Understanding Cardano, IOHK, and EMURGO

Cardano is the first decentralized public blockchain platform that developed on a research-first driven approach. Charles Hoskinson, the co-founder of Ethereum, created it in 2015 and later launched it in 2017. It comprises a development team of global researchers and engineers. This platform's development continued thanks to academics and computer scientists and their peer-reviewed papers. The Cardano ecosystem involves three founding entities that work together. These partners are EMURGO, IOHK Company, and The Cardano Foundation. Cardano in a Nutshell Cardano…

Kick.io’s Cardano-Based IDO Launchpad Goes Live Today

Kick.io, a crypto fundraising platform, has announced the release of its IDO launchpad. The project accelerator will enable the Cardano community to raise funds for high-value projects. In a press release yesterday, the firm confirmed that the service would go live on October 1st 2021. It went on to invite community members to invest in unicorn-level projects. Members can do so by taking advantage of early investor privileges. Kick.io is looking to be the go-to platform for funding Cardano-Based projects…

TA: ADA Looks Ready for a Major Run

The Cardano (ADA) blockchain has been in the minds of many crypto investors recently. This is thanks to the successful launch of its Alonzo blockchain. Now that Alonzo is live and ready to roll, Cardano's developers - Input Output Hong Kong (IOHK) and the Cardano Foundation have been making significant moves to boost its profile. These efforts are starting to yield fruit, much to the benefit of ADA investors. A Background to the Alonzo Upgrade Alonzo is central to Cardano's…

Emurgo Dedicates $100M to Fund DeFi and NFTs on The Cardano Ecosystem

Emurgo took to their official Twitter account on the 26th of Sep 2021 to confirm the announcement that they are ready to invest $100M in the Cardano ecosystem. Emurgo had made this announcement at the Cardano Summit. Cardano ‘Stretches’ to Support DeFi, NFTs, and Blockchain Education On the 26th of Sep 2021, Emurgo, the commercial of crypto giant Cardano, took to its official Twitter account to confirm that it intends to invest $100M in Cardano’s Ecosystem. The vast funding will support the development of DeFi and NFTs on Cardano’s…

COTI to Roll Out its Djed Stablecoin on Cardano Blockchain

On the 26th of Sep 2021, COTI took to their official Twitter account to announce that they will be rolling out a stablecoin on Cardano's chain. Cardano to Host its First Stablecoin As per Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI group, Cardano will receive its first-ever stablecoin from COTI. The stablecoin goes by the name Djed. The duo relayed this message at the Cardano Summit stage in Laramie, Wyoming, on Sunday. Shahaf said that Djed has…

BTC Treads Around the $50K Barrier as ETH Follows Course Hitting $3.3k

Bitcoin recently made a bullish statement as it breakout past $50k, while ETH also broke out past its resistance level at $3.3K. The two coins seem to be eyeing new ATHs surpassing the analysts' prediction of $100k and $20 for Bitcoin and Ethereum, respectively. Most of the other coins are also benefiting vastly from bitcoin's bullish trend.  BTC on an Upsurge On Monday, 23rd August, Bitcoin made a bullish statement when it went past its long-term resistance of $50k for…

Understanding Cardano’s Non-Interactive Proofs of Proof-of-Work

Cardano, the fifth-largest cryptocurrency by market cap and soon to be the second-largest Dapp center, is one of the unique blockchain technologies of 2021. In addition, Cardano has a native coin named Ada, performing very well in the crypto markets.  However, Cardano as a network adopted a sidechain system, where the network runs two blockchains. The original blockchain, the Cardano settlement layer(CSL), deals specifically with powering the Ada currency and other settlements done with Ada. It leverages POS to release…

Promising Cryptocurrencies Investors Should Consider in 2021

What asset should I Invest in this year? The above question troubles every investor at some point in their investment life. It's the desire of an investor to put their money in assets that have excellent returns and the best prospects. However, in a financial world with many investment options, it could be hard to select the type of investment and precisely the asset to work with. Primarily, a crypto investor wants to find a sustainable asset performing well in…

Hoskinson Says Cardano’s Alonzo HardFork Can Enable Users to Run Smart Contracts

Cardano (ADA) users will run smart contracts on the network once the Blockchain completes its Alonzo Hardfork. That is according to Charles Hoskinson ADA's founder. Mr. Hoskinson revealed the news through a YouTube live stream.  The announcement paves the way for Cardano to enter the Smart Contract sector, challenging Ethereum's supremacy in the space. It will come as welcome news for ADA holders and neutrals who've been looking for alternatives besides the Ethereum Network(ETH). A significant gripe against ETH has…

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