Cardano Founder Set to Hold Discussions to Expand NFT Possibilities: Details

NFT

Charles Hoskinson and Jawad Ashraf, Terra Virtua CEO, are set to hold discussions

Founder of Cardan Charles Hoskinson and Jawad Ashraf, CEO of Terra Virtua, are scheduled to discuss Cardano and Terra Virtua’s collaboration and future plans on April 25 at 17:30 UTC. Terra Virtua, a digital collectibles platform, boasts of an NFT marketplace and also a game studio with NFT characters; thus, the partnership could present endless NFT possibilities for Cardano.

IOHK, Cardano’s parent company also shared a reminder on the Cardano Summit NFTs by sharing Terra Virtua’s post on Twitter and noting the date of the event.

Earlier in April, Snoop Dogg and Cardano founder Charles Hoskinson met in an epic Twitter space to discuss the Cardano ecosystem, music, and NFTs. Subsequently, the Cardano NFT Clay Nation project launched its official collaboration with Snoop Dogg and Champ Medici, bringing iconic clay animations, land locations, and unlockable music content to Cardano.

As of March 23, Morgan Schofield, Cardano’s head of ecosystem growth reported that the network has now issued over four million native tokens across approximately 50,000 minting policies. The rise in the number of minted pieces of non-fungible art and projects is linked to both the Cardano network’s growth and the NFT industry’s resurgence.

Cardano ecosystem and ADA price action

The Cardano (ADA) network has passed several milestones in recent months and the number of ADA wallets has increased by 100,000 in one month, with the total number standing at 3.2 million as of April 19. Activity on the Cardano blockchain is skyrocketing, with 400 new projects in the works. Currently, almost 900 projects are being built on Cardano.

Despite the progress made with network growth, ADA remains undervalued. According to CoinMarketCap data, ADA was trading at $0.832 at the time of publication, down 6.88% in the last 24 hours and down nearly 5.45% in the past week.

As suggested by on-chain and market data provided by Santiment, Cardano and other altcoins have entered a historic zone of “buying opportunities,” according to MVRV Divergence, as previously reported by U.Today.

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