Cardano company info

What does Cardano do?
Cardano (CRYPTO:ADA) is a decentralized proof-of-stake (PoS) blockchain platform that launched in 2017. It was designed to address the scaling and infrastructural limitations of first-generation blockchain networks like Bitcoin and Ethereum. Cardano is one of the largest blockchain networks to have successfully implemented a PoS consensus mechanism, which is more energy-efficient than alternative proof-of-work (PoW) blockchain networks. Cardano also supports smart contracts, which allow developers to build decentralized applications (DApps) on the platform. The native Cardano cryptocurrency token is ADA, which enables users to participate in network operations. In 2022, Cardano made significant progress in improving network scalability through the Vasil hard fork. The network is further exploring this area with the preparation for Hydra, a layer 2 scaling solution that will allow developers to introduce specialized and complex protocols to the platform.
Cardano company media
Company Snapshot

How many people does Cardano employ?

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Employees
350

What is the market cap for Cardano?

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Market Cap
$16.25B

Where is the head office for Cardano?

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Head Office
Zug, Switzerland

What year was Cardano founded?

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Year Founded
2017
What does Cardano specialise in?
/Cardano /Cardano Ecosystem /DPoS /Layer 1 /Platform /PoS /Research /SEC Security Token /Smart Contracts /Staking

What are the products and/or services of Cardano?

Overview of Cardano offerings
Decentralized finance (DeFi): Cardano is home to a growing ecosystem of DeFi protocols, which allow users to lend, borrow, trade, and invest cryptocurrencies without the need for intermediaries.
Non-fungible tokens (NFTs): Cardano is also a popular platform for NFTs, which are unique digital assets that can be used to represent ownership of items such as collectibles, artwork, and in-game items.
Smart contracts: Cardano supports smart contracts, which are self-executing contracts that can be used to create a wide range of decentralized applications (DApps).
Web3: Cardano is a good platform for building and deploying Web3 applications, which are decentralized applications that are owned and operated by their users.

Who is in the executive team of Cardano?

Cardano leadership team
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    Charles Hoskinson
    Founder and CEO of Input Output HK
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    Jeremy Wood
    Founder & Chief Strategy Officer at Input Output

Cardano organisations

Cardano organisations
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Cardano Foundation
EMURGO Co., Ltd
EMURGO Co., Ltd
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Input Output Hong Kong