Over 500 Projects Building on Cardano, Claims IOHK Director

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Over 500 Projects Building on Cardano, Claims IOHK Director
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Tim Harrison, a director at IOHK, revealed that over 500 projects are currently building on Cardano. The majority of them are supposedly in the NFT space.

Cardano’s network is reportedly attracting considerable interest, at least according to the Marketing and Communications Director of IOHK: Input Output.one of the most important mainnet upgrades called Alonzo.

It was part of the development cycle of Cardano known as the Goguen era and the most important part of it was the integration of smart contracts. Since then, the network went through other important upgrades and saw important developments being made.In any case, this has also led to a multitude of projects building on Cardano, according to IOHK’s Marketing and Communications Director, Tim Harrison.The Cardano ecosystem ontinues to grow, with now over 500 projects building on Cardano – from NFT ollections to DeFi lending and new wallets. Props to all the IOG team that continues to drive the platform forward.

Harrison also attached a pie graph of the purported projects and where they are focused, showing that NFT collections account for the lion’s share.

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