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Cardano Allocates $100M For Defi & NFT Development, Can it Boost $ADA Price?

source-logo  coingape.com 29 September 2021 15:40, UTC

Cardano’s financial arm Emurgo allocated $100 million towards the development of the Defi and NFT ecosystem. The financial boost can help Cardano become a hotspot for upcoming Defi and NFT projects as the blockchain became smart contract compatible post-Alonzo upgrade. Emurgo’s CEO Ken Kodama said,

coingape.com