[Latest news on Cardano] As of 7/15, 2023.

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1. Cardano Blockchain Development Progress

Cardano SIP 1694 workshop is currently underway, where community members from around the world have gathered to discuss the direction of Cardano and decentralized governance. Charles Hoskinson, the founder, praised the success of the SIP 1694 workshop and expressed gratitude for the active participation of the community. He emphasized the importance of further decentralizing Cardano. The workshop also considered future leadership, voting methods, and fees. Cardano is becoming a leading presence in the blockchain industry, and it is expected that community governance will ultimately be achieved, allowing for increased participation.

2. Metaverse Virtua Project

The official promotional video for Virtua Prime’s sports game, Jetpack Hyperleague, has been released. Jetpack Hyperleague is a competitive character-based running game where players compete against each other in asynchronous multiplayer races to achieve glory and earn special rewards in Virtua. The races take place within Virtua City, the main hub of Virtua Prime, and its surroundings. You can find the gameplay video in the description of the video!

3. ADA Market Analysis

ADA’s price has been stagnant, following the wave count. Currently, there are no significant fluctuations or a loss of downside potential in the wave count. However, there is a possibility of an upward movement indicated by the yellow wave count. Nonetheless, confidence in the upward movement is not high. As long as the price remains above 23.8 cents, there is a possibility of an upward movement according to the yellow count. On the other hand, the white structural wave count suggests a different lower value, but there are no signs of a downward trend at the moment. Clear indications are needed before a definite downward movement can begin, as there is no distinct downward potential or sufficient momentum.

Quoted URL

https://www.youtube.com/watch?v=GIqXqT2PQx8
https://www.youtube.com/watch?v=ryiKjKIwxLw
https://www.youtube.com/watch?v=raSKwcW96IY

AUTHOR

ADA HARVEST

Explanation of Cardano Staking by an Active SPO(Stake Pool Operator)

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