Some thoughts about the current and future multi-chain crypto ecosystem
The crypto ecosystem has grown beyond imagination. Dozens of L1 networks have emerged, cultivating massive communities across the globe and achieving impressive growth.?
The future is undoubtedly multi-chain and, although this is a great feature of the current landscape, it could also become a huge risk to the decentralized future if we’re not careful.
Cryptocurrency is supposed to bring freedom and utility to the people. In that broad definition, some chains may be more suitable for certain applications than others and vice versa. The more options the people have, the better.
However, at some point along the way, we’ve lost track of the true goal, and what was supposed to be building solutions for the benefit of the people became a competition to be “the best L1 network in crypto.”
It’s critical for the decentralized future to understand that this is not a crypto vs. crypto race, but a crypto vs. fiat. And for us to win that race, we need collaboration between networks and communities.
We have to make the crypto space in general an enriching, open, and safe environment, where people from different communities can find common ground and share knowledge, resources, skills, ideas and visions with one another, regardless of what their favorite network is.
In that scenario, #Cardano is a particular case. Its use of a different programming language than other chains makes collaboration and integration harder. On the other hand, its enormous, decentralized community is a huge asset that other networks could take advantage of.
So… How can we facilitate cross-chain collaboration between Cardano and other chains, striving for the general benefit of the entire crypto ecosystem?
Well, we believe we can help.
Innovatio is a Cardano-native community of entrepreneurs, developers, and early-adopters that has established itself within the ecosystem, helping many members achieve their goals with 1.3K+ members across its social channels.
Considering core factors of Cardano, such as its high technical level in its smart contracts, it is not an easy blockchain to choose when it comes to development of entrepreneurship compared to Ethereum, Binance, or Avalanche’s Solidity standard.
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Leveraging Innovatio’s existing community, engagement, channels, and human capital, we can drive greater adoption of Cardano’s SDK.?
We can do this by generating educational and informative content and encouraging networking and engagement between projects and members of different blockchains.
We know how to set up and run dedicated spaces for this purpose. We only have to double our efforts and switch the focus. But for that, we need your help.
We have a plan to boost collaboration, integration, and interactions between Cardano and Avalanche/Polkadot developers, aimed to resolve technical, financial, and marketing issues. We believe that fostering this type of exchanges between entrepreneurs could skyrocket the onboarding of outsiders to Cardano.
In particular, we’re building:
That said, Innovatio is only a startup with a team of 9 people, which is why we need your help. We have started a proposal on Project Catalyst Fund9 to source the necessary resources we need to kickstart this initiative. We would be extremely honored to receive your support!
Also, if what you read here interests you, we would like to invite you to join our social channels. There is a thriving community of entrepreneurs and innovators building the decentralized future waiting for you. Everyone is welcome!