GitHub has revealed some surprising facts about developer engagement in active blockchain projects for the year 2021.
Santiment has created a report that details developer activity for various tokens, which might be a good indicator of a project’s long-term success. GitHub is a platform for tracking developer activities. GitHub is the primary software repository platform for Solana, Polkadot, Ethereum, and IOTA projects.
It’s a centrally hosted versioning management system where developers can propose and submit enhancements and additions to existing projects and make project code public.
In terms of development activity for 2021, Cardano, Kusama, Polkadot, and Ethereum are among the top 20 projects.
The ninth-ranked project is the Flow project, which focuses on NFT. Kusama is a sandbox for development consisting of a scalable network of independent blockchains with Polkadot-based code.
It is used to test apps prior to their deployment to Polkadot. The number of active contributors to a project’s GitHub repo offers information on the project’s development network.
A commit is a method of adding a change to a GitHub project. Cryptomiso reports the number of commits to a project on GitHub.
In the previous 12 months, there have been 8,193 commits to the Trust Wallet Token project, including 4,552 to the Solana token.
Gromakovsky is Cardano’s most active contributor, with 2,200 contributions between September 2016 and January 2022, followed by Volhovm, who has 837 commits.
DeFi protocols appear to have been powered by sidechains, bridges, and Layer 2 solutions. Among the top 20 projects fueling development activity are Defichain, PancakeSwap, and Uniswap.
Ethereum remains the most popular platform for DeFi apps, accounting for nine of the top ten DeFi coins by market capitalization in 2021.
Developers of mobile games are always looking for ways to maximize advertising revenue by creating high-quality games with monetization mechanisms. Currently, most crypto games require players to purchase virtual reality goods with real money before they can unlock advanced content. Crypto gamers and developers would benefit greatly from using cryptocurrencies instead of money. As more and more developers catch up, their digital collectibles can now be tagged.
For players to enjoy the crypto games, it is important the games are working properly and this can be achieved by reputable crypto games development and maintenance companies.
Crypto games are growing in popularity and awareness, and we thought it is time to provide a list of where to find them. We reviewed a range of Crypto games so that everyone might find a game they will enjoy. Play-to-earn games are analyzed from a gameplay perspective and from a financial advice perspective.
Check out the best 10 best Crypto Games You Should Invest in and explore in 2022
Etheremon
Crypto creatures known as Ethermons can be tamed, trained, and traded as part of the Ethermon game. With Ethereum, players interact with each other directly through smart contracts on the Ethereum blockchain, rather than through a single server, as in other crypto games.
Several new features have been added to Ethereum recently, including a town system, guild battles, and the Ring Arena, which has increased the popularity of the game.
KryptoKitties
You can collect, breed, and sell virtual cats for actual value! Dapper Labs has released another great crypto game in which you can collect, breed, and sell virtual cats. You can experiment with outbreeding different kinds of cats to see what happens. The whole design of the game is beautiful and the furry friends are adorable.
The movie has received mixed reviews from people around the world, so it’s hard to tell if it lived up to expectations.
Axie Infinity
Axie Infinity might just be the best option for Pokemon fans looking to earn some cash while staying close to their favorite characters. The explorers in this game fight battles against each other in a familiar environment, which is heavily influenced by the Pokemon franchise.
The Axie you collect is all genetically different from each other. As you progress through the game, you learn different ways to combat your Axie! Best of all? Thanks to Ronin’s scalability solution, there are no transaction fees! This NFT-based technology lets you collect these creatures and grow your kingdom.
Bomb Crypto
We’re still talking about collecting awesome creatures, so we’ll talk about Crypto Bomb, another NFT-based creature collecting game heavily influenced by the classic Bomberman. Players can engage in intense PVP battles with other bombers in this game. Your goal is to collect as many coins as you can while battling against other bombers.
However, always keep a sharp eye on your energy bar since the more you play, the more energy you use. Depending on how low the energy bar gets, you will need to wait a while for it to fill up again. You can even buy an in-game house to replenish your energy more quickly with the currency.
MetaWars
As we continue on this list, we find ourselves in a sci-fi world filled with deadly wars. You fight battles with other space explorers in this online role-playing strategy game set in space. You can use the money you earn from these battles to enhance your weapons and safe-havens.
With MetaWars you can explore, construct troops, and fight strategic battles with other players to conquer their land. The vast galaxy allows you to expand your armies and earn more dollar Wars tokens through cooperation and exploration.
