Cardano (ADA) joins with Ethiopia’s Education Ministry and Helium (HNT) wants to build a worldwide…

I’m excited about these two cryptocurrency projects despite the “crypto market crash” of spring 2021.

I’m excited about cryptocurrency.

Despite the “crash.”

I see this as a great opportunity to buy and catch up. When prices were super high, my little dollar-cost averaging purchases didn’t make that much of a difference.

However, now that everything is on sale, it is time to keep adding to the crypto coin collection.

I’m excited about two coins.

Cardano (ADA)

Cardano is the next wave of cryptocurrency. It doesn’t require energy-intensive mining using lots of computer processing power to mine the coins. Instead, it uses proof of stake that lets Cardano owners put their coins into stake pools and earn a return.

I have a little Cardano in a stake pool run by someone in Australia. The pool has a nice return and the pool operator seems like he has a vision that aligns with my own. It’s nice to be able to create some passive income while helping his family as well as people using Cardano.

That’s the thing I love about Cardano. It is going to help students in Africa. It is also being used for other projects that align with economic independence and financial decentralization.

Helium (HNT)

The other crypto coin that has me excited is Helium (HNT).

My parent’s hometown already has Lime scooters that are using Helium to track their rental scooters as they travel around the university town. Another company did testing on patient trackers that help families and caregivers keep track of Alzheimer patients. They are using Helium for their radio tracking since it is less expensive than using cell phone providers.

Like Cardano, a warehouse full of mining rigs isn’t needed to produce the Helium crypto coins. Low power radio hotspots deployed by Helium miners earn payment rewards for their owners. The Helium hotspots are being used to make a worldwide network for the Internet of Things (IoT), such as property trackers, environmental monitors, lost dog finders, medical devices, rental bikes and scooters, and more.

The devices are already sold out — all of the Helium approved device manufacturers are scrambling to keep up with orders for the hotspots. It will be interesting to see what happens to Helium HNT’s price once hundreds of thousands of hotspots come online later this fall once they are distributed to purchasers. I’ve put my name on a waitlist to purchase some of these devices.

The equipment shortage and the need to space the hotspots out to cover cities and towns has created a secondary market for hotspot hosting. People and at least two companies are taking applications for hosts who will allow the hotspot owners to set up the equipment in their house, office or shop.

I see these two coins as the 3.0 version of crypto. Bitcoin was the first version, Etherium was the second, and now we are entering the third iteration of cryptocurrency.

The beautiful thing is innovation continues and opportunities still abound. The constant advancement in knowledge and technological skill opens up possibilities for all of us to make better lives, whether by using the technology, benefiting from devices and people using the tech, and making some money from investing in the coins.

Source: https://medium.com/illumination/cardano-ada-joins-with-ethiopias-education-ministry-and-helium-hnt-wants-to-build-a-worldwide-75c107795bf3?source=rss——-8—————–cryptocurrency