UBX, the fintech venture studio and fund spun out of UnionBank, has launched its own public stake pool featuring Cardano. 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. However, their focus is as outward-looking as it is inward. The DJED stablecoin is the first to ensure price stabilization through formal verification and has been touted by some as the most advanced crypto stablecoin project in existence. Cardano brings a new standard in technology open and inclusive to challenge the old and activate a new age of sustainable, globally-distributed innovation. Cardano is the first blockchain platform to be built through peer-reviewed research, to be secure enough to protect the data of billions, scalable enough to accommodate global systems, and robust enough to support foundational change. Alonzo White added more features and invited a wider range of participants. SHEN is a reserve token that uses a unique mechanism that will maintain the algorithmic peg of DJED while pricing an incentive to SHEN token holders. 2022 was a brutal year for crypto investors, but it strengthened the reputation, robustness, and utility of DeFi and highlighted the importance of self-custody. 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. In addition to these partnerships, Cardano took strides to increase on-chain DeFi activity through a strategic collaboration with UBX. Home of the Cardano Foundation. Alonzo Blue introduced smart contracts with around 50 participants, who of which were made up primarily of stake pool operators. Though the fact that Djed survived the blood-bath extinction event that affected many stablecoins following Terras collapse is a massive sign of its potential. Investors in the cryptocurrency that want . The Cardano Foundation is an independent standards body that oversees and supervises the advancement of Cardano and the Cardano ecosystem. During the insane market turbulence around the time of the Terra collapse, COTI CEO posted to Twitter to showcase the fact that Djed had managed to keep its 1:1 peg while all hell was breaking loose across most of the other stablecoins, including USDT, which had also slipped off its peg for some time as a result of high volatility. A decentralized team works across three independent entities to ensure that Cardano stays true to its purpose as we advance and evolve. The ADA coin price prediction from DigitalCoin projected that the price could average $3.63 in 2022, up from $2.93 in 2021, and climb to an average of $8.79 by 2025 by 2028.. 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. 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. As of March 1 st, Cardano completed its 2 nd hardfork-combinator event (a novel mechanism developed by Cardano) in a 3-phased HFC rollout with the launch of 'Mary'. About 40% of all the applications that are being deployed are NFT-related About $270 million a month in NFT volume. Partnerships. 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 to redistribute, more fairly, power and control. According to behaviour analytics company Santiment, in mid-2022, Cardano was the most active for blockchain developers across the entire crypto space. The Cardano price is forecasted to reach $0.4306499 by the beginning of February 2023. Though the network was slower to get started than many Cardano fans would have liked, now that the ball is rolling, it is only picking up speed. 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. Every good ecosystem needs a popular DEX, look no further than Uniswap on Ethereum, PancakeSwap on the Binance chain, QuickSwap on Polygon, Trader Joe on Avalanche, or Serum on Solana. The SundaeSwap interface is well-designed, easy to use, and the liquidity is sufficient for most traders needs. This is well off where it was both one month and two months ago. Its Alonzo upgrade, high developer activity, and numerous partnerships and collaborations have enabled the coin to grow exponentially and create a place for itself. Documentation Docs. By paying in Revutos native token, users can even enjoy a discount on their subscriptions and get cashback rewards. Cardano is 89.51% below the all time high of $3.10. AID:Tech has won multiple awards from the likes of Citi, the IMF, Dubai government. Cardano's advantage in this is learning from the mistakes of 1000's of earlier projects to design a more future proof solution however. His post went on to explain how Djed is different from other algorithmic stablecoins: For me, as much as I trust Cardano, and believe that if anyone can create a successful algorithmic stablecoin, it would be Cardano and IOG, it is still going to be a while before I put any significant amount of wealth into any algorithmic stablecoin until I am confident they can truly withstand the test of time. Cardanos native token ADA is used in the blockchains PoS consensus mechanism and is used to pay transaction fees on the network, as well as reward users who participate in Cardano staking. Users can easily block, suspend, or snooze payments, putting the power back into the hands of the consumer. Many blockchain projects such as Solana and Ethereum take a move fast and break things approach, releasing technology that is not fit for scale or ready for global adoption, as we have seen with Ethereums insanely high gas fees and Solanas multiple outages. 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. The conference is scheduled for next . This makes it a simple, fast way to store and transact your ada (). Cardano Forum; Partners/Alliances; Careers; Build on Cardano. Disclaimer: I hold Cardano as part of my personal crypto investment strategy. Cardano has announced a partnership with oracle solutions provider Chainlink to accelerate the development of its DeFi ecosystem. The legal leader at PWC Gnther Dobrauz has also recently said that Cardano is a 'Huge Part' of the Decentralized Future. GitHub GitHub. COTI CEO Bar-Geffen and Hoskinson Announce Djed at 2021 Cardano Summit. 