Verified OGs:
6
CryptoFam:
104
Projects:
21985
BTC:
$104945
0.05%
ETH:
$3313.53
-0.73%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.81T
Fear&Greed:
75
Cardano ADA
$0.990784 0.14%
OG Score 23.99
Reviews 6
TBA 0
Cardano ADA Price
$0.990784 1.9%
Low All Time High
$0.01925275 $3.09
About Cardano

Cardano, founded in 2017, operates on a scientifically grounded approach, utilizing the Ouroboros proof-of-stake mechanism and ADA as its native token... More

OG Score 23.99
Reviews 6
Market Cap $35.57B
Market Cap Rank # 9
Token Stats
Fully Diluted Valuation $44.61B
24H Trading Volume $473.68M
24H Low / High $0.97 / $ 0.99
Circulating Supply 35.89 B
Total Supply 45.00 B
Max Supply 45.00 B
Info
Categories Smart Contract Platform 5 more
Founder Charles Hoskinson
Website cardano.org
Socials
Chains Cardano Ecosystem
ADA Price Chart
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OG Evaluation

OG Score
Reviews 6
OG Score Rank #87
Gem Score 9.6
Innovation 12 .20
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 17 .08
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 42 .08
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 17 .48
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 29 .55
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 27 .32
Roadmap Considering all the points you have evaluated, especially the market cap, what is the potential of this project to be considered a 'gem'?

OG Reviews

Markets

Exchange Pair OG Score TBA 24h Volume

About Project

About Project
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What is Cardano (ADA)?

Cardano is a decentralized platform that enables secure and scalable programmable value transfers. It's one of the first blockchains built in the highly secure Haskell programming language. It aims to offer more advanced features than previously developed protocols and takes a scientific and research-based approach. Its development team comprises a large global community of expert engineers and researchers.
Cardano's Vision: The platform aims to empower changemakers and innovators for positive global change. It focuses on redistributing power from centralized structures to individuals, fostering a society that's more secure, transparent, and fair. Founded in 2017, it's named after 16th-century polymath Gerolamo Cardano, with its native ADA token honoring mathematician Ada Lovelace.
Cardano Features: Cardano is an open-source, smart-contract-enabled Layer-1 blockchain based on peer-reviewed academic research. It utilizes a Proof-of-Stake (PoS) consensus mechanism known as Ouroboros. The native token, ADA, can be used for stake pools or delegated to existing stake pool operators to contribute to block production and network security.
Cardano's Position: As a third-generation decentralized blockchain platform, Cardano uses a proof-of-stake consensus mechanism and supports smart contract functionality for decentralized applications (dApps). ADA, the blockchain's native token, ranks high in market value and is popular among digital asset investors due to its potential for significant real-world applications. The network's long-term vision is to enhance security, scalability, and sustainability to facilitate real-world blockchain technology applications.

What is unique about Cardano (ADA)?

Cardano (ADA) stands out for being built in the Haskell programming language, employing a research-based approach and Ouroboros, a Proof-of-Stake (PoS) consensus mechanism, enabling smart contracts for dApps.

Who are the founders of Cardano (ADA)?

Cardano (ADA) was founded by Charles Hoskinson, one of the co-founders of Ethereum, and a team of global engineers and researchers.

Who are the backers/investors of Cardano (ADA)?

Cardano (ADA) has garnered support from various entities and communities, including the Cardano Foundation, Emurgo, Gene Simmons, Julian Sarokin and a growing community of digital asset investors.

What is the consensus mechanism of Cardano (ADA)?

Cardano (ADA) utilizes a Proof-of-Stake (PoS) consensus mechanism named Ouroboros, where ADA token holders can delegate or stake their tokens to support network security and block production.

Where can I buy Cardano (ADA)?

 BinanceCoinbase ExchangeOKXKuCoinKraken

What are Cardano (ADA) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Cardano ADA. To access these ratings, evaluations, and comments, click here.

How to mine Cardano (ADA)? How can I stake Cardano (ADA)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Cardano (ADA)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Cardano (ADA) is ($35,886,473,001), max supply of Cardano  ADA is ($45,000,000,000) and the market cap of Cardano  ADA is ($35,574,272,849)

What is the Cardano (ADA) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Cardano (ADA)?

The current market price of Cardano (ADA) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Cardano (ADA) a good investment?

It is important to do comprehensive research before deciding whether Cardano (ADA) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Cardano ADA) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Cardano (ADA) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Cardano (ADA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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