/biz/ - Business & Finance

>Million-dollar baby: Project Catalyst DAPP developer Fund 4
>https://iohk.io/en/blog/posts/2021/02/12/our-million-dollar-baby-project-catalyst/
>$200,000,000 On-chain Treasury for Funding DAPP developers
>$1,000,000,000+ in funding will be available in the future
>$1,000,000 Round 4 underway now -- focus to DAPP devs. Full Daedalus Integration for Voting this Round!
>10 total rounds of funding to happen this year

>Decentralized Identity - Cardano's Atala PRISM
https://www.atalaprism.io/

>Atala PRISM Demo
>https://youtu.be/wemcgPA3IPQ

>Cardano to onboard 5 million people
>https://youtu.be/l09YHErt90c

>Native Tokens
https://iohk.io/en/blog/posts/2021/02/04/native-tokens-to-bring-new-utility-to-life-on-cardano/

>ERC-20 Converter:
https://blockchain.news/news/cardano-erc20-converter-cross-chain-communication-extended-interoperability
>Video Demo (start at 10:20)
>https://youtu.be/e_C90pUrfKs?t=620

Smart Contracts in April
>Solidity, Javascript to Marlowe, Drag & Drop via Marlowe, Hardcore Haskell
>Solidity Smart Contracts 100% Ethereum compatibility via Cardano's KEVM
>Drag and Drop smart secure formally verified smart contract creation via Marlowe
https://alpha.marlowe.iohkdev.io/#/

The market is waiting to be captured.
Intro to this video (first 2 minutes) ...provides high-level context preview for the next section on multiple programming language support:
>https://youtu.be/GJANeEkj408

Multiple Programming Language Support for Smart Contract Creation
>https://youtu.be/k8a6tX53YPs
>C
>C++
>C#
>Javascript
>PHP
>Swift
>.NET
>Objective-C
>Rust
>Scala

The future of DeFI requires formal verification (start at 33:00)
>https://youtu.be/lj9SlvOIBgU?t=1980

Media Channels that Cover Cardano:
>https://www.youtube.com/c/IohkIo/videos
>https://www.youtube.com/c/charleshoskinsoncrypto/videos
>https://www.youtube.com/c/CryptoCrowOfficial/videos
>https://www.youtube.com/c/KaizenCrypto/videos
>https://www.youtube.com/c/bigpey/videos
>https://www.youtube.com/c/TheCryptoviser/videos

Projects Coming to and Moving to Cardano
>SingularityNET moving to Cardano and fully focus on Expansion into Cardano - ETH token to have low importance
https://singularitynet.io/

>DNATags™ full conversion to Cardano
https://apnews.com/press-release/accesswire/technology-business-ho-chi-minh-city-financial-technology-ho-chi-minh-9d0cf712d9ad6af0bd918ae63b64c8eb
https://finance.yahoo.com/news/dnatags-tm-convert-ethereum-solidity-140500242.html

>Celsius Network to Cardano - Losing Millions of USD each Year in ETH Fees (start at 26:15)
>https://youtu.be/75mjfCNdGnk?t=1575
https://celsius.network/
https://medium.com/daily-highlights-crypto-analysis-news/celsius-network-announces-plans-to-add-cardano-ada-to-its-supported-cryptocurrency-deposit-list-f60621c18bb
https://cointelegraph.com/news/celsius-ceo-thinks-ethereum-could-lose-its-market-dominance-if-this-doesn-t-happen

>BeefChain (only USDA approved blockchain for tracking Beef & Sheep - Multi-billion dollar food-traceability market in the US)
https://beefchain.com/
https://www.forbes.com/sites/benjaminpirus/2019/04/25/beefchain-receives-first-usda-certification-for-a-blockchain-company/?sh=2445651d7607
https://coingeek.com/beef-tracking-gets-easier-as-beefchain-receives-usda-certification/
https://www.ledgerinsights.com/proof-of-steak-blockchain-food-beef-traceability/

