After three years of building for Cardano, today we have difficult news to share.
Most of you know and love SteelSwap for being the most advanced aggregator on Cardano with the cheapest fees. We have been in continuous operations and kept alive on conviction and love of the ecosystem.
Thus, we would like to announce that we are not going anywhere. Times are tough, but we are tougher.
Instead, we are doubling down. We are actively working on new products and features. Keep an eye out for the new things we are building.
@italianfella@IagonOfficial I support many projects. $IAG is just my fave. I also think it is one of the best examples of a real business being built on a blockchain. It does more than simply allow for trading.
I am so happy that I was listening to the $IAG space yesterday. It is an enormous comfort to know that there is so little risk of the project closing it's doors because of revenue issues. I am confident that $IAG will remain after this chapter ends. @IagonOfficial
@Nichola43910835@bradpmac@IagonOfficial Big players usually get in first. This time they had to wait. Could have something to do with that. Could just be the economy. Could be some crazy conspiracy related to saving the US dollar. I have no idea.
Plausible path:
Bitcoin forms a low in June (like it did in June 2018 and June 2022).
BTC rallies in July
SPX correction later in year which allows Bitcoin to finally bottom (most likely October)
Four year cycle wins again
The only reason I don't think Cardano is done is because the foundation is strong and there is an opportunity for the community to take it over.
We really do have a product that commercial enterprises can use that serves them better than any other option.
I can think of a few projects that are truly commercializing Cardano, but one really stands out above the rest. It is one thing to say we need to support the projects commercializing the chain it is another thing to do it. It is another thing still to say you will do it so long as someone gives you money.