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### 💡 What is Cardano (ADA)?
Cardano is a decentralized blockchain platform that uses **Proof of Stake (PoS)** to enable smart contracts and decentralized applications (dApps). It's known for its academic approach to development.
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### 👨🔬 Who founded Cardano?
* **Charles Hoskinson**, one of the original co-founders of Ethereum.
* He left Ethereum in 2015 and started Cardano through his company **IOHK (Input Output Hong Kong)**.
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### 💰 Revenue and Market Stats:
* Cardano itself doesn’t generate revenue like a company, but developers build on its ecosystem.
* ADA token price ranges between **\$0.40 to \$0.50**.
* Its market cap exceeds **\$14 billion** (as of mid-2025).
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### 🔧 Major Projects on Cardano:
* **Atala PRISM**: A digital identity project used in Ethiopia for educational records.
* **Smart contracts support**: Since the Alonzo update, developers can build DeFi and dApps.
* **NFT platforms**: Many NFT projects prefer Cardano due to low fees.
* **Expansion in Africa**: Cardano is focused on providing financial infrastructure and ID solutions.
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### 📊 What makes Cardano unique?
* Built on peer-reviewed academic research.
* Uses **Ouroboros**, a provably secure PoS protocol.
* Environmentally friendly, low fees, and high scalability.
* Strong, global community with ongoing development.
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