Tim Harrison, a director at IOHK, revealed that over 500 projects are currently building on Cardano. The majority of them are supposedly in the NFT space.
Cardano’s network is reportedly attracting considerable interest, at least according to the Marketing and Communications Director of IOHK: Input Output.
Back in September 2021, Cardano went through one of the most important mainnet upgrades called Alonzo.
It was part of the development cycle of Cardano known as the Goguen era and the most important part of it was the integration of smart contracts.
Since then, the network went through other important upgrades and saw important developments being made.
One of them was the first scaling solution based on ZK Rollups – Orbis.
In any case, this has also led to a multitude of projects building on Cardano, according to IOHK’s Marketing and Communications Director, Tim Harrison.
The Cardano ecosystem ontinues to grow, with now over 500 projects building on Cardano – from NFT ollections to DeFi lending and new wallets. Props to all the IOG team that continues to drive the platform forward. It has been a remarkable journey to get to here. And kudos to the innovatve, passionate community of builders that has brought this project so far. We’re really just getting started, you know.
Harrison also attached a pie graph of the purported projects and where they are focused, showing that NFT collections account for the lion’s share.
Georgi Georgiev is CryptoPotato's editor-in-chief and seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn
