Having already paid out over 1/2 million dollars' worth of Cardano rewards to investors, CardanoEvo strives to mirror the ethics, transparency and charitable status of Cardano. Since the beginning, the team behind CardanoEvo built a strong and supportive community inclusive of investors who are interested in the long-term performance of this particular project.
Unique Features:
CardanoEvo is based on the BSC blockchain which is a smart contract that stands for frictionless yield and liquidity generating.
The blockchain rewards holders with reflections in Cardano that are funded by transaction taxation.
The CardanoEvo token also comes with in-built investor protection which means there is a limit on how many tokens a wallet can hold and transact.
There is an anti-bot function embedded in the fabric of CardanoEvo to avoid running into hackers and scammers.
Panic sell-off and hoarding which are inevitable woes of several crypto projects are discouraged in CardanoEvo smart contract.
There is an auto-added liquidity option that adds 3% of each transaction into liquidity providing.
Burn functions are not automatically activated but require manual indication so that deflation can be maintained when it is needed.
The Cardano evolution ecosystem applies a 15% ‘buy' and a 17% ‘sell' fee to each transaction respectively. Wallet transfers are also included in this fee which has several functions.
The various functions of the CardanoEvo smart contract help stabilize token price and thus the market capitalization.
Detailed Tokenomics Data:
Cardano is already one of the most prominent cryptocurrencies due to its decentralized nature and use-cases. But cardanoEvo in itself has an interesting token model that we have explained below:
The CardanoEvo token's majority (around 66.4%) is available on Pancakeswap. Developer wallets make up 2% of the total. The taxation model requires all buy transactions to bear 15% tax out of which 5% goes to marketing wallet, 3% to enhance liquidity, and 7% to Cardano token reflections. On the other hand, sell transactions levy 17% of sell tax out of which 8% is used for Cardano token reflections, 3% for liquidity, and 6% for marketing wallet.
The way the members of the community of CardanoEvo, contract, and the token reflections communicate with each other is exemplary and it unfolds as follows:
Investors put capital into a project
A tax is collected for each buy/sell transaction
A fraction of the tax goes to the buyback system
7% of the remaining taxes are swapped into Cardano to be redistributed among holders.
CardanoEvo token is under the process of getting listed in several well-known crypto exchanges and is already listed and traded on Coinsbit. For now, you can track all information of the token at CoinMarketCap, Crypto.com, Coinbase, and on Trustwallet.
What is EvoSwap Beta?
EvoSwap is a decentralized exchange that the CardanoEvo dev team has launched in its Beta mode. It is a system that would allow the swapping of cryptocurrencies. Using EvoSwap, any crypto can be swapped on the Binance Smart Contract.
According to the official notice, EvoSwap Beta is the first stage in the EvoSwao system. This decentralized exchange platform by the CardanoEvo team would also support future staking and more pairings in the days to come.
Roadmap of CardanoEvo
A glance at the project's ambitious roadmap and achievements completed tells us that CardanoEvo has a long way to go. According to the roadmap available on their website, the project has already completed its phase 1 & 2. It is currently in phase 3 at the moment and the dev team has planned until phase 5 of this unique project. Information regarding the upcoming phase would be released soon.
During phase 1 of its development, CardanoEvo achieved the following:
Token design & collaboration with associated contract designers
Draft whitepaper and creation of a roadmap
Confirmed the leadership team to guide the project.
Created International and ancillary boards along with Telegram main.
Started negotiations with influencers
During phase 2 of its development, CardanoEvo achieved the following:
Launched main website design
Social media presence built
Released the whitepaper
Completed contract testing
Marketing campaign awareness
Fairlaunch
Applied to CoinMarketCap and Coingecko
Added Cardano news blog
Coding started for EvoSwap DEX
Coding started for EvoNFT marketplace
Held AMAs in various Telegram group chats
Now in phase 3 of development, CardanoEvo is working on improving its service to cater to professional investors and all other community members. By now they have already;
Launched daily AMAs
Applied on Blockfolio App
Completed listing on Coinhunt and Gemfinder
Applied for Binance Smart Chain
Upcoming Plans for CardanoEvo
The best thing about CardanoEvo is its constant evolution. So far, CardanoEvo has launched its official website, EvoDashboard, EvoSwap beta, and also a merchandise store.
Prior to the end of 2021, the team is wrapping up some extremely ambitious enhancements and features to the CardanoEvo ecosystem includomg; - Updates and enhancement to EvoSwap - Staking abilities - Additional currency pairings within EvoSwap - NFT Marketplace - A new companion utility token - A new buyback mechanism - A new boost mechanism
And while the CardanoEvo team won't go into specifics, they say two of the upcoming releases before the end of 2021, will include features never before seen on the BSC.
Being a community-led project, CardanoEvo shows immense potential to grow into something useful for investors professionally, ethically, and legally.
If you own an ecommerce startup, at some point you’ll find yourself in one of these situations. #1. The last bits of preparation and development are almost over, and you count days for your store to be out there. You’ve reviewed all possible online merchant guides and followed ecommerce business plan tips. Now, you can’t […]
In a press release Bakul Patel, director of the FDA’s Digital Health center, stated:
“As technology continues to advance all facets of health care, software has become an important part of many products and is integrated widely into medical devices. The FDA recognizes this evolving landscape and seeks to provide our latest thinking on regulatory considerations for device software functions that is aligned with current standards and best practices.”
The draft guidance pertains to software in a medical device (“SiMD”) and software as a medical device (“SaMD”). The Regulatory Affairs Professional Society (RAPS) describes SiMD as “software that is a part of a medical device or controls it” and SaMD as “software that meets the definition of a device but is not part of the overall device’s hardware.” According to the FDA, both SiMD and SaMD are “device software functions.”
The draft guidance is intended to cover: firmware and other means for software-based control of medical devices, stand-alone software applications, software intended to be operated on general-purpose computing platforms, dedicated hardware/software medical devices, and accessories to medical devices when those accessories contain or are composed of the software.
Portions of the draft guidance to consider include the software device documentation and software risk management requirements. Software may require a basic or enhanced level of documentation, depending on risk to a patient, user, other individual, or environment. A risk assessment and risk management plan may be required.
PORTLAND, Ore. – November 4, 2021 – SensiML™ Corporation, a leading developer of AI tools for building intelligent Internet of Things (IoT) endpoints, today announced that it has teamed with onsemi to deliver a complete machine learning solution for autonomous sensor data processing and predictive modeling. The collaboration combines SensiML’s Analytics Toolkit development software with the RSL10 Sensor Development Kit from onsemi to create a platform ideal for edge sensing applications such as industrial process control and monitoring. SensiML’s ability to support AI functions in a small memory footprint, along with the advanced sensing and Bluetooth® Low Energy connectivity provided by the RSL10 platform, enables sophisticated smart sensing without the need for cloud analytics of highly dynamic raw sensor data.
Recently we conducted pre-testing (testing done in-house to increase confidence before undertaking more expensive formal testing) for ISO 18562-2:2017 Biocompatibility evaluation of breathing gas pathways in healthcare applications — Part 2: Tests for emissions of particulate matter is an ISO standard for particulate testing in breathing gas pathways. This is a sub-standard of the larger […]
Today on Fintech, we are please to speak to Vinny Yu and Jeff Tsai, Co-Founds of JAVLIN Invest. JAVLIN Invest is the only portfolio optimization app to provide both risk-return portfolio optimization and the ability to project long-term risk-return based on potential macroeconomic conditions. Leveraging machine learning and sophisticated risk models, JAVLIN Invest offers self-directed […]