CSWAP DEX is born from a grassroots movement and community-driven passion.

We believe in transparent business practices and an engaged product development lifecycle. The CSWAP community is part of the team. We are merging DEX functionality NFTfi powered by an advanced AMM.

On CSWAP DEX, there will be interesting opportunities unavailable elsewhere. Our innovative approach to decentralized finance will delight users.


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CSWAP

<p><strong>DISCLAIMER:</strong> This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please <a target="_blank" href="https://finbold.com/breakthrough-cryptos-of-2024-dtx-exchange-dtx-dominates-cardano-ada-and-zksync-zk/#disclaimer">click here</a>.</p><div>
 <p>With notable advancements and capital influx in the crypto sector, Cardano (ADA) and zkSync (ZK) have emerged as the breakthrough cryptos of 2024, poised to witness high gains. What dominates the ADA price prediction and ZK scaling solution is DTX Exchange – an emerging ICO stage project set to revolutionize the tradFi sector and surpass the legacy exchanges with its industry-backed features. </p>
<h2 id="h-advancements-in-cardano-ecosystem-can-lead-ada-price-action"><strong>Advancements in Cardano Ecosystem Can Lead ADA Price Action</strong></h2>
<p>Despite the underperformance of the ADA price, the Cardano ecosystem is taking significant leaps to enhance its mechanisms and community engagement. After the recent expansion in Entre Ríos, a central province of Argentina, the project is expected to play a pivotal role in the adoption of blockchain technology and deFi in the market.  </p>
<p>Moreover, the <a href="https://coingape.com/cardano-chang-hard-fork-completion-june-says-founder-charles-hoskinson/" target="_blank">upcoming</a> Chang Hard Fork can enhance the community-driven mechanisms of Cardano, triggering a wave of excitement among users. Moreover, ADA price is expected to display significant action amid surging development activities and the creation of decentralized applications (dApps) on the Cardano blockchain. </p>
<p>These trendlines are pushing Cardano to become a promising investment avenue for high gains in 2024. Leading analysts like Gambardello have embraced a bullish action for ADA price despite its 23% decline over the past month. Like the last bull run, he believes that the ADA price can kick off to key support levels due to the optimism surrounding the ecosystem. </p>
<h2 id="h-zksync-zk-holds-massive-potential-for-new-all-time-high-in-2024"><strong>zkSync (ZK) Holds Massive Potential For New All-Time High in 2024</strong></h2>
<p>zkSync (ZK) is another recently launched project, struggling to maintain its price grounds as the top 10,000 wallets have dumped the holdings after the exchange listing. While negative sentiment surrounds the project, zkSync (ZK) holds massive potential in the long run due to its Ethereum scaling prospects through reduced transaction costs, increased transaction speed, and enhanced security. </p>
<p>With cutting-edge <a href="https://twitter.com/zkSyncTodayHi/status/1795193257070297412" target="_blank">protocols</a> like SyncSwap and Mav Protocol on its chain, zkSync (ZK) will navigate through the listing chaos and gain market stability. As the price point of $0.1870 can serve as a crucial support level, zkSync (ZK) price can gear up to display a promising rebound to new all-time highs in 2024. </p>
<h2 id="h-dtx-exchange-dominates-defi-sector-with-massive-100x-potential"><strong>DTX Exchange Dominates DeFi Sector With Massive 100x Potential</strong></h2>
<p>Among the revolutionary exchanges set to disrupt the trading dynamics in 2024, <a href="https://dtxexchange.com/?utm_source=finbold&amp;utm_medium=Mom&amp;utm_campaign=53" target="_blank">DTX Exchange (DTX)</a> has grabbed significant market traction. The hybrid platform features 1000x leverage and advanced trading features including multi-tier accounts and distributive liquidity pools. Traders can optimize their assets and gain higher market positions with minimum capital using the 1000x leverage offered by the DTX platform. </p>
<p>Among the best features include the platform’s security protocols through blockchain layer 1 technology, letting users engage in secure trading and reliable and speedy transactions. DTX Exchange offers non-custodial wallets to mitigate the risks of any potential security breach and let users maintain full control of their private keys and digital assets. </p>
<p>With over $700,000 raised in stage 2 of the public presale, the DTX Exchange is poised to lead the bullish market recovery with surging demand. DTX token is priced at $0.04. Analysts anticipate a bullish outlook for the token beyond $1 once its presale ends, promising 25x returns for early investors. </p>
<p>Learn more: </p>
<p><a href="https://dtxexchange.com/?utm_source=finbold&amp;utm_medium=Mom&amp;utm_campaign=53" target="_blank"><strong>Visit DTX Presale</strong></a></p>
<p><a href="https://dtxexchange.com/uploads/DTXExchange.pdf" target="_blank"><strong>Read Whitepaper</strong></a></p>
<p><a href="https://t.me/DTXExchange" target="_blank"><strong>Join The DTX Community </strong></a></p> </div>

