CandleFocus Cardano Partners With Atómico3 For Lithium Tokenization, Enhancing Sustainable Energy Practices In Latin America’s Lithium Industry
2024-12-10
Author: Content Editor
Cardano has partnered with Atómico3, a Paraguayan startup specializing in lithium mining tokenization. Atómico3 plans to transition its contract from Polygon to the Cardano blockchain, aiming to tokenize lithium mining assets and facilitate the shift to clean energy sources. The move is designed to enhance transparency in the lithium mining industry and prevent underreporting. Holders of Atómico3 tokens will maintain their stake in the new smart contract based on Cardano. The collaboration with Cardano is expected to make Atómico3's operations sustainable in the electromobility and lithium reserve sectors. The announcement follows a rally in Cardano's value, with its price returning to $1 after two years below that mark.
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