Lightning
Lightning is a crypto game similar to Fortnite where you can win by head-shotting your opponents. By interacting with other players, players in Satoshi’s Games’ online multiplayer battle royale game can earn a reward or a penalty. This is a fun game in which you can play for hours and leave with real-time cash in your pocket.
Guild of Guardians
As a Guild of Guardian, you have the ability to make a dream team of “Guardians” to raid dungeons and compete against others in guilds. Gods Unchained is yet another brilliant title from the makers of the greatest cryptogame of all time. Ubisoft is working on the game as well as developers Sandbox to ensure that the game goes a long way beyond any expectations. Ubisoft is set to release it in early 2022, and the game is expected to be a massive success.
Idle Cyber
Players will leave with something in their hands with this compelling RPG that combines a Play-to-earn mechanism. The future in idle Cyber is populated by vicious cyborgs who want to end mankind. Tokens are earned by playing the game, and they can be traded on the NFT marketplace in-game. The idle cyber project is still in its infancy, but it is only going to improve and we will see a lot of new features by the start of 2022.
Sandbox 3D
Next on this list is probably one of the best crypto games for 2021. The name Sandbox 3D already tells you that this is an enormous sandbox, where you can use your imagination to create your very own world, where you can hold parties, concerts, hangouts, and so much more. The game is like Minecraft but in an acute and visually appealing world.
With the ease-of-use UI that makes everything easy to drag and drop, you can easily buy land, build a mansion, and add swimming pools if desired. One of the best Sandbox games I’ve ever played is Sandbox 3D not only because of its crypto-themed content but also because of its amazing sandbox-style gameplay.
Splinterlands
Splinterlands is a free-to-play card game that works well if you do not want to play competitive multiplayer games with other players or spend hours building houses and mansions in a sandbox game.
You can get your hands on some rare cards if you’re lucky enough, which are very valuable while playing this strategy card game! The game allows you to collect rare cards and then sell them for cryptocurrency to earn a major profit, all while having a blast!
Conclusion
In recent years, crypto-gaming has taken off like wildfire, with many awesome games which you can play while earning passive income for other purposes, some of which have grown from classic games like those from Game camp. As more and more developers jump into this niche, crypto games are slowly becoming more common. This is a golden opportunity to dominate a relatively young industry!
If you are looking to get away from the cold this winter, here are some of the best destinations in America that won’t require you to bundle up. Some cities even bill themselves as year-round destinations, so check out these great options across the country. Vacations are the best way to escape the cold.
Palm Springs, California
A desert oasis in the heart of Southern California is Palm Springs. This resort town lies at an elevation of 1,200 feet and has over 300 days of sunshine per year. The weather is pleasant all winter long, with highs between 50-75F (10-24C). Many hotels are equipped with pools, which is ideal for swimming laps indoors.
According to USA Today, “no other place epitomizes midcentury modernism better than Palm Springs.” The city itself is a designated historic district full of “midcentury homes designed by architects such as Donald Wexler, E Stewart Williams, William Cody and Albert Frey, among others.” If you are looking to get in some golf, Palm Springs is home to over 80 courses.
The city receives an average of 7.55 inches of rain per year. The winter months are slightly wetter than the rest of the year, receiving an average of 1.22-inches (3cm) in January. Temperatures range from lows in the 30s (0C) at night to highs in the mid-60s (10C).
Houston, Texas
No matter how cold it gets outside, you will never have to worry about bundling up when visiting Houston. With an average high of 70 degrees in January and February, this southern destination is a great place to escape the winter chill. While there are many year-round attractions in Houston, you can also take part in some old-fashioned southern fun at The Original Ninfa’s on Navigation during Lent when they serve; here, if you are those who paytowriteessays, it is a perfect destination for you.
New Orleans
If you are looking for the charm of the Big Easy, New Orleans is a great destination. The French Quarter has plenty of live music and amazing restaurants. Be sure to stop by Pat O’Brien’s Bar during happy hour for some cheap drinks while listening to dueling pianos. If you are interested in learning more about The Big Easy, consider taking one of the many walking tours, including Ghosts & Gravestones or Mysterious NOLA.
Las Vegas
The Entertainment Capital of the World can truly entertain you all year long! No matter what time of year you visit, there is always somewhere to play casino games or see some amazing shows on exotic stages. Much like New Orleans, this destination has plenty of entertainment options – where else can you party on the Strip one night and hike Red Rocks Canyon in nearby Summerlin the next? don’t wait; book your flight to one of these amazing winter destinations from San Francisco today! Find the best things to do in Las Vegas and plan accordingly.
