Cardano Summit Begins Tomorrow, Here’s What You Should Know
September 24 2021 - 6:00PM
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The Cardano summit is scheduled to begin tomorrow, Saturday,
September 25th. The summit is scheduled to run for two days, the
25th to the 26th, and promises to be a one-of-a-kind event. Meetups
are available in six locations around the world. But the summit
will feature both live and virtual events where anyone from around
the world can attend. Local groups are also available with
community-led events. Events at the Cardano summit are split by the
worlds they fall into. Currently, the summit features seven
different worlds in which individuals can choose to participate in.
These worlds include Cardano World, Utility, Impact, Governance,
Adoption, Catalyst, and Community. Related Reading | Cardano
Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be
Changed The Cardano community is still giddy with the recent launch
of smart contracts capability on the network, and with good reason.
This summit promises some bigger announcements following this
incredible feat. Details of what might be expected from the team
are still sparse. So right now, it really is a waiting game as the
opening of the summit draws closer. The partly virtual event
features avatars for participants to communicate with one another.
While also featuring notable keynote speakers from the crypto space
that will speak throughout the two-day summit. In addition to these
will be the availability of limited edition NFTs minted on the
blockchain to be collected throughout the summit. Founder Charles
Hoskinson will provide the live opening keynote across all seven
worlds to mark the beginning of the summit. Hydra 2, DeFi, And The
Cardano Network Cardano recently announced the launch of the Hydra
Layer 2 solution that will enable developers to build and deploy
their decentralized apps (DApps) in a safe and secure environment.
With the launch of Hydra, Hoskinson tweeted that more information
will be available about the solution at the summit. More
information about decentralized finance (DeFi) protocols launching
on the network, with updates expected from decentralized protocols
like Minswap and SundaeSwap, which are both built on the
blockchain. Related Reading | Why Cardano Bull Trend Isn’t
Over And 91% Increase Is Imminent, deVere CEO Nigel Green Founder
Charles Hoskinson celebrates how far the blockchain has come up
until this point. “The Cardano summit 2021 follows the launch of
smart contract capabilities on Cardano, and a remarkable six years
of intensive development and perf-reviewed academic research to
create a third-generation blockchain platform which is not only
eco-friendly but provably secure,” the founder said. ADA price
trending above $2.1 | Source: ADAUSD on TradingView.com Future
exploits by the developer are expected to be announced at the
summit. Alongside how the project plans to bridge the gap when it
comes to decentralized finance. The summit is open to participants
from all around the world and sign-up is free at
https://summit.cardano.org/. Featured image from Beinchain, chart
from TradingView.com
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