Ardor (ARDR)

What is its market cap? What is Ardor Crypto Currency? Ardor (ARDR) is a blockchain-based platform developed by the Nxt Foundation, a group of blockchain developers and cryptocurrency enthusiasts. The Ardor platform is