Niagara Falls
There are two sides to this famous natural wonder: the Canadian side (Horseshoe Falls) and the American side (American Falls). The falls are located on the border of the United States and Canada, with Horseshoe Falls located in New York State. You can visit both sides within a short drive from each other. Visiting this area is not just an outdoor activity – you can learn more about The Niagara Region at The Niagara Historical Society Museum. Niagara Falls is a short drive from Buffalo, Syracuse, and more! It offers a variety of great restaurants and shops. And don’t forget to experience the falls during all four seasons!
On December 30, 2021, Twitch co-founder Justin Kan revealed to his Twitter followers that he developed and launched Fractal, an up-and-coming NFT marketplace ideal for gamers. He also revealed that the NFT collection leverages the Solana (SOL) blockchain, which will supposedly be the biggest NFT airdrop in the history of Solana.
Kan isn’t the only mastermind behind Fractal, though. Mike Angell, Robin Chan, and David Wurtz are accompanying him as co-founders. The NFT marketplace hosts a variety of interesting digital goodies from different platforms, including The Sandbox, Portals, Mini Royale, Nyan Heroes, and more.
The Fractal NFTs are composed of 100,000 unique NFTs, and each one has its own power level between levels 23 through 100. The collection includes 1,000 HEXA Fractals, 4,000 PENTA Fractals, 25,000 QUAD Fractals, and 70,000 TRI Fractals.
According to the team behind the Fractal market, the higher the Fractal’s power, the rarer it is. These rare Fractals won’t be easy to find either due to how unstable they are. The team hopes that with these NFTs, gamers will be able to gain special powers whenever they play blockchain-based games. On the other hand, the marketplace developers believe that these cross-game assets are “the future of gaming.”
As of this moment, the Fractal NFT marketplace already has a couple of trending projects. The leading project is Panzerdogs, with Aurory, Portals, Photo Finish, and Fractals following suit. The marketplace also features other popular projects like Genopets, Caveworld, Nyan Heroes, and Mini Royale, ranking sixth through ninth, respectively. In tenth place is Solchicks.
In an announcement last week, bitcoin mining company Marathon Digital Holdings revealed that it made a “record purchase” of Bitmain ASIC rigs. According to the Securities and Exchange Commission (SEC), the purchase will cost the company over $879 million.
Marathon revealed broad details about its purchase last week during its announcement about its partnership with Bitmain to acquire a record-breaking number of mining rigs. The mining company didn’t unveil the number of miners it had purchased or the pricing, but all was revealed after the SEC filing.
Marathon acquired about 78,000 new Antminer S19 XP miners, costing the company about $879,060,000. Marathon CEO Fred Thiel said in a statement that this new purchase means the company will approximately own 199,000 miners overall “and 23.3 EH/s by early 2023.”
According to the agreement, Bitmain will give Marathon 13,000 miners every month between July and December 2022. On the other hand, Marathon will be paying about 35% of the total amount within two days of the execution of the contract.
As for the remaining 65%, Marathon will pay the balance separately as each new batch of miners arrives. Specifically, the company will pay 35% at least six months before the batch is shipped out to them and the remaining 30% a month before the shipment date.
Marathon Digital Holdings is one of the biggest bitcoin miners in the US capital markets. It trades on Nasdaq with the ticker MARA, and it has done a fantastic job at outperforming the BTC price in 2021. The company was able to gain 212.90% YTD, while during that same time, Bitcoin also increased 64.40%.
US Bitcoin miners experienced more profits in 2021 as a significant portion of the Bitcoin hashrate went offline. This came when China had a severe crackdown against any crypto-related activity during the summer. Since China, the country with the largest share of hashrate, had to close down operations, it was no longer difficult to network mine. As a result, the amount of BTC that miners could earn increased.
However, Chinese miners have begun picking themselves up and getting back on track, as most have successfully relocated their operations to other countries. As such, the industry is once again competitive for miners, ultimately hurting miners’ productivity in the USA.
Not only is BTC mining competitive again, Marathon’s productivity suffered greatly in November 2021 when it had maintenance work done on its power plants. The mining company only mined 196 bitcoin during that month, a significant drop from its 417.7 in October.
