If you’ve become interested in cryptocurrencies, you’ve likely had to wade into the depths of the markets seeking out those coins and or tokens which might become, “the next big thing”. While investing is an unsure endeavor, at the best of times, there is, nonetheless, a great deal of opportunity to see some real upside in these emerging markets.
So, in the interest of sharing some of the research I have done, I thought that I might share one of these cryptocurrency projects, which I’ve been looking into. This project is called "Cardano", and it’s “currency” token, called, “ADA”. It is, currently, 5th in overall market cap, according to Coinmarketcap at the time of this writing.
This project is, perhaps, the most thorough and detailed currently under development in the cryptocurrency space. While it is working on its code base, partnerships, etc., they are also taking great pains to back their blockchain and token planning with high level international cooperation with governments, universities and a system of peer review for their software development, and the technical, market, and social implications of their strategy.
In short, they are building, what I, in my humble opinion, find to be the firmest foundation for any token in the space currently. I think that this painstaking preparation, and the foresight of the project’s leader, Charles Hoskinson (a former co-founder of Etherium) place them uniquely to be one of the projects with a real potential for leverage in real markets. They are working to solve some of the most challenging issues facing the near future of cryptos, and link those solutions to real world use cases. And, while they are open about the ADA token's value not being their primary concern, with their clear trajectory of development, this value is very likely to express itself.
So, I just thought I would take a moment to introduce you to this project, if you have been unaware of it, as I feel it really will be a significant player. Also, it is available at a, relative, pittance at the time of this writing, in the following markets.
If you’re not “sold” on Cardano, just take note and keep an eye on it going forward. I feel you will come to see its value objectively as the space develops.
If you’re interested in taking a, very, “deep dive” into the details, have a look at this, quite long, but fascinating, interview with Mr. Hoskinson, to learn all you could want to know:
While this should not be construed as financial advice, I hope that this has given you enough information to pique your interest in Cardano and ADA. There is a good opportunity to get involved in a solid, forward looking blockchain, and cryptocurrency project, from which I think we could all benefit greatly.
Best,
Promet