Cardano Chat (ADA)

Hopefully Sec approves it and a big rise in the offing.

Unsure if anyone else is present... LSE board not great for Crypto

Cardano projects building out nicely. Shame I don't have any more cash to inject, would really like to increase holdings in GENSX, GENS, MIN, NMKR, WMT, etc

@Cooper: Gutted I never bought MILK after raising last year. It's gone around 4,500% :( Only have small holdings, but anticipating several of these to at least 10x in the next bull run

Interesting, interesting... ADA looks like it's trying to break out of depending pattern formed since last October on the daily chart. A daily close above the 20MA (daily) would be taken as a high possibility of a strong bounce. A weekly close at $0.5+ would also suggest good bounce incoming. I'd expect initial resistance around 50 cents, with that being where the 50 day MA is heading down towards. Assuming that breaks, 65-70cents this month looks v likely. That being the depending 100 day MA, previous peak high, and depending 20 weekly MA

If it were simply down to technicals, this looks positive

Unfortunately, high chance this will be short lived. Until recession fears are calmed and wider markets stabilise, we could still be in for a rough ride. Let's see. Excellent time to observe with a bag, yet have a little extra cash available just in case

Again, technical call out for BTC at 21/22k achieved, with a dip actually slightly below the level that quickly got bought into. Good probability for the lows to now be cemented and used as base. Difficult to say for sure.

Cardano performed better than it could have. Rather than a further dip like other coins, ADA appears to have formed a double bottom and is beginning to signal a trend reversal. Certainly not out of the woods. Expect turbulence

I was considering a significant top up to around 100k ADA if we went to sub 30 cents. Doesn't look like that will happen now ... unless things unexpectedly continue to deteriorate. For now, I personally anticipate quite wild fluctuations with rapid climbs followed by some steep drops. Adding at sub 50 cents may be as good as can get. Personally not going to go all in as things can always turn. I've sufficient in here to be happy wherever this lands in a few years time. That way, still reserving a few pennies should the unexpected happen and op for lower price materialises.

All the best to hodlers, long and new. Cardano is just getting started and looking forward to the next bull run, whenever that will be

I quote my post from 11th April:

"For the near term, I'm personally anticipating a further drop to around $0.5 (weekly 200MA). Bitcoin is obviously dropping down towards either support around 30k, its 200MA weekly or 50MA monthly. ADA will drop with it me thinks"

Despite the headlines, this was obvious

Interesting to see what happens from here. BTC does have potential to drop to 26k (the 61.8 fib) or 21/22k which would be the 76fib, 50 MA monthly support, near previous ATH support AND the critical juncture where big players like MicroStrategy will be seriously adding to avoid crippling scenario... Classically trading comes in 3 candlestick formations, so further lows this month quite possible, with a bottom next month. Let's see

What this means for Cardano? Hoskinsons comment on bear market the other day didn't help the immediate term. Maybe stabilisation and rise in June with the next update?

If we get down to 30 cents again, I will be buying more for sure. Let's see

Thanks a lot JTS! Appreciate your thoughts here :-)

Hi Bobbie, Sundaeswap launch appears to have been very poorly managed. The delays were expected and coin price was always going to drop after the hype the project had received, but the public fallout around the launch was terrible for the project. Minswap has since come on scene and already attracted significantly more attention + trading volume (a key metric to look into is 'TVL'). Ultimately it's all new, so platform performance will be highly volatile over the next 6-12 months. Apparently there're around 500 projects being developed at the moment, with several hundred of them expecting to release mid-summer when the next major update comes out.

Just personal opinion, but I wouldn't expect big returns from Sundae or Min. If you take a look at the equivalent of their market cap upon full dilution, Sundae is almost $0.4bn and Min is about $0.9bn... Given that Uniswap is a beast in comparison and just $6.5bn, Cardanos DEXs are either priced at future usage 1+ year from now, or they are vulnerable to further decline.

The nature of cardano's ISPO presents a drop on ADA price, but also a volatile entrance to market for any new project as many holders ditch at first opportunity. It's a safer model/approach, and probably better for a multi-year long term outlook, but not amazing for price performance in the short (i.e. few months) window.

I'm quite intrigued by the metaverse space. Cardano has several projects who've come out but not fully launched yet. People who bought early are selling out of boredom, but this is a space that will likely go through revolutionary change / growth in the next 6 months...

