6 Cardano Projects to Keep an Eye on in 2024

?? As of today, the Cardano blockchain ecosystem has more than 1,315 projects currently building Web3 decentralized applications on its platform and more than 155 of these dApps have already launched, including some of the biggest DeFi and NFT applications in the industry.

With a fresh start to 2024, Cardano continues to evolve and bring forth new features as a technological blockchain platform, and its ecosystem of dApps built on Cardano is busy at work building and providing a variety of decentralized services.?

Here’s a look at some of them ??

?? NMKR

NMKR is an NFT and Tokenization service on the Cardano blockchain that aims to bring Web3 to the masses through its simple platform. NMKR, FluidTokens, and IAMX have partnered to start building a Real-World Assets (RWA) Tokenization launchpad called finest. It’ll allow developers the ability to tokenize any type of real-world asset without having to code a smart contract using the same API technology powering NMKR Studio. Massive potential to drive tokenization growth and can be a catalyst to onboard brands and creators into blockchain and Web3.

?? Minswap Labs

Minswap, one of the largest DeFi platforms in Cardano, has successfully burned 2,000,000,000 MIN tokens. This dramatically reduces the supply of the token making the remaining units more scarce. For anyone looking to review the transaction it can be done here: https://cardanoscan.io/transaction/d5f8ee99c580290be7ca6150a21ec5e84a23dae3e98a67e75855636623f24597?tab=tokenmint

?? Maestro

Maestro is an all-in-one Web3 platform built for developers to easily build innovative dApps on Cardano and for businesses to integrate Web3 products & services with Cardano. Maestro has launched a high-frequency market price API and is the first to support the Genius Yield decentralized exchange (DEX). It allows developers and traders the ability to directly get real-time and historical data from DEXs and DeFi projects on Cardano.

?? zkFold

zkFold is a zero-knowledge (ZK) scalability project on Cardano. It provides developer products and services to enhance user privacy for Cardano users. zkFold proposes a new Haskell Domain Specific Language (DSL) for writing zero-knowledge smart contracts to dramatically reduce the barrier to entry for new developers to use ZK cryptography. This new DSL language will speed up the adoption of ZK technology across the Cardano network.??

?? Indigo Labs Inc

Indigo is another one of the bigger DeFi players in Cardano. It is a decentralized non-custodial synthetic assets protocol built for Cardano. Using smart contracts, Indigo allows users to create fully collateralized synthetic assets. It announced the scheduled launch of Indigo V2 in March of 2024. The upgrade will make the Indigo platform more optimized when generating synthetic assets that can be traded across Cardano's fast-growing DeFi ecosystem.?

?? Iagon

Iagon is a Web3 cloud storage provider built on Cardano. It launched its new Node Version 1.0.2 for its decentralized cloud computing network. It includes node logs for enhanced visibility for node operations and also, hardware wallet integration supporting Ledger and Keystone wallets.

There are, of course, many other great dApps in the Cardano ecosystem, both in development and those that have launched.

??Which Cardano dApp are you most excited about these days? Let’s hear your opinions below! ??

#Cardano #Web3 #dApp #blockchain #DeFi #NFT