The first Cardashift+ Launchpad Sundae Swap (a decentralized exchange) and Pavia, a Metaverse; Just that.
Many people have been following Cardano for a long time and we cannot hide the fact that it could be frustrating to wait for new applications. This is completely understandable and we too – at ZoneBitcoin – have felt a lot of impatience with ADA.
However, you should not run on ADA without doing research!
The founder Charles Hoskinson even made videos on YouTube a few weeks ago to warn us of the great awakening of Cardano (which was not sleeping, but was hard at work). He took the opportunity to remind us that far too many projects were released without having done in-depth work on the technology. Basically, he concluded by telling us that many projects did not have the “shoulders” for the challenges that are those of DeFi…
In short, it seems that 2022 will be the year of Cardano's awakening and the launch of the Cardashift launchpad is a very good signal.
Cardashift: Cardano’s launchpad
A launchpad is a platform in which investors can participate in new projects and then invest in advance of a new project. In general, the returns on investments are very attractive and this explains the success of this method for those who invest in cryptocurrencies.
That said, be careful, investing in IDO and launchpads are not a risk-free way to invest. You have to know how to resell (or be able to resell) at the right time or else take the risk of ending up with tokens that have lost value….
Cardashift wanted to differentiate itself from other launch platforms by offering complete support to entrepreneurs. In fact, for 6 months, entrepreneurs will be supported financially and also technically (tools, courses, mentoring, etc.).
The other great particularity of Cardashift is to subsequently offer a wide range of associated services such as a DEX, a suitable wallet and even a staking service for investors.
The $CLAP token will therefore be launched via an ICO, and this is happening directly on the Cardashift website. To buy one, you will need to have ADA of course.
You can buy ADA on most exchanges like Binance, Kucoin ou okEg.
SundaeSwap: A decentralized exchange (DEX)
So, this was the nice surprise that we had been waiting for (too?) a long time because we couldn't wait to use our ADA. A DEX on Cardano has finally been set up.
To connect to the platform, you will need a compatible wallet such as Nami for example, usable on chrome and brave.
Read our tutorial on SundaeSwap : A decentralized exchange (DEX)
Pavia: The first metaverse on Cardano
As the team writes on the site, the metaverse is still in its infancy and we can see this with the design in reality.
There are now more than 8 landowners on the metaverse Pavia.io and each plot of land is a Cardano NFT (cNFT).
For the moment, therefore, it is really investors who are on it because we cannot yet interact with the metaverse.
Finally, what we can say is that we shouldn't rush and see what it will look like in the long term.
ADA has a lot of haters (and fans of course) and we have to put things into perspective and not get into considerations that can be beyond us.
- Read our article on Cardanao (ADA) to know more.
Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.
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