Ultimately, we are still near the beginning of everything. Therefore there are lots of op's to have, but I'd be weary of buying into things that are priced ~half a billion dollars when they have only just launched

I see Sundaeswap has now dropped below $0.2……looking for an entry point. Do we think this will recover after a rocky start since launch or are/will there be other better DEXs on the Cardano platform? TIA for your views. BD

@Milkytray, a FTSE trading platform would be a massive boost. It would push crypto more into mainstream investment decision making, and make it considerably more accessible to your average Joe who is weary of high entrance fees. Whilst already legitimate, it would bring a major correction to image in the mainstream also, another plus

On another note, I think big investors have been driving ADA down for a while. It was having 10s of billions in $s transaction per day, far exceeding Bitcoin & ETH combined. Yet average trade was around $40k. That's II activity! Assume it was the recently launched funds driving things down to get their entrance

For the near term, I'm personally anticipating a further drop to around $0.5 (weekly 200MA). Bitcoin is obviously dropping down towards either support around 30k, its 200MA weekly or 50MA monthly. ADA will drop with it me thinks

Would love to be wrong. Not selling anything cause long term is golden regardless, but I'm not putting in any new cash until charts appear oversold on the monthly

pardon my ignorance , but the ftse trading platform , that will include alternative cryptos, so will that not move people away from the existing cryto's?

i was hoping you could plz tell me: i currently have all my ADA delegated to one pool via yoroi. i want to create several wallets (which i can do) but im unsure of the consequences with regard to undelegating. as i have only one wallet currently, i need to undelegate to distribute my ada across different pools. i had to wait 4 epochs before i got rewards when i first delegated, does that mean i have to start all over again i.e do i lose reward continuity or does it recognise the time i had staked , so as i will redelegate instantly, the lost staking time will be negligible. also, im nervous about the sundaeswap token drop... firstly, when was the snapshot date and if i move my ada now, will that affect my sundaeswap allocation. cheers

Hey Cooper, I'm expecting there to be quite a few spikes / FUD around several of the launches. For example, Sundaeswap has so much attention, that it will likely launch with a market cap equivalent of a few $billion. Thing is, there'll be so few plays about for the next couple of months that transaction volumes on the exchange are unlikely going to merit the initially high price. Quite likely to have a chance to buy in cheaper late Feb / early Mar I'd expect (I also see BTC dropping this month to give the classic '3 candle' signal prior to a bounce). Similar thing with WMT with a market cap of around $1bn even AFTER the drop. LIQWID is currently trading for $26, giving it a market cap of around $0.7bn which'd make it top 125 cryptos globally, even though it's not officially launched... Could you imagine what these would be valued at on conventional markets?
May be wise to remain picky amidst the hype ... could be wrong though. Who knows

JT forgot to mention. You might already know but sundeswap announced it's ISPO partners so if you stake your ada with one of them you get SS tokens. They just completed their security audit and are getting ready to rock n roll. I'm staking my ada and will be looking to buy too once the Dex launches

JT

Hit or a miss I guess with Muesli swap but save your money for sundaeswap. I think that runs away as the number 1 Dex on cardano.

One other one (@liqwidfinance) which will be huge but more of a lender than a Dex although they have links to sundaeswap via some sort of tie up which I've not looked into. I'd defo be looking to get in the action if possible.

WMT launched at $1.25 and fell down to 45c due to shenanigans from the CEX executing order before there was any liquidity. Got bumped out of a 500% rise from the TGE but still sitting on $30k profit but should have been $105k profit. It will turn round though in the new year. The corruption in the space is unreal but it's the risks we take for the reward.

Hm... well, already up over 200% now

Oh well

JT

Yeah it's clunky as hell still and that's with the amount of mass adoption. Best using coinbase for fiat to crypto. Google apparently done a deal with coinbase and bitpay to allow users to hold crypto with Google cards. If this does indeed happen it will be another huge leap forth.

Sundaeswap launches tonight.

Wmt now doing well 85c so 350% up from my initial stake of 100k tokens @ 20c plus I have 20k rewards built up now on top but can't access 18k of them till April.

Meld will launch on 31st of Jan which I have 100k and one Diamond hands NFT and one Bank manager NFT which gives you additional % value when using the platform. This actually makes the NFT rather valuable, I hope to see them fly.

Think I mentioned Yeildly finance to you before on the algo chain? I have 2.1 mill of them and they have now launched on a separate chain as a separate business and tried to pretend it will be good for investors. It's not good for investors as I've gone from $50k down to $30k but all is not lost. They still continue on both chains and the roadmaps are still being fulfilled at this point but I imagine soon a choice will be made and we will get bumped. I will hold for the next pump and then out lol risky business I know.

