Cardano On Google Play Will Drive Mass Crypto Adoption: Report

Cardano on Google Play Store will drive mass adoption as the voting app Catalyst was published recently in the store. The users can vote for initiatives to drive mass adoption and to help shape the roadmap as we are reading more in today’s Cardano ADA news.

Apple and Google are skeptical about the apps from the entire crypto sector that have been blocked or reversed their publication in the past. Cardano’s Catalyst project is now live on Google Play Store and can be easily downloaded and used. Cardano’s creator Charles Hoskinson called it an important step forward on the road to full decentralization since Cardano on Google Play Store represents a step for all crypto projects.

Glad to see Catalyst in the play store. With Cardano, you can vote with your phone! pic.twitter.com/ShxJUk00hp

— Charles Hoskinson (@IOHK_Charles) October 24, 2020

The catalyst was presented as a crucial part of Cardano’s Fifth and final phase Voltaire as the project aims to shape Cardano’s future development in a democratic and decentralized manner. The most important thing is that the community is able to support the next decisions:

“Voltaire is IOHK’s way of establishing this capability, allowing the community to maintain the Cardano blockchain while continuing to develop it by proposing and implementing system improvements. This puts the power to make decisions in the hands of ada holders.”

Catalyst has a voting and treasury system that the community can use so the app can be downloaded and used free of charge but is still in beta testing. Initially, the app will only be available for Android users. Each owner of Cardano can automatically get voting rights depending on how much ADA coins are held in the wallet. At least three projects were available which compete for the financial means in the amount of $250.000 or about 2 million ADA. The app can now be used to distribute votes and devaluate the projects as well.

The first project is called “Free Commerce” and is a decentralized marketplace that is based on the ADA blockchain and works free of charge. “Lovelace Academy Marlow Plutus” is a Cardano Academy which is covering 25 episodes and is to inform about Cardano itself as well as the other smart contracts. The educational series is divided into two parts and will be broadcasted on YouTune with a daily episode. The content is to be distributed in the upcoming 6 months.

The third project is called “Cardano Hub” and aims to promote the interaction in the Cardano community between the developers, investors and opinion leaders. The bookstores and co-working spaces and cafes will be set up to provide information on current developments in the ecosystem. The first proposed location is Kiev. The ADA price follows the current market trend and recorded a minus of -0.54% in the past 24 hours.