Being in the top to cryptocurrencies list for quite some time now, Cardano (ADA) is one of the top crypto-coins today. Over a year ago, the blockchain project launched a development tool to ease the accessibility of ADA Dapps to its users.
The team behind Cardano has shown dexterity and hard work ever since the digital asset was introduced. Cardano is currently increasing the pace of its mass adoption as it is one of the favorite cryptocurrency today, and there are a number of good reasons behind that.
On Oct 1, IOHK (Input-Output Hong Kong) stated the release of RUST SDK. It has also launched Yoroi Wallet and Cryptocard before its MainNet goes live.
There are no doubts that these recent developments and projects by Cardano will mark a new beginning as these would increase the attraction of different FinTech companies towards the crypto around the world.
Cardano’s Rust SDK
Ever since the creation of Cardano (ADA), it is poised to foster the creation of Dapps. Cardano was created by IOHK which is owned by Charles Hoskinson, who is also the co-founder of Ethereum. It is important to know that Cardano also uses a peer-review system to help in the development of new projects on its platform.
Here is a quick video on our latest release, the Cardano CLI in Rust https://t.co/FCInjytaYB
— Charles Hoskinson (@IOHK_Charles) October 1, 2018
Cardano’s Rust SDK is a production of Mozilla. It is also an open-source library that works well with Haskell to help Dapps developers create Dapps on Cardano’s platform. This project gives developers lots of exciting options to create Dapps well-suited for mobile devices. Dapps developers who make use of Rust SDK will have much flexibility and efficiency while creating Dapps as it also offers data analyzing and block querying.
Cardano’s Yoroi Wallet
Another recent project by Cardano is the creation of a light-weight wallet known as Yoroi Wallet. The Yoroi Wallet is a secure wallet that helps to secure ADA tokens. The wallet also comes with low bandwidth use; it also functions like a Chrome extension.
Cardano just got another wallet. Try it out and let me know how it works for you https://t.co/WpygLMENKQ
— Charles Hoskinson (@IOHK_Charles) October 1, 2018
Cardano Enters the Cryptocurrency Debit Market by Launching Crypto-card
As part of its quest to remain a leading digital asset to reckon with, Cardano has decided to partner with Mataps to create prepaid crypto-cards for Cardano users to buy goods from stores in partnership with Cardano.
Thanks to the recent alliance, Cardano users can now have the opportunity to have plastic cards – just like ATM cards, to use their ADA tokens more easily.
Overall, these new strides by Cardano are superb developments, but more so, they haven’t affected the price of ADA positively in the market yet, since, at the time of publication, the price of ADA is still trading at $0.080 after seeing a decrease of 3.60% in the last 24 hours.
But the current dip might be because of market trends as almost all the top virtual coins are flirting with red at the moment. Indeed, only the time will tell how far Cardano goes, but the blockchain is undoubtedly making some good move lately. Way to go ADA.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.
NFTs are already being actively traded in markets globally. For…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has been…