Just bought into a new IDO on Algo chain called Zone...gaming crypto with big potential. IDO goes live at 3pm today and it's first come first serve. I'm chucking $5k = 3500 algo as that's the maximum you can get. Could be a good project and worth having a look.

Still got my ada and my algo and hoping for a big pump between now and through spring

Hope you're making money and winning. it's a bloody roller coaster!!!

Have tried to purchase some crypto from fiat for first time in about a year... it is unbelievably difficult! Tried 4 exchanges. Bank has blocked them all! Ended up using the direct purchase function offered on Yoroi via Changelly. ~10% fees to buy some ADA. Crazy!

Besides the frustration, it does make one think.... Crypto has performed so well during 2021 despite all of the * thrown at it by the traditional financial sector + policy makers. Once ease of use is genuinely available, just imagine how huge this is going to be

I’ve been snapping ADA up from $1.73 down to present levels, might see a <$1, considering what’s in the pipe line hold and reap the rewards first target $10 .

https://cryptoslate.com/press-releases/3air-to-use-the-cardano-network-to-enhance-africas-telecommunications-systems/amp/

If you buy cardano. Take it of the exchange and stake it in your wallet. It's better than trusting an exchange with your crypto. If you Hold it in the official cardano Daedalus wallet and stake it in one of the stake pools you will automatically accrue rewards at a rate of about 5.5% which is paid out every Epoch (5 days)

Am I right in thinking that if I buy Cardano through an exchange like CB and keep my investment in the online wallet I will over time accumulate more Cardana due to it being POS and not POW?

Is this the last dip before MOOOOON!?

I hope so lol

I think things about to motor but lets see.

That would be great news..Alts. about time.
Ada will fly once Dapps & Defi operational on the block chain..next few months. GLA

Alts about go for the moon but it could be mid November before the really blow off

who cares right? we know it's coming :)

atb

Morning
BTC is 63k, Alts due to follow... when will this start. Hopefully soon. GLA

Hey JT,

Sorry for the late reply. Time flies when you're staring at a screen haha.

Yeah, done well with that and got in on some other good projects.

Never got any further with the NFT project. Might revisit after the year.

Looks like BTC all time high today and alts taking a bashing. Once we hit $67k BTC we might see some consolidation and alts can rip :)

EasyM

I got 100k $WMTin the presale. Still waiting on tokens but they should arrive this week. Lot of talk about them going 20x quite quick but you never really know what will happen. I think I'll be ok with them though.

Totally Agree with WMT Will skyrocket once available to the public. Once Americans and Canadians jump in. Huge gains to come I WILL BE BUYING ASAP keeping long term. :)

Thanks for that cooperD
I am new to crypto so spend alot of time recently researching. Hopefully you are correct.
Have to say i have made more money here in a short space of time than i have on my shares, not been very lucky with those over the years and wish i had got into this sooner. Not a big holder and have more matic than cardano which i am staking on binance.

Zoggs,

It's not a problem, the shorts will get burned due to liquidity issues. So many projects to list on Cardano mid September that will need liquidity. 72% of all cardano is staked and not in circulation. That leaves a small supply for liquidity. Mid September it will go parabolic imo.

I see the shorters are back with all their very small sells to drive the price back down again. look for the 1 to five dollar sells it happened alot yesterday i noticed. Just watch the trades and you will see them.
I researched shorting cardano yesterday and was amazed there were over 3 million coins available to borrow for shorting purposes. Just to let you know i have been here a while and doing ok and would never short anything. It should be made illegal as far as i am concerned. I hope this goes $5 to $10 and beyond and the shorters get burned to hell.

Crypto Bull run expected mid Sept 21 onwards..4 year cycle in play..GLA

Moving north a bit today ..wait until Smart contracts date gets closer..GLA

I have been buying for last 2 weeks. Should be worth 4 to 5 USD in next month or 2. Cardano will be a great Blockchain..lots of business waiting to get onto Cardano.. Blockchain. GLA

Yorks

Got to at least double up from her. Looking great though and so much more to come in September.

Moving north a bit today ..wait until Smart contracts date gets closer..GLA

and we are just getting started :)

Hi All- new here.
Smart contracts are coming- Cardano is a decent business & progressing, still early days- but should do well- fingers crossed.
I'm investing & holding for a few years.. .Cardano looks good. GLA

Hi All- new here.
Smart contracts are coming- Cardano is a decent business & progressing, still early days- but should do well- fingers crossed.
I'm investing & holding for a few years.. .Cardano looks good. GLA

JT

Greyscale is only getting started I think. Those figures will rise over the coming months imo.

