Cardano’s Initial Coin Offering （ICO） raised 108,845 BTC, initially valued at $62 million, and has grown to a market capitalization of $15 billion.
Points
- Cardano’s ICO raised 108,845 BTC, initially worth $62 million.
- Market capitalization surged to $15 billion.
- The Chang hard fork marks Cardano’s shift to decentralized governance.
- Recent 4.11% price increase and $322M trading volume.
- Strong investor confidence and market interest.
Cardano’s Initial Coin Offering （ICO）, conducted between 2015 and 2017, stands out as a remarkable success story in the cryptocurrency space. The ICO raised 108,845 BTC, which was initially valued at $62 million. Since then, the project has experienced explosive growth, with its market capitalization surging to $15 billion. This impressive ascent underscores Cardano’s success compared to other blockchain projects from that era.
https://twitter.com/WuBlockchain/status/1815310900372664415
The recent Chang hard fork marks a significant milestone for Cardano, signaling its shift to decentralized governance. So far, 18% of validators have updated to this new system. Cardano’s recent 4.11% price increase and $322 million trading volume reflect ongoing investor confidence and market interest.
解説
- Initial Coin Offering （ICO）: A fundraising method used by new cryptocurrency projects to raise capital by issuing new tokens to investors.
- Hard Fork: A significant change to a blockchain protocol that makes previously invalid transactions valid, or vice versa, often leading to
creating a new branch of the blockchain. The Chang hard fork in Cardano’s case marks a shift towards more decentralized governance.
- Decentralized Governance: A system where decisions are made by the consensus of stakeholders or validators rather than a central authority. This enhances transparency and democratization within the network.