It was a tossup between Drunken Dragon Games, which is a fantastic-looking NFT retro-style game, and Cardanos first metaverse Pavia, which you can learn more about in our Pavia review. I wont go into much further detail on it here, as we have a dedicated SundaeSwap review if you want to learn more. Zimbabwe tells a similar story with interest rates of 45%. Blockchain technology does have the potential to make society exponentially better in so many ways, something that is often forgotten as we cross our fingers and hope for our favourite tokens to 10x. We actively seek and work with a range of investors, partners and institutions to boost inclusive and sustainable economic growth. The Foundation is equally committed to working with other key industries within the blockchain realm, contributing to the advancement of the technology and driving adoption with other compatible systems. Cardano is often criticised for being slow to develop and roll out integrations, though many Cardano enthusiasts see this as a strength, not a weakness. Image via Cardanofeed. And this growth is happening in the depths of a crypto winter to make it even more impressive. Then came the final Alonzo Red/Alonzo Black phase, which were reserved for the final bug fixes to prepare for the final release of the hard fork. To fulfil this caretaking role to the highest standards, the Cardano Foundation has a governing Council, a professional executive team and community managers, recruited in many cases directly from the wider Cardano community. There are no official statements of what Cardano's plans actually are. Since the launch of Alonzo, Cardano has been playing leapfrog with other major layer 1 networks like Ethereum, Solana, and Polkadot, often holding the crown of having the most developer activity on the network. Cardano (CCC: ADA-USD) cryptocurrency has been floating down in the past two months. COTI CEO Bar-Geffen and Hoskinson Announce Djed at 2021 Cardano Summit. Cautious optimism is the way I would look at the recent developments at Cardano. Even in this bear market, the pace of growth happening on the network is quite astonishing, and Cardano is not even in its final form yet. As investors in the crypto space try to figure out how this will affect Cardano and the market at large. Users can easily block, suspend, or snooze payments, putting the power back into the hands of the consumer. This brings us to the first gaming mention on the list, Cornucopias. We have changed science. The Foundations most crucial responsibility is driving platform adoption and supporting the diverse Cardano community people like you engaging with and implementing ideas on the Cardano platform. Announcements made at the Cardano Summit 2021 include news that Cardano has teamed up with global land restoration and tree planting verification company veritree to secure its records on Cardanos blockchain. Existing, on going or MOUs and being added to? Just fax. Image via Revuto. GitHub GitHub. To celebrate this, Cardano and veritree launched The First Global Cardano Impact Challenge, inviting its global community to make donations to veritree using Cardanos native token ada. Empowa is on a mission to provide affordable housing and banking services for those without access to such services in Africa. Cardano has a much more comprehensive blockchain and wider scope/ambition. Edinburgh Decentralization Index (EDI) will be the first Read more, Cardanos development is guided by academic research ove Read more, Edinburgh event celebrates Cardanos achievements and an Read more, A guest blog post by the Obsidian Systems Hydra team Read more, University of Edinburgh to create index of crypto decentralization. The protocol is the culmination of tireless effort, building on foundational research, and is propelled by a vision for more secure and transparent global payment systems, and a means . The sheer earning potential of this game and endless possibilities are one of the key reasons Cornucopias is one of the most promising and exciting metaverse projects that caught my attention. We have seen what a Goliath Uniswap has become for the Ethereum ecosystem and early investors in the UNI token have enjoyed face-meltingly high ROIs. But opting out of some of these cookies may have an effect on your browsing experience. Cardano is a proof-of-stake (PoS) blockchain platform. The news was released at the Cardano Summit, a two-day conference . Cardanos EVM Sidechain Contributed to Further Growth of the dApp Ecosystem. Cardano ( CRYPTO:ADA) is a blockchain platform that has set its sights high with a goal to make the world work better for everyone and redistribute power to the margins. , Here is a look at some of the features of MinSwap. In July 2022, Cardano Led in Developer Activity. The Essential Cardano list provides an outline and accompanying map of the Cardano ecosystem and a central library of materials, which includes official IOG, Cardano Foundation, and Emurgo resources, as well as community-generated materials. As I am no math whiz and the technical specs of this project are far above my head, I guess I will just have to take IOGs word for the claim that the Djed protocol is mathematically certifiable. Currently, the coin is trading at $0.89, about a 70% drop from the all-time high price of $2.89 in December 2021. Price as of May 26, 2022, 4:21 a.m. We witnessed a rare occurrence happen in the space where Cardanos first DEX SundaeSwap failed to capitalize on their first-mover advantage as it has recently been not only surpassed, but absolutely dominated in terms of TVL by newcomer MinSwap, MinSwap is holding over 52% Dominance on the Cardano Network according to Defi Llama. ADA Price Live Data. According to its website, ADA . MinSwap uses a multi-function liquidity pool that brings together the best features of other DeFi protocols. Instead of the more common buy and sell orders found on order book systems on exchanges, Sundaeswap creates a Liquidity Pool of reserves between two assets, where the value of both assets is more or less equal. Aside from the primary function of being a DEX, MinSwap also offers the following DeFi products: MinSwap is also Ethereum compatible featuring an ERC20 converter which is incredibly convenient for bridging assets across networks. As the legal custodian of the protocol and the owner of the Cardano brand, the Foundation works to drive adoption and partnerships, grow the Cardano community globally, shape legislation and commercial standards, and ensure stakeholder accountability at . One of the hurdles that Cardano faces and criticisms against the project is that Cardano uses Plutus as the native smart contract language, which is a Turing-complete language written in Haskell. 