Friday, August 23, 2019

Cardano is a sleping giant that hasn’t wake up yet


Cardano is a sleping giant that hasn’t wake up yet | In the cryptocurrency industry (or in any industry for that matter) there are 2 ways in which a project can go about marketing their product. I guess you could say both way’s work but there very different opinion’s on which method should be used.

One way is the super flashy and noisy way that involve huge spectacles with lot’s of money. A great example of a flashy marketing method is the tactic used by Justin Sun to market his Tron project. Sun use mystique, grandiose and hype’s to bring awareness to his project in the hopes to drive price higher.

Before we get through on it, im a little bit curious on this thing. Did you know What’s happen to LIBRA cryptocurrency coin in Crypto’s World ?

However, many people believe that marketing methods like this are very controversial, especially when they do not play out quite as expected such as the time he wanted to award a winner with a Tesla or the time he teased that there was an upcoming deal with Liverpool FC.

Cardano is a sleping giant that hasn’t wake up yet

A twisted and different story for this gigantic giant project called Cardano. It prefer the more quiet type of marketing in the hopes to spread education and let their technology speak for themselves. The team over at Cardano prefer to use a more humble method of marketing which is much in-line with their ethos of peer-reviewed research.

There are no big lights or flashy car’s or a pile of dollar in the background when Cardano start’s to market itself and this, in turn, brings a very different kind of investor to the project. We all know that money likes silence and Cardano is one of the quietest teams out there which helps to attract investors that are much more patient and are not looking for a quick turnaround in profit.

What is Cardano on cryptocurrency world perspective ?


Cardano is home to the Ada cryptocurrency, which can be used to send and receive digital fund’s. This digital cash represent’s the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography.

Hell NO!. So, what is Cardano ?

Cardano is more than just a cryptocurrency, however, it is a technological platform that will be capable of running financial applications currently used every day by individuals, organisation’s and government’s all around the world. The platform is being constructed in layers, which give the system the flexibility to be more easily maintained and allow for upgrades by way of soft fork’s.

After the settlement layer that will run Ada is complete, a separate computing layer will be built to handle smart contract’s, the digital legal agreements that will underpin future commerce and business. Cardano will also run decentralised applications, or dapps, services not controlled by any single party but instead operate on a blockchain.

Cardano cryptocurrency coin

This is the first blockchain project to be developed from a scientific philosophy, and the only one to be designed and built by a global team of leading academics and engineers. It is essential that the technology is secure, flexible and scalable for use by many millions of users. Consequently, considerable thought and care from some of the leading experts in their fields has been devoted to the project and informed design decisions.

The scientific rigour applied to mission-critical systems such as aerospace and banking has been brought to the field of cryptocurrencies, with a high assurance implementation. We believe this is the first time that this has been done.

A major innovation of Cardano is that it will balance the needs of users with those of regulators, and in doing so combine privacy with regulation. The vision for Cardano is that its new style of regulated computing will bring greater financial inclusion by providing open access for all to fair financial services. Thats Cardano guys...

Cardano is a slowpoke cryptocurrency that needs to start rushing faster


According to Reddit user DamonAndTheSea, Cardano had managed to raise around 100,000 BTC during their fundraising - no small number of Bitcoin. Furthermore, according to Charles Hoskinson, they managed to sell the majority of their funds at the top of the market. So extrapolating the maths, he believes that the team should have a MINIMUM of around $300,000,000 if they sold their coins at an average of around $3,000 per Bitcoin. In reality, it probably is MUCH higher than this conservative amount.

Cardano is a slowpoke cryptocurrency that needs to start rushing faster

This means that the team has money to keep coding like this for pretty much decades. They will be able to sustain themselves and even grow for a very long time before the project will need to look for incoming revenue.

Did you own any cryptocurrency wallet ? Take a look on this crypto talks here on Crypto Wallet - How to choose one that suits you

Conclusion on this gigantic giant called Cardano


The Cardano project is really chugging along at its own speed. It has no need to speed up development to get a product out to create revenue. Instead, they can continue along their trajectory of creating high-assured code that is research-based and peer-reviewed.

If the team can continue to work as consistently as they have been doing we can expect Cardano to continue to slowly grind higher. Furthermore, with the amount of money that they must still have to deploy and the leadership provided Hoskinson, we can expect this project to hit the top10 in 2020 and POSSIBLY even the top 5.

What do you guys think ? Is it true that Cardano is a sleping giant that hasn’t wake up yet ?.
Show comments
Hide comments

0 comments:

Post a Comment


Top