Saturday, April 10, 2021

Cardano (ADA) Ecosystem Map Consisting Over 150 World-Class Organizations Displayed

IOG, the software firm behind Cardano blockchain, has recently shared a map with the title “Cardano Ecosystem”, containing names and logos of various organizations working with the firm to make the development of the emerging smart contract platform a reality.

According to IOG, the organizations that are supporting Cardano (ADA) from different parts of the world are currently more than 150. And the firm is still passionate about getting more organizations to support the cause of Cardano (ADA).

Read Also: Cardano Is Working On a Decentralized Social Media Initiative –Hoskinson Tells Jack Dorsey

The software firm also reassured that smart contracts will soon launch on the Cardano blockchain.

IOG tweeted, “To create world-changing technology you need world-class partners and collaborators. That’s why we’re busy building an ecosystem that already consists of 150+ organizations from across the globe. Smart contracts are coming and the Cardano universe is expanding fast to meet them.”

Meanwhile, the CEO of IOG, Charles Hoskinson, who is the creator of Cardano (ADA), also took to Twitter a couple of days ago to display a Cardano Ecosystem map that’s similar to the one recently shared above by IOG.

Read Also: Charles Hoskinson Launches His Own Cardano (ADA) Staking Pool Called RATS Pool

He shared this map back then to silence the critics that are tagging the cryptographic project as a Ghost Chain.

The map has titles such as Enterprise and Business, Developers Tools, Research, and infrastructure with a number of legitimate organizations under each of them.

Charles Hoskinson tweeted, “Hey Ghost Chain carnival barkers, I ran out of space for my picture. I guess I need a bigger one.”

Regardless of critics that continue to play down the fame currently enjoyed by Cardano (ADA) among investors and traders, the team at IOG keeps striving to fully establish the smart contract platform to challenge the existing systems, especially Ethereum and to also impress the community of members that have been behind them all this while.

Read Also: Mike Novogratz of Galaxy Digital Asks Questions about Cardano Use Cases. Is He Considering Buying ADA?

Meanwhile, Cardano (ADA), the fifth-largest digital currency by market cap, has started to recover from the huge market dump led by the flagship cryptocurrency, Bitcoin (BTC).

At the time of filing this report, ADA is trading at $1.12, with a relatively 4% price upsurge in the last 24 hours.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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