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Charles Hoskinson, the CEO of IOG and creator of Cardano (ADA), has some hours ago shared the breakdown of how starcraft tournament competitors were rewarded a decade ago with little or no prospect for Bitcoin (BTC).

At the inception, Bitcoin, the first cryptocurrency that ever existed was trading a little above $1. It can be well described as worthless compared to other assets, such as gold, silver, among others.

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Little of the people of those days could picture the future, or better still, its current price stature. Around that time was when someone paid 10,000 BTC to purchase Pizza.

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However, Bitcoin has experienced a turnaround in all ramifications. Ranging from a significant boost in price to an increase in mainstream adoption.

After a few years of Bitcoin (BTC) emergence, we started having new versions of cryptocurrencies. Some were forked from Bitcoin, while others, such as Etherum (ETH) and Cardano (ETH), are entirely different from the flagship cryptocurrency.

Today there are thousands of crypto projects thriving together in the market. And the current bull market has not only impacted the price but has also boosted the popularity of the crypto industry at large.

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5th-8th Place in a Starcraft Tournament a Decade Ago Received 25 BTC

In a tweet posted a couple of hours ago, the creator of Cardano (ADA), Charles Hoskinson shared the reward breakdown for a starcraft tournament about 10 years ago.

According to Hoskinson, the first place was awarded $500, second place $250, third place $150, and fourth place $100.

What is worthy of note about the tweet is that the 5th to 8th place was rewarded 25 BTC each, which is worth $1.4 million at current prices. This indicates that the reward was shared among the competitors with little or no prospect for Bitcoin.

Read Also: Cardano (ADA) Records Its Highest Daily Close Ever Following Partnership with Ethiopia Government

Charles Hoskinson tweeted, “This was the reward breakdown for a starcraft tournament a decade ago.”

The tweet has since gone viral and garnered a lot of reactions from the crypto community members.

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.