In what seems like a part of the ongoing effort toward its ecosystem’s development, Cardano Foundation announced teaming up with Messari. The official announcement stated,
“We’ve joined @MessariCrypto for #Cardano to be listed in their #open-source disclosures registry to increase transparency. More details and formal announcement to follow once the listing is live.”
This information confirms Charles Hoskinson’s efforts toward improving its in-house (ADA) crypto’s use cases. Based on the announcement, Cardano will be listed on Messari’s open-source disclosures registry that will improve the crypto’s transparency. Moreover, the company stated that “transparency will lead to smarter decision-making and more maturity to blockchain.”
As far as the development of the core functionality is concerned, Cardano is currently working on “Shelley” which focuses on revamping the ecosystem’s decentralization. While the Foundation has predominantly informed the community about its development through various Hoskinson AMAs, the latest Messari partnership seems like a milestone step toward increasing ADA’s market capitalization and trading value.
Matthew is a full-time member of AMBCrypto US & UK Markets. Prior to joining AMBCrypto, Chan had an extensive 2-year investigative business reporting stint with Tribune media. He has been following the blockchain space and currently writes about blockchain products and cryptocurrencies. Matthew will be reachable at [email protected]