Finbold

Breakthrough Cryptos of 2024: DTX Exchange (DTX) Dominates Cardano (ADA) and zkSync (ZK)

<p style="margin-left:0px;">Non-fungible tokens (NFTs) redefine digital ownership and authenticity, introducing one-of-a-kind assets in the digital landscape. NFT marketplaces serve as crucial platforms for the exchange of these digital assets, facilitating a new era of digital collectibles and art. Specifically, Cardano’s approach to NFTs highlights unique attributes and advantages within its platform. This article will delve into what NFTs are, how NFTs on Cardano are unique, the NFT marketplaces on Cardano, and more.</p><h2 style="margin-left:0px;"><strong>What is an NFT?</strong></h2><p style="margin-left:0px;">Non-fungible tokens, or NFTs, are unique digital assets that represent ownership and authenticity of a specific item or piece of content on the blockchain. Unlike fungible assets, each NFT has distinct characteristics and metadata that cannot be replicated or substituted on a one-to-one basis, ensuring that no two NFTs are alike. They serve various use cases across different fields, including digital art, where artists can tokenize their works for digital ownership; collectibles, such as virtual trading cards and rare digital items; gaming, where players can own in-game assets as NFTs; music, allowing artists to tokenize their works and connect directly with fans; and virtual real estate, where users can buy, sell, or trade virtual land and properties.</p><p style="margin-left:0px;">NFTs on Cardano distinguish themselves as native assets, inherently integrated into the blockchain’s ledger, bypassing the need for smart contracts. This integration directly into Cardano’s ledger ensures enhanced security and lower transaction fees, setting them apart from other blockchain platforms that rely on smart contracts for NFT transactions. Moreover, the distinction between Cardano Improvement Proposals (CIPs) 25 and 68 highlights the platform’s evolving NFT standards.</p><p style="margin-left:0px;">CIP-25, introduced as the first widely adopted NFT standard on Cardano, laid the foundation for NFT metadata representation, facilitating standardized information such as names, images, and attributes. Conversely, CIP-68 seeks to advance this framework, proposing more efficient ways to manage and store metadata, aimed at improving scalability and interoperability across platforms.</p><h2 style="margin-left:0px;"><strong>NFT Marketplaces</strong></h2><p style="margin-left:0px;">Now we’ll delve into a few of the popular NFT marketplaces on Cardano</p><p style="margin-left:0px;"><strong>jpg.store</strong></p><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*NR1a1RfEaFMiPXlqTOZ0jw.png" alt="" loading="lazy"></p><p style="margin-left:0px;">JPG.store is the leading NFT marketplace on the Cardano blockchain, holding over 90% of the NFT trading volume within the ecosystem. It stands out with unique features such as a launchpad for new NFT projects, enabling cross-chain purchases, and offering collection offers, which streamline the trading process. Additionally, its sweeping tool allows enthusiasts to buy or list NFTs in bulk, enhancing user convenience and market fluidity. These innovative functionalities make JPG.store a central hub for NFT activity on Cardano.