Cardano: Innovation Capital Hub by Milkomeda Developer ‘dcSpark’
In a current Twitter thread, Sebastien Guillemot, Co-Founder and CTO at blockchain firm dcSpark introduced an formidable plan to rework Cardano into the prime platform for elevating capital for innovation. Guillemot’s announcement introduces the Milkomeda Asset Consolidator, a device designed to streamline the method of elevating funds throughout a number of chains.
In response to Guillemot, a former VP of Engineering & Cardano Product Supervisor at EMURGO, elevating funds throughout totally different chains has historically been a posh and difficult course of, with many tasks discovering themselves in a liquidity predicament whereas attempting to supply a swap mechanism from their presale token to the token for his or her ultimate product. The Milkomeda Asset Consolidator goals to resolve this concern by aggregating all gross sales right into a single Cardano asset.
Guillemot believes this new device will make the fundraising course of simpler, permitting venture founders to concentrate on constructing their merchandise. He notes that many new founders becoming a member of the Cardano DeFi summer season are turning to public gross sales attributable to low DeFi curiosity from VCs. With the Milkomeda Asset Consolidator, these founders can now entry extra capital to construct their tasks.
The Milkomeda staff can also be engaged on different improvements, together with calling EVM dApps immediately from any Cardano pockets and incomes staking rewards utilizing EVM dApps deployed within the Cardano ecosystem. Guillemot additionally hinted at many video games being constructed utilizing Paima.
