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Cardano Ecosystem

Blaze Trends

10/30/2021

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Cardano signs an agreement with the government of Burundi!

As we know, a few weeks ago, the boss of Cardano went on tour in Africa. The goal? With this tour, Charles Hoskinson wishes to forge partnerships between the governments of certain African countries and the Cardano blockchain. Done...

Cardano signs an agreement with the government of Burundi!

As we know, a few weeks ago, the boss of Cardano went on tour in Africa. The goal? With this tour, Charles Hoskinson wishes to forge partnerships between the governments of certain African countries and the Cardano blockchain. Done ! He has just signed a partnership with the government of Burundi!

Many analysts agree that the future of crypto and blockchain goes through Africa! In any case, the creator of Cardano is convinced of it! Charles Hoskinson has thus started a tour of several weeks in Africa! A first major partnership has just been signed …

The African Cardano tour!

Charles Hoskinson, like many, sees Africa as a future big blockchain player. Blockchain effectively meets a lot of needs for economies and systems that are still fragile. In addition, African countries are already at the forefront of blockchain and crypto.

Before Burundi, Charles Hoskinson went to the Zanzibar side. Little has filtered out regarding this visit. But the first success is to be noted in Burundi! Charles Hoskinson thus signed a partnership with the government of Burundi. This success was also relayed by Charles Hoskinson himself on Twitter. He posted a photo during the signing of the agreement. The previous partnership of this importance was signed with Ethiopia in April 2021.

“Nice meeting with His Excellency President Évariste Ndayishimiye on the future of Burundi’s digital transformation. »Charles Hoskinson, creator of Cardano

This agreement has sparked some criticism on the web. In particular, some people hostile to the current government in Burundi raised their voices on social media. However, as others have pointed out, any public partnership must go through the agreement of the government, whatever it may be.

The price of Cardano in stagnation

This agreement is part of a tour that aims to forge as many partnerships as possible. Charles Hoskinson thus intends create a call for air for its Cardano blockchain, more energized than ever. Why ?

In recent months, rivals like the Solana have literally exploded to the point where they are in a position to threaten the Cardano. Only 6 million euros now separate the capitalization of Solana (6th global crypto) with that of Cardano (5th global crypto). THE’gap between Cardano and Solana has never been so tight. In front of him, the Cardano also sees Ethereum flying away, which has just beaten a new ATH!

At the time of writing this article, the price of Cardano is $ 1.76. It is stable over the last 24 hours while the Solana and Ethereum are in green. Over the last 7 days, however, it is down almost 7%, which is worse than its rivals. A price boost would therefore be welcome! What if this boost came from the Africa tour?

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