</p><p style="margin-left:0px;">You can visit jpg.store at the following link: <a href="https://www.jpg.store/"><u>https://www.jpg.store/</u></a></p><p style="margin-left:0px;"><strong>Cswap</strong></p><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*dvTmbbttUHBspOS6Bs-0fQ.png" alt="" loading="lazy"></p><p style="margin-left:0px;">CSwap, as the second most popular NFT marketplace on Cardano, typically captures between 1–3% of the total NFT volume on the blockchain. It is a distinctive platform in the Cardano ecosystem, merging next-generation decentralized exchange (DEX) capabilities with NFT financial tools (NFTfi) to create a unique trading experience. CSwap’s NFT DEX, the first of its kind on Cardano, features innovative NFT liquidity pools that enable users to trade NFTs more efficiently. These pools allow for instant liquidity, offering tighter spreads for NFT collections compared to other marketplaces. Another notable feature is the “Degen Pool,” among other advanced functionalities, designed to provide users with various trading strategies and opportunities.</p><p style="margin-left:0px;">The Cswap NFT DEX can be found at the following link: <a href="https://app.cswap.fi/"><u>https://app.cswap.fi/</u></a></p><h2 style="margin-left:0px;"><strong>Cardano NFT Highlights</strong></h2><p style="margin-left:0px;">We’ll now delve into a few notable NFT collections on the Cardano blockchain.</p><p style="margin-left:0px;"><strong>Clay Nation</strong></p><p style="margin-left:auto;"><img class="image_resized" style="width:240px;" src="https://miro.medium.com/v2/resize:fit:480/0*oWlT1-Z2iHKuIhcl" alt="" loading="lazy"></p><p style="margin-left:0px;">Clay Nation is a pioneering Cardano NFT project that offers a collection of 10,000 unique, hand-crafted clay character traits stored on the blockchain. This innovative project not only captures the essence of creativity and digital collectibility but also expands into collaborative ventures, such as their Halloween collection created with punk rock band Good Charlotte. Additionally, they’ve ventured into the metaverse with developments like the Clay Nation map and virtual environments compatible with 3D avatars provided by the project. Clay Nation aims to create an inclusive space for users to explore and interact, fostering a community-driven environment​​​​.</p><p style="margin-left:0px;"><strong>World Mobile Earth Node NFTs</strong></p><p style="margin-left:auto;"><img class="image_resized" style="width:350px;" src="https://miro.medium.com/v2/resize:fit:700/1*XveW6r_Dddko3fJpSb4b0g.png" alt="" loading="lazy"></p><p style="margin-left:0px;">On the other hand, World Mobile has introduced Earth Node NFTs (ENNFTs), which serve as the backbone of their network by connecting Air Nodes and processing transactions. These NFTs play a crucial role in enabling a fairer internet model and support decentralized identity and global communication through a proof-of-stake mechanism. The ownership of an Earth Node NFT grants users the right to operate a World Mobile Earth Node, contributing to network security and earning rewards as decentralized validators. This initiative is part of World Mobile’s broader goal to provide decentralized network infrastructure and internet connectivity to the unconnected, leveraging blockchain technology to create a more inclusive global community​​​​.</p><h2 style="margin-left:0px;"><strong>Conclusion</strong></h2><p style="margin-left:0px;">The Cardano ecosystem’s approach to NFTs has seen significant maturation over the last years, notably with the implementation of standards like CIP-68. These developments not only underscore Cardano’s capacity to underpin a diverse range of innovative digital assets but also highlight the blockchain’s evolving role in various sectors, from artistic expression to digital infrastructure. As these standards pave the way for enhanced digital authenticity and richer community engagement, Cardano continues to solidify its position as a leading platform for decentralized innovation. This progression reflects the blockchain community’s commitment to fostering a new era of transparency, security, and user-centered experiences in the digital realm.</p>

TapTools

Cardano NFTs

<p style="margin-left:0px;">On July 25th, 2023, CSWAP released the beta of their NFTfi Marketplace on the Cardano Mainnet, pioneering the first AMM protocol for NFTs on Cardano. CSWAP is the native token of the CSWAP platform. This article will delve into the token, its tokenomics, liquidity, utility, and more.</p><h2 style="margin-left:0px;"><strong>CSWAP Distribution &amp; Tokenomics</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*frU1YHbEMMLQeFTTuueXIw.png" alt="" loading="lazy"></p><p style="margin-left:24px;"><a href="https://www.taptools.io/charts/token?distribution=&amp;pairID=0be55d262b29f564998ff81efe21bdc0022621c12f15af08d0f2ddb1.93f16d92eb096ffa4b604d8f61fce105987dd04148c2ce563f9c3f2017f0c4f2"><u>CSWAP Distribution Pro Page on TapTools</u></a></p><p style="margin-left:0px;">CSWAP has a total supply of 2.5 Billion tokens. Currently 146.80 Million of these tokens are in circulation, equivalent to 5.9% of CSWAP’s total supply. At 0.027 ADA per CSWAP, this gives the token a market cap of $1,952,795 and a fully diluted market cap of $33,256,928, placing it at #44 in the Top 50 on TapTools.</p><p style="margin-left:0px;">There are currently 584 holders of the token, up 1.57% in the last 30 days. CSwap has a Median Holder Balance of 3.4K tokens equivalent to 102.92 ADA, and an Average Holder Age of 86.99 days. Looking at the Token Seniority Distribution, a majority of these tokens have been held for 90–180 days, highlighting the project’s strong community.</p><h2 style="margin-left:0px;"><strong>Liquidity</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*CWPROvPkQKzrJxgOQqUGqA.png" alt="" loading="lazy"></p><p style="margin-left:24px;"><a href="https://www.taptools.io/charts/token?liquidity=&amp;pairID=0be55d262b29f564998ff81efe21bdc0022621c12f15af08d0f2ddb1.93f16d92eb096ffa4b604d8f61fce105987dd04148c2ce563f9c3f2017f0c4f2"><u>CSWAP Liquidity Pro page on TapTools</u></a></p><p style="margin-left:0px;">CSWAP currently has 186.32K ADA in liquidity on one Cardano DEX and a 24 hour volume of 18.86k ADA. CSWAPs liquidity is on the Minswap DEX, with a small portion previously being on the VyFinance DEX. There are currently 12 addresses providing liquidity for the CSWAP/ADA pairing.</p><h2 style="margin-left:0px;"><strong>Volume</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/1*EoT_9SeFY7fqfVnbJsdUYg.png" alt="" loading="lazy"></p><p style="margin-left:24px;"><a href="https://www.taptools.io/charts/token?volume+profiler=&amp;pairID=0be55d262b29f564998ff81efe21bdc0022621c12f15af08d0f2ddb1.93f16d92eb096ffa4b604d8f61fce105987dd04148c2ce563f9c3f2017f0c4f2"><u>CSWAP Volume Profiler Pro page on TapTools</u></a></p><p style="margin-left:0px;">There have been 2.767 CSWAP trades amounting to a lifetime trading volume of 1.77 million ADA, equivalent to 56.17 Million CSWAP tokens. 851.14K of this was buy volume while 922.64k was sell volume. The majority of selling was done by the shrimp wallet size (0–5K ADA), while the majority of buying was done by the swordfish wallet size (25–100K ADA). Virtually all of the trading volume took place on the Minswap DEX.</p><p style="margin-left:0px;"><strong>Utility</strong><br>We’ll now delve into the various utility that CSWAP has to offer.</p><p style="margin-left:0px;"><strong>Multi Asset Liquidity Pool</strong></p><p style="margin-left:0px;">CSWAP can be exchanged to obtain NFTs from Multi Asset Liquidity Pools on the CSwap NFTfi DEX.</p><p style="margin-left:0px;"><strong>Platform Fee Sharing</strong></p><p style="margin-left:0px;">CSWAP holders will be able to stake their tokens after the launch of the fungible token DEX to earn ADA generated by platform fees.</p><h2 style="margin-left:0px;"><strong>Conclusion</strong></h2><p style="margin-left:0px;">The CSWAP token powers the CSWAP platform, offering its users a variety of utilities including an upcoming revenue sharing model, enabling holders to share in the platform’s success. With the upcoming launch of CSWAP fungible token DEX, it will be interesting to see how the project evolves in Cardanos DeFi space. You can find out more about CSWAP at the following link: <a href="https://docs.cswap.fi/"><u>https://docs.cswap.fi</u></a></p>

