Cardano Foundation Reveals Outline For A Decentralized, Self-sustaining Community
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Cardano Foundation Reveals Outline For A Decentralized, Self-sustaining Community

October 8, 2020      Jafrin Ahmed

The Cardano Foundation has revealed an outline of creating a decentralized, self-sustaining community.

Elliot Hill of the Cardano Foundation in an article highlighted that community participation of the Cardano (ADA) ecosystem should develop.

According to Hill as the crypto space sees an increased interest towards smart contracts, and dApps, therefore, nurturing community participation becomes extremely important to bring together all parts of Cardano communities like ADA owners, developers, businesses, public institutions, and stake pool operators to create:

“a bustling ecosystem with multiple opportunities for innovation and incubation of ideas, where every ecosystem participant feels empowered to work together to achieve common goals”.

According to Hill, it creates a “new paradigm to the highly siloed and compartmentalized communities elsewhere in blockchain”.

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An Inclusive and Equitable Growth

The Cardano Foundation aims to be a pioneer for such collaborative endeavors while leveraging itself as Cardano’s guiding force.

It also looks forward to enabling fast-track value creation for inclusive and equitable growth of the protocol.

The Cardano Foundation seeks to connect innovators, developers, enterprises, and its existing community to facilitate such growth.

A central point for such initiative is the “upcoming developer portal” that will include content and opportunities for participation by developers and innovators while providing companies the tools to implement solutions on Cardano.

Launch of Developer Portal

Developers are to be integrated “through the launch of the Developer Portal, which will be a single unified interface for exploring all that Cardano has to offer”.

Also, the community group is focused on “Requests for Proposals” (RFPs), “which award development funds to technical users who can solve complex problems and provide practical solutions to technical challenges on Cardano”.

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On the enterprise segment, Hill notes that “outreach is carried out between our senior leadership, such as the Cardano Foundation Council, and members of the business and enterprise community” (which are IOHK and Emurgo).

Hill further added that the Foundation is constantly looking for opportunities to “evangelize”.

 

#ADA #Cardano #Cardano Foundation #Emurgo #IOHK
Jafrin Ahmed
Jafrin Ahmed

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Being a HODLer she takes a keen interest in following the volatile Bitcoin charts. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.