Cardano Gets a YES from Japan’s National TV

Cardano’s ADA token, is the 11th most popular cryptocurrency token. It is currently valued at $0.05 with a market capitalization of $1.3 billion. The token has made significant progress in 2018. But To kick-off 2019, they were also featured on Japanese National TV. According to Mickey’s Tweet, the Japanese National Broadcast TV station introduced Cardano as a reliable and scientific project. The blockchain project was also described as having an active community. But this isn’t Cardano’s only Japanese television debut. According to CryptoVibes, Charles Hoskinson, the CEO of Cardano was also seen on the official national Japanese TV Channel BS1. Hoskinson appeared in a documentary titled Capitalism – the Desire of 2019.

Cardano may not have as strong or visible impact in the US or other developed Western nations unlike Ethereum. However, in other parts of the world, Cardano has the potential to gain explosive growth. Their positive exposure to the Japanese market is a big win for the organization. Unlike investors in other parts of the world, Japanese investors are more conservative and less likely to take on risky investments. This coverage will bring on more Japanese investors as it highlights the academic credibility of Cardano which will give confidence to these investors. Additionally Cardano is noted to be the most actively developed token in the last year.

Furthermore, Cardano has also undergone major enhancements with their recent Cardano 1.4 release which resolved a lot of problems that had affected many users earlier before. The update also provides improvements when it comes to the hard drive space required to store data and information on the Cardano blockchain network. When it comes to Cardano’s technical aspects, they’re really right in front of many other blockchain networks. Input Output Hong Kong, a research and development company contracted to build, design, and maintain Cardano until 2023 has also published the Proof of Stake (PoS) whitepaper, a fundamental development for the Cardano blockchain network.

So what are your thoughts on this situation guys?
Do you think it’s about time that Cardano gets the recognition they deserve?
Do you think they’re going to be the Ethereum and Neo killer and they can deliver on their promises?
Or do you think they’re too ambitious and it’ll take them way too long to build out their platform?

Let us know in the comments below.

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Cardano Gets a YES from Japan’s National TV

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Kane Dane