/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/
>$345,000,000 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

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

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

-------------------
>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

un-fucking-fuddable

I’m so fucking comfy Ada bros

comfy af

THE Biggest Crypto deal in the history of mankind is happening next month and all /biz/ can think about is their stupid fucking pajeet shitcoins

>>29809134
it's okay anon. they get to spectate from the sidelines

People on /biz/ won't shut the fuck up about ADA now and its extremely bullish. We gettin that FOMO pump soon

>>29810600
Hoping for one last dump this weekend, I wasn't able to buy during the dip this week

>>29810696
The historical resistance was 1.28 which we hit today, I don't know if we're going to bounce off of it again or if we're going to enter price discovery

>>29810696
On second thought check the chart, you should prob buy ASAP because we keep testing 1.28 with higher lows and if it breaks through you're gonna regret it