Charles Hoskinson, founder of IOG software development team behind Cardano (ADA) blockchain, shares latest updates on its adoption
Cardano, the largest Proof-of-Stake (PoS) network, has taken another crucial step on its path to adoption in the Web3 and DeFi segments. Its inventor, Charles Hoskinson, shares his enthusiasm.
Cardano surpasses 4,000,000 NFTs minted milestone
According to the statement by Mr. Morgan Schofield, head of ecosystem growth at Input Output Global, Cardano’s (ADA) smart contracts platform now hosts four million non-fungible tokens (NFTs).
About 50,000 different minting policies are recorded on the Cardano (ADA) blockchain: most likely, these metrics correlate with the total number of Cardano-centric NFT issuers.
Moreover, the number of “individual” NFTs is far higher, Mr. Schofield adds, as some items actually boast thousands of pictures attached.
Cardano founder Charles Hoskinson is impressed by the number and even admitted getting the real progress of Cardano (ADA) adoption wrong:
Remember when I predicted thousands of assets and DApps on Cardano? Well I was wrong, there are now millions of native assets issued and DApps are now in the hundreds. #SlowAndSteady.
ADA is back above $1, accumulation is gaining momentum
Schofield predicts that the pace of adoption will only increase due to the great scalability of Cardano (ADA) as a platform for tokens of all types.
Meanwhile, as Cardano’s native token ADA is in the green after reclaiming the $1 level, its holders are accumulating again. Per data by IntoTheBlock on-chain info tracker, the two groups are the most active.
Wallets with 10-100 and 100,000-1,000,000 ADA are accumulating aggressively, according to on-chain data.
