- Cardano (ADA): Cardano (ADA) is a third-generation decentralized proof-of-stake (PoS) blockchain platform suffering from losses in the 2023 market, with a current circulating supply of 34.6 B ADA.
- Direct Property Africa Token (DPAT): A game-changer for international investors and African developers, DPAT offers asset backed tokens, allowing anyone to invest in African projects safely and transparently with as little as $5. The DPAT smart contract audit was completed successfully and KYC process also finished with Coinsult.
- Market Outlook: While Cardano continues its struggles, the crypto world has grown stronger for several coins with much higher possibilities of increasing in value. However, Direct Property Africa Token has been gaining traction from analysts over the last few weeks.
Cardano (ADA)
Cardano (ADA) is a third-generation decentralized proof-of-stake (PoS) blockchain platform that aims to outperform proof-of-work (PoW) platforms in terms of efficiency. PoW platforms like Bitcoin have a limited capacity due to high energy consumption and lengthy transaction times. ADA is trying to make up for its losses in 2022 but has not seen significant price gains yet in 2023. Currently there are now 34.6 B ADA in circulating supply, trading 86.88% below its all-time high of 256.12.
Direct Property Africa Token (DPAT)
Direct Property Africa Token (DPAT) is a new project aiming to change the way retail investors access African assets by offering asset backed tokens which can be invested into real estate and infrastructure projects from across the continent such as Accra in Ghana or Cape Town in South Africa with as little as $5. The DPAT smart contract audit was conducted by SolidProof and their KYC process was completed with Coinsult. Investors who hold DPAT will gain access to rewards and incentives including deposit bonuses, discounts on transaction fees, governance membership, VIP African safari and city trips among other things.
Market Outlook
The crypto world has recently been stronger for several coins with much higher possibilities of increasing in value while Cardano continues its struggles despite trying to make up for losses this year. On the other hand Direct Property Africa Token has been gaining traction from analysts over the last few weeks due to its features that could open up new opportunities for retail investors accessing African assets safely and transparently at fractions of cost before denied them otherwise.