Fun

ADALend: Major Developments on the Horizon

News Feed - 2022-01-31 03:01:17

ADALend: Major Developments on the Horizon sponsored


ADALend’s mission is to democratize the lending industry by using the Cardano blockchain to eliminate the traditional banking middlemen. This will be accomplished through the development of a platform that connects borrowers, and lenders in a decentralized manner. With the help of blockchain technology and IOHK’s research and development, the platform will provide a simple, secure, and more transparent way of exchanging value. The decentralized lending platform will allow creditors to perform lending activities and create a safer and more efficient lending environment for all users.


Ensuring the Security and Safety of Lending in a Decentralized Environment


While traditional banks continue to disregard the needs and concerns of the people, ADALend has come to provide access to loans for those in need who have been ignored. The inability to gain access to funds has long-term consequences. ADALend provides a platform to change the current state of financial affairs. While the cryptocurrency market is young, it is already very versatile. ADALend is a revolutionary platform that brings the best of both worlds together, with an innovative business model to take advantage of the best features of multiple industries, thus creating a new and sustainable source of income for businesses, investors, and borrowers.


Lenders and borrowers alike have had to contend with a lack of transparency and safety, making it difficult to efficiently manage a lending platform. The team at ADALend is working to solve this problem. The team has expert economists, engineers, and business professionals that are working to build a trustless, decentralized lending protocol that will allow users to operate in a self-governed environment. By using decentralized lending protocols, users can borrow, lend and earn money in a secure and anonymous environment.


A New Architect for ADALend


It is a challenge to build ADALend on the Cardano blockchain using Haskell and Plutus with smart contracts being quite limited in these early days. However, ADALend has announced today that after a long executive search they have hired a new Chief Technology Officer Ali Krynitsky, who brings extensive experience of working software development for Enterprise and Consumer software companies, and a deep passion for developing on Cardano.


However, ADALend stated today that they have hireda new Chief Technology Officer, Ali Krynitsky, who offers vast experience designing software for Enterprise and Consumer software firms, as well as a strong passion for Cardano development.


ADALend will launch its public IDO in March 2022 across numerous Launchpads and will list on several top-tier exchanges shortly thereafter.


The ADAL tokens will be available for purchase at the discounted rate of 55 cents until the end of the Private Sale round A on January 31st at Midnight GMT. From the 1st of February, there will be a Private Sale Round B with a price of 70 cents, which will last until the IDO Launch, when the beginning price will be 1 US Dollar.


More about ADALend: https://adalend.finance


Join Our Discord: https://discord.gg/afTpq4mQRG


Join Private Round: privatesale@adalend.finance


  Tags in this story ADALend


This is a sponsored post. Learn how to reach our audience here. Read disclaimer below. Bitcoin.com Media


Bitcoin.com is the premier source for everything crypto-related. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0 SPONSORED | 3 days ago NFT ‘ETH in Mellieha’ Set to Go on Auction for Legal Rights to Number Plate SPONSORED | 4 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleCrypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement Next articleApple on Metaverse: We See a Lot of Potential and Are Investing — CEO Tim Cook Says ‘It’s Very Interesting to Us’ Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer More Popular NewsIn Case You Missed ItUFC Partners With Dapper Labs to Launch NFT Collection "UFC Strike"


The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and ... read more.Tom Brady"s Autograph NFT Agency Gets $170 Million in Series B Funding Round These Are the Crypto Economy"s 10 Most Expensive Assets per Unit in 2022 Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country"s Muslim Population NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase

News Feed

Colosseum raises $60M to support Solana’s hackathon teams
Ana Paula Pereira8 hours agoColosseum raises $60M to support Solana’s hackathon teamsThe capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.839 Total views3 Total sharesLis
Brayden Lindrea4 hours agoEthereum, Bitcoin users reignite scalability debate as gas fees surgeEthereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours.3842 Total vi
21shares Launches Bitcoin Cash and Ethereum ETPs on Deutsche Boerse’s Xetra
21shares Launches Bitcoin Cash and Ethereum ETPs on Deutsche Boerse’s Xetra The cryptocurrency exchange-traded products (ETP) provider 21shares AG, formerly kn
Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks’ Customers
Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks" CustomersLeading Indian IT company, Tata Consultancy Services (TCS), is launching a cryptocurrency tradi
Turner Wright10 hours agoCoinbase pauses staking services in four US states following regulators’ ordersAccording to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina and Wi
Bitcoin Cash 2019: Year in Review
Bitcoin Cash 2019: Year in Review 2019 is coming to an end and the Bitcoin Cash (BCH) ecosystem has matured a great deal. BCH has successfully upgraded twice this year, adding Sc
RWA protocols are closing in on $8B total value locked: Messari
Martin Young5 hours agoRWA protocols are closing in on $8B total value locked: MessariThe TVL across real-world asset tokenization protocols has surged almost 60% since February, says blockchain analytics firm Messari.14
Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization
Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for CentralizationThe cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 pr
Trump’s Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin, Ethereum Technical Analysis: ETH Surges Past $1,200 as Latest Shadow Fork Goes Live
Bitcoin, Ethereum Technical Analysis: ETH Surges Past $1,200 as Latest Shadow Fork Goes Live ETH was back in the green, as markets reacted to the release of Shadow Fork 9. Bitcoin
Ezra Reguerra1 hour agoCoinbase CEO warns against AI regulation, calls for decentralizationCoinbase CEO Brian Armstrong said decentralization and open-sourcing AI is a better alternative to regulating the space.263 Total
Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria
Central Bank"s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria The Nigerian startup behind the social payment app for cryptocurrency and fiat, Kurepay, says the