Power grid operators and the residents of Irkutsk, Russia, have been experiencing more and more power outages due to a significant increase in power consumption within the region, causing an overload within the distribution network. According to local officials, this high consumption is caused by cryptocurrency miners who mint crypto assets in their homes, garages, apartments, etc.
To try and remedy this alarming issue, local officials are proposing a set of measures and regulations. For one thing, the authorities want to increase the distribution network’s capacity. Not only that, they want to present higher tariffs for cryptocurrency miners and give them specific platforms where they can keep doing what they do without affecting everyone else.
According to the Russian business daily Kommersant, Irkutsk saw planned and unplanned power outages throughout December 2021. Not only that, but the local utility noticed a sharp and sudden spike in the pressure on the grid situated in residential areas since June.
Irkutsk Electric Grid Company (IESC) explained to the newspaper company that even though November brought in warm weather, the electric load continued to increase by 40%. Based on that information, it’s safe to say that Irkutsk’s overall consumption for the entire year of 2021 increased by 108%.
The IESC notes that crypto mining and minting require massive energy, primarily since the miners’ computers and equipment will be operating practically 24/7. According to engineers, the existing electrical networks in cities and towns aren’t powerful enough to provide the energy needed by mining hardware. Sure enough, IESC had been forced to cut the power for various areas in Irkutsk to install better power lines and replace broken fuses.
Over 1,100 Cases of ‘Gray’ Crypto Mining Discovered
Irkutsk utility companies have been trying to locate the mining facilities in the region responsible for the surge. In the Irkutsk region alone, about 21 electrical installations were discovered, and they’re suspected of being used in crypto mining.
Raids were performed to get to the bottom of the issue, and inspectors found over 1,100 cases of ‘gray’ mining in the region for 2021 alone. According to a recent report, it appears that the utility company Irkutskenergosbyt filed 85 lawsuits against those residents who have been crypto-mining in their homes, with claims reaching 73.3 million rubles (or more than $980,000).
For now, the utility company has already won nine cases out of the 85, and it’s expecting to receive compensation worth 18.7 million rubles ($250,000) for those won cases.
In December, Moscow’s federal government allowed authorities from Russian areas to determine local electricity rates independently. This move will supposedly increase the costs of amateur cryptocurrency mining.
Irkutsk is known as the mining capital of Russia, yet it has one of the lowest rates in the country at only 0.86 rubles ($0.01) per kWh. However, more and more people have expressed their frustration to Moscow officials, demanding them consider crypto mining as a business activity, especially in regions like Irkutsk.
That way, miners will have much higher electricity rates than the other regular folks, not to mention that they will be taxed.
The Italian bank Banca Generali, which has assets worth $87 billion, will reportedly be allowing over 300,000 customers to buy and sell BTC sometime in early 2022, thanks to its partnership with Conio, a Bitcoin company. As soon as this integration is implemented, those 300,000 customers will be able to create a bitcoin wallet directly from their bank account.
We have Conio to thank for making this feature a possibility. Conio is a San Francisco-based fintech company founded by two Italians, and Banca Generali is one of its major investors. As such, it makes sense why these two companies are now working hand in hand.
Banca Generali and Conio finalized the mentioned partnership back in December 2020, and they will soon be launching their hard work within the year. According to a We Wealth report, after the Conio platform is successfully integrated within the Italian bank’s mobile banking app, customers will have “direct access to Bitcoin trading using the same environment that is already used in relation to other banking operations.”
The report continues by saying that the select customers will have the extra benefit of directly debiting or crediting their account when buying or selling Bitcoin without relying on third-party platforms or payment cards.
To reiterate, Banca Generali’s banking app clients will soon see the Conio feature integrated into their app, which will give them the ability to buy and sell bitcoin as conveniently as possible. For an increased level of security, the upcoming wallet will also feature a 2-of-3 multi-signature arrangement.
On the other hand, another financial institution called Hype Challenger Bank has also implemented Conio’s B2B offering. This feature allows clients to trade bitcoin conveniently and without hassle. In Hype’s case, their partnership with Conio introduces to clients the ability to transfer their Bitcoin to external wallets.
Banca Generali hasn’t mentioned whether its partnership with Conio will also enable BTC transfer to external wallets.
