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Charles Hoskinson claimed that there would be hundreds of assets, thousands of dApps on Cardano

IOHK CEO Charles Hoskinson has stated that there will be hundreds of assets, thousands of dApps, and tons of exciting projects on Cardano. Furthermore, Cardano has also expanded access to ecosystem with Nexo and Orion partnerships.

Cardano founder Charles Hoskinson poorly aged tweet has reignited the “ghost chain” debate

Now that Ethereum holders and other Cardano skeptics claim that none of this has actually happened, there are only two weeks left to hit the ambitious goals. However, Hoskinson actually claimed that there were “thousands” of assets on Cardano in response to the flood of retweets.

“This time next year I predict there will be hundreds of assets running on Cardano, thousands of DApps, tons of interesting projects, and lots of unique use and utility. 2021 is going to be so much fun watching Cardano grow and evolve. The community is definitely ready to innovate,” he tweeted.

This Proof-of-Stake blockchain added native ADA tokens back in March following the launch of the much-anticipated Mary hard fork.

While there are indeed 6,859 assets on the Cardano blockchain, only two of them log more than 10,000 transactions per month (spacecoins and ADAX).

charles-hoskinson-claimed-that-there-would-be-hundreds-of-assets-thousands-of-dapps-on-cardano

Source: Cardano Assets

The overwhelming majority of tokens issued on top of the chain see no activity at all. Cardano is set to fully deploy its smart contract capabilities – which will allow it to host a range of decentralized applications – in early September.

Cardano expands access to ecosystem with Nexo and Orion partnerships

Input Output Hong Kong is expanding the Cardano ecosystem through partnerships with Nexo, a cryptocurrency lending platform and decentralized finance liquidity aggregator Orion Protocol.

Nexo users will be able to buy and sell ADA, earn up to 8% interest, and borrow against ADA from 6.9%. A full blockchain integration of Cardano on Nexo is under way.

“Interoperability is essential to further mainstream adoption of blockchain and cryptocurrency and our partnership with Nexo is another step towards that journey,” said Romain Pellerin, chief technology officer at Input Output Hong Kong. “This partnership will not only allow ADA holders to manage their portfolio, but will let users purchase ADA directly with fiat or with crypto on the Nexo Exchange. Bringing Nexo into our growing ecosystem will give the Cardano community even more options and fluidity for ADA.”

Furthermore, the partnership with DeFi liquidity aggregator Orion Protocol aims to integrate Cardano into its trading terminal and enable Cardano users to buy and sell cryptocurrencies. This follows a partnership between Cardano and China’s Nervos to launch a cross-chain bridge to connect the two networks and allow users to transact in ADA and CKB (native token of Nervos).

The partnerships come in the midst of Cardano’s three-phase Alonzo upgrade. The upgrade will bring smart-contract functionality to the blockchain and enable DeFi applications for the first time.

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