{"id":25784,"date":"2022-08-13T02:53:46","date_gmt":"2022-08-13T02:53:46","guid":{"rendered":"http:\/\/egrowonline.com\/?p=25784"},"modified":"2022-08-13T02:53:46","modified_gmt":"2022-08-13T02:53:46","slug":"cardano-iog-explains-how-you-can-support-ukraine-relief-efforts-with-ada-tokens","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=25784","title":{"rendered":"Cardano: IOG Explains How You Can &#8216;Support Ukraine Relief Efforts&#8217; With $ADA Tokens"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Input Output Global, the company responsible for Cardano\u2019s research and development, has partnered with charitable cryptocurrency organization The Giving Block to allow Cardano ($ADA) holders to \u201csupport Ukraine relief efforts\u201d using their tokens.<\/p>\n<p>According to a tweet Input Output shared with its over 58,500 followers on an account dedicated to the press, the firm partnered with The Giving Block to allow ADA holders to \u201cdonate to charities in the Ukraine Emergency Response Fund,\u201d to ensure that \u201cvital funds reach organisations working on the ground.\u201d<\/p>\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We&#8217;ve partnered with <a target=\"_blank\" href=\"https:\/\/twitter.com\/TheGivingBlock?ref_src=twsrc%5Etfw\" rel=\"noopener\">@TheGivingBlock<\/a> to allow <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/ADA?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#ADA<\/a> holders to donate to charities in the Ukraine Emergency Response Fund, ensuring vital funds reach organisations working on the ground. Head to the donation page if you want to help this important cause <a target=\"_blank\" href=\"https:\/\/t.co\/ELKf4mBbpV\" rel=\"noopener\">https:\/\/t.co\/ELKf4mBbpV<\/a><\/p>\n<p>\u2014 Input Output Media (@IOHKMedia) <a target=\"_blank\" href=\"https:\/\/twitter.com\/IOHKMedia\/status\/1557381262251331590?ref_src=twsrc%5Etfw\" rel=\"noopener\">August 10, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In the tweet a link to The Giving Block\u2019s Cardano <a target=\"_blank\" href=\"https:\/\/thegivingblock.com\/donate-cardano-ada-for-ukraine-humanitarian-relief\/\" rel=\"noopener\">donation<\/a> page, that details that all donations made to its ADA address \u2013 which currently has 21 tokens in it \u2013 are \u201c\u00a0split equally between International Medical Corps, CARE, World Central Kitchen, Women For Women, SOS Children\u2019s Villages, Save the Children, Hearts and Homes For Refugees, and International Fund for Animal Welfare.<\/p>\n<p>Responding to Input Output\u2019s tweet, The Giving Block asserted it\u2019s \u201cproud to be a part of this amazing partnership.\u201d Organizations have been using The Giving Block to donate a number of cryptocurrencies, <a target=\"_blank\" href=\"https:\/\/www.cryptoglobe.com\/latest\/2022\/02\/canadian-healthcare-foundation-starts-accepting-donations-in-dogecoin-doge-shiba-inu-shib-and-more\/\" rel=\"noopener\">including meme-inspired tokens<\/a> like $SHIB and $DOGE.<\/p>\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Lessons from the border of Ukraine\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/xrKmzmLRQVM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/figure>\n<p>The partnership comes shortly after a Mssari report suggested that Cardano ($ADA) is being \u2018aggressively priced\u2019 ahead of the Vasil hard fork, at least when compared with rival smart contract networks that aren\u2019t Ethereum, including Solana ($SOL), Algorand ($ALGO), Tezos ($XTZ), and $NEO.<\/p>\n<p>            <!-- Inline ads (all screen sizes) --><br \/>\n            <!-- Primis --><\/p>\n<p>            <!-- Inline ads (xs-lg screens) --><br \/>\n            &lt;!&#8211;<\/p>\n<div class=\"d-xl-none\">\n<div class=\"g-pt-30 g-pb-30 text-center\">\n                    Not in use\n                <\/div><\/div>\n<p>            &#8211;&gt;<\/p>\n<p>            <!-- Inline ads (xl screens) --><br \/>\n            &lt;!&#8211;<\/p>\n<div class=\"d-none d-xl-block\">\n<div class=\"g-pt-30 g-pb-30 text-center\">\n                    Not in use\n                <\/div><\/div>\n<p>            &#8211;&gt;<\/p>\n<p>Cardano\u2019s active addresses are far below those of Solana, but tower those of Algorand, Tezos, and NEO, although it processed around 62,000 daily transactions, compared to over 296,000 from Algorand, 208,000 from Tezos, and 174,00 for NEO. Solana processes over 38 million daily transactions.<\/p>\n<p>The total value locked on Cardano\u2019s decentralized finance space is below that of Solana and Algorand, while its annualized revenue tops all other competitors except Ethereum.<\/p>\n<p>Taking this into account, Messari <a target=\"_blank\" href=\"https:\/\/www.cryptoglobe.com\/latest\/2022\/08\/cardano-ada-aggressively-priced-compared-with-sol-algo-xtz-and-neo-messari\/\" rel=\"noopener\">found Cardano is \u201caggressively priced\u201d<\/a> when it comes to its total value locked multiple, which is based on the value locked on its DeFi applications, and on its transaction multiple, which is based on the cryptocurrency\u2019s daily transactions.<\/p>\n<p>As CryptoGlobe reported, The total number of wallets on the Cardano ($ADA) blockchain has\u00a0<a target=\"_blank\" href=\"https:\/\/www.cryptoglobe.com\/latest\/2022\/08\/cardano-ada-network-surpasses-3-5-million-wallet-milestone\/\" rel=\"noopener\">surpassed the 3.5 million wallet milestone<\/a>. \u00a0Notably, the\u00a0<a target=\"_blank\" href=\"https:\/\/www.cryptoglobe.com\/latest\/2022\/08\/ada-number-of-smart-contracts-deployed-on-cardano-surpasses-3000-for-first-time\/\" rel=\"noopener\">number of smart contracts deployed on the Cardano network<\/a>\u00a0has also reached a new milestone above the 3,000 mark for the first time in the cryptocurrency\u2019s history as developers work on it ahead of the Vasil hard fork.<\/p>\n<h3><strong>Image Credit<\/strong><\/h3>\n<p><em>Featured image via\u00a0<\/em><a target=\"_blank\" href=\"https:\/\/unsplash.com\/photos\/qbc3Zmxw0G8\" rel=\"noreferrer noopener\"><em>Unsplash<\/em><\/a><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cryptoglobe.com\/latest\/2022\/08\/cardano-iog-explains-how-you-can-support-ukraine-relief-efforts-with-ada-tokens\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Input Output Global, the company responsible for Cardano\u2019s research and development, has partnered with charitable cryptocurrency organization The Giving Block to allow Cardano ($ADA) holders to \u201csupport Ukraine relief efforts\u201d using their tokens. According to a tweet Input Output shared with its over 58,500 followers on an account dedicated to the press, the firm partnered [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[340,266,7830,1615,1545,1752,216,1277,4088],"class_list":["post-25784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-cardano","tag-efforts","tag-explains","tag-iog","tag-relief","tag-support","tag-tokens","tag-ukraine"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/08\/max-kukurudziak-qbc3Zmxw0G8-unsplash-768x512.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25784"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25784\/revisions"}],"predecessor-version":[{"id":25786,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25784\/revisions\/25786"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/25785"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25784"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}