Heads up for a ground floor play. Meld have started a ISPO from now till the 8th of December. They will essentially be the first crypto bank on Cardano providing loans etc. I'm staking my ADA and will get 2.08 Meld for every ADA staked with them. It's more or less a free shot at a new revolutionary play what could blow up and do 100 x. I had wanted to go with sundaeswap but they delayed their ISPO.

Meld only started on 1st of July so it's early doors. Well worth getting in on it. https://medium.com/meld-labs

https://www.globenewswire.com/news-release/2021/07/02/2257158/0/en/Grayscale-Digital-Large-Cap-Fund-Announces-Quarterly-Rebalancing-of-Fund.html

4.26% of portfolio in ADA... That's some major buying in the past month! And that was just one fund

All good here too Cooper. Agreed that there's a lot of amateur retail investors here getting phased out + folks on leveraged getting smashed. I view this as a healthy correction, just a bit more heart wrenching than some earlier ones, largely because of the degree of emotion + leverage invested.

As you say, lots of significant breakthroughs and crypto is clearly here to stay now.

Could be healthy for this to go through a pro-longed consolidation, similar as gold + silver during the past 9 months or so. Although ideally we'll just do that within equal number of weeks rather than months. Ready to launch just in time for smart contracts and all that comes afterwards :)

ADA dropped to that first resistance I was talking about (the 200MA), although it took longer than anticipated so the 200MA had risen since my post. I'd like a month or two for the weekly to catch up to a dollar or so too. These lagging indicators are always there inviting shorters, so consolidation is healthy to build supports

I think it's interesting looking at the performance. See ETH, it's just bounced ~10% from its low, where ADA has bounced a good 30%+. There is still a very large following here just waiting to pick up more

Whilst we remain at the whim of wider crypto market sentiment, I do expect ADA to gain against it's peers throughout the remainder of this year.

Glad I've not invested any money that I may need any time soon. Sorry for those that don't think things through properly

JT

Been away for the last two weeks. Well earned time out.

Yeah, big correction and now looking like we are at a crossroads. My timeline still points to September /October and if we don't start moving up by then I thinks it's safe to say we are in a crypto winter till 2024.

I Think the market will push on from here though. To many instis snapping up all the retail investors weak hands.

Smart contracts for Cardano will be here soon so that will ensure we keep going in the right direction even if the market drops.

Still holding my 50k Ada and I have acquired 27k Algo @ 96c

And so the drop has begun

What does this mean for ADA? There's support at $0.9, otherwise potentially even going as far as the 50week Ma which would be heading down close to $0.6. Can't see it heading down there again personally, but it's not completely out of the question

PWC released a report on institutional activity in crypto. It suggests that high frequency trading activity may help to stablise ETH within the environment... I'm just glad that i don't need this money any time soon and went in here with a multi-year horizon. Feel sorry for people who've joined in here within the past month or two. Very painful

BTC charts looking quite weak to me. See a drop to monthly support (around 23k) coming. ADA has a lot going for it, but see it being pulled down by wider sentiment

Let's hope I'm wrong. Was correct on BTC and ETH last time, but hadn't expected the drop to pull down ADA so hard along with them... lesson learnt

Won't sell anything, but if this does drop to a dollar or less again, will definitely be adding in whatever change I can find. See this all as a temporary set back within otherwise bullish backdrop. Sucks when it happens though

Hi folks. Haven't been on here for a couple of weeks because platform was continuously down for a while there. Seems to be working today which is pleasant surprise

@Mitchell, think the extent of the drop surprised us all. I saw the retracement back to $2s because the 4hrly chart of well overbought and all indicators were pointing to a consolidation. However, the wider crypto market + bitcoin selloff put the sell off on steroids and I think this even hit close to a $1 for a moment. A bit of a joke really. Heard that Charles was pretty ticked off by it all. Went on a bit of a rant about how market disregards all progress and development and follows bitcoin + twittersphere over fundamentals. One day ADA will decouple from the market - but not likely until next updates are complete. So another few months at least I recon. Decided to buy another couple of grands worth this week. Wasn't intentional - just couldn't resist it

@Cooper, trust that things are going well with you

Well, my nice surprise turned into a bit of a shocker, but I’m still really positive about Cardano.
The market is really unpredictable at the moment but I’m confident that by the end of the summer this price will be a distant memory.