Token Spotlight: CSWAP

<p style="margin-left:0px;">In the unfolding narrative of Cardano’s journey through 2023, a tapestry of innovation, protocol launches, conferences, and noteworthy milestones has shaped its ecosystem. This retrospective dives into the highlights that defined the year, providing a comprehensive overview of the developments that propelled Cardano’s evolution. From groundbreaking protocol upgrades to the launch of cutting-edge decentralized applications, these events collectively underscore the dynamic and transformative nature of Cardano’s ecosystem throughout the year.</p><h2 style="margin-left:0px;"><strong>Liqwid Finance Launch</strong></h2><p style="margin-left:0px;">On February 2nd, 2023, Liqwid Finance launched as a mainnet beta on the Cardano blockchain, introducing the first pool-based lending and borrowing protocol for the platform. Since launch, the market offerings have expanded to include other Cardano native tokens such as Shen, Djed, AGIX, MIN, and WMT. Notably, Liqwid Finance has experienced significant growth, boasting over $47 million in Total Value Locked (TVL) as it continues to play a pivotal role in the Cardano DeFi ecosystem.</p><h2 style="margin-left:0px;"><strong>Cardano Valentines Upgrade</strong></h2><p style="margin-left:0px;">On February 14th, 2023, at 21:44:51 UTC, the Cardano blockchain underwent the Valentine Hardfork, also known as the SECP upgrade. This brought ECDSA and Schnorr Cryptographic signature support to Plutus V2, enabling cross-chain dApp functionality on Cardano. This update allowed Wanchain to bridge to Cardano using cross-chain smart contracts and will enable many other cross-chain dapps in the future.</p><h2 style="margin-left:0px;"><strong>VyFinance Launch</strong></h2><p style="margin-left:0px;">On May 15th, 2023, the highly anticipated VyFinance DEX launched on the Cardano mainnet, marking a significant milestone in the evolution of decentralized finance (DeFi) on the Cardano blockchain through a non-custodial LP system. Since its launch, the VyFinance DEX has attracted over $10 million in Total Value Locked (TVL), establishing itself as a key player in the Cardano DeFi ecosystem.</p><h2 style="margin-left:0px;"><strong>Tappy NFT Launch</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*XNC9twGArG16HYCk.png" alt="" loading="lazy"></p><p style="margin-left:0px;"><a href="https://medium.com/tap-in-with-taptools/tappy-by-taptools-bb13d3070716"><u>On June 17th, 2023, TapTools launched the Tappy NFT collection</u></a>, acting as a subscription to TapTools Pro. 5555 NFTs were available at 420 ADA each. The collection quickly sold out, generating over 6 Million ADA in secondary market volume. Tappy continues to gain utility as the TapTools team continued to innovate by constantly integrating protocols and adding new <a href="https://taptools.gitbook.io/taptools/"><u>Pro</u></a> features.</p><h2 style="margin-left:0px;"><strong>Mithril Live on Cardano Mainnet</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*h5VhsKgGsjII88Ij.jpeg" alt="" loading="lazy"></p><p style="margin-left:0px;">Mithril, a stake-based threshold signature protocol, went live on the Cardano mainnet beta in July of 2023. Mithril transparently, securely, and efficiently leverages staking power to enhance the synchronization of nodes. Mithril drastically shortens the time needed to sync the entire blockchain, now taking just under 23 minutes, a significant improvement from the typical blockchain sync time of multiple hours.</p><h2 style="margin-left:0px;"><strong>Levvy Finance</strong></h2><p style="margin-left:0px;">On June 23rd, 2023, Levvy Finance, developed by The Ape Society, launched, introducing a decentralized NFT lending and borrowing protocol to the Cardano ecosystem. Later in the year, Levvy expanded its services by adding token lending and borrowing functionalities. With its instant liquidity loans and the Levvy for Collections initiative, the platform provides a comprehensive suite of features and benefits to address the needs of the Cardano community.</p><h2 style="margin-left:0px;"><strong>Cswap launch</strong></h2><p style="margin-left:0px;">On July 25th, 2023, CSwap released the beta of their NFTfi Marketplace on the Cardano Mainnet, pioneering the first AMM protocol for NFTs on Cardano. Since launch, CSwap has gained over 2% of the NFT market share within the growing NFT space within the Cardano ecosystem, with thousands of NFTs being bought and sold on the platform. This achievement highlights CSwap’s significant presence in the Cardano NFT space and its contribution to the expanding marketplace within the Cardano ecosystem.</p><h2 style="margin-left:0px;"><strong>Marlowe</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*jAj6pKOog4sNH4v4.jpeg" alt="" loading="lazy"></p><p style="margin-left:0px;">The development of Marlowe by IOG (Input Output) commenced in 2018 as a forward-looking initiative to create a robust tool for smart contract development on the Cardano blockchain. Recognizing the demand for a user-friendly smart contract language, IOG aimed to empower individuals with little or no coding experience to join the decentralized revolution. Marlowe’s user-friendly features play a pivotal role in driving the mass adoption of the Cardano blockchain, making blockchain technology more accessible to a broader audience. After years of meticulous development, Marlowe achieved a significant milestone with its release on the Cardano mainnet in the Summer of 2023, marking a groundbreaking step toward empowering smart contract development on the Cardano platform.