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In fact, Cardano (ADA) price has been trending downside since the end of 2021 when it broke below $2 and has continued in that direction as larger cryptocurrencies re-test critical support levels.Cardano Facilitates Entry Into Its Ecosystem
Cardano developer IOG recently revealed the launch of Essential Cardano. An initiative was created to make it easier for users to explore the ADA-based ecosystem. Deployed in its beta phase, the initiative will be supported by a “rich” directory of “sharable” content that aims at showcasing the best of the Cardano ecosystem. The community will be able to contribute and access Blogs, videos, and relevant information on the growth of Cardano.Related Reading | Cardano (ADA) Real Volume Suggests Downtrend Is Far From Over
As IOG has stated in the past, their community is a key component of the network. They are providing users with more tools to have a voice in Cardano’s future. IOG added the following on the launch of this initiative in its beta phase:We want to share early and build this out together. The platform can still be improved on with the community’s input. Some things may break in beta. This is your chance to help get it off to the best possible start & grow it together.
Launching officially today in Beta, we hope will grow into a definitive ecosystem resource for understanding & everything around it. And spreading the word by sharing the best. Built on GitHub, curated by IOG, but driven and populated by the community. — Tim Harrison (@timbharrison)