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Cardano Ecosystem

Cardano Feed

10/19/2021

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Introducing GADA — A permissionless and community-governed launchpad for Cardano based projects and ideas.

GADA aims to drive the expansion and adoption of the Cardano ecosystem by providing a secure and decentralized platform for projects seeking funding and incubation and for investors to filter the value-added projects as it’s community-driven.

Introducing GADA — A permissionless and community-governed launchpad for Cardano based projects and ideas.

GADA aims to drive the expansion and adoption of the Cardano ecosystem by providing a secure and decentralized platform for projects seeking funding and incubation and for investors to filter the value-added projects as it’s community-driven.

The DeFi Landscape and Cardano

DeFi can apply to almost any traditional or hybrid financial product offered on top of a blockchain protocol. This could include open lending protocols, a peer-to-peer loan platform, or even the provision of services typically associated with traditional financial providers.

But DeFi has had a baptism of fire. Spiralling fees, smart contract exploits, and significant user losses have necessitated a focus on improved DeFi infrastructure and processes — ones based around transparency, true decentralization, and high assurance.

Why is GADA needed?

But why might a DeFi project choose to run on Cardano, rather than in other blockchains?

. There are no execution fees payable when transferring native tokens on Cardano;

. There is minimal custom code required to launch a user-defined token on Cardano;

. There is no custom code available to exploit in the deployment of user-defined tokens on Cardano;

.DeFi will be more affordable, more secure, and easier to launch on Cardano.

The Cardano DeFi ecosystem needs funding as Cardano based ideas have been incubating for years.

For Cardano, the time for boosting on-chain liquidity is now!

Roadmap & Deliverables

Launchpads

GADA Pro & GADA Light

GADA Pro is a launchpad that aims to fundraise Cardano based projects, having the need to KYC. Independently if it a project or an idea, GADA Pro’s projects are in a more advanced proof of concept stage and might have been funded by venture capital or business angels already. GADA Light is a launchpad that aims to fundraise Cardano based projects and ideas without the need for KYC and KYT. A true DeFi launchpad that allows anyone to raise capital.

If you want to learn more about GADA, please refer to our website and documentation portal.

Follow us on social media to make sure you don’t miss out on any development updates.

And lastly, note that our token is currently NOT purchasable anywhere yet. Always double-check that you’re using any official channels recorded below, and especially watch out for fake Telegram groups.

Keep in touch with us:
? Website: https://www.gada.finance/
? Twitter: https://twitter.com/GADALaunchpad
? Community Channel: https://t.me/gadachat
✉️ Announcements Channel: https://t.me/gadaofficialnews

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ORIGINAL SOURCE

https://medium.com/@gadalaunchpad/introd...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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