[cryptocurrency][Cardano]The first two ICOs arrive under the Cardano network
Cardano is a technological platform based on blockchain technology that is oriented to the execution of intelligent contracts and that aspires to surpass the very Ethereum platform (it is known as the Ethereum of Japan).
This platform has several advantages with respect to Ethereum: it is faster, cheaper and has greater processing capacity.
These advantages have begun to translate into results as a few days ago came the news of the arrival of the first two ICO that will make use of the Cardano network: Traxia (TMT) and SP8DE (SPX).
Traxia (TMT)
Traxia will be destined to turn the invoices into intelligent contracts and they are marketed as short-term assets. This will help SMEs and self-employed workers with the problem of unpaid bills due to customers who do not pay.
According to Traxia, this supposes a market of approximately 43 billion dollars.
Traxia is a faster and cheaper alternative to the markets selling existing centralized invoices, and in this platform users receive payments in fiat currency, which in the future will help many users to feel comfortable and calm with the volatility of this coin.
The pre-sale is currently active, but ICO publishes on March 19 and will accept both ETH and ADA.
SP8DE (SPX)
SP8DE bet on the games of chance under the blockchain technology. They believe that online gambling is a very large market and that this technology fits perfectly with this business model. SP8DE has already completed its pre-ICO phase, in addition to the first three phases of public sale of tokens.
The online game is a mass market, and this cryptocurrency is trying to get into that action using blockchain technology to offer users a better experience. SP8DE (SPX) has completed the first parts of its public sale of tokens, and has already reached its maximum limit.
SP8DE defines its platform in the following way:
The core of the SP8DE platform is the so-called Khronos protocol. It will be able to generate random numbers at arbitrary frequencies that serve as an API driven by an intelligent contract to generate chain entropy. Based on the Cardano block chain, our protocol is based on the commit-reveal mechanism, the only 100% bullet-proof method for generating distributed randomness. "
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What do you think about this news? Would you be willing to invest in this ICO? Leave your opinion in the comments.
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Laguna
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