Over 500 Projects Building on Cardano, Claims IOHK Director - OhNo WTF Crypto

Breaking News

Over 500 Projects Building on Cardano, Claims IOHK Director

#Ripple #XRP

Cardano’s network is reportedly attracting considerable interest, at least according to the Marketing and Communications Director of IOHK: Input Output.

  • Back in September 2021, Cardano went through one of the most important mainnet upgrades called Alonzo.
  • It was part of the development cycle of Cardano known as the Goguen era and the most important part of it was the integration of smart contracts.
  • Since then, the network went through other important upgrades and saw important developments being made.
  • One of them was the first scaling solution based on ZK Rollups – Orbis.
  • In any case, this has also led to a multitude of projects building on Cardano, according to IOHK’s Marketing and Communications Director, Tim Harrison.
  • In a LinkedIn post on March 11th, he said:

The Cardano ecosystem ontinues to grow, with now over 500 projects building on Cardano – from NFT ollections to DeFi lending and new wallets. Props to all the IOG team that continues to drive the platform forward. It has been a remarkable journey to get to here. And kudos to the innovatve, passionate community of builders that has brought this project so far. We’re really just getting started, you know.

  • Harrison also attached a pie graph of the purported projects and where they are focused, showing that NFT collections account for the lion’s share.
img1
Source: LinkedIn


OhNoRipple via https://www.ohnocrypto.com/ @George Georgiev, @Khareem Sudlow