Cardano is one of the most effective and profitable blockchain platforms, Says Weiss Ratings

Weiss Ratings, an independent financial rating agency appears to be very fond of Cardano (ADA), the smart contract platform built on peer-reviewed academic research.

On May 20, the popular rating agency praised Cardano in a tweet stating that it’s one of the best projects in the crypto space and is also a steal of a deal right now.

These words from Weiss are being taken as a serious compliment as they are a respected agency in the space with leading analysts and researchers working under their wing.

However, not everyone shares the same opinions as Weiss Ratings. If you scroll through the comments of Weiss’s tweet, a large number of users are in disbelief that Weiss said this. They claim that Cardano is only good on paper because they have failed to deliver a working product with adoption as opposed to Ethereum.

Is Cardano One of the Best?

Whether you agree with Weiss Ratings or not, Cardano may very well be one of the most undervalued cryptos if it does end up accomplishing what it sets out to accomplish. While their development may be slow, the team behind Cardano has a very positive reputation and are building things right from the get-go.

Also, the founder of Cardano, Charles Hoskinson has been establishing a number of new partnerships with governments and entities in developing countries such as Africa and Mongolia. He is setting Cardano up to be an enterprise blockchain framework that will offer better financial services to people and solve real-world problems.

Therefore, Cardano has a lot of potential if they can deliver on what they’re setting out to accomplish. Whether they’re one of the best projects in the space is one up for debate. However, they very well could become one of the best and therefore, maybe Cardano (ADA) is currently undervalued at around $0.08.

Do you think Cardano (ADA) is one of the best projects and is undervalued? Let us know what you think in the comment section below.

5 Comments

  • Wayne
    Posted May 26, 2019 3:21 am 0Likes

    Cardano is absolutely the best blockchain platform in crypto; those that disagree have not done their due diligence…an incredible project with the most impressive team in cryptography, led by one of the brightest individuals in the space.

    • Adhiana
      Posted May 26, 2019 10:44 am 0Likes

      i also agree with you.

  • John
    Posted May 26, 2019 7:34 pm 0Likes

    “establishing a number of new partnerships with governments and entities in developing countries such as Africa and Mongolia. ”

    Africa is not a country…and your hobby is travelling the world huh?

  • Shaun
    Posted May 27, 2019 3:53 am 0Likes

    The future is BRIGHT for Cardano!

  • Zach
    Posted May 28, 2019 2:41 am 0Likes

    Lol @ john’s comment ^

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