The popularity of the cryptocurrency market today is a consequence of free printed money that has nowhere to spend.
A few years ago, no one seriously considered cryptocurrency assets as serious competitors for other investment instruments (in particular, gold and stocks). 2020 made us look at the situation from a different angle – the capitalization of the crypto market exceeded the previous record by more than 100%, and large players and corporations paid attention to digital assets. In this article, we will look at the simplest and most effective tools.
What is EMURGO and how is it useful
EMURGO is a global technology company providing solutions for developers, startups, companies and governments. Since its founding by Ken Kodama in 2015, he has been developing enterprise-grade applications, building developer tools, investing in startups, and teaching blockchain.
Work with experienced tutors in many fields, offering customized courses for university students, professionals, companies and beginners.
About Daedalus and its benefits
Daedalus is an ADA cryptocurrency wallet. Daedalus ensures that the private keys are under the control of the client, they are never sent or stored outside the client’s device. It also has backup/restore features to restore your funds if needed.
The functionality of the wallet is very simple, there are no complex functions and advanced modes. Perhaps in the future, as the developers promise, all this will be built into the wallet, but now it only performs the basic functions: storing, sending and receiving Cardano (ADA).
About ADAX and its features
We are very excited to demonstrate that the ADAX trustless protocol will enable censorship-resistant token exchanges within the Cardano ecosystem, take full advantage of “social sentiment” trading tools, and provide ample asset liquidity through unique liquidity pools. Over the past three months, our team of experienced developers and finance professionals have been working tirelessly to reach this milestone. Now we can proudly say that we are on the right track.
ADAX is optimized to be economical and average. ADAX users can transact smart contracts instantly and at a fraction of the cost of the Ethereum network. ADAX also has no order book – all middlemen and cumbersome procedures have been removed from the equation, giving users unlimited freedom to trade without ever giving up control of their assets.
What is Cardax
Cardax is a DEX based on the Cardano ecosystem. Cryptocurrency exchange that uses a new version of Automated Market Maker (AMM) called Extended Automated Market Maker (EAMM). DEX has some interesting design options to look out for.
Cardax, as stated in its whitepaper, aims to provide liquidity for projects issuing native tokens on Cardano. It’s similar to other DEXs, but since it’s Cardano, there’s a bit more interest in developing it. Also attractive is the fact that it has a unique design in the form of the EAMM protocol.
To give you a better idea of what makes Cardax different, it’s worth considering what an EMA is before explaining the Cardax protocol.
What is AdaSwap
Get access to the best Cardano exchange platform as soon as it launches!
- Low fees used by the Cardano network
- Staking rewards for ASW token holders
- Exclusive token giveaways based on Cardano
- Secure transactions with the largest PoS blockchain
- Instant swaps and liquidity
- DAO management using ASW tokens
At the heart of the platform is the AMM (Automated Market Maker) utility, which provides decentralized and non-custodial market creation for liquidity providers, built and used on top of the Cardano blockchain infrastructure. It will be revolutionary, based on our own free finance model, and will change not only DeFi, but the whole world.
What is MeowSwap
MeowSwap is the next leading decentralized exchange (DEX) on Binance Smart Chain, Polygon and Solana focused on delivering a premium trading experience. It is managed by a team of experienced people who will work with transparency and fairness, just like in real companies.
MeowSwap is not afraid to risk itself due to the high costs of conducting Certik Audit and KYC at Rugdoc. This bold move aims to assuage investors’ concerns by openly touting the potential for adverse consequences in the event of a scam.
They flaunt transparency in all their advertising and they have proven it. Cryptocurrency is rooted in transparency. How transparent can MeowSwap be?
One of the great qualities of this fresh DeFi is the straightforwardness of their plans, which can be seen on their roadmap:
What is ADA
ADA tokens are the currency of Cardano, a promising currency that has every chance of becoming the most advanced cryptocurrency in the world. Just three months after launch, ADA has become very popular.
Security and privacy in some cases surpasses the tools of other cryptocurrencies.
According to all forecasts, the Cardano cryptocurrency will come close to the market leaders in its ratings.
