Cardano's failure has been attributed to a number of factors, including low interest rates from venture capital funds.
EMURGO's latest initiative aims to address the shortage of VENTURE CAPITAL. Cardano's tokenomics is a disadvantage for venture capital funds. Cardano's systematic approach to #blockchain development always involves technical and functional updates. The most recent example is the recent Phase 1 change for decentralized governance. However, despite these advances, the stagnation of the project's #token value has led some observers to call it unattainable. CARDANO's poor performance has been attributed to several reasons, including poor MARKETING, LACK of integration with major stable coins, and limited INTEREST in Venture Capital (VC). However, the new EMURGO initiative aims to address the VC shortage.
To address the lack of VC interest in #Cardano , EMURGO announced a strategic partnership with ANTLER Ibex, a recently launched innovative platform designed to accelerate the growth of blockchain-based projects.
¶ EMURGO is proud to announce a strategic partnership with Ibex, the corporate innovation arm of @AntlerGlobal, one of the most active early stage investors in the world. 1 The
initiative is designed to fully support Cardano startups that are solving real-world problems. Sheldon Hunt, head of the Cardano ecosystem at EMURGO, said the project will receive help in turning ideas into scalable businesses. That support includes funding, mentoring and access to a network of industry contacts, including influencers from traditional industries and financial firms.
EMURGO said the partnership with Ibex is aimed at developing commercially viable #Web3 solutions, expanding Cardano's technological capabilities and
"fostering breakthrough innovation.
The CARDANO community has warmly welcomed
announcement, and many owners see it as a promising step toward addressing the lack of venture capitalist participation in the ecosystem. CEO
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