EMURGO Group Reveals Strategy to Address Cardano Ecosystem Gaps
In a recent interview with Cointelegraph Magazine’s editor, Ken Kodama, CEO and founder of EMURGO Group Pte. Ltd., discussed the organization’s new approach to fill 21 gaps in Cardano’s ecosystem. EMURGO, a founding entity of the Cardano blockchain, is transitioning to a venture studio model to address these areas. Kodama outlined two methods to address the gaps: developing in-house solutions and making investments. EMURGO plans to host hackathons and offer grants to encourage Cardano developers to contribute. One of the key areas identified by Kodama is the need for decentralized identity (DID) applications within the Cardano ecosystem. Additionally, EMURGO aims to contribute to the development of layer-2 solutions and explore zero-knowledge rollups and optimistic rollups. The organization is also focused on improving the developer experience by supporting new toolkits and programming languages for Cardano smart contracts.
Hot Take
EMURGO Group, a founding entity of the Cardano blockchain, is taking steps to address 21 areas where the ecosystem can be improved. The organization plans to fill these gaps by developing in-house solutions or making investments. EMURGO will host hackathons and offer grants to motivate developers. One of the key areas of focus is the lack of decentralized identity (DID) applications on Cardano. EMURGO also aims to contribute to the development of layer-2 solutions and explore zero-knowledge rollups and optimistic rollups. Improving the developer experience is another priority, with support for new toolkits and programming languages. EMURGO’s efforts could help drive the adoption of Cardano’s Web3 ecosystem and address crucial areas for improvement.
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