>Stablecoin AgeUSD algorithmic stablecoin
https://ergoplatform.org/en/blog/2021-02-05-building-ergo-how-the-ageusd-stablecoin-works/
https://cryptoslate.com/emurgo-ergo-and-iohk-announce-ageusd-the-first-stablecoin-that-will-come-to-cardano/
https://decrypt.co/40264/cardanos-stablecoin-will-be-better-than-makerdao-says-hoskinson

>>29574459
Niggers tongue my Cardano logo

The comfiest of all coins

>>29574459
WARNING: ADA IS GOING BACK TO 2 CENTS
>How long has it been? 3 Days? 4 Days? It's crabbing at $1.01 just like this is still CG #1
>Look at this attached chart for Cardano just crabbing over an entire two weeks
>No smart contracts still after 4 years. deadlines keep getting pushed back and back despite muh April deadline (was December before)
>No projects being developed for it (Polkadot already has ~360). no one can post a link to any projects
>Scaling still 2 years away (phase 4 of 5). everything is hypothetical
>Governance still 3 years away (phase 5 of 5)
>Gene Simmons, the lead drummer of Rolling Stones shills this (a Scientologist trance music group)
>Only 40,000 transactions on it currently a day. Ethereum does 1.5 million.
>My wife is leaving me
>Literal ghost chain, Tron and BNB have more utility. charles is spamming transactions with high volume to make it look like people are using it
>Almost certainly a security
>He had dinner with Shatner, a fucking leaf
>This will crash the chink gpu farms in favor of white countries to virtue signal for Africa
>Charles did a cock tribute to Lush Rimbaugh. He's boomer tiered alt-light
>Prove you're not white supremacist and sell your ADA now. You're not a Cardano holding NAZI are you? Antifa will doxx all your wallets.
enjoy alt season as this pumps with everything else but those bags are going to be heavy afterward

>>29574997
>No smart contracts still after 4 years
building things correct the first time vs launching with garbage. Smart contracts live in April. Retard-tier-fud.
>No projects being developed for it.
Lie that has been pointed out before, yet you keep posting it.
~100+ projects being developed for Cardano.
Public projects include, SingularityNET, DNATags, Celsius Network, Beefchain, AgeUSD Algorithmic Stablecoin and the list will keep growing.
Project Catalyst round 4 fund for DAPP developers at $1,000,000 in funding is going live now. Keep cope-posting this retardation though. It's quite bullish.
>Scaling still 2 years away (phase 4 of 5)
Cardano is already 150 TPS and with tuning it'll be 1,000 TPS on the base layer before scaling. Scaling beyond that is simply NOT NEEDED AT ALL right now on any chain.
Ouroboros Hydra development is already underway and will take Cardano into the 1 million+ TPS range. like all your fud, another great meaningless point.
>Governance still 3 years away (phase 5 of 5)
Governance already up and running. Cardano is ALREADY OPERATING THE WORLD'S LARGEST DAO through Project Catalyst. Get your basic facts straight retard.
Governance will continue to evolve going forward, but it's already more successful than any other project in crypto history, and larger than any DAO on earth ALREADY.
FUD-retardation-level-9000
>Only 40,000 transactions on it currently a day. Ethereum does 1.5 million
False.
https://messari.io/screener/most-active-chains-DB01F96B
and smart contracts are not even live yet, what a stupid-ass comparison. are you retarded?
>Literal ghost chain, Tron and BNB have more utility
Rank #2 in on-chain activity behind Bitcoin... without native assets (tokens) or smart contrats. TOP FUCKING KEK.
https://messari.io/screener/most-active-chains-DB01F96B
>Almost certainly a security
More mongloid-tier-limp-fud. Launched in Japan, Most decentralized project in crypto.
Sorry you're priced out anon.

>>29575083

>>29574997
>>29575083
ok

cardano is a scam to take gentiles' wealth. don't fall for it like OP has. you'll be glad you took my advice a week from now.