Kind regards.

Every time I come here to post the board is down for some kind of maintenance.

OK, well. Not much to report of late other than I still have my 50k ADA. Should have sold the lot the other week but that's hindsight. Not to bothered as I really want my sundae tokens from the staking of the ADA and that starts on June 1st.

I sank another £20k back in and this time I got back in to Algo at 96c

How things go from here all depends if this market is now exhausted or paused fro breath. I do think there is more upside due to the fact that so many institutions are now involved and guys like Ray Dallio now claiming to own bitcoin. Also on the last dip a lot of instis bought cardano and it was the most bought coin in crypto outwith BTC.

Hope you're all still hanging in there...if not I hope you got some good profits.

Jt,

Yeah the fees for selling are terrible. £5k coinbase took for selling. I know £350k is a decent chunk but that was just daylight robbery.

With regards to sundeswap I was thinking if you can mage to get between 5 and 10k of they're tokens which would be about 3 months staking rewards if it does what some other platforms have done you could easily make a killing for almost no investment other than the free staking rewards.

Might be a good idea if we keep our ears to the ground regarding sundaeswap and if it all appears above board start staking on the 25th of May. I want 10k of they tokens and see how it goes.

Hey Cooper, yeh, actually have a side business already and doing that. Great minds think alike. But yeh, thinking for myself stepping back in the not too distant future

Hm, hadn't made that distinction before. That's worth looking into a bit more closely perhaps

Main reason why I don't trade crypto is cause the gas fees are so high. The pull back from $2.5 was fairly predictable, but this is getting stung more than anticipated. I guess it's just being a victim of wider market movement. Very few cryptos haven't lost 20% or more in the past week. Worse coming I think.... but it'll cost a couple of grand just to sell things off which is ridiculous. I'll be very happy once transaction fees settle into something reasonable. Come on Cardano! :D

Hey JT,

yeah, great Idea, you should defo do it. I do it with my existing business. Have the missus (Not married) as a Director (Not shareholder) for obvious reasons. When I do the property LTD co it will be a new co with the same structure and I will be winding my existing business down and going self employed. In reality nothing will change in terms of the business, just the structure.

Sundaeswap isn't an ICO....it's an ISO. You don't pay for coins up front. You stake your ada and instead of getting ada rewards you get sundaeswap tokens at a price of $0.08c So at todays price of ADA you would get roughly 25 SS per ada.

I might take the gamble of doing this as all you can lose is staking rewards but you have the choice to cancel at anytime and lose nothing in reality. If you can get 10k SS between now and smart contracs listing it could maybe do 25x or more. Look what pancakeswap ans sushi have done. Crazy market lol

Hey Cooper, actually got a similar plan for my ADA + other crypto holdings once the time comes to sell. Put the Mrs on as a Director and you can make around 30k per annum (between the two of you + divis) with very minimal NI / taxes. You can also charge good interest to the company on the loan value. However, as that's a little far out for us just yet, I've not looked into the impact that capital structure may have on ability to buy. Ideally there wouldn't be need for mortgage, but if the company was "on paper" indebted to you, might it impact a cash purchase? I genuinely haven't researched into that question yet

Personally, I'm thinking of staying clear of Sundaeswap. The reason is because it's currently just a website but absolutely everybody is talking about it. I see the ICO being bought into very heavily and then dropping like a brick immediately after (like ICP). Agreed on Liqwid Finance. I think it'd be ideal to have a combination of plays:
(i) Central exchange converter - like Uniswap alternative
(ii) Incubator
(iii) Local African plays.... because some of them will be built for real needs and offer sustainable business models

It's potential that (i) + (ii) plays might actually be existing coins that convert over from ETH rather than entirely new projects. But let's see what happens. It will truly be exciting to see what happens over the coming 18 months

Jt,

Yeah, BTC looking like dropping in to the 30k's now for sure. As you said, it's a temp correction and I still believe $100k BTC this year by September.

The funds I bagged today are going in a pot towards property , I'm in the process of selling 3 properties atm with the aim of getting them out of my name and then buying new properties and putting them into a limited company. Transferring them over is too expensive as they need to be independently valued, then bought at market value, stamp duty etc The idea is, once I've cashed everything in (stocks & Crypto), is to loan the company the proceeds of my returns to purchase the properties. I can then charge a small amount of interest on the total amount of the loan and also take a salary as the director of the company. Just a small salary that when coupled with the repayment on interest the company isn't really making much but enough to pay me back and cover the salary thus tax isn't an issue. Then in say 10 years, sell it all off, repay myself the outstanding loans and see what I'm left with. That's the plan anyway, see how it goes.

