Hey Cardanians! Welcome aboard the Weekly Cardano Digest #43!!

We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.

Here are the topics of the week:

• Nuvola Introduces the Vola Network: Cardano’s DePIN Aggregator Partner Chain

• Nucast and Iagon Announce Collaboration for Decentralized Video Streaming

• MMPro Trust Expands Real-World Asset Offerings on Cardano

• Cardano Facilitates First Legally Enforceable Smart Contract in Argentina

• JPG Store Officially Launches Rocket

• Weekly Development Report

• & More!

This newsletter is segmented into categories of less technical news topics to those that are more technical, in an effort to make it easier for our readers to follow. The first category will focus on news involving the Cardano ecosystem, while the second category will focus on projects that have been announced recently. The third category, which will be found towards the end of the newsletter, will focus on the most technical topics.

This week on Cardano…

Nuvola Introduces the Vola Network: Cardano’s DePIN Aggregator Partner Chain

Nuvola announced across its social media this week that it has introduced  the Vola Network, a decentralized blockchain that aggregates storage, compute, GPU, and other resources from various DePIN protocols. This allows users and enterprises to access and utilize these resources from a single hub, without relying on any specific DePIN solution.

Key features of Vola Network include:

• Cross-chain interoperability: Vola Network enables seamless integration with different blockchain ecosystems, including Cardano.

• Scalability: The platform can handle high-demand applications such as AI and real-time data analytics.

• User-friendly interface: Vola Network focuses on reducing the barrier to entry for both Web2 and Web3 users by implementing user-controlled private key management and an intuitive interface.

The fragmentation of DePIN resources across multiple platforms has created challenges for users and enterprises. Vola Network addresses these issues by providing a unified gateway for accessing and managing decentralized resources. By bridging the gap between Web2 and Web3, Vola Network aims to foster broader adoption of DePIN technologies. READ MORE

Nucast and Iagon Announce Collaboration for Decentralized Video Streaming

Nucast, a decentralized video streaming platform, and Iagon, a decentralized storage network, have announced a collaboration to improve video storage and playback for Nucast users.

Iagon offers secure and scalable storage solutions that are fit for storing videos. With over 6.4 petabytes of storage capacity available, Iagon provides a reliable platform for Nucast to store its content. This collaboration signifies a step forward in using blockchain technology for intellectual property storage. By integrating with Iagon's network of nodes, Nucast aims to enhance its video streaming infrastructure.

Nucast was founded with the vision of empowering creators through decentralization. The platform allows filmmakers to release content in a decentralized manner, giving them more control over distribution and monetization. It also leverages NFTs to enable content ownership for viewers, meaning that consumers can acquire NFTs associated with videos, essentially owning a piece of the content they enjoy. Iagon champions a decentralized marketplace for storage and computing resources. Their core mission is to ensure data ownership for individuals and organizations. Iagon's protocol allows users with spare storage to contribute to the network while maintaining data privacy, security, and accessibility.

Through this alliance, both entities argue that this infrastructure collaboration results in faster retrieval speeds and smoother playback, particularly for high-resolution 4K video content. This collaboration showcases a shift away from centralized storage solutions towards a distributed network of users and providers. READ MORE

MMPro Trust Expands Real-World Asset Offerings on Cardano

MMPro Trust, a leading provider of real-world asset (RWA) solutions, is expanding its services to the Cardano blockchain. By leveraging Cardano's robust infrastructure, MMPro Trust aims to enhance secure and scalable RWA trading and drive innovation in decentralized finance (DeFi).

MMPro Trust's investment division has been active in the market since 2017. They specialize in buying secondary shares of companies with the goal of selling them at a profit after an initial public offering (IPO).

Pre-IPO placements offer investors the opportunity to purchase shares of a company at a discounted price before it goes public. This can potentially yield high returns on investment. However, it's important to note that pre-IPO investments carry risks.

MMPro Trust's expansion to Cardano demonstrates their commitment to providing innovative and valuable RWA solutions to investors. By leveraging Cardano's technology, MMPro Trust can offer secure, scalable, and efficient RWA trading opportunities. READ MORE

Cardano Facilitates First Legally Enforceable Smart Contract in Argentina

A groundbreaking development has occurred in Argentina: the first legally enforceable smart contract using Cardano's ADA coin. This contract is a loan agreement between Lucas Macchiavelli, co-founder of the Cardano Newsletter, and Mauro Andreoli, a fellow Cardano ambassador.

The contract terms, including the loan amount and repayment schedule, are specified on the Cardano blockchain. This ensures transparency and verifiability. The contract adheres to Argentine law, providing a clear legal framework for enforcement. The smart contract complies with Argentine law, specifically the Civil and Commercial Code and Presidential Decree 70/23. This ensures that the contract can be legally enforced in case of any disputes. This demonstrates the potential for blockchain technology to be used in formal agreements.

This milestone marks a significant step towards integrating cryptocurrencies into traditional legal systems. It demonstrates the potential for blockchain technology to streamline legal processes and facilitate commercial transactions. READ MORE

JPG Store Officially Launches Rocket

Last week, Rocket, a foolproof smart contract token developed by JPG Store, went live on the Cardano network. Rocket is a decentralized platform that simplifies the process of launching new tokens. 

Users can contribute to token launch pools, helping to fund the launch of new tokens on decentralized exchanges (DEXs). Each pool has specific goals and timelines. Participants receive tokens based on their contributions if the goals are met. If not, users are automatically refunded.

Token launches on Rocket have a limited time period. If enough ADA is contributed within this time, buyers receive tokens, and a liquidity pool is created. Rocket offers different advantages, including a fast token launch, funds for liquidity, automatic refunds in the event that a token launch is unsuccessful, fair pricing, and protection against bots. So far, different tokens have been introduced, including $UCDS, $PEPE, and $MOODENG. READ MORE

Weekly Development Report

Interesting Stories:

1. MELD launches Neobank to bridge the worlds of traditional finance and DeFi

2. FluidTokens and Genius Yield partner to improve user experience on Orderbook Dexs

3. DexHunter announces a V2 coming soon

4. SundaeSwaps announces Gummiworm, an L2 solution built to scale Cardano's DeFi ecosystem

🎊 A Message from Lucas 🎊

Hey everyone! We made it, this Saturday we will be representing Cardano at the Argentina Tech Forum, which will include figures like Charles Hoskinson and the president of Argentina, Javier Milei. This week will be packed with meetings and amazing events here in Buenos Aires. Together with Mauro Andreoli we announced on social media  an asado with Charles next Sunday, and in the first 24hs alone more than 150 registered to attend.

Stay tuned on X if you want to see these stories in real time! I hope to see you all visit my beloved country in December for the Cardano Constitutional Convention! Have a great week, builders.

–Lucas Macchiavelli