If you have been following the NFT industry since its launch last year, you’re probably familiar with the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs. These two NFT projects are pretty popular, and it appears that their fame won’t be dying out anytime soon. After world-renowned rapper Eminem recently purchased a Bored Ape Yacht Club non-fungible token, BAYC, and MAYC NFTs saw a significant trade volume increase over the last seven days.
Bored Ape Yacht Club is a famous NFT project consisting of 10,000 one-of-a-kind apes. At this time, 6,067 unique addresses hold at least one of these digital apes. One Ethereum address holds approximately 105 BAYC NFTs, which is quite impressive.
According to statistics, Bored Ape Yacht Club has seen $78.26 million in only a week across 434 traders. The BAYC volume has increased by 150.97%, while the number of traders has increased by 101.86%. Not only that, but BAYC sales have also increased by 122.95%.
BAYC’s current all-time metrics show that the project’s overall market valuation is now at $2.73 billion. The floor price of only one BAYC is approximately $273,420 in ether as of this time, but the average price is around $287,740 per NFT.
Mutant Ape Yacht Club Is Also Seeing a Massive Boost
BAYC isn’t the only project getting an incredible boost, though. Mutant Ape Yacht Club (MAYC), the sister project of Bored Ape Yacht Club, is an NFT collection that had a spike in volume this week. The project’s volume is currently $93.02 million, which means MAYC saw an increase of up to 93.41%.
MAYC has had a total of 2,234 traders this week alone. The project’s individual floor price is $59,180 per MAYC, but they’re selling for $54,270 on average. While the BAYC collection only touted 10,000 apes, MAYC has a total of 20,000 unique apes.
This NFT collection is interesting because you can only create a MAYC NFT by tethering a Bored Ape Yacht Club NFT to mutant serum. Another way is during the public sale’s mint process. As a reward for those who continue to hold BAYC, MAYC offers them a mutant version of their owned NFT that they can choose to sell on the open market. At this time, about 7,623 mutations have been released.
Looking at MAYC’s lifetime sales, the NFT project has seen 184,791 ether in all-time volume, which costs around $707 million when converted to USD. Not only that, but about 11,148 unique ethereum wallets currently hold at least one MAYC NFT.
Over the last seven days, another BAYC NFT was bought for 430 ether or $1.64 million. The purchased ape was #3562, and it was considered the most expensive BAYC sale this week.
The web3 industry arrived and surprised everyone with new jargon, concepts, and technologies that even world governments do not fully comprehend. Experts believe that as the fear of missing out (FOMO) grows, most individuals want to get into the web3 space.
The web3 sector will continue to grow this year. Many things will alter as a result of Web3 technology, with the additional layer of the internet governing everything. Several businesses will sample the fire and enthusiasm that is currently energizing web3 advocates.
First, we must investigate the fundamental concept of asset exchange.
We require funds to meet our needs
Payments for necessities are required. It enables the exchange of value between buyers and sellers. Payments must be made as proof of value.
Historically, payment forms have ranged from salt to coins and cowrie shells, depending on the culture. The double-entry bookkeeping system was established, and humanity laid the groundwork for the fiat money system.
Triple-entry accounting is now conceivable because of the availability of public ledgers and associated digital assets. The forces of demand and supply inside ledger ecosystems determine the value of cryptocurrency tokens.
Although humanity has progressed far beyond the use of salt and cowrie shells, the move from fiat payment systems to completely digital systems has been tough. Because of the numerous benefits that web3 technology provides humanity, the emergence of web3 technologies has facilitated a smoother transition than previously possible.
From ledger immutability to security, transparency, integrity, and decentralization, these advantages will drive the increased adoption of web3 technologies this year.
Interaction is Encouraged in Web3 Ecosystems
Ledger-based transactions characterized the initial generation of web3 technology. The web3 industry’s first use-case scenario is “commodity-type” transactions. It motivates the first entrants into the market. They offer a viable alternative to the status quo.
Second-generation web3 technologies dealt with interaction for the first time with the advent of the Ethereum Virtual Machine (EVM) and smart contract-capable ledgers. The rise of the decentralized application (D’App) has revealed new insights into the many types of utility that developers can use.
Last year saw the rise of a new generation of web3 projects. Interactions were prioritized, with an emphasis on the user experience.
2022 will be the year of web3 ecosystems, with everything from chain-agnostic metaverses dealing with play-to-earn games to niche-specific ecosystems solving end-to-end problems.
