Ravendex, a non-custodial decentralized exchange operating on the Cardano Blockchain, is launching 10000 Unique Pixelated Bird NFT collection on the Cardano network. Unlike most of the non-fungible tokens, the RAVE NFT collection will have real utility within the Ravendex ecosystem. For instance, holders from the collection can stake their NFTs to earn rewards in the form of $RAVE tokens. $Rave is the utility token powering the Ravendex ecosystem which has multiple utilities and use cases like staking, yield farming, governance. The token currently trades on Bitmart Exchange which pulls over $1million worth of trade volume daily. $RAVE’s daily performance puts it among the leading brands on the Cardano native tokens by daily volume. In addition, users can also mint their NFTs on Cardano by simply paying just 1/4th of a dollar as gas fees. As of now, over 7% of the total NFTs have already been minted. The decentralized exchange intends to launch the Automated Market Maker (AMM) Powered DEX before the end of the second quarter of 2022. Ravendex also entered a strategic collaboration with World Mobile Token to enable it to reserve an Earth Node that will “bring Internet access to remote areas in Africa,” the majority of whom are struggling with reliable access to the Internet.

The post Ravendex Launches Rave NFT Collection on Cardano Blockchain appeared first on Cryptoknowmics-Crypto News and Media Platform.

SINGAPORE, Jan 20, 2022 - (ACN Newswire) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic blockchain partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles in collaboration with our strategic partners on what you need to know about them in the year 2022, starting with Cardano (ADA).
Since August 2020, Moonstake has been a strong staking provider for ADA staking, Cardano's native cryptocurrency, as a strategic partner of EMURGO, the official commercial arm of Cardano. Recently, the group leading Moonstake's development, Infinity Blockchain Group, was acquired by EMURGO to strengthen EMURGO's strategic resources & accelerate research into the interoperability of Cardano with other blockchains.

As for Cardano, last year the blockchain underwent tremendous development updates and accomplished many great milestones. The network became fully community-governed and operated in April and launched public support of smart contracts and thus, DeFi applications in September with the launch of Plutus and the gradual rollout of the Alonzo update. In this article, we will be interviewing our partner EMURGO about what is in store for the Cardano ecosystem and its user community in 2022.

Q1 Which 2021 achievements are you the most proud of?

As mentioned, 2021 was a tremendous year for EMURGO and the Cardano ecosystem, with highlights such as the successful rollout of smart contracts to Cardano's network, a big increase in Yoroi Wallet adoption, and plans to release new EMURGO products such as Yoroi's dApp Connector which will greatly facilitate Cardano ADA user interaction with Cardano ecosystem dApps such as DeFi and NFTs.

In particular, EMURGO is proud of establishing a $100 million Cardano ecosystem investment vehicle comprising two entities - EMURGO Ventures and EMURGO Africa - to invest into early startup and growth stage companies that will build Cardano-based solutions.

EMURGO Ventures focuses on developed markets outside of Africa to facilitate the building of solutions and services on Cardano with seed investments into a variety of Cardano-focused startups and middleware solutions companies, including those building decentralized financial services (DeFi), non-fungible token (NFT) projects, blockchain developer education tools, and other decentralized applications.

EMURGO Africa's goal on the other hand is to ultimately support more than three hundred African startups through seed funding and incubation, and have Cardano's blockchain adopted as the technological platform standard in Africa for socially impactful solutions. For its launch to achieve this goal, EMURGO Africa partnered with Adanian Labs, a successful venture building studio operator in Africa, to support impact driven startups expanding the Cardano ecosystem across the continent; and Adaverse, a Cardano-focused joint accelerator program in Africa.

EMURGO's new Cardano investment vehicle will greatly enhance and support the development of socially impactful solutions utilizing Cardano's green blockchain technology, ultimately providing benefits to both developers and society.

For more information, please feel free to reach out to [email protected]

Q2 What measures are you going to take in 2022 to further increase adoption of Cardano?

EMURGO has many exciting things in store for 2022, including the official release of Yoroi's dApp Connector, and more cool features for Yoroi to enrich the Cardano ADA user experience in a rapidly expanding Cardano dApp ecosystem.

We are also highly looking forward to cultivating the Cardano NFT ecosystem and community with the launch of our own Cardano-based NFT marketplace, Fiborite, scheduled to come soon in early 2022.

Artists and musicians are encouraged to pre-register for the launch of Fiborite by going to the official site here (http://www.fiborite.io/) and follow Fiborite on Twitter at @FiboNFT.

As a founding entity of the Cardano blockchain, EMURGO's Cardano NFT marketplace Fiborite is uniquely positioned to offer the Cardano community and global artists the chance to easily mint, buy, and sell NFTs using Cardano ADA directly on the marketplace. Those unfamiliar with NFTs will be able to easily use Fiborite's simple and user-intuitive UX to either mint, buy, or sell NFTs of their choosing.

