- Ethereum co-founder Anthony Di Iorio says he is betting big on ADA and DOT
- Both projects are led by other Ethereum co-founders
- Also, Di Iorio added that he is keeping things simple by only investing in top projects
Ethereum co-founder Anthony Di Iorio is betting big on Cardano (ADA) and Polkadot (DOT). In fact, Di Iorio invested in both projects because of their goal-oriented teams.
The Ethereum co-founder shared this in a recent interview with Anthony Pompliano on The Pomp Podcast.
In the interview, Di Iorio shared,
I’ve kind of fallen back to just simplicity. I’m in a number of different projects, but the majority of my stuff is in the top projects. I’m a big fan of Polkadot, I’m a big fan of Cardano.
Notably, other ETH co-founders are Vitalik Buterin, Cardano founder Charles Hoskinson, and Polkadot’s current CEO Gavin Wood. Meaning, Di Iorio is familiar with the competence of the men leading both ADA and DOT.
Also, the Ethereum team was goal-focused, competitive, and driven which made Di Iorio confident about joining the project. In addition, Di Iorio says he is a big fan of both Charles Hoskinson and Gavin Wood. Currently, Di Iorio is the CEO and founder of Decentral and crypto wallet Jaxx.
The Ethereum co-founder is “not getting lost in all the DeFi stuff.” Di Iorio claims DeFi requires a lot of energy adding, “it’s a full-time gig to be running a lot of that stuff and keeping on top of stuff.”
Analysts have often praised Cardon’s ‘scientific and mathematical’ roadmap. In addition, the blockchain is popular for its slow, progressive, and accurate build-up. This is perhaps one of the reasons ADA upgrades consistently excite the market.
Similarly, Polkadot fans feel as bullish about their favorite blockchain. One DOT fan, Blockchange General Partner Ken Seiff, called the blockchain a complex and nuanced project with many elements that interact in a powerful, virtuous cycle.
Finally, at the time of writing, Cardano and Polkadot were trading at $1.58 and $23.86 respectively.