Champ Medici, a crypto investor and NFT artist, used to express his strong belief in an altcoin project and its founder, Charles Hoskinson. NFT artist Champ Medici has briefed on upcoming music content for Cardano (ADA). Champ Medici may gain greater power in the Cardano network as a result of the upcoming release.
Son of Snopp Dogg supports this altcoin project
Cozomo Medici, known by the alias Snoop Dogg, and his son Champ Medici started their official collaboration with Cardano-based NFT project Clay Nation in April, bringing the iconic Cardano It featured animations, terrains, and unlockable music content. More than five million NFTs have been printed on the Cardano network. The number of native assets published on the Cardano blockchain is currently 5,030,192, with 54,897 different issuance policies, according to pool.pm data. The increase in the number of NFT projects is due to the expansion of the Cardano network. According to CoinMarketCap data, the altcoin currently stands out as the sixth largest cryptocurrency with a market cap of $22.29 billion.
, ADA price on May 27 It fell as low as $0.44 before recovering. ADA has had its fourth consecutive day of positive price activity. According to the latest statistics about the network shared by IOHK, currently, 986 projects are being built in Cardano. A total of 88 projects have been launched in Cardano recently, while the number of NFT projects has risen to 5,727. Talking about the recent price increase in ADA, on-chain analytics firm Santiment noted a corresponding increase in development activity, saying:
Cardano has been one of many altcoin projects that got off to a great start to the week. Development activity reached ATH levels as ADA’s team tried to innovate while prices were suppressed.
The Cardano ecosystem continues to grow and evolve
As we reported on Kriptokoin.com, the Cardano blockchain can create, interact with, and natively create private tokens. can delete. Native indicates that users can interact with these custom entities without having to use smart contracts. In 2020, Cardano founder Charles Hoskinson said that the Cardano ecosystem will witness growth as there will be “hundreds of assets, thousands of dApps, tons of interesting projects, and many unique and useful ones.”
Hoskinson reconsidered his 2020 forecast, noting that there are millions of assets printed in Cardano, while responding to a critic who argued that his forecast was unfulfilled. The Cardano network has now seen more than five million NFTs printed.
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