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Cardano (ADA): Cryptos that could be good investments
El_K
Member, Swaye's Wigwam Posts: 1,486 
Do you research. Invest only what you can afford. Not financial advice.
it is cheap though!
Cardano Report Highlights
- Still lacks smart contracts despite being originally announced for 2020. The new release is scheduled for October 2021
- Faces a severe lack of users with both Binance Smart Chain and Ethereum having more than 10x the amount of daily transactions
- Consensus algorithm, Ouroboros, has lost its competitive advantage and its unique smart contract language, Plutus, is likely to slow down developer onboarding.
Due to their lack of technical growth, other base layer blockchains are outpacing Cardano (ADA) in both usability and market share.
Grade C
Market Opportunity
5.8
Underlying Technology
6.5
Ecosystem Structure
5.5
Core Team
6.5
Token Economics
8.0
Token Performance
6.0
Roadmap Progress
4.0
it is cheap though!
Cardano Report Highlights
- Still lacks smart contracts despite being originally announced for 2020. The new release is scheduled for October 2021
- Faces a severe lack of users with both Binance Smart Chain and Ethereum having more than 10x the amount of daily transactions
- Consensus algorithm, Ouroboros, has lost its competitive advantage and its unique smart contract language, Plutus, is likely to slow down developer onboarding.
Due to their lack of technical growth, other base layer blockchains are outpacing Cardano (ADA) in both usability and market share.
Grade C
Market Opportunity
5.8
Underlying Technology
6.5
Ecosystem Structure
5.5
Core Team
6.5
Token Economics
8.0
Token Performance
6.0
Roadmap Progress
4.0
Comments
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Cardano is my long play coin. I have profited very well from it so far and I think over the next couple years it will get pretty crazy.
