Flare’s success proves that strategic execution and utility matter more than a head start or a massive treasury. Cardano’s struggle to replicate this model highlights the growing gap between academic rigor and market-ready innovation.
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Deep Dive
HOLY SH*T… Cardano Actually Copied Flare’s Strategy?! 🚨Added:
Cardano has been trying to copy Flair's strategy, but they failed. This is not coming out of my mouth. This is coming out of Hugo Filion's mouth. And there is some drama here and there between Charles Hoskinson's, the founder of Cardano, and obviously Flair's own Hugo Filion, co-founder and CEO. Well, there is something that you should really pay attention to because of this.
This is actually bringing flare even more in the spotlight. So, I'm going to show you in this video because this is very interesting. What is going on everybody? It's King Karan with another flare content for you guys. So, when there is some drama between two founders, two CEOs, I mean, look, if it's really bad drama, I mean, you know, it can damage some reputations here and there. But when I was reading this, oh man, we got some juice now. [laughter] We have some juice over here. And in this video, you're actually going to find out that even an asset as Cardano that is sitting at number 12 on the top market cap cannot even touch flare. And don't get me wrong, I'm not here to throw any shades at Charles Hoskinson's or to hate Cardano investors. Not at all. You know, I'm not a person that hates a specific person or that targets coins projects out there because at the end of the day, I'm mostly focusing on people who are making themselves better, protecting their families, making sure that they are healthier day by day. And if they're investing in Cardano and they made money from it, hey, I'm rooting for you, man. But because of this tweet and because of this conversation between these two founders, there is something that even made me more bullish on Flare.
So for the full context here before I'm going to show you the tweet, Charles Hoskinson's was on stage and he was saying that Bitcoin will be programmable by Cardano. And if you're talking about programmable, you're talking about going to other blockchains, you are entering Hugo Filion's territory. and this was his response. So, here we go. Cardano launched in 2017.
Flare launched six years later. Ever since Cardano has been trying and miserably failing to copy our strategy, I'm personally looking forward to them getting into TE's, trusted execution environments. Cardano has far lower stats across the board in Devi than Flare. Despite having a massive head start and at least at some point a vast treasury, Cardano will not win BTC.
Flare will win by creating the unified DeFi layer of FXRP, FBTC, FXLM, RWAS, stables, and the rest. And as you can see over here, you do see both TVL. So you have flares over here, 159 million. I mean, that's only on the chain. I mean, if you if you collect FXRP across the chain and everything, it's way more, but that's just without that. And then you have Cardano over here, 131 million. So then Charles Hoskinson's obviously came back with another tweet, but what you actually should focus on is this part where he's saying that ever since Cardano has been trying and miserably failing to copy our strategy.
So actually they had a head start from 2017. They had all the hype. They had all the money. I mean, not literally all the money, but I mean, when you have an asset going from two cents all the way to $2 something, that was at least a 100x and you had all the capital, you had all the possibilities to explore things like tees and some other things in order to be a project like Flare, but they didn't. and they still had a head start and Flare building in the bare market.
Bad sentiment and they are still far ahead compared to Cardano. I mean that should tell you enough. And the fact that they were copying Flair's strategy, I mean that even makes me more bullish.
People are trying to be like Flare and an asset that is at number 12 biggest market cap. And everybody knows about Cardano, right? Everybody knows about it and now with this coming out should actually tell you enough. So here you have Charles Hoskinson replying to Hugo Filion. So here you go. Attacking Cardano to get attention and media is so 2022.
You need to update your marketing strategy. Maybe do Tik Tok reaction videos.
Okay. So, Hugo Filion replied, "Wasn't an attack, just numbers from Devi Llama.
But if I read between the lines of your message, others were attacking Cardano in 2022." And despite that, little has materially changed. Would you like an advanced copy of our 2027 strategy so you can give it a whirl, too? So actually he's saying that would you like to have our strategy from 2027 so you can also copy that you can also steal that from us and you can use it for Cardano. I mean look when there is drama I am looking like I'm not really putting my emotions here and saying oh I hate you or like saying something crazy like that. I'm just looking closely like all right what what are these guys saying you know and what are the facts and he's claiming about this and you know I'm I'm mostly going deeper and then I'm going to come with a conclusion but just by the looks of Charles Hoskinson's reply like Tik Tok videos you know update your marketing strategy but obviously if you look at Hugo Fillion's reply it has something valid inside of that right it's not just throwing shades oh do your marketing better oh what are you talking about man like this is something valuable here. Like the fact that Cardano tried to copy Flair's strategy, but they failed since they still had a head start since they founded in 2017 and 6 years later, Flair launched in 2023. And they were building throughout the bare market while the sentiment was bad and they probably had way less capital compared to Cardano. I mean, Cardano went to two bucks something.
