The Cardano blockchain’s venture capital arm, EMURGO Ventures, has disclosed its investment in Maestro, a platform created for blockchain programmers.
The fundamental objective of Maestro is to offer a setting where developers can produce dApps (decentralised apps) utilising the Cardano blockchain technology.
By making it easier for developers and companies to build goods and services on this platform, the current financing is expected to promote further adoption of Cardano.
The relationship between EMV and Maestro, according to Kaimin Hu, a venture partner there, is a step towards allowing more effective international transactions using Cardano’s decentralised Web3 technologies. Marvin Bertin, CEO of Maestro, sees the investment as a strategic alliance that supports their common objective of improving the Cardano ecosystem and the Web3 developer experience.
For Cardano, Maestro offers a wide range of infrastructure services that support developers in funding, creating, and growing their dApp projects.
The platform offers an Initial Stake Pool Offering (ISPO), a means for generating money that simultaneously fosters community building inside the Cardano network.
Additionally, Maestro provides tools for real-time Cardano on-chain data monitoring, which is essential for the creation of goods and services.
Maestro also suggests customised Layer-2 solutions to quicken transactions and ease the scalability of Web3 applications created by developers and companies.
