CCV founder says Cardano (ADA) is a sleeping giant

Crypto Capital Venture founder explained how the Cardano project is a big picture in this industry instead of a simple crypto asset based blockchain network. 

Cardano is a 7th ranked crypto asset. After the introduction of Alonzo Hardfork in the Cardano mainnet, the Cardano ecosystem got one by one new Defi Protocols deployment numbers growth. Right now more than 1,000 Defi protocols are working to get started with Cardano decentralized blockchain Network. 

On 18 February, Dan Gambardella, founder of Crypto Capital Venture (CCV) and also an operator of Cardano pool, shared his stance on Cardano blockchain Network on Twitter. 

Dan said that the majority of the people in this industry don’t know exactly what Cardano is. He also added that Cardano is made to provide a real global decentralized financial infrastructure to this world. And the team behind the Cardano Blockchain is also working rapidly on the same initiative. 

“This is huge, bigger than what most are focused on right now…$ADA is the biggest sleeping giant in crypto.”

Cardano working with uniqueness 

CCV founder pointed out a real fact that people don’t know about the Cardano project. But if we look at the development works then we will come to know easily that Cardano is working to make its ecosystem better to use instead of remaining as a crypto project. 

Right now IOHK, the developer team behind Cardano, is working on those factors which are not necessary for the Defi ecosystem, for which users are paying fees for no reason on the Ethereum blockchain network. 

And also to solve the scalability issues, developers are working to introduce the Hydra concept to bring faster and high scale transactions at very low fees. It is expected that people will be able to use the Cardano on Hydra concept by the end of this year to facilitate micropayments.

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