As far as trading the rest of this year though. I'm looking to get in on sundaeswap which is launching on the cardano blockchain. I'm not 100% sure how legit they are right now but as they only require you to stake you ada in order to get SS tokens there is no risk other than losing your staking rewards. Not the end of the world as you can pull out if they don't pay you when they are meant to. I will also be looking at trying to get some Liqwid fiance tokens when they launch too. I think they are the same in terms of staking your coins to get the tokens but there may be more risk attached but not sure atm.

I dare say there will be many other opps popping up too as we get closer to smart contracts.

https://sundaeswap-finance.medium.com/iso-sundae-with-the-works-c5c335101ef5

Worth a look to see what you think. if this is legit it's got legs and could be a great DEX to be in on the ground floor.

Nobody knows yet. He's looking at various alt coins. Cardano would be an obvious choose but as of now, nothing has been announced.

Is Musk interested in Cardano ?

Nice surprise this morning as I haven’t looked at the price recently.
Kind regards all.

Great feeling guys. Hats off to all who are still here and holding.

My staking rewards and now $430 every 5 days $2150 per month.

Where can you gain interest like that outside the crypto world. Banks offer 1% lol

Over 70% of all ADA is now held and staked by savvy investors. This leaves approx 30% for the onboarding of 25 countries over the next 18 months.

WAIT!!!!! What about the 100's of companies that are ready to launch on the cardano blockchain when smart contracts go live July/August?

This means there is going to be a shock to the price of cardano because all these projects needs liquidity, The DEX;s need liquidity, the swaps, need liquidity and the 100's of other projects all need liquidity.

This is a major factor not being discussed right now . Look what happened a couple of months ago when Binanace launched smart contracts...they done a 10x.

Cardano could be do the same.

Food for thought guys.

Cardano showing a huge amount of strength and blowing up against Bitcoin and the rest of the market.

Looking great and now we are looking to take the $2 level out!! It's crazy having bought a good load of these at pennies to now see it at $2. I think on average price I've now done of 16 x my initial stake. I thought a 10 bagger in 2010 during the financial crash was amazing but this tops them all.

I will be taking 100k of the table at $2.50 and allowing the rest to run till year end. That will be subject to change should something special rear it's head.

New All time high and looking towards hitting the $2.00 level where we might consolidate for a short period.

Alonzo update is now only weeks away so I don't see us hanging around for too much longer before heading towards the $5.00 level and possibly even more this cycle.

PS: This website is almost unusable these days for the crypto chat. The BB for stocks works fine but the crypto chat constantly has issues.

Jt

All looking good and bang on track as we suspected. Mass adoption of Crypto and Cardano even more so is now inevitable.

Cardano reaching 100 million users will most likely come quicker than we expect. We have the Georgian government ready to come on board too and that's going to swell the numbers again as well as other countries that we have been working with.

I see the Sun had a page dedicated to cardano yesterday..another clue towards mass adoption when the mainstream rags are picking it up.

Hope you are all good mate. All the best!!

cointelegraphDOTcom/news/100m-euro-digital-bond-was-a-cbdc-test-says-banque-de-france/amp

Ok, they're using ETH for now. But the impact that this has on future of crypto is massive... central banks officially into crypto now. No way is this boom anywhere near done

Great video yesterday if anybody else watched it. Attila looks great - still runs the risk of confusion with Attila the Hun perhaps? But the ecosystem they're creating with World Mobile etc in over regions of Africa is super exciting... What's also interesting for me is that this is all in the closer mid-term than I had been thinking. 100s of millions of people joining cardano by 2025 is now obvious, whereas I had thought more of a hope / narrative beforehand.
Very impressed with the forward thinking in the Ethiopian MoE particularly. Far ahead of what we have here in the UK! Systems here are so backward in comparison.
Big updates coming before the end of this year, with steady stream of exciting developments between then and 2025. This is a long play to stick by and watch

This initial deal is to onboard 5 mill students. These 5 mill will then have access to Defi & Dapps which will assist in the mass adoption of Cardano. It's a great initial deal and we have other like Mongolia almost over the line too.

IOHK Media
@IOHKMedia
We couldn't make you wait until Thursday! We're announcing our partnership with Ethiopia's Ministry of Education to create a blockchain-based national ID and attainment recording system. Rolling out to 5M students, this is the world’s largest blockchain deployment #CardanoAfrica