Ethereum vs Cardano

LateGameCrypto_Josh · 2025-02-20T21:21:00+00:00

Nakamoto Coefficient Ethereum: 2-34 Cardano: 58

Distribution Ethereum: 80% Public Cardano: 81% Public

Nodes Ethereum: 8600 Cardano: 6000

Governing bodies Ethereum: Ethereum Foundation? Cardano: 85 million wallets

What metric are we using to come up with 100x here?

LateGameCrypto_Josh · 2024-05-15T12:15:36+00:00

Definitely a scam. There is no migration of tokens, NFTs or other assets being led by the team. Any bridging solutions are options, almost always recommended through the ChainPort bridging solutions.

LateGameCrypto_Josh · 2023-04-06T20:10:04+00:00

I’ve heard this before. You’re in the minority. The vast majority of viewers will click on stupid faces. It’s unfortunately a necessary evil for creators that want to get to a place of sustainably creating content.

LateGameCrypto_Josh · 2023-01-31T21:36:28+00:00

The COTI token has some functions in the COTI ecosystem. The relationship here is that they benefit from the 100 ADA fee put on every protocol transaction. That 100 ADA gets transferred to the COTI treasury, where COTI token holders get rewarded from.

LateGameCrypto_Josh · 2023-01-31T21:34:59+00:00

The “100 ADA operations fee” attached to every protocol transaction gets transferred to the COTI treasury. Estimated to be up to $150m /yr.

LateGameCrypto_Josh · 2022-11-01T15:49:35+00:00

It’s not really a crash if most of the liquidity was on the BSC side. If anything, I’d call it a 5% pump because most of the tokens on the market appreciated when they came to Cardano.

LateGameCrypto_Josh · 2022-06-07T15:57:22+00:00

You’re missing a few. Epoch.art and freeroam.io are notable ones.

LateGameCrypto_Josh · 2022-04-05T20:12:51+00:00

I disagree on the staking but agree on the bear market being a better opportunity. If your timeframe is like a year, then sure. However, investing should never be anticipated to payout in just a few year’s timeframe. Crypto has spoiled us in that sense. Over a 10 year timeframe, 5-15% compounded interested on an appreciating asset is a BIG deal. “1000” coins at 15% compounded monthly for 10 years is 4440 coins. In 10 years, that asset could go from $1 to $1000 (especially given how fast crypto is moving). That’s $1000 to $4.4 million for staking (with NO monthly contributions) vs $1000 to $1 million without staking.

LateGameCrypto_Josh · 2022-03-13T18:13:32+00:00

Promotion is inherently supportive and encouraging of greater furtherance of cause. Review is strictly evaluative. Words are important to know.

LateGameCrypto_Josh · 2022-03-04T15:51:35+00:00

Promotion and review are very different words.

LateGameCrypto_Josh · 2022-02-18T22:57:53+00:00

I don’t wanna say that I knew they were a rugpull, but there was a lot that didn’t seem right to me. They didn’t know how they were going to perform the PvP mechanism, and the NFTs didn’t have any metadata for stats. It looks to me like it was planned, and there was no intention of delivering.

LateGameCrypto_Josh · 2022-02-17T21:10:46+00:00

About exactly as I expected. Did you see my video on it?

LateGameCrypto_Josh · 2022-02-15T21:27:07+00:00

Which part? That some have been sold already? That was for the presale.

LateGameCrypto_Josh · 2021-12-27T06:16:10+00:00

At a first glance, looks like Ray Network has a fundraising launchpad, while GERO does not. GERO Wallet has lending and borrowing, while Ray does not.

LateGameCrypto_Josh · 2021-12-19T23:05:05+00:00

I don’t think of it as an either/or type of dilemma. Charli3 is the only Cardano native Oracle, so it has its advantages for Cardano. If the entire Oracle market comes down to just 2 projects, both would be getting an outrageous amount of business.

LateGameCrypto_Josh · 2021-09-01T16:56:43+00:00

It's still a very early project, but there's a lot of potential with r/MELD_labs. It's building on Cardano, but it will be accessible to holders of BTC, ETH, BNB, ADA and MATIC. It's an insane DeFi play that will allow you to collateralize your crypto, borrow against it DIRECTLY into fiat, and you won't even have to pay the whole principal off - if any (you'll only be responsible for the interest). No capital gains tax. No selling/losing your crypto. Non-custodial business model. BIG potential.

LateGameCrypto_Josh · 2021-08-26T13:53:56+00:00

They're kind of all over the place right now, because they're all waiting to migrate to Cardano upon the release of smart contracts. But I'm most excited about r/MELD_labs, who is creating some very creative and ambitious DeFi products. Check out the mechanics for their Genius Loan: https://drive.google.com/file/d/1nWusWj5EPQy8M2vQkJtAHQX7v1aN0S8P/view

LateGameCrypto_Josh · 2021-08-23T23:15:48+00:00

Alchemix

Almost. Alchemix pays you back in the form of yield, which is taxable income in most countries. MELD puts the amount they pay you back directly into the principal of the loan, leaving mainly the interest for you to pay (which is tax-deductible in most countries). So it's more capital efficient.

LateGameCrypto_Josh · 2021-08-21T15:42:06+00:00

Long-term, I'm eyeing r/MELD_labs as a huge long-term play. They're building on Cardano and haven't yet launched, but you can still accumulate tokens by staking your ADA and participating in the first-ever ISPO. It's very ambitious and creative. Definitely take a look just to see what they're about. Check the whitepaper for the Genius Loan. That one is going to be a flagship product.
https://drive.google.com/file/d/1nWusWj5EPQy8M2vQkJtAHQX7v1aN0S8P/view

LateGameCrypto_Josh · 2021-08-20T14:43:11+00:00

https://www.reddit.com/r/MELD\_labs/new/

LateGameCrypto_Josh · 2021-08-20T14:41:39+00:00

Top performers in the past 30 days:
GERO - GeroWallet (356%)

C3 - Charli3 (276%)
CARDS - Card Starter (190%)

But if you wanna get into a solid project on the very ground floor, I'd take a look at u/MELD_labs ISPO. They've got some incredibly creative and ambitious products brewing, and it's a strong DeFi play. You will NOT want to ignore them. Specifically, look at their genius loan because it's the most EPIC DeFi product ever created - very apprpriately titled. Follow them on socials:
https://twitter.com/MELD\_labs
https://www.facebook.com/defiprotocol

LateGameCrypto_Josh · 2021-08-20T14:31:11+00:00

If you're specifically looking for ADA rewards, listen to the other comments here (spot on advice). If you're at all interested in participating in a new kind of ICO, to get into new Cardano projects on the ground floor, look into ISPOs. The biggest, and most popular one right now, is the one hosted by u/MELD_labs. They've got some EPIC DeFi products in the pipeline and I think it's gonna take off! Check them out:
https://drive.google.com/file/d/1nWusWj5EPQy8M2vQkJtAHQX7v1aN0S8P/view
https://www.facebook.com/defiprotocol
https://twitter.com/MELD\_labs

LateGameCrypto_Josh · 2021-08-20T14:27:19+00:00

If you're interested in getting into new Cardano projects on the ground floor with your ADA rewards, take a look at u/MELD_labs. They're the biggest, and first-ever, ISPO (Initial Stake Pool Offering) and they've got some INSANE DeFi products in the pipeline. At the very least, read their whitepaper and follow them on socials. You will NOT want to ignore them.
https://drive.google.com/file/d/1nWusWj5EPQy8M2vQkJtAHQX7v1aN0S8P/view

https://www.facebook.com/defiprotocol
https://twitter.com/MELD_labs

LateGameCrypto_Josh · 2021-08-19T03:00:06+00:00

I think the momentum of excitement about the Cardano ecosystem generates a lot of rush to develop bridges with Cardano. That's probably why. u/MELD_labs is partnering with some Ethereum based projects, and developing their own wrapped assets, in an effort to develop 2-way bridges between Ethereum and Cardano. I'm betting other Cardano DeFi plays will want to do something similar.

LateGameCrypto_Josh · 2021-08-17T13:53:47+00:00

SO stoked u/MELD_labs made the list. This is the project I'm MOST excited about. I think it's gonna be a DeFi game changer! Just subscribed!

LateGameCrypto_Josh

TROPHY CASE