Cardano Dan's Newsletter - Issue #100
We Are Cardano
Quote of the Day
"We're Cardano, and if you'll permit us, we would like to change the world."
― Charles Hoskinson
This is my 100th newsletter! 4 times a week starting in February this year, I’ve been sharing my thoughts with all of you about notable news, Cardano and its cryptocurrency ADA.
Each newsletter takes me 2 to 4 hours to research, pull together and write. Why would I spend so much time doing this? Because I’m passionate about this project and how it can (nay, will) change the world; it’s a way that I can contribute to the ecosystem in a positive way; and it’s part of my strategy to grow my initiatives within the ecosystem. So far so good.
I’ve met so many wonderful people and friends along the way. I can’t thank you all enough for your words of encouragement and shows of support. Here’s to changing the world for the better together!
In The News
Cardano has a variety of important dates coming up to keep on your radar:
Cardano 360 Monthly Update - August 26th
Alonzo Hard Fork - September 12th
Cardano Goguen Summit - September 25th - 26th
Things are going to start moving very very quickly once smart contracts go live. I hope you all are ready! Buckle up!
CoinDesk published an interesting opinion piece about an interview with Gary Gensler published in the Wall Street Journal this morning.
It talks about “decentralization theatre” (project claiming to be decentralized but that actually aren’t) and how “Gensler does actually seem to understand the distinction [between decentralization and centralization], which could be a huge boon for genuinely decentralized DeFi systems.”
I personally think that Cardano falls into that category and I’m hopeful that will be proven true over time. Definitely check out the article.
Cardano Updates
As more than 400 of you already know, a very VERY generous supporter is giving away a Space Budz to celebrate the 100 editions of my newsletter!
If you’re reading this and not yet entered, you’ll want to click on the tweet below, retweet, subscribe to my newsletter, and follow budzdegen.
Space Budz are one of the most valuable and sought after Cardano NFTs and that little Candle Cat below is worth a pretty penny… I mean pretty ada.
Input Output released a new blog post about the Cardano Stack Exchange. Development talent and experts are encouraged to gather there as a developer hub to be a resource for developing and building DApps and smart contracts on Cardano.
Technical Analysis / Price Discussion
Some things are just meant to be.
Earlier today when I checked in on the markets during lunch, things felt very bullish. That feeling proved right and we’ve seen quite quite a run today. We’re currently on the precipice of new All Time Highs!
At the time of writing, ADA is within 5% of prior ATHs while Bitcoin remains 28% away from ATHs and Ethereum remains 28% below prior ATHs.
This is not an accident. Cardano is about to release superior smart contracts on the most decentralized blockchain that will release Peer to Peer networking and the best governance with the most engaged community in crypto.
I am literally sitting on the edge of my seat with anticipation for the rest of this year.
This newsletter is for entertainment and educational purposes. I’m not a financial advisor and you should do your own research and consult a financial advisor before investing in cryptocurrencies.
Congrats dear Dan from AUSTRIA, thx for your great work!!! 🙏
Congrats !! I have been learning so much from you in a very short period of time so thank you !! Still very new to crypto but ada was my 1st investment a little over a month ago , just wish I’d got more. My question to you is what’s a good price to buy more ? Wait for a slight dip closer to $2 or are we not getting close to that again ?