ADA is going fucking big and anyone not on board is stupid.

Normie celebs like Justin Roiland (rick n morty), Gene Simmons, and others are starting to pump this shit. Elon Musk rumors. Visit r/cardano... see what's happening? 200K subs in months. MASSIVE friendly community encouraging grassroots support. This is their next Bernie Sanders type movement.

Not only is it a decent crypto, it's got the eco-friendly, third-world saving angle it needs to penetrate day to day reality. Normies know bitcoin is huge but they also know it's hurting the environment. Cardano is their latest answer.

And what do you think will happen after a coinbase listing? After smart contracts? After government adoptions? After philanthropic accomplishments?

MONEY.

This is the closest thing to a short term, low risk guaranteed 2-3x I have ever seen. Within years it will surpass or at least match Ethereum, so then we're talking 10x.

>>29576306
bernie lost

>>29576306
Anon, this, unironically. Everyone that fuds Cardano now is a. mentally incapacitated, like straight up retarded b. fudding so he can accumulate cheaper bags. There is no alternative.

priced in

vaporware scam

charles is the george rr martin of crypto

cardano is never getting finished. cope, seethe and dilate.

>>29576306
>Rick and Morty
>Gene Simmons
>Epic spaceship guy

kek, you can't make this shit up. literally reddditcoin

>>29576306

Not about the money.
It is about the tech.
Put up or shut up time for Cardano.

>t.100k hodler.

If Elon Musk is true then I guess he'll be sending us to the moon

charles fanboys are dumb af kek
where the fuck is ur "muh meta for k theory" stop simping elon to boost the price

I've onyl got 21 tokens im so poor. i ALSO Bought 120 COTI, is that coin any good? I herd it was going to be used with cardino or some shit

kek

>check how they try to shill that scam project on /biz/

seems like this thread is already dumped with scammers
think I am clever to forget about it and don’t come to hell

>my wallet has been connected to Bot Ocean platform and I wait for full open to use their bots for trading and analysis

but you can follow them and buy this trash

Great info here. I enjoy it. Thank you.

ADA n00b reporting in, I need some help with staking guys.

I got my first 500 ADAs ready to be transferred to Daedalus which just synced on my desktop PC. How do I select a pool with best rewards? I see a lot of pools but not sure what the green/yellow colors, the bars on the bottom and the numbers mean exactly. Does staking involve any risk (losing my ADA, etc.)?

Also, do I have to leave my PC running all day long, or can I switch it off while staking?

Really new to all this stuff, any help would be much appreciated.

>>29577490
You are right. That is why he is against cults of personality, openly stated. Makes me trust him.

if I had an opportunity to change anything I’d like to shoot this niggers who shilled here this trash
have already lost 1500$1700$ for their trash bot
who this nigger that made this fucking retarded bot
seems like it’s better to wait for full-ecosystem open for Bot Ocean and their solutions
my purse is crying

>>29578078
If you lost money you're the only one to blame you fucking retard. Should have waited for a dip and hold.

>>29577490
>https://twitter.com/IOHK_Charles/status/1364350825271685122

>>29577991
first get the ada safely to your daedalus wallet.

go to pooltool.io
sort by "live stake" in descending order.
pick a pool with less than 63 million in stake... that is the current limit. pools with over 63 million have diminishing returns. avoid all the 1Percent (1PCT) pools if you want to get the same rewards while helping with decentralization.
>do I have to leave my PC running all day long
absolutely not. once you have staked you can turn the PC off and walk away. It will take a few epochs (5 day periods) before rewards start rolling in, but then they will roll in every 5 days.

give this video a watch:
https://youtu.be/OUZKSS_cJIE [Embed]

>>29579104
>>29577991
you can use the search function within the Daedalus staking interface to search for the pool ticker of any pool that you pick out on pooltool.io.

