5 must-known facts about Cardano

What an investor should know about one of top-10 tokens:

Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed.

The team is building Cardano with both the end-user and regulators in mind. They’re attempting to find a middle ground that balances the need for regulation with the privacy and decentralization principles at the core of blockchain technology.

The Cardano (ADA) tokens were first listed on Bittrex. At that time, prices were listed at $0.02 and today the same tokens trade at $0.11. The change would represent a 450% growth rate in just over two months, and that alone should be encouraging.

Cardano cryptocurrency is developed by 3 different organizations: The Cardano Foundation, Emurgo and IOHK. The team behing Cardano is very strong with big names including Charles Hoskinson, which was co-founder and former CEO of Ethereum.

The Cardano ICO took place in four stages between September 2015 and January 2017. A total of 26 billion tokens of the 45 billion total supply were sold during the token sale. Cardano raised a total of $63 million USD through the sale.

Would you invest in Cardano? Comment for Yes and No