CardanoCube: Let’s Explore the Most Interesting Projects
CardanoCube, Cardano ecosystem’s love child, has plenty of different stuff to offer. Let’s delve into three projects to find out what they are all about.
What is Cardano suitable for?
Some of you may be wondering why this project, despite being on the market for years, is much less prevalent than its competitors. Most prominently, Ethereum.
Nonetheless, it is still harnessing attention from different crypto figures.
In his tweet, Dan Gambardello, the founder of Crypto Capital Venture, wrote: “A #Cardano meme coin is almost at $50M market cap, and we are still a year away from a real bull market starting. Many do not understand how big $ADA is about to become. Great job to everyone building here.”
Gambardello’s tweet offers a glimpse into what is known as CardanoCube, the go-to informative platform focused on the Cardano Ecosystem. As shown on its ecosystem map, it consists of utility and NFT projects.
GNCrypto has decided to explore the platform and pick three exciting projects to shed light on. Note that the list is by no means exhaustive and offers a cursory overview of CardanoCube.
Let’s deep-dive.
Jpg.store
First off, a project called jpg. store is an NFT marketplace for different file types PNGs, SVGs and more.
Jpg.store logo. Source: CardanoCube
Released in 2021, it offers different NFTs for sale, such as the Ape Society, a collection of ape pictures you can get by connecting your wallets. They include Typhon, Eternl, Nami, Flint, Gero, Nufi, and Lace.
The Ape Society. Source: OpenSea
According to Dappradar, jpg.store has 109,954 traders. Its trading volume over the years has varied, peaking in January 2022. Since then, it has shrunk significantly, as per the graph below.
The trading volume currently stands at $6.49 million, down by 10.47% over the past 30 days.
Jpg.store trading volume. Source: DappRadar
Minswap
Launched in 2022, Minswap is a multi-pool decentralized exchange on Cardano. Swap tokens that claim to “incur minimal cost, take minimal time, and provide maximal convenience.”
Minswap’s logo. Source: CardanoCube
According to the project’s teams, its edges are multi-function liquidity pools, multi-pool routing, functioning as an on-chain price oracle, or automatic Babel fee redemption.
Expectedly, most of the pairs available on the exchange are pegged to ADA. The available wallets include Minwallet, Nami, Flint, Eternl, Typhon, and GeroWallet.
As per DappRadar, over the past 30 days, the service enabled 1.14 million transactions. Overall, all-time data shows a positive trend transaction-wise.
Miswap historical activity. Source: DappRadar
Eternl
Eternl's wallet has also caught our eye. Launched in 2021, it describes itself as a fully functional Cardano Light wallet for the browser. Its creators also claim it will be the basis for all the additional features the Cardano community wants in a modern web wallet.
The wallet’s site is of no bells and whistles kind, offering to create a wallet and just that.
Eternl wallet site. Source: Eternl website
The wallet’s Twitter handle has just over 30 thousand followers and has recently fallen victim to the attackers’ attempts to install webhooks, spamming the channel’s Discord. Fortunately, the attack did not result in any significant damage.
The three projects are by no means the only ones available via CardanoCube. However, they offer an exciting glimpse into the world of Cardano alongside the myriad meme coins, mentioned by Gambardello.
They include Snek, Husky Token, Stablecoin, and others. See the picture below.
Memecoins on CardanoCube. Source: CardanoCube
Are you bullish on Cardano?
Let us know on our Twitter.
Previously, GNCrypto reported that Cardano wallets would provide direct access to Ethereum dApps.
