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The current web of Dapps is spun around Ethereum. The Ethereum network is plagued with serious problems of scalability, speed and cost. Any new change in the foreseeable future does not seem to appreciably solve the problem. It is reaching a stage where it is not far fetched that it will choke. Serious alternatives are required. While BSC solves some of the concerns, its centralization makes it an odd one in this decentralized space.
There are many emerging alternatives to Ethereum with a nascent ecosystem of Dapps. The most promising among them are :
- 1.Cardano:It is largely acknowledged that Cardano is a sleeping giant. But it is closing to its awakening epoch. It possesses clear advantages over the Ethereum network and ushers the best of the third generation blockchain. It has clear advantages in terms of scalability by design, speed and cost. Future development plans also include building quantum-resistant addresses, on-chain voting, and off-chain payments. This will be a game changer towards mass adoption of blockchain technology as it will be capable of bringing the technology to the masses by removing bottlenecks to adoption.
- 2.Solana : Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.
- 3.Polygon : Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.
- 4.Kucoin Community Chain : This is the newest entrant in this space. KCC is a decentralized public chain with high performance.Its purpose is to solve the problems such as low performance and high cost of public chain, to provide community users with faster, more convenient and low-cost experience.
Ecosystem of Dapps built on these networks are at a very nascent stage. But without this ecosystem, they cannot grow. As such, it is essential to bring new innovative projects to these networks to create an ecosystem of thriving innovation. It is expected that a lot of promising projects will come to them. As such, creating a launchpad for easy, secure and grander launch of such projects is a call of the hour.
The presale ecosystem in these networks are currently broken. Projects are dependent on platforms which lack functionality.
There is a lack of ecosystem services which creates an even playing field and rewards talented projects.
It is a pain for project owners to get exposure. Marketing is the key for a project’s success but it is the most costly as well. Viral marketing is a kind of marketing which creates a ripple effect through word of mouth and is often considered the cheapest form of marketing which gives the best result. Affiliate marketing is one of the viral marketing techniques. Anyone referring someone to the presale earns a percentage of the tokens sold. There is no means to implement this referral program for an average project.
Cardence is being created to cater to this need and to be a one stop solution for all new projects on these networks. It will be the most advanced launchpad available on any platform so far. It is being designed in a way that it fosters innovation and creates the most secure platform for fund raise.