New Project launched by Cardano (ADA) to Accelerate Development of Decentralized Application

In a recent announcement, Cardano (ADA) foundation CEO Frederik Gregaard has revealed that “they are teaming with EMURGO, the commercial arm of Cardano. This is done for the development of a new set of tools that can be used to assist developers in support, maintain, and accelerate DApp growth within the ADA ecosystem”.

The project is set to be in two stages, MVP1 and MVP2. The project will be built, implemented, and maintained by a Czech Republic-based infrastructure development company, Five Binaries. The company responsible for the project is completely focused on the Cardano ecosystem. 

In the first stage, a modular tool stack will be developed. A modular tool stack will comprise of a simple backend, acting as proof of concept. 

In the second stage, the project will be opened to all the developers in the Cardano ecosystem so that they can contribute to the project.        

Disclaimer: The article should not be considered as any financial advice. It is advisable to conduct thorough research before investing.

Photo by – mohamed_hassan on Pixabay

Disclaimer: The article should not be considered as any financial advice. It is advisable to conduct thorough research before investing.

Photo by – mohamed_hassan on Pixabay