The Cardano community is discussing the importance of marketing and venture capital support amidst increasing challenges.

Community Split

Rick McCracken, a notable contributor to the Cardano ecosystem, expressed concerns about the community's approach to marketing and project visibility. In his recent statement, McCracken highlighted a growing divide among members regarding the need for marketing efforts and venture capital support.

Comparison with Meme Coins

Some influential figures express skepticism about ADA's market capitalization exceeding that of several popular meme coins. It is noted that in the current market, ADA's $12.5 billion valuation seems disproportionate compared to WIF and PEPE, which have smaller market caps but more engaged audiences.

Need for Promotion

The lack of marketing activity may hinder ADA from attracting broader attention in the competitive cryptocurrency landscape. Some community members argue for a focus on development relationships, but McCracken emphasizes that merely improving the developer experience may not suffice. He calls for exploring different strategies to enhance Cardano's market visibility.

The current discussions within the Cardano community revolve around key issues of promotion and support, reflecting a critical juncture for the project amidst growing market competition.