Additionally in 2022, EMURGO will also provide DeFi services built on Cardano directly through Astarter, including decentralized exchange (DEX), IDO launchpad for token projects building on Cardano, and more to come. This will provide more liquidity and utility for Cardano ADA users and make it easier for projects to utilize Cardano.

Q3 What can users expect from Cardano in 2022?

Users can expect Cardano to continue its consistent development with new dApps and technical upgrades now that Cardano has become fully decentralized with staking rewards given and smart contracts supported. Cardano is also looking to introduce Layer-2 scaling solutions such as Hydra to increase throughput and allow easier mainstream adoption of Cardano's scalable, sustainable, and interoperable third-generation blockchain. Users can follow Cardano's development roadmap with status updates at https://roadmap.cardano.org. EMURGO will also continue to support the development of Cardano's ecosystem through solutions development, Yoroi Wallet feature upgrades, developer education courses, and investments. Please follow EMURGO on Twitter @emurgo_io to always receive the latest news.

Moonstake is proud to be strategic partners of EMURGO and the Cardano blockchain. We will continue to maintain strong support for the ever growing and developing Cardano ecosystem and hope to bring even more great value to ADA and crypto users worldwide in 2022 to help accelerate adoption of the Cardano and Moonstake ecosystems together.

About Moonstake

As a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.

Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.

So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Cardano and its official commercial arm EMURGO, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company "OIO Holdings Limited" on the Singapore Stock Exchange and we are working to further expand Moonstake's businesses and improve our visibility. https://www.moonstake.io/

About EMURGO

EMURGO is the official commercial arm of Cardano and provides socially impactful solutions to solve some of the most intricate problems of organizations. As a founding entity of the Cardano protocol, EMURGO is able to leverage its abilities for large-scale blockchain development and rapid solutions deployment to benefit its global clients.

EMURGO has offices in Singapore, India, and Indonesia, and a roster of global clients & partners. To connect and learn more, visit https://emurgo.io.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAs we begin the new year 2022, Moonstake as well as our strategic blockchain partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles in collaboration with our strategic partners on what you need to know about them in the year 2022, starting with Cardano (ADA).

One of the most common problems regarding the cryptocurrency industry is that of the inability to effectively convert tokens into other types. It’s well and good for projects like Ethereum (ETH) or Solana (SOL) to offer great products and services, however it is equally important to be able to provide a functionality wherein users can [...]

The post Cardax: Strives To Take Advantage Of Cardano ERC-20 Converter appeared first on Blockonomi.

Cardano (ADA) is ignoring the overall cryptocurrency markets with sizeable rallies over the past week while Bitcoin consolidates near the $40,000 mark. Earlier this week, Sundae Swap, a decentralized exchange (DEX) built on Cardano, announced it was ready to go and planning on launching this Thursday. The launch features five rounds of ISOs available for […]

The post Cardano Takes Off On DEX Launch, ADA Up 35% In a Week appeared first on Coin Bureau.

Cardano’s (ADA) price increased dramatically over the past few days largely because of the prospect of Dapps launching on the 3rd Generation proof of stake blockchain. Cardano for a long time has been under intense pressure and backlash over the lack of useable dApps but that would be changing in the near future, Ravendex, a […]

With launch of the Decentralized exchange, SundaeSwap, last Thursday, Cardano (ADA) prices are booming despite the gray clouds on the crypto-verse. SundaeSwap is the first DeX on the Cardano blockchain. The ADA price jumped more than 30% in the past week resulting in the breakout of a double bottom pattern. Therefore, the recent reversal in

The post Cardano Price Analysis: ADA Price Chart Shows Increasing Selling Pressure, Time To Sell? appeared first on CoinGape.

The crypto market is bearish as a whole. Oil prices jumped in the past…

The post Market highlights January 18: Cardano continues to rally, oil toys with 52-week high appeared first on Coin Journal.

It’s been a pretty good start to the week for the Cardano (ADA)! Despite the broader market correction, the cryptocurrency continues to move north with another 8% gain. As of press time, Cardano’s ADA is trading at a price of $1.60 with a market cap of $53.4 billion. With the recent price rally, Cardano has

The post Cardano (ADA) Dodges Broader Market Correction With Another 8% Gains appeared first on CoinGape.

EMURGO, the official commercial arm of Cardano and the Cardano Foundation, overseer of the Cardano blockchain, announced the launch of a project that will see the two organizations combine efforts and resources to foster the development of a community-generated and maintained tool stack to support the Cardano ecosystem and accelerate decentralized application development. The project […]

The post EMURGO to develop new dApp tool stack for Cardano blockchain appeared first on CryptoNinjas.

The smart contracts platform Cardano (ADA) is up 8% in the last 24 hours as more projects go live on the network.