>>29577310
Nobody here is buying ADA because OMG WE HELP AFRICA JUST TAKE MY MONEY.
Let that thing be reddit and normies because that is a mean to an end here.
If something has to be global it has to be normie and that is a fact. Thinking some kind of secret club coin will be number one in the world its being super stupid.

>>29579890
>muh plebbit bad
ngmi

Holy shit we are way above 2000 satoshi per coin.

>Hoskinson stated that the event would take place five days following its initial trigger from the current epoch. Therefore, if the initial trigger takes place on February 24, then the hard fork will happen on March 1.

Will it happen?

>>29579104
>>29579192

Thank you kind anons.

I am going to be a FOMO because I am still waiting for Binance to verify me so I can buy ADA.

>>29580300
I mean *anon.

>>29579890
They don't "help" Africa, this isn't charity. This is being on the Africa Train early. This is being on the ground floor of the next economic powerhouse.

Reddit does suck, fuck this >>29580112 fgt

>>29580584
Reddit sucks it's true. But did Cardano start on Reddit? I don't think so and that is a huge deal.
If you get normies to jump into the correct bandwagon that is what should be done.
See DOGE. That is the opposite of what is going on here.

>>29580132
yes, the trigger has already been initiated so it is inevitable now, it WILL happen. The hardfork recombinator event takes place in 5 days and then we're multi-asset. glorious. Daedalus was just updated today to 3.3.1 with further support for it.

>>29580376
you're welcome fren

>>29580365
wait for them to post on twitter, reply to them that your account isn't verified.

>>29580753
ETA on next dip? Gonna miss out so bad on this.

>>29581233
It's still within their limit date. Hope it's verified until then.

What is the AAVE equivalent on Cardano?

>>29581598
smart contracts are not live yet so there can be no equivalent at the moment. Celsius is looking into coming to cardano. If AAVE doesn't deploy and go multi-chain someone else will do it. It's in their interest to do it themselves though.

>>29581455
>>29580753
Slot:417452 (96%)
Not yet, but soon, it triggers in less than 5 hrs. Then 5 days for it to be fully implemented.

Is 5-10$ realistic this bullrun? A lot of youtubers are saying it is. Is it all just copeium?

>>29581870
As long as the rollouts happen this year as planned and there are no delays, $5 is attainable

>>29574459
Your utopic, DeFi fantasies will be crushed under the boot of institutional money and international political entities. Keep LARPing like a good guy with you money so Charles can send it to Africa.

ADA is the final form of welfare.

>>29581851
ahh, cool.

>>29574459
I'm an eth maxi but I'm about to cave and buy this shit.

>>29581455
don't hold your breath, many of my friends waiting 4 weeks plus. Just message them and they will get it done.

>>29581945
>disagree

SingularityNET's Founder on Cardano:
>https://youtu.be/f8JVh1S774k?t=320
>the first infrastructure with the potential to be capable of supporting large-scale decentralized AI systems
>Ethereum launched something, but it doesn't have the sophistication or scalability of design to support [the world computer] vision
>Cardano with the Plutus smart contracts being released is a much more credible infrastructure for a world computer...
>a secure privacy preserving democratically governed world computer

-------------------
>https://youtu.be/f8JVh1S774k?t=2856
>if you have a private chain
>e.g. if a bank wants to so some blockchain stuff internally, but they also want to interoperate with a public network, then you can have elegant isomorphisims between a Private Cardano network and a Public Cardano Network
>if you're trying to do that with Ethereum or EOS or something, the mapping of private to public is more awkward and requires more work

>Haskell language has the ability to set up mathematical mappings between smart contracts in an automatic way
>A Cardano Haskell program is its own mathematical formalization
vs.
>An Ethereum Solidity program is not (in a useful sense) its own mathematical description.
>A Haskell program is closer to being its own mathematical description
>if you need to map between a contract in a private subchain, and a smart contract on a public subchain - those contracts are very close to knowing how to describe themselves to each other, so you can just map between the two in a formal way
>it's quite elegant
>you can't build those isomorphisms (structure-preserving mappings) between two Solidity contracts in any practical way
>isomorphisms = a mathematical term for a structure preserving mapping
>you can map one contract into another in a way that preserves all the key properties
>In Cardano's Plutus: you can set up these mappings automatically between smart contracts
>In Solidity or WebAssembly: you cannot do this