5 Important Things You Should Know About Investing In Cardano; 6 Best Ethereum Wallets For New Investors; The Shiba Inu Price Prediction For 2021-2025; What . Cardano Partnerships. Here are some fun facts about Cardano: 1. The live Cardano price today is $0.513943 USD with a 24-hour trading volume of $767,621,170 USD. Otherwise, nice summary of partnerships. As Cardano's official stablecoin Djed edges close to its mainnet deployment, several organizations have indicated an interest in using the algorithmic stablecoin. 2. With offices in Singapore and Dublin, AID:Tech cooperates with governmental, institutional and private partners globally. First to be founded on peer-reviewed research and developed through evidence-based methods by the company. The Cardano (ADA) price has made an incredible start to 2021. Sign me up! MELD was the first DeFi application on Cardano to offer a full banking stack, allowing users to lend and borrow crypto and fiat. 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. It also hit more than 50 cities and thousands of screens across the world. Empowa is a fantastic project that brings us back down to Earth and reminds us that crypto is about more than just Lambos and moonbags. There were no private or VC investment rounds, ensuring that the community benefits, not early speculators, investors, and insiders who have no intention of using the platform. Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. However, their focus is as outward-looking as it is inward. The Cardano community is privileged to have committed members. These partnerships mark the next phase in our development as we now seek to rapidly drive usage of our blockchain and contribute to the creation of a better economy.. Click to reveal Charles's views came in the latest AMA (Video Below With Timeline) on YouTube on 21-6-2021. If you are looking to . The Alonzo hard fork was, to the surprise of many, a huge success that went off nearly without a hitch in what was probably the smoothest upgrade in crypto history. Their community is significantly smaller than Cardano. Runs on the Proof-of-Stake Ouroboros consensus protocol. We actively seek and work with a range of investors, partners and institutions to boost inclusive and sustainable economic growth. Cardano is a blockchain project founded by Charles Hoskinson, co-founder of ethereum, to "provide a more balanced and sustainable ecosystem" for cryptocurrencies. You also have the option to opt-out of these cookies. Just fax. Cornucopias combines gaming with real-world commerce and provides potentially limitless opportunities for entrepreneurs, builders, designers, and gamers. 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 current circulating supply is 34,518,639,816.743 ADA. Through its proprietary technology, Rival connects the massive global appeal and audience of gaming and esports with sports teams, leagues, brands and media properties. Though thanks in part to IOGs Plutus Pioneers course, thousands of developers have been attracted to the ecosystem and Cardano projects quickly started budding, laying to rest many of these concerns. 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. and partners. And before you roll your eyes about another gaming project claiming to be Triple-A quality, only to be disappointed as the game falls far short of delivering on its promises, Cornucopias stands a real shot here. With operations in two continents, Rivals current partnership roster includes the NFLs Seattle Seahawks, Monumental Sports and Entertainment, NHLs Arizona Coyotes, NBAs Detroit Pistons, Aston Villa and Watford of the English Premier League, as well as organizations including the Amateur Athletic Union (AAU) and Pop Warner Little Scholars. Image via Cornucopias. Yoroi is EMURGO's one-click-install, light wallet for Cardano. Empowa is the first RealFi property platform on Cardano that combines emerging technology, sustainable building, and decentralized financial inclusion for all. Cardano is a public blockchain platform. ADA whale (@cardano_whale) June 16, 2022. Cardano is one of the most innovative and exciting blockchain projects in the space, being referred to by many as a Third-Generation blockchain network and often praised for its advanced cryptography and functionality over older, slower, and less efficient blockchains like Ethereum. Djeds algorithm is based on a collateral ratio in the range of 400%-800% for, If the ratio falls below 400%, users will not be able to mint. With two smaller post-launch phases dubbed Alonzo Red and Alonzo Black. Each phase added more users to the testnet and identified bugs that needed to be fixed. The current price is $0.33 per ADA. The PhD will explore the economic functions of UTXO based blockchain in collaboration with the Cardano Foundation and the Blockchain Data Observatory at the UZH.. One of the target areas, Mozambique, finds that only 1 in 50,000 of its residents have a mortgage, and rates can be as high as 32%. veritree was incubated from the experience of the founder's first venture, tentree - a sustainable apparel company that plants ten trees for every item sold. This is the sort of use case I was driving at. MELD is one of the exceptions. 103.142.25.221 The price of Cardano has risen by 21.89% in the past 7 days. Image via Cardanofeed. One of the major drawbacks of blockchain gaming so far is the sad, lacklustre graphics and poor gaming mechanics, which has resulted in blockchain games becoming the laughing stock of the serious gaming community, and I must admit that I feel the same way. The Cardano Summit, and this spate of partnerships, is the latest in a series of wins for Cardano, which successfully launched its Alonzo upgrade earlier this month on the 12th September. The Alonzo upgrade was highly anticipated as the Cardano network had been previously referred to as the smart contract platform with no smart contracts, and many critics were calling Cardano a ghost chain. Alonzo laid the foundation to change all that, and developer activity has since skyrocketed as Alonzo enabled anyone with the ability to create and deploy their own smart contracts and DApps on the Cardano blockchain. PwC ( Source) January 27, 2020: Charles Hoskinson revealed in a Livestream that Cardano will be working with. 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