Cardano logo
Cardano Profile (ADA)
Score: 8.39 | Strong
Adventurous Large Cap
Project Safety Score

Wed, Jul 28, 2021 11:55 AM

Score 8.39
Rating Strong
Market Cap $40573686730.57
24hr Volume $2103534515.5944
Price $1.2663025100097
Review

Cardano

coin

3rdgen blockchain

Cardano (ADA) is a decentralized platform that will allow complex programmable transfers of value in a secure and scalable fashion. Development started in 2015, and it then raised around $60 million in an ICO in 2017 before its release. It is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. The development team consists of a large global collective of expert engineers and researchers. It also plans to use a democratic governance system that allows the project to evolve over time, and fund itself sustainably through a treasury system.

Read more in the whitepaper:
https://www.cardano.org/en/academic-papers/

Cardano Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Cardano Safety Report

Cardano has a safety score of 8.39

Cardano is a large cap coin.

Cardano is suited to a adventurous investment style.


Cardano Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:

Cardano Red Flags

There are currently no Cardano red flags.


Cardano Development Score

The Cardano project has 93 active source code repositories.

The most recent commit was Wed, Jul 28, 2021 11:41 AM

  • 1291 Watchers
  • 4241 Stars
  • 1943 Mentionable Users
  • 0 Vulnerabilities
  • 263 commits in the last 28 days.
Highlights:

Cardano Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is high indicating that this project is well-regarded in the community who talk often and mostly postively about this project.
Highlights:

Cardano Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Cardano?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Cardano has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:

Cardano Awareness Score

The awareness score indicates how well Cardano is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Cardano is but a good measure of longevity is how well the project is known by the general public.

Overall Cardano this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:

Cardano Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:

Cardano Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Cardano Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Cardano Reviews

93.75%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

Community Signals

3.14

(14 Review)
Vote Winner
amazing
Bulls vs Bears
neutral
Watching
0
Trending Position
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Cardano Reddit
Cardano Github
Cardano News
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  • Cardano Hits Market Cap of $40.03 Billion (ADA)

    Tue, Jul 27, 2021 3:58 PM

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    Tue, Jul 27, 2021 8:05 AM

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