Cardano Price Surges After Metaverse Project Launch, ADA Gains More Than 30% in 7 Days – Markets and Prices Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

The SmartContract token cardano has surged in value during the last 24 hours after a metaverse project called Pavia launched. ADA DeFi NFT

has jumped 9.5% against the U.S. dollar. Cardano is a smart contract network, similar to Ethereum, and during the last 12 months the crypto asset has risen in value by 336.5%. However, Cardano has been criticized in recent months over the project’s smart contract capability and the fact that ADA-based decentralized finance and non-fungible token assets were nearly non-existent.indicate that there is close to $3 million total value locked in Cardano-based defi protocols.

The Pavia announcement notes that 100,000 plots have been minted as non-fungible token assets. According to the website, citizens of the U.S. and U.K. were banned from the land sales that took place at the end of 2021. Land sale 1 saw 29,000 parcels sold, while the second land sale saw 31,000 parcels sold. Additionally, the project took a wallet snapshot in December to airdrop 25% of the project’s PAVIA utility tokens to the Cardano-crafted metaverse patrons.

Pavia’s name stems from the Italian birthplace of the renowned mathematician Gerolamo Cardano. “In total Pavia.io has some 100,000 Land parcels, each being minted as a unique NFT with coordinates. At the time of writing the project has sold some 60% of these Land parcels from October thru November 2021. A final is scheduled for Q1 2022,” the project’s launch announcement details.

While the global cryptocurrency market economy today has dropped 1.3% in the last 24 hours to $2.17 trillion,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's such a relieve to know that ImmunifyLife is developing a decentralized ecosystem for patients in the healthcare industry in that industry there are many medical data management issues, so, this project is developing solutions through this technology. $ADA $IMM

HARMONY ONE IS BETTER

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cardano price spikes by 9% in 24 hours; here’s what might be fueling itCardano is up by an impressive 9% in the last 24 hours, with a price of $1.39 at press time. As the price sees a positive spike, there is a close to +30% on its DeFi Total Value Locked (TVL) over the same period. The positive sentiment could be due to a combination of factors […]
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

24-year-old man shot to death in Austin: policeA 24-year-old man was shot death Saturday afternoon in Austin on the Northwest Side.
Source: fox32news - 🏆 547. / 51 Read more »

No. 3 UCLA Beats Oregon St., 81-65, Behind Juzang's 24 PointsLed by Johnny Juzang and his 24 points, the Bruins bounced back from their brutal overtime loss earlier this week.
Source: CBSLA - 🏆 552. / 51 Read more »

Rapper Sad Frosty, social media star with millions of views, dead at 24Houston hip-hop artist famously collaborated with DC The Don on a single called “Beavis and Butthead,” which boasts over 1.4 million views on Youtube. So sad, Frosty :(
Source: PageSix - 🏆 320. / 59 Read more »

COVID-19's latest casualty: 24-hour grocery storesThe days of popping into a grocery store for milk at 1 a.m. may be gone for good.
Source: WEWS - 🏆 323. / 59 Read more »

24-Year-Old In Critical Condition After Shooting In Overbrook, Police SayA 24-year-old is in critical condition after being shot in Overbrook Sunday afternoon, Philadelphia police said.
Source: CBS Philly - 🏆 308. / 63 Read more »