Bistroo, an end-to-end ecosystem that allows for all restaurant-related operations, is one such example that is gaining traction in the restaurant niche (logistics coming soon). Merchants may easily sign up and have access to tools that can help them build their business. Users can obtain credit by investing with their preferred service providers.
Adoption Is Everything
As interaction inside web3 ecosystems grows, so will the number of use-cases. The web3 gaming space is one that has recently gained interest. Gaming has been a major driver of web3 technology adoption.
Web3 technologies provide numerous advantages to game ecosystems. They enable interactions that go beyond the scope of the gaming experience. For the first time in human history, the virtual economy has come to life in unprecedented ways.
It has already occurred through the release of “Spells of Genesis,” the world’s first blockchain-based mobile game.
The rise and use of Non-Fungible tokens as digital assets inside gaming ecosystems allow gamers to trade, transfer, and use digital assets in a variety of ways. Chain-independent development tools, such as those provided by EverdreamSoft (EDS) and its Crystal Spark software package, enable developers to design ecosystems that span many blockchains.
These technologies prioritize the user experience while providing maximum utility to gamers. Rather than focusing on blockchain-based projects, this year will be the year of independent projects that leverage web3 technology to benefit people.
What Does the Future of the Web3 Industry Hold?
While some detractors say the web3 space is in a bubble, others believe it is not. The adoption of these new technology has not yet begun. It’s only the beginning.
The web3 industry is redefining itself. It has rewritten the rules for how technology should work and produce value and utility. As the world continues to teeter on the verge of disaster due to unequal resource distribution and centralized authority, web3 technologies provide a way out.
Resources can now be democratized since anyone with the correct knowledge can produce digital assets or asset-based systems. In a world where inflation is widespread due to coordinated quantitative easing by central banks, barriers to entry into wealth are being lowered.
The global economy will bounce back (somewhat). The COVID-19 pandemic and its numerous versions begin to fade or become a part of our everyday life. Medications, vaccinations, and other remedies will be available.
By this time, activities will have resumed, and web3 standards and technology will have become popular, albeit niche, due to the control individuals within the centralized realms wield over humanity.
Because of the vast sums of fiat money in circulation, an economic boom will ensue on a global scale. There will be the impression of affluence everywhere as spending power rises, if only temporarily.
Then there will be a bust in everything because all of the money is accessible and printed by the world’s central banks will have been spent by the majority. The majority of the world will slip into a tailspin, resulting in another global economic crisis. Except for individuals in the web3 industry, due to the deflationary nature of web3 assets.
As the victims calculate the costs of centralization, many will realize that the web3 sector is the future. Many pundits are looking forward to that time of mass acceptance when the globe will fully embrace the web3 sector.
The white swan event of web3 technology adoption will not occur in the absence of a black swan event. The web3 industry will find its footing and come into its own—something the industry is preparing for and will seize when the time comes.
ADALend, a decentralized lending platform built on the Cardano blockchain, was recently published on CardanoCube.io. This platform provides information on dApps by offering an overview of all Cardano projects and dApps. The listing is accompanied by an announcement from ADALend, in which they stated their desire to use Plutus Application Backend (PAB) to continue platform development.
CardanoCube.io Overview
CardanoCube.io is the authoritative source for information about the Cardano Blockchain and its ecosystem. They provide unbiased, high-quality, and trustworthy information to retail customers so that they may make educated decisions about the things they buy.
What Does All of This Mean for ADALend?
ADALend has recently joined the market as a Cardano critical dApp to impact the DeFi sector significantly. ADALend has had a busy few months with development and delivering information to the communities about the project and its goals. ADALend intends to keep sharing what the developers are working on as more information becomes available, involving the community and letting them be a part of the platform as it nears completion.
ADALend’s Background
ADALend is working on a scalable, trustless, and decentralized lending protocol that will allow users to operate in a self-governed environment. The ADALend protocol is built on the Cardano blockchain, allowing the lending platform to aggregate protocols that support business models that provide economic assistance to billions of people.
ADALend will restore the power equilibrium between lenders and borrowers. Allowing the use of digital assets as collateral diversifies the platform’s use to the user’s benefit.
ADALend will enter the enormous digital currency management sector by exploiting the Cardano blockchain. ADALend is enabling blockchain-powered liquidity by developing a solution that allows anyone to delegate their digital cash and make it accessible for a loan.
Input-Output Hong Kong (IOHK) has included ADALend on their “Essential Cardano List” of projects deemed part of the ecosystem that supports and provides products and services to Cardano users.
