{"id":164697,"date":"2022-10-02T17:37:13","date_gmt":"2022-10-02T17:37:13","guid":{"rendered":"https:\/\/precoinnews.com\/?p=164697"},"modified":"2022-10-02T17:37:13","modified_gmt":"2022-10-02T17:37:13","slug":"ada-there-are-currently-1113-projects-building-on-cardano","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ada-there-are-currently-1113-projects-building-on-cardano\/","title":{"rendered":"$ADA: There Are Currently 1,113 Projects Building on Cardano"},"content":{"rendered":"

As of Friday (September 30), there are 1,113 projects powered by Cardano, but that\u2019s just the tip of the iceberg as fr as good news you will hearing about in this article.<\/p>\n

As Olga Hryniuk, who works in the Marketing and Communications department of\u00a0IO Global\u00a0(IOG), the blockchain technology firm responsible for the development of Cardano ($ADA),\u00a0reported on September 30 in her company\u2019s latest Cardano Weekly Report, there are currently (as of the date of the report) 100 projects launched on Cardano, 1,113 projects building on Cardano, 6.1 million tokens, and 3,307 Plutus scripts; also, there have so far been over 50.3 million transactions. <\/p>\n

<\/p>\n

On September 22, Input Output Global (\u201cIOG\u201d), the blockchain technology company behind Cardano\u2019s R&D, announce that at 9:44 p.m. UTC on that day IOG and Cardano Foundation successfully hard forked the Cardano mainnet via the Vasil hard for combinator (HFC) event, thereby bringing \u201csignificant performance & capability enhancements\u201d to Cardano. They also mentioned that \u201con September 27, at the start of the new epoch, the new Plutus V2 cost model will be active on the chain, thus opening up full\u00a0#Vasil\u00a0functionality for the developer community.\u201d<\/p>\n

Then, on September 27, IOG announced that Vasil\u2019s new features and enhancements (including node & CLI support for reference inputs, inline datums, reference scripts) as well a the Plutus V2 cost model had just become available on the Cardano mainnet. They also mentioned that \u201cearly reports from DApp developers are very promising.\u201d<\/p>\n

One of the reports\u00a0was from Cardano-powered NFT marketplace Artano. Here is what the Artano development had to say about their early findings:<\/p>\n

\u201cFor Artano, Vasil features provide significant benefits in reducing the transaction size and market operations fees (ie NFT buying and bidding)\u2026<\/em><\/p>\n

<\/p>\n

Then, on September 29, MuesliSwap, which claims to be \u201cthe first native, scalable decentralized exchange on Cardano\u201d, announced that after launching their Plutus V2 scripts, they are seeing \u201csome amazing benchmarks.\u201d<\/p>\n

Unfortunately, as IOG Co-Founder and CEO Charles Hoskinson pointed out yesterday, despite all the impressive progress that Cardano has made along its development roadmap, there are some in the crypto space that still continue to dismiss Cardano\u2019s many accomplishments and allege that Cardano has \u201cdelivered nothing.\u201d <\/p>\n

Image Credit<\/h2>\n

Featured Image via\u00a0Unsplash<\/em><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As of Friday (September 30), there are<\/p>\n","protected":false},"author":3,"featured_media":164696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n$ADA: There Are Currently 1,113 Projects Building on Cardano - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/ada-there-are-currently-1113-projects-building-on-cardano\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$ADA: There Are Currently 1,113 Projects Building on Cardano - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"As of Friday (September 30), there are\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ada-there-are-currently-1113-projects-building-on-cardano\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-02T17:37:13+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/10\/ADA-There-Are-Currently-1113-Projects-Building-on-Cardano.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ada-there-are-currently-1113-projects-building-on-cardano\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ada-there-are-currently-1113-projects-building-on-cardano\/\",\"name\":\"$ADA: There Are Currently 1,113 Projects Building on Cardano - 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