>>29581945
CONTRAST WITH WHAT CONSENSYS IS TRYING TO DO WITH ETHEREUM
CONTRAST WITH WHAT JP MORGAN WAS TRYING TO DO WITH THEIR OWN BLOCKCHAIN
>all those things are going to be much nicer with Plutus
>Financial Services Industry will see that because they're always early-adopters of technology
>They're also early adopters of AI technology
You're going to see a big payoff for Cardano and SingularityNET:
>as DeFI Mainstreams
>as DeFI Merges with Traditional Finance
>then you have large traditional finance organizations that want blockchain inside
and
>they're going to be increasingly dealing with public blockchain markets
and
>they're going to want nice interoperation between them
and
>they're used to software that is less crappy than Ethereum or WebAssembly
>their software frameworks are not as good as Cardano, but they're better than other blockchains
so
>they don't want to take a step backwards
but
>they will take a step forwards

-------------------
>https://youtu.be/f8JVh1S774k?t=3100
This could be what turns Cardano into a 100 billion dollar market cap
>Cardano is going to become the engine of DeFI
>Then being the engine of DeFI... when DeFI merges with traditional finance...
>Then as AI gradually takes over Finance, and Singularity NET is jumping in there
Within a few years you can have 10's of trillions of dollars of financial transactions being coordinated by:
>machine learning algorithms running on a combination of public and private Cardano blockchain
>if you look at the logic of it, it's something that almost has to happen

>>29581941
I would say $5 is conservative, only a x5 from here and still under ETH current market cap
ofc only happening if BTC goes to $100k+

>>29582010
check this out:
>>29582229
>>29582308

more on who Ben Goertzel is:
https://youtu.be/OpSmCKe27WE

>>29581455
If the market continues to crab, it's gonna go down. No doubt about it

>>29580365
Kraken anon... you can get verified much quicker hopefully. just takes minutes for crypto deposit approval. to do fiat takes a bit longer.
>https://www.kraken.com/
there's also bittrex
>https://bittrex.com

Something about Cardano doesn't fit quite right
Feels a little "Tron-ish" if you ask me.

1)Eccentric founder who appeals to celebrities
2)"work in progress" that always has a "soon" or a "just wait" in the pipeline
3)Continues promises to deliver
4)Reputable exchanges won't touch it
5)Twitter bots always show up en mass to shill/defend

>>29582341
American Stimulus is about 3 weeks away. Hold and buy the dips.

>>29582538
you referring to Goretzel?

They are delivering anons.

>>29582747
laundry-list fud persuasion technique. very weak of you anon.
>1)Eccentric founder who appeals to celebrities
Charles doesn't do that, but when they are posting about Cardano it would be stupid to ignore them, especially when he knows them.
>2)"work in progress" that always has a "soon" or a "just wait" in the pipeline
you just described every project in crypto. let me know when ETH 2.0 shards.
>3)Continues promises to deliver
sounds like vitalik & every other project lead
4)Reputable exchanges won't touch it
now you're just being dumb. Binance not reputable. Kraken (the only exchange with a banking license in the United States) not reputable, Bittrex not reputable, the list goes on. You shouldn't have posted this because you just showed your salt-fud card.
5)Twitter bots always show up en mass to shill/defend
Cardano has one of the largest crypto communities, period. When the community is that large they will show up on a scale that you don't see with smaller communities. all in all, very weak fud.

