Hey Cardanians! Welcome aboard the Weekly Cardano Digest #44!!

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:

• Charles Hoskinson Signs MoU With Globant

• NMKR Token Listed on LCX Exchange

• SyncAI Partners with Moneta to Enhance DeFi Experience

• Indigo Labs Open-Sources Iris Project

• Cardano Introduces Ouroboros Peras

• 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…

Charles Hoskinson Signs MoU With Globant

Cardano founder Charles Hoskinson met with Globant leaders during his visit to Buenos Aires. Globant is an Argentina-based technology company specializing in digital solutions.

Input Output Global, the developer behind Cardano, signed a Memorandum of Understanding (MoU) with Globant to explore the potential of combining blockchain and artificial intelligence.

Globant is a renowned technology company with expertise in software development and digital transformation. The company operates across various sectors, including finance, healthcare, and telecommunications, offering tailored solutions to enhance operational efficiency and innovation. In over 21 years of operations, it has expanded across 33 countries. 

Hoskinson also met with Globant’s founders, current president, and CTO in July, when he visited the country to attend Argentina Digital Nation. Their most recent meeting signifies a strengthening relationship and Cardano's commitment to integrating AI. This partnership aligns with Cardano's goal of attracting more developers, dApps, and users to the platform. READ MORE

NMKR Token Listed on LCX Exchange

LCX Exchange has announced the listing of the NMKR token, making it the first Cardano token to be listed on the platform. This marks a significant milestone for both NMKR and the Cardano ecosystem.

LCX is a regulated cryptocurrency platform that bridges traditional finance and blockchain technology. They offer a secure and user-friendly environment for trading digital currencies and conducting token sales.

NMKR is a platform that provides tools for creating and managing NFTs and real-world asset tokens. Their mission is to empower artists, brands, and developers to leverage blockchain technology and NFT technology. The NMKR token unlocks features and rewards for users within the NMKR ecosystem.

The listing of NMKR on LCX Exchange provides increased visibility and accessibility for the NMKR token, opening up new opportunities for users to acquire and trade it. READ MORE

SyncAI Partners with Moneta to Enhance DeFi Experience

SyncAI, a DePIN network on Cardano, has announced a partnership with Moneta, the issuer of USDM, a fiat-backed stablecoin. This integration allows users to easily mint and use USDM within the Sync app.

Key benefits of the partnership:

• Simplified USDM minting: Users can mint USDM directly from their bank accounts.

• Expanded DeFi capabilities: Users can leverage USDM for dollar-cost averaging, trade scheduling, and other DeFi activities.

• 2x XP boost: SyncAI is offering a 2x XP boost to USDM holders during Season 3 of its Incentivized Testnet.

• SyncAI is a platform that connects users, dApps, and blockchains. It provides a user-friendly interface for interacting with Web3 applications. Moneta's USDM is a stablecoin that serves as a valuable asset for DeFi protocols on Cardano.

This partnership aims to make DeFi more accessible and user-friendly by providing a seamless integration between SyncAI and USDM. READ MORE

Indigo Labs Open-Sources Iris Project

Indigo Labs has announced that the Iris project is now open-source. Iris is a platform that collects and provides data feeds and APIs for decentralized exchanges (DEXs) on Cardano.

Iris indexes various DEX-related data, including swaps, deposits, withdrawals, zaps, and order cancellations. It also provides a unified API and websocket feed for accessing this data.

Indigo Protocol, the creator of Iris, is focused on tokenizing digital and real-world assets on Cardano. This aims to democratize access to financial opportunities and create a more inclusive global economy.

By making Iris open-source, Indigo Labs is contributing to the development of the Cardano ecosystem and empowering developers to build innovative applications. READ MORE

Cardano Introduces Ouroboros Peras

Cardano is making significant progress with the introduction of Ouroboros Peras, a new consensus protocol. This development aims to improve the efficiency and scalability of the Cardano blockchain.

Ouroboros Peras is an extension of the existing Ouroboros Praos protocol. It focuses on addressing issues related to transaction settlement time. By using a stake-based voting system, Peras aims to select the heaviest chain, ensuring faster and more efficient transaction confirmation.

Cardano's approach to development emphasizes rapid prototyping, allowing for faster implementation of new innovations. This is a departure from the traditional, slower pace of blockchain development.

The introduction of Ouroboros Peras marks a significant milestone for Cardano. It demonstrates the platform's commitment to innovation and its potential for future growth and adoption. READ MORE

Weekly Development Report

Interesting Stories:

1. Charles Hoskinson delivers keynote speech at the Argentina Tech Forum

2. DexHunter announces that Interface V2 will be coming soon

3. Minswap integrates Metamask for Cardano trading

4. Tokeo announces that its Android Public Beta is now live

5. DeFi Llama now tracks Cardano’s USDM on its platform

🎊 A Message from Lucas 🎊

This week has been one of the busiest weeks of the entire year, filled with back-to-back meetings, workshops, and blockchain events. On Wednesday we received Charles Hoskinson and the IOG team, who traveled to Buenos Aires to participate in several events. The first was the Cardano Summit, a key community event where Charles gave a keynote address. 

The following day was the much anticipated Argentina Tech Forum, an event that hosted panel discussions on leading disruptive technologies. There, I had the chance to listen to Charles’ opening speech and Argentina’s president, Javier Milei, delivering the closing address. To wrap up an incredibly busy week, Mauro Andreoli and I organized an asado on Sunday for the Cardano community in Buenos Aires. It was a fantastic event with blue skies, excellent meat, and even better company.

–Lucas Macchiavelli