People made a lot of money from Cardano and obviously the company itself obviously made money. So that should actually tell you enough that with little capital with little time yet Flare succeeded in Devi and will succeed obviously in making sure that Bitcoin is programmable just like they're doing it with FXRP because there is proof out there that Flare can do this right. Flare already is doing this with FXRP and obviously with Bitcoin it might be a little bit more complicated since you need TE's and PMWs but they're almost close to complete this. So they are the front runners. It's not Cardano. It's Flare because the team is locked in. You know if you have a project it's not just only the CEO or the founder that needs to be tiptop and needs to talk here and there and promote their product. the team itself, the developers, the market, like everybody working together, you need to have a solid team. And by the looks of it, Flair's team is locked in, man.
Flair's team already have built so many crazy things in the past year. Even I was about to say the past three years, but the past year, they already have launched F assets, right? Smart accounts. They already have over 150 million XRP being bridged over on the flare network. You have exchanges mentioning that they're going to use flares tech. I mean, as an example, Uphold, right? You have a lot of other exchanges who are going to announce this. You have financial institutions who are waiting. We even have a institutional grade staking platform called Fireite.
And with all of this, what Flair has done being this close now to do something with Bitcoin when you have the founder of Cardano saying this all the time like, "Yeah, we have to make Bitcoin programmable." But who is actually doing the real work, right? And the proof is here, right? I'm not here just picking up sides. I'm not here paid by Flare. I'm just doing my research.
I'm doing my investments. I'm observing, looking what is really happening. And the clear winner is Flare if it comes to how far they can go to make other assets on other blockchains programmable and obviously add Devi to the blockchains.
So let me show you a picture over here so you can actually see the difference between Flare and Cardano. So as you can see Flair's mainet launch was in 2023 and you have Cardano's launch in 2017.
So they had a head start already of around six years. So then you obviously have a 440 million in TVL for Flare. And if you compare that to Cardano's TVL is at 287 million. And keep that in mind 6 years ahead. So they had more time to actually pump up that TVL, right? They had six years to do that. And yet Flare is almost doubling that. And then locked in Devi 200 million compared to Cardano's 155 million. And then the question do they have oracles right? Flare yes they have oracles. Flare time series oracles FTSO and Flare data connector FDC. If it comes to Cardano yes but integrated so from a third party. It's not baked in like Flare. Integrated via partners like Chain Link and Melt. All right. So they don't have bakedin oracles. And then if you look at smart contracts, I mean they both have smart contracts, but the most important thing is obviously TVL because that's the biggest flex. If you're going to target other blockchains, you better make sure that your TVL is on point. And if you look at Flare, almost doubling in TVL compared to Cardano should actually tell you enough. So now I'm going to speculate a little bit. So you better grab your calculator right now. your flare bags times this price. I mean, look, I'm just kidding. But [snorts] if you look at Cardano and what Cardano did from two cents all the way to $2, it was around $250, $240 or somewhere around that price, that is at least a 100x.
And with the TVL of Cardano and what they did, I mean, it's not that impressive compared to Flare. So I mean you can do I mean flare is at 0.007.
I'm not saying calculate the 100x from there. I mean then it's already at 70 cents but I mean look at what Flare is doing and also with FIP 16 right where you have the Flare utility proposal that will actually make sure that Fledge utility will increase and the biggest thing obviously coming out of that is fire that will obviously burn FLR and buy back FLR on the market and I will take all of these revenue and do all of that. Well, Cardano is not doing that, right? If you look at the demand, you look at TVL, Cardano is not close to it, but yet Flare is still undervalued.
Flare is still there and people are not paying attention yet. I mean, if it comes to the people outside of Flare, right? You have people who heard about it, people from the XRP community who have heard about it. Oh yeah, the Flare drop. I remember that when we received the air drops, but people outside once they're going to open their eyes, Flare is at a different price, guys. I'm not saying 100x, but if Cardano can do something like that and you look at Flare, I mean, guys, I'm not saying anything, but you never know. You never know. So, I hope that you guys have enjoyed this content. Make sure to like, subscribe, and don't forget to put something down below. Let me know what you think about this video and I see you guys next
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