>>29577310
>losing on sure gains to own da ledittors xD
sasuga

>>29583278
^this
More exposure means bigger gains, fucking idiots and their brand loyalty. NGMI

>>29583219
>Mary release $1.50
>Coinbase listing $3.00
>Vitalik convicted for cp $9.00

tell me this isnt super bullish

>>29580584
>africa
>economic powerhouse

maybe if it's colonized again

>>29583635
it is, by china.

>>29577310
The spacing is just perfect, isn't it.

I'm gonna be real honest. I hold this coin, and I feel utter shame that these are the investors I'm lumped in with. Can't wait to dump my bags on these redditors in 2-3yr as they continue to play while the ship sinks. This coin won't live past 2025. I believe absolutely 0 of the DD these retards post because they unironically spend every waking hour trying to find more ways to strengthen their confirmation bias.

>>29584087
>comments leddit spacing
literally does it himself in his 1st post, and 2nd
>FUDs Cardano DeFI potential
gets BTFO by Goertzel and can't even begin to imagine how to recover.
>desperate to do something, concocts fantasy LARP that might just work as fud.
FUD falls flat on its face. Goertzel hit you in the fee fees anon. it's okay.

Only a few more hours before I'm paid and can add to the humble stack I have.

>>29585003
Based anon

>>29583635
>he doesn't know

It's honestly the most sensible investment in crypto rn, and the community on Reddit is far nicer than most people here. I genuinely think it will be back ahead of BNB soon.

>>29586480
biz is a lion pit anon. just the way it goes

>>29586480
just the nature of the board, leddit isn't any better it's just they like to blow each other and only hear positive affirmations

did i do a good acoomulating???

>>29586480
>and the community on Reddit is far nicer than most people here
You say this like you are new around here.

>>29586601
>>29587075
Problem of reddit is that they circlejerk and influence confirmation bias even more that we see around here and that can lead to massive misdirection and disregard to legit FUD. One good example is how China can actually try to stop the project for being "good".

>>29587091
very goooooooooddddd

>>29574459
Requesting a name change to CHADDANO

Should I sell my 10 LINK and 25 AVAX for ADA?

>>29582308
>>29582229
>>29585003
Don't worry anon, I didn't forget about you. I had to go eat lunch. Also, putting a single sentence above or below a paragraph for effect does not reddit spacing make. It figures that a redditor such as yourself you would reach like that to try and turn it around, but it won't work.
Anyways, back to explaining why my FUD isn't FUD, but just the truth.
The first problem you have is you only compare ADA to ETH, not the rest of the "ETH Killer" IOT projects, which is their real competition. It's easy to be better than ETH, ETH is dated and has peaked in terms of use-potential . Explain to me how ADA is leaps ahead of these alternative IOT/Crypto 3.0 projects and gossip protocols? >They're all using your precious Haskell programming, too.
What's funny is the industry partnerships of these other projects are significantly stronger than anyone ADA is partnered with. The projects are targeting industry and 1st world banking clientele. Meanwhile Charles is trying to tokenize mud huts and bone jewelry. Like I said, I'm happy to ride the wave of optimism and altruism you guys are fueling for some gains, but I know this project is just reddit cancer that will be surpassed by actual enterprises with institutional backing from actual 1st world countries in less than a decade.

Cheers.

>>29587091
I see you in every thread
Got get some sleep anon
You deserve it

What's a good delegation pool in yoroi?

>>29574997
shut up and fuck off with your fud pajeet

>>29588422
those dubs make a convincing argument

>>29587091
Are you me?

34,123 ada checking in oh god I wish I had more are we gonna make it ?

>>29588706
>Explain to me how ADA is leaps ahead of these alternative IOT/Crypto 3.0 projects and gossip protocols?
ok. which projects are more promising than cardano?
>They're all using your precious Haskell programming
kek. this means nothing
>but I know this project is just reddit cancer
>muh reddit coin
you spend too much time on this board as opposed to observing the fundamentals. it's like crying about s.o.y drinking silicon valley faggots buying apple stock. who gives a shit??
please do sell your stack asap