</p><h2 style="margin-left:0px;"><strong>Spectrum Finance Launch</strong></h2><p style="margin-left:0px;">Spectrum Finance, the first fully decentralized DEX on Cardano, went live on July 24th, 2023, after many years of development and a recent rebrand after previously being known as ErgoDex. Since launch, its native token SPF has been released on Cardano, and Spectrum Finance has gained over $9 million in Total Value Locked (TVL). Additionally, the platform has been used for the launch of several new tokens.</p><h2 style="margin-left:0px;"><strong>Rare Evo</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*iibhnmnCH4q5oXZD.jpeg" alt="" loading="lazy"></p><p style="margin-left:0px;">Rare Evo, A multi-chain web3 event took place from August 24th to August 26th, 2023, at the Gaylord Rockies Resort in Denver, Colorado. The keynote speech was delivered by Charles Hoskinson. The Cardano Foundation was present, as well as many Cardano projects, including Singularity Net, VyFinance, World Mobile, Emurgo, Cornucopias, and more. Projects discussed various topics like the future of AI, Web3 Gaming, Governance, Decentralized Finance, and more.</p><h2 style="margin-left:0px;"><strong>NFTxLV 2023</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*CksfYTzqO8ke5JjF.jpeg" alt="" loading="lazy"></p><p style="margin-left:0px;">NFTxLV 2023, formerly known as CNFT Con, unfolded as a distinctive Cardano NFT event at the Las Vegas Convention Center from September 29th to October 1st. The North Hall of the convention center became a dynamic space, hosting over 3,500 attendees, 145 exhibitors, and 116 speakers. The event featured engaging panels exploring Cardano NFTs in space, partnerships shaping Metaverse Ecosystems, Web3 Gaming, and more, fostering an atmosphere more akin to Comic-Con than a conventional finance or crypto gathering.</p><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*b2kik5Xaea1uQ8Gb.png" alt="" loading="lazy"></p><h2 style="margin-left:0px;"><strong>ADAmail</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*kuhrQrRscJu5sly_.jpeg" alt="" loading="lazy"></p><p style="margin-left:0px;">ADAmail, launched on August 28th, 2023, is the collaborative creation of NMKR, specializing in NFT infrastructure, and IAMX, a self-sovereign identity solution provider. This partnership aims to merge the traditional concept of email with the expansive capabilities of Web3. ADAmail allows users to send emails to any Cardano wallet address and streamlines email account logins by connecting to their wallets, offering a user-friendly tool that seamlessly integrates conventional communication with advanced blockchain capabilities.</p><h2 style="margin-left:0px;"><strong>OrcFax Oracle launch</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*ZLa6CffFlXrk2pGZ.jpeg" alt="" loading="lazy"></p><p style="margin-left:0px;">OrcFax, a 2nd generation decentralized oracle, launched on Cardano on October 2nd, 2023. Since then, OrcFax seamlessly integrated its first protocol, Cerra, establishing a Decentralized Profit-Sharing Finance Hub on Cardano. Additionally, OrcFax delivered a masterclass on its oracle at the Cardano Summit, showcasing the significance of its protocol.</p><h2 style="margin-left:0px;"><strong>Cardano Summit</strong></h2><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*_zRqfVWCfTuh-o_y.jpeg" alt="" loading="lazy"></p><p style="margin-left:0px;">The Cardano Summit 2023, a three-day event held in the vibrant city of Dubai from November 2nd to November 4th, served as a global hub for blockchain technology enthusiasts. Organized by the Cardano Foundation, it brought together the Cardano community and a diverse audience, including community members, developers, innovators, investors, and inquisitive minds, all contributing to the momentum toward a brighter blockchain-powered future.</p><p style="margin-left:auto;"><img class="image_resized" style="width:680px;" src="https://miro.medium.com/v2/resize:fit:1400/0*I5TAUaRMcWOsMtjt" alt="" loading="lazy"></p><h2 style="margin-left:0px;"><strong>Rosenbridge Launch</strong></h2><p style="margin-left:0px;">On December 31st, 2023, Rosenbridge went live, connecting the Cardano and Ergo blockchains. This multi-layered bridge brings a secure way to move funds between the two UTXO-based blockchains. The initial assets available to be transferred between the blockchains were ADA, ERG, RSN, SigUSD, and SigRSV.</p><h2 style="margin-left:0px;"><strong>Conclusion</strong></h2><p style="margin-left:0px;">In 2023, Cardano experienced significant progress with the introduction of new protocols and upgrades, contributing to the platform’s overall development. The emergence of various platforms enriched the decentralized landscape, complemented by several Cardano and web3-based events and conferences. As the community looks forward to 2024, the ecosystem is poised for continued growth and innovation, building upon the foundations laid in the previous year.</p>

CSWAP ($CSWAP)

The Most Progressive Protocol on Cardano that Combines a DEX with NFTfi using advanced AMM technology.

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