Meme coins have found their use in the #Cardano ecosystem. The more meme coins, the more $ADA will be in the treasury.
It’s definitely been a ride. Up next is defi explosion on Cardano and NFT projects turning into successful real world business with income & a growing treasury.
#Cardano
In the future there's going to be reputable honest global institutions that want to utilize a trustworthy decentralized secure blockchain network that's built for the demands globalization, the inevitable publicization will slingshot $ADA's price into the stratosphere🚀
Cardano has more functionality, better security, and is more decentralized than Ethereum & Bitcoin combined! With $ADA being the most scarce asset on the planet & the obvious technological lead, Cardano will become the Decentralized infrastructure of Planet Earth!🌐👑
Cardano is the only multiasset ledger. It means you can send multiple NFTs and assets in a single transaction (hundreds or thousands depending on size). It means you don't need 200k Txs to move 200k assets, that's why Cardano wouldn't be congested. Superior design.
A few days ago I paid 45$ in gas for a simple swap on #ETH 😬
Today I discovered that #Cardano has smart contracts, dexes, NFTs & even memecoins👀
I downloaded @NamiWallet went to @MinswapDEX & swapped $ada for $SNEK (hyped memecoin🐍)
Total gas fee: less than 1$🤯
WMT and MELD building over to other chains and on other chains while STILL building on Cardano.
$100 one transaction? That makes DCA and use Bitcoin as store of value ridiculous expensive.
I am glad #Cardano has a solution with deterministic fee structure and Babel fees.
The good news is that quality projects on Cardano do not necessarily need to be “companies” in the traditional VC sense. Rather, they can instead be a set(s) of smart contracts that power, say, a ledger-wide DeFi protocol. A lot cheaper to maintain/manage than a whole company.
Seen quite a few people outside of Cardano inquiring about it, I’m guessing some people went ahead made a wallet and now have exposure to Cardano. From there they will prob explore nfts/defi etc so I don’t think it’s a terrible thing
The most beautiful thing about #cardano is that despite all the hate it received and the damn bear markets, it focused on continuing to build and improve the vision was clear.
Critics of Cardano believe that its value is solely derived from its technological capabilities such as the number of dapps launched, TVL & how it compares to other platforms. I believe that the real value of Cardano lies in its community & how we collectively support each other.
Why did so many "blockchains" prioritize #scalability over #decentralization? What was their aim? To create web 2.5? Even VISA can scale!
I am here in #Crypto for only #decentralization! In the end, I would be very happy to be part of something that achieves reasonable &…
Cardano is an open platform that seeks to provide economic identity to the billions who lack it by providing decentralized applications to manage identity, value and governance 🇺🇦👊
iog be making some moves in the east now that you mention it. didnt charles say something about that when he recently went? im sure something's cooking for cardano over there.
GM ☀️ 🦎
It’s been 2 years in the cardano nft space for me! It started with minting this pet from @claymates , the rest is history! We’ve come a long way from discord trading to finally having smart contract, marketplace, dex, etc. Glad to still be here, let’s keep growing! 🌱
These 4 developments in the @Cardano ecosystem could change everything 🔥
And, with a whopping 150% increase in TVL in Q1, things are looking pretty positive...
Let’s dive in 🧵
Current staking emissions that help secure Cardano are ~$280m a year. If ADA goes to $10, the treasury will be worth ~$11.5bn meaning that even if emissions are depleted, as long we invest the treasury for an ROI of 2.4% a year (or a quarter of it for 10%), the network is secured
#Cardano's Scaling Plans Vs Execution Sharding
After Justin Bons' thread about sharding chains, I had a moment where I considered selling half my $ADA for sharding-centric coins like $ELGD and $NEAR.
Here's why I ultimately decided not to
🧵
Cardano is a solution to the problems that plagued its predecessors. It has a layered architecture, proof-of-stake algorithm, and focus on research, Cardano is a more energy-efficient, secure, and decentralized alternative to Bitcoin.
Legacy banks are failing big time
We are so lucky we now have #Cardano ₳
#Cardano is the most actively built blockchain in the world 🌎
#Сardano - the Most Active Blockchain in The World🥳
Over 100 commits submitted daily.🧑💻
Cardano is Developing and Growing FASTER than Ethereum, Bitcoin, and BSC combined🤯
👇🧵
$ADA has the highest cumulative code commits.
What are they building over there?
If only there was a chain that was different. BTW yesterday I minted 8 NFTs on #Cardano for less than 1usd Sure I could have done all 8 in one transaction for $3, but I choose to spread them out. Also the cost is determined before you sign. And you don't pay for failed trx
#Cardano's self custody liquid staking is unique and innovative.
Blockchains attempt to emulate it with derivatives.
You give up custody of your coin for a promissory token.
The cute branding distracts you from long ToS and multiple risk disclosures.
Self-Custody is 👑
That is why I love Cardano & WMT! the ADA and WMT tokens are not leaving my wallet!!! I don't need to worry about the interest! It is compounding every 5 days for ADA and 1 month for WMT!