103.142.25.221 Each step of the platform's development . Whoop whoop! Benefiting from being completely decentralized, trustless, borderless, democratic, and secure, MELD provides users with the ability to: Being able to borrow fiat is a game changer in the crypto space. There are three key partners that play pivotal roles: The Cardano Foundation. Additionally, Hoskinson said 8 million digital identities will be provided to Dish's customers as a result of Cardano. Cardanos Purpose According to Cardano.org. Cardano is an open-source Proof-of-Stake public blockchain platform. Cornucopias combines gaming with real-world commerce and provides potentially limitless opportunities for entrepreneurs, builders, designers, and gamers. As the legal custodian of the protocol and the owner of the Cardano brand, the Foundation works to drive adoption and partnerships, grow the Cardano community globally, shape legislation and commercial standards, and ensure stakeholder accountability at every level. Im not anti-NFT by any means, I am just in the camp that believes that NFTs are an incredibly powerful innovation, and their true potential has not even come close to being achieved. Here is a look at Cardanos ecosystem in August of 2021: And here is how rapidly the DApp ecosystem has grown a year later in August 2022: Despite the crypto bear market and suppressed price action, development in the crypto industry is still thriving among many of the top layer 1 projects. Currently, the program includes more than 50 . SundaeSwap is a decentralized exchange protocol for the Cardano network that enables native and ADA asset exchanges peer-to-peer in a trustless decentralized manner. This metaverse gaming project will open up players to an entirely new world of currency, economics, and gameplay, where they can create and trade their own NFTs. This metaverse can be entered by anyone in the world, including brands and companies who may wish to set up shop in this Cardano-powered metaverse. Cardano is made up of three entities, each with their role in the project. Coders who choose to learn Solidity can work in the Ethereum, Binance Chain, Avalanche, Tron, and Hedera ecosystems among others, vs Cardanos Plutus, which is only used in the Cardano ecosystem. Image via Twitter/Santiment. Image via ZyCrypto.com. The Cardano Foundation has partnered with the University of Zurich (UZH) to sponsor a PhD position in Blockchain Analytics. Cloudflare Ray ID: 78baf4599f0c0451 veritree is a restoration-focused technology company that leverages blockchain to provide tree planting organizations with a robust and transparent integrated planting management platform for global restoration efforts. I can definitely get on board with that! As many people in tech and crypto say: follow the developers, because where development is happening, things are being built that are likely to attract users and investors. My first job in crypto was working as a support engineer for a crypto wallet with a built-in exchange, and no exaggeration, we would get hundreds, if not thousands of email tickets per day from customers who were upset, annoyed, and did not understand why they needed to hold Ethereum to swap Uni for Chainlink for example. This barely scratches the surface of what Cardano is. We actively seek and work with a range of investors, partners and institutions to boost inclusive and sustainable economic growth. The live Cardano price today is $0.513943 USD with a 24-hour trading volume of $767,621,170 USD. * IOG . Yeah, that is basically it! We have changed what it means to build global systems and sustainable models of exchange and governance, The quote goes on to explain: We, alongside our community and partners, are defining a new future: a decentralized future without intermediaries, in which power is returned to the individual.. The amount of growth in the Cardano ecosystem is happening at such a pace that Cardano can no longer be ignored as a top contender for Ethereum alternatives. Instead of filling a buy or sell order of another trader, the trader is buying or selling directly within the pool. Cardano is unequivocally one of the leading blockchains at the forefront of an African crypto-tech push. In this modern age, there are often a plethora of subscription services linked to our bank accounts. It wasnt just me that was surprised by this NFT surge on Cardano either, IOGs CEO Charles Hoskinson himself had this to say in an interview with Yahoo Finance in June 2022: One surprising area of growth on Cardano is in the NFT space. Zurich - 25 September 2021 - The Cardano Foundation, the non-profit organization and custodian of the Cardano blockchain, has announced a number of strategic partnerships that will drive further adoption and utilization of the Cardano blockchain following its highly anticipated launch of smart contract capabilities earlier this month. Cardano & BIG "Partnerships" (My ADA Outlook) im glad cardano isn't partnered with amazon or a major web2 company, by all means, we can use more developer tooling and ease of access but not at the co. Cardano & BIG "Partnerships" (My ADA Outlook) im glad cardano isn't partnered with amazon or a major web2 company, by all means, we can . Found a partnership list on the cardano.org site but believe this could be expanded to include the latest for example COTI (ADAPay), Travala etc. Input Output announcing a landmark partnership with Dish, bringing the world of global telecoms and the #blockchain space together. 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