Sunday, August 1, 2021
Home Crypto News Market Cardano Foundation Long Term Plans: Onboard Ten Fortune 500 Companies,1 Billion Users,...

Cardano Foundation Long Term Plans: Onboard Ten Fortune 500 Companies,1 Billion Users, And 50 Banks

- Advertisement -

The Cardano Foundation Targets Fortune 500 Companies That Will Own And Use ADA.

In a recent You Tube Video, Frederick Gregaard, CEO of the Cardano Foundation, shared some of the lofty goals that the Charles organization has set for itself over the next five years.

Read: Grayscale Adds Cardano To Their Product Family

According to Cardano foundation strategy, three Fortune 500 companies could own and use ADA, by 2024.

Other goals include increasing the diversity of on-chain activities, publishing three more white papers, and promoting the growth of wallet addresses.

Read: What July 2021 Hold For Cardano (ADA)?

By 2026, Cardano will become a self-sustaining system that will be completely controlled by its users.

Proof-of-stake blockchain, Cardano plans to develop a suite of services with 1 billion users on board. In addition, Cardano Foundatin expects 10 Fortune 500 companies to hold ADA by 2026.

When it comes to shorter-term goals, the Cardano Foundation plans to increase interoperability and onboard 50 banks by 2022.

ReadCardano Gets On The Top Of Stakeable Assets List With More Than 70% Of Total ADA Supply Is Now In Staking

Tesla and Square are currently the only Fortune 500 companies with Bitcoin on their balances. None of them own any altcoins as per their latest regulations.


As far Cardano founder and its team are concerned, there is high chances that Cardano will certainly attract Fortune 500 companies and multiply its users big times once smarts contracts are rolled out.

Watch Video:

- Advertisement -
Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Cardano Founder, Charles Hoskinson “Users Can Run Smart Contracts The Moment Hard Fork Comes On.”

Cardano (ADA) founder Charles Hoskinson in his latest live stream update on YouTube confirmed that “we are on schedule things are moving along, chugging...

Microstrategy CEO, Michael Saylor Defends $2.2 Billion Debt-Financed Bitcoin Buys

In a recent interview with CNBC MicroStrategy CEO, Michael Saylor defends $2.2 billion debt-financed bitcoin buys. window.coinzilla_display...

Cardano Price Prediction: Cardano Awaits A Range Breakout For 40% Upswing

Cardano anticipates a breakout from a range of two key moving averages (50 SMA and 100SMA) in the 12-hour chart. Bullish RSI is giving...

Binance Stops Crypto Futures Trading Services Across European Countries

Binance Exchange will stop offering Futures and Derivatives trading products for all European users. window.coinzilla_display = window.coinzilla_display...

Michael Saylor “Bitcoin Is Digital Real Estate And Is Now Held By More Than 114 Million People, Making It The Most Widely Held Financial...

Microstrategy CEO Michael Saylor always shows that he is a faithful supporter of Bitcoin. Microstrategy currently holds 105,085 BTC. Michael Saylor is among the...

Bitpay Adds Support For Litecoin And Newegg Becomes The First Merchant To Accept LTC Through Bitpay

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced support for Litecoin in the BitPay Wallet app. Consumers can buy, store and...

Yoroi Wallet To Release Dapp Connector That Will Allow Interactions Between Users And Dapps On Cardano Blockchain

Cardano (ADA) smart contracts are coming soon and so is its infrastructure advancing. window.coinzilla_display = window.coinzilla_display ||...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly