Cardano launches new portal for developers

In its latest DeFi innovation, the Cardano Foundation has announced the launch of a new developers’ portal aimed at helping draw developers to the network and lowering barriers to entry.

The announcement was posted in a string of tweets, and revealed a host of resources and tools for new developers wishing to use Cardano.

A glimpse inside the new toolbox uncovers a wealth of innovations for the network – a simple mechanism to facilitate Cardano (ADA) wallet integration into websites and mobile applications, a new creator tool allowing developers to mint NTFs and other tokens without intricate knowledge of smart contract programming, staking tools, and a clever transaction tracker that monitors metadata.

NFTs are a huge component of the modish portal, and the Cardano Foundation is clearly hedging its bets on NFTs as an exciting future-proof digital-asset.

Indeed, NFTs played a big role in this launch – to celebrate the creation of the portal, Cardano unveiled and minted the World’s first 10 NFTAs (non-Fungible Tokens of Appreciation).

What is Cardano?

Cardano is a project that began in 2015 as an effort to change the way cryptocurrencies are designed and developed. The overall focus is to provide a more balanced and sustainable ecosystem that better accounts for the needs of its users as well as other systems seeking integration – a key feature for mass adoption.

Cardano was conceptualised and founded by Charles Hoskinson – one of the co-founders of Ethereum (alongside Joseph Lubin and the iconic Vitalik Buterin) – and is composed of the Cardano Foundation, InputOutput HK (IOHK), and EMURGO.

Cardano’s native ADA token can be used to send and receive digital funds. This digital cash represents the future of money, allowing fast, direct transfers that are guaranteed to be secure through the use of cryptography.

The goal of the ADA token is to be a completely new and decentralised form of digital cash that can be used to build powerful dApps, giving life to the whole Cardano ecosystem. Key features include:

• Real-time settlement (60 seconds)
• Cryptographically secure transactions
• Decentralised digital cash
• Power smart contracts built in the Cardano Network
• Stake ADA to earn rewards and fees

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