Helping Ethereum Kick the Bucket: is Spearheading the Transition to Cardano-based DeFi

Place/Date: - August 2nd, 2021 at 11:06 am UTC · 3 min read
Contact: Caesar Chad, Source:

Helping Ethereum Kick the Bucket: is Spearheading the Transition to Cardano-based DeFi

Few seasoned analysts would dispute the recent bumpy course of Decentralized Finance (DeFi). Volatile pricing, numerous market adjustments, and creative devastation forces weaken the weakest players and reinforce the visionaries’ leadership. Meanwhile, KICK.IO, a decentralized Cardano Network fund-raising platform, recognized the great chance underlying these significant upheavals. Since Ethereum, the DeFi industry behemoth seems more likely to get started — KICK.IO is pleased to help.

While Ethereum still enjoys the benefits of the customer (i.e., traders cling to it because of ease), experts quickly point out that this status quo does not persist. Cardano is called ‘Ethereum Killer’ and will shortly surpass Ethereum, evaluated by total system transactions. This is because the inefficiencies of Ethereum’s Proof of Work (PoW) consensus method are increasing dissatisfaction, which has resulted in numerous disappointments over the low transaction rates and expensive costs of the network. Ethereum has also damaged its environmental credentials as of recently, with experts wondering if the energy inefficiencies of the protocols may eventually be the leading cause for both ridicule and the rebellion of the investor.

Even with the DeFi industry more ambitious and ecologically aware, traders are always looking for significant challenges for the incumbents. Cardano, created by Ethereum co-founder Charles Hoskinson, is perhaps the contender that most promises to become the next DeFi leader. The first multi-layered blockchain in the world is virtually sure to create ripples – both because of its utterly decentralized nature and its scale. The Proof-of-Stake (PoS) protocol of Ouroboros is a technical wonder. Using a university method based on evidence, Cardano is entering a new age of substantially quicker transactions, cheap fees, and carbon-free crypto transactions.

To enable the DeFi industry to re-orient seismically towards Cardano’s network, the KICK.IO aim is to drive forward this shift. The platform KICK.IO is expected to evolve soon in the place where the vast community of Cardano may fund high-growth initiatives and choose tomorrow’s champions. KICK.IO is led by a team of DeFi and traditional financial professionals committed to implementing leading market skills, providing complete Cardano-based token support and project finance and endorsement skills for all current projects that must be prosperous and prosperous. In seeking our investors’ interests, KICK.IO guarantees that only the most reputable and promising projects – those with the most potential to make a significant contribution to the Cardano ecosystem – are flourishing.

KICK.IO is scheduled to go public on September 15th but will also hold a private sale starting July 28th. Retail and institutional investors have already shown a strong interest in the initiative, and it’s already been oversubscribed. This is the perfect time to demonstrate that DeFi is still alive and well amid the Cardano bull market.

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