Cardano Daily Discussion – January 06, 2022

Hello everyone,

Welcome to the Cardano Daily Discussion!

The standard sub rules apply here (see sidebar), with the exception that price discussion is allowed in this thread, though we encourage you to try not to make this the focus and talk about the project itself. Please ask questions, help others and be civil – be sure to get involved in Project Catalyst too!

If you're new, please make sure you're read through the newbies guide and share it with others (use the ?newbies comment command to reference it).

NFTs for Planting Trees

https://preview.redd.it/d9l75zowckx71.jpg?width=1600&format=pjpg&auto=webp&s=9a13a91cb371dce5d318b96dea2692dad9348b21

You can donate ADA and receive NFTs for doing so, each ADA is a tree planted, it's a win win! Read about veritree here and take part on https://ito.veritree.com/

Project Catalyst

https://preview.redd.it/8dswbibkjc081.png?width=708&format=png&auto=webp&s=5bd6dab62aaf69ec644ba9579cc02da96d06a343

Project Catalyst Fund 7 Launch Guide Here!

⚠️ Scam Warning ⚠️

Please read the Cybersecurity guidelines for Cardano Users.

There are ongoing giveaway scams on youtube and many scammers lurking in Cardano's social channels impersonating ambassadors/moderators/official staff contacting users via direct messages.

For example, searching 'cardano' on youtube and sorting by most recent upload date shows several giveaway scams running (all videos in screenshot are scams):

Ongoing 'giveaway' scams on Youtube

The youtube scams are automated; use stolen footage usually of Charles Hoskinson and are restreamed so to appear to be 'live'; appear to have many watchers (which are bots); use bought hacked channels and are edited to appear like official channels.

Do not be fooled!

To be clear:

  • ⚠️ There is no such thing as a Cardano giveaway
  • ⚠️ Never share your seed phrase with ANYONE
  • ⚠️ Never send ADA to someone promising to send you more ADA back
  • ⚠️ You will never be contacted by ambassadors/moderators/staff

Please report scams on the Cardano Fraud Detection Bureau.

⚠️ Scam Warning ⚠️

Cardano Daily Discussion - January 06, 2022

14 thoughts on “Cardano Daily Discussion – January 06, 2022”

    • NEWBIES GUIDE Start here
    • PROJECT CATALYST Propose and vote on projects
    • ⚠️ PSA – SCAMS Be wary of common scams!

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  1. Hello, I have a question.

    Currently the transaction fee is 0.16 ADA.

    If the price of ADA is changing ( in $ ), does the fee change as well?

    I want ADA to go up for my self, but I also want Cardano to be cheap.

  2. Hello) Did we have an announcement when the Fund 8 will start.

    I want to register my project and I want to know when I can do it?

  3. Good Morning everyone! As Catalyst Fund 7 voting comes near we just wanted to invite you to an interview/AMA we’re having surrounding our company; Profila. Profila is the World’s first surveillance-free data and advertising platform, and we’d love to tell you more about it.

    We’ve had projects successfully funded both in funds 5 and 6, and we hope to continue this momentum. The interview is tonight at 10pm CET (4pm EST) on Twitter Spaces, feel free to drop by and meet the team!

  4. I have a question regarding catalyst votes. This is my first time voting, and even though I have read the FAQ and searched for information there are some questions I still have:

    1. Will each vote generate a transaction fee or some deduction of ADA of my wallet? Or could I vote for all projects and it won’t cost me anything (I already paid the registration fee)

    2. The rewards I will receive are independent of the number of projects I vote for? If I am registered, not voting at all, voting for 1 project or voting for all projects will generate me the same amount of rewards. Is that right?

    Thank you

  5. If my goal is to primarily buy and stake ADA what’s the most efficient way to buy it?

  6. Does anyone else think it might be a good idea if we either have a full time thread (like daily discussion) or another subreddit to discuss catalyst proposals?

  7. Hi guys!
    Don’t miss new cool NFT mint today (Cardoges)
    https://www.cardogenft.io/

  8. I’m sitting on 10k worth of LQ, lets go!

    Gotta love airdrops. Free money.

  9. For those who arent aware…the cnft space has been exploding! Volume is getting higher and higher everyday. ETH users have been buying up cnfts as well(It’s all over twitter) !! Happy to see the cnft space is growing so quickly!! Also, funny that the coin market is bleeding while cnft is thriving.

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