Cardano is a highly anticipated project based on the technology behind the Ethereum project. The project was originally started by two developers, and is funded by the Ethereum project. The idea behind the cryptocurrency is to create a new way of having digital money that is secured through a distributed ledger. The project was recently recognized as one of the top 10 digital currencies by the Forbes Magazine. It was ranked number 2 in their list.
The developers created a so called SmartCoin, which represents the first step towards the decentralization of the cryptocurrency. The technology behind this is an innovative consensus algorithm. It eliminates the need for trust from a centralized point of view. This is similar to the concept of Proof of Stake. It is also different from several cryptocurrencies because it can have both limited and unlimited supply. The price of Cardano is basically dependent on the supply of Cardano, which is distributed evenly throughout the entire supply. It is the only smart currency that allows you to trade and earn rewards from your transactions, without the need to rely on a central authority.
To purchase Cardano you will need to use your own smart coins. There are no premine or IPO involved, which makes the product more reliable. The price will obviously fluctuate based on supply and demand, so you will want to be prepared for such a thing. If you purchase cards early enough, you may even get a low enough rate to offset the cost of the initial investment. If you are interested in trading Cardano you can use a live exchange.