Another factor fuelling growth was the launch of the K EVM program. Runs on the Proof-of-Stake Ouroboros consensus protocol. Using Trust scores, the Trustchain algorithm determines the amount of Proof-of-Trust necessary to confirm a transaction. Why not automate your annoying bill payments and live a happy, stress-free life with Revuto?. The Cardano Foundation confirmed a series of new strategic partnerships at the recent Cardano Summit, an event highlighted by the launch of its 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. 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. View missions. Cardano is 89.51% below the all time high of $3.10. 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. Very bold mission and statement. The partnership will see Cardano facilitate the ability to create and distribute NFTs, the redemption of NFTs for physical goods, and marketplace-based royalties within the Rival platform, whose clients include the National Football Leagues (NFL) Seattle Seahawks, National Basketball Association's (NBA) Detroit Pistons, and Aston Villa and Watford of the English Premier League (EPL). 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. Djeds Whitepaper states that the protocol behaves like an autonomous bank that buys and sells stablecoins for a price in a range that is pegged to a target price, and mentions that Djed is the first stablecoin protocol where stability claims are precisely and mathematically stated and proven., A Look at how the Cardano and COTI Ecosystem Interact. The live Cardano price today is $0.513943 USD with a 24-hour trading volume of $767,621,170 USD. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If you're looking for the data for Cardano Partnerships List, GetCoinTop is here to support you. Lumenshine. Once the pool is populated with assets, a trader submits a trade for one of the two assets in the pool, resulting in the price of both assets increasing or decreasing, creating a new market rate. I think this is one of the things that can fall into the cracks between the big three Cardano orgs. Instead of trying to reinvent the wheel, MinSwap Liquidity pools are composed of the following principles: The Babel fee mechanism used on MinSwap allows users to pay for transaction fees in other tokens without the need to hold ADA, which is another innovative feature of the platform. COTI uses DAG to solve scalability issues by assigning Trust scores to each network user, which encourages good network behaviour by reducing fees and increasing service standards. Maybe somebody in the community would like to keep on top of developments regarding Cardano partnerships and publish the information somewhere. StellarX. AID:Tech has won multiple awards from the likes of Citi, the IMF, Dubai government. Further investigations turned up little with regards to deals that "will blow people's minds." For that to happen, the expectation is collaborating with a household . Meanwhile, Polygon is looking at large-scale strategic partnerships to popularize its layer-two solution. It is open-source and decentralized, with consensus achieved using proof of stake.It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA.. Cardano's development began in 2015, led by Ethereum co-founder Charles Hoskinson.The project is overseen and supervized by the Cardano Foundation based in Zug, Switzerland. veritree was designed to solve this problem and is now being utilized to support other organizations in their planting efforts. 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.. Cardano grand partnerships after Alonzo upgrade. These cookies do not store any personal information. One of the reasons for MinSwaps rising popularity is a new and innovative strategy for token distribution and liquidity pools. After rising to as high as $2.46 earlier Saturday, the price of Cardano's ADA token was down 0.42% over the last 24 hours at $2.28 . To see a network as powerful as Cardano being used primarily for NFTs, which, in these early days, are little more than arbitrary over-priced JPEGs of monkeys used to show off ones wealth and status, sort of feels akin to using a bazooka to kill a housefly. Our diverse network ensures the flow of innovative solutions and capital into high-impact areas. Pioneering Use Cases across Climate Restoration, Decentralized Finance, and NFTs. Cardano is a public blockchain platform. Cardano Forum Cardano Forum. Players can engage in a series of mini-games, taking advantage of the Play-to-Earn mechanics, or design their own items like furniture and dcor. UBX is the financial technology venture studio and fund of UnionBank of the Philippines, UBX is predicated on a future where financial services are invisible: seamlessly embedded into the experiences and activities that truly matter to businesses and people. Well, The Island is being built out on the futuristic Unreal 5 gaming engine, which is compatible with PC, mobile, and consoles. The Foundation contributes to the conversation and perception of blockchain globally, focusing on legal frameworks, integration with legacy systems and third-parties, awareness, and education to ensure that blockchain technology can be accessed and understood by all. * IOG itself is not necessarily working with Cardano long term! This website is using a security service to protect itself from online attacks. Additionally, Hoskinson said 8 million digital identities will be provided to Dish's customers as a result of Cardano. 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. These 7 Cardano projects are by no means a comprehensive list. It also hit more than 50 cities and thousands of screens across the world. For anyone who follows the painstaking attention-to-detail-oriented perfectionism of Cardano builders, this should come as no surprise that even their stablecoin is advanced and complex. The future of Cardano looks bright, and it is in an interesting position with a strong foundation to be able to blast off during the next bull market as both retail and institutional interest in the network increases. However, their focus is as outward-looking as it is inward. As the competition is so close between MinSwap and Sundaeswap, we figured it was only fair to mention the other leading DEX on Cardano. Thanks @RobJF for both replies. Hoskinson often borrows from the old tradesmen clich and states that it is better to measure twice, cut once, instead of just winging it as many crypto projects seem to do. Cardano also confirmed support for AID:tech, which provides identity based solutions for finance, payments and insurance through blockchain. Your IP: The DeFi services offered by MELD are just one of the many things that attract users to crypto, which is why this Cardano project is on the list and has attracted partners and investors such as Polygon, World Mobile and others. 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. Image via Cardanofeed. In addition to these partnerships, Cardano took strides to increase on-chain DeFi activity through a strategic collaboration with UBX. Image via Cornucopias. IOHK. Remember when I said Cardano can be utilized for so much more than NFT pictures of silly monkeys used by celebrities to show off wealth and status? The current CoinMarketCap ranking is #8, with a live market cap of $12,165,293,463 USD. The SundaeSwap interface is well-designed, easy to use, and the liquidity is sufficient for most traders needs. In early 2023, Cardano (ADA), Avalanche (AVAX) and Solana (SOL) have demonstrated significant growth. ADA Price Live Data. 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. Just fax. Following the latest update, the upcoming event could be the biggest one yet. Some of the Platforms Features. Algorand Partnerships. EMURGO. The action you just performed triggered the security solution. Cornucopias combines gaming with real-world commerce and provides potentially limitless opportunities for entrepreneurs, builders, designers, and gamers. It is an incredibly powerful and advanced blockchain, capable of supporting the future of finance and institutional processes and framework, as we have seen with their foray into helping support infrastructure projects in Africa, along with their work within academia and universities. 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. Maybe the list shown in the screenshot could either be supported, replaced or expanded upon. UBX stakers are now able to earn rewards on their ada for helping to secure and operate the Cardano blockchain. Firefly. 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. And if you are reading this thinking that this feature is pedantic and needing to hold ETH is obvious and not a big deal, I will counter by pulling from previous experience. Bye-bye ERC-20 standard. ADA tokens are its native . The news was released at the Cardano Summit, a two-day conference . 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 . Cardano (CCC:ADA-USD) cryptocurrency has been floating down in the past two months. 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. We may receive a commission for purchases made through these links. 1. Image via ZyCrypto.com. [deleted] 3 yr. ago. The COTI MultiDAG built on top of the Trustchain produces fiat-collateralized, crypto-collateralized, non-collateralized, and other stable currencies that can be created by organizations, which is where Cardanos Djed comes in. Disclaimer: These are the writers opinions and should not be considered investment advice. As the world of Web3 and the blockchain industry continues to grow and thrive, alternative networks like Solana, Avalanche, NEAR, and Cardano are gaining a lot of popularity and attention as leading-edge projects and DApps are being built out across these ecosystems. Was specifically after partnership list via the cardano site which could I guess be the Emurgo news pages but not quite the same. There are three key partners that play pivotal roles: The Cardano Foundation. And this growth is happening in the depths of a crypto winter to make it even more impressive. 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. Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. Together we can boost inclusive and sustainable economic growth. 6 Reasons Cardano is better than Ethereum: 01 Cardano is Dual layer, whereas Bitcoin and Ethereum are single layer . 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. There are many more partnerships with XLM than just these we've pointed out above. A decentralized team works across three independent entities to ensure that Cardano stays true to its purpose as we advance and evolve. In a new Ask-Me-Anything session on 17 January 2020, Cardano (ADA) founder Charles Hoskinson gave an insight into the plans for Cardano's further development. In July 2022, Cardano Led in Developer Activity. Disclaimer: I hold Cardano as part of my personal crypto investment strategy. The Essential Cardano list. Everyone can benefit, from those looking to trade, or those looking to be liquidity providers, all on a functional and user-friendly interface featuring a cool space cats theme. 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. It is the first blockchain network to be founded on peer-reviewed research and developed through evidence-based methods. Zimbabwe tells a similar story with interest rates of 45%. MinSwap has over double the TVL as the second largest DEX, and its dominance only appears to be growing. Cardano is an open-source Proof-of-Stake public blockchain platform. These active individuals drive adoption by going above and beyond their duties by offering timely, consistent and beneficial contributions to the project. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. There are better use cases for blockchain technology in my opinion, many of which are still being explored. 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. Revuto acts as a single central account that can pay all of a users subscriptions, but with the user retaining complete control over the payments. Building a better future by leveraging Cardanos blockchain technology and DeFi, Empowa is able to overcome systematic issues that have stifled economic and property growth in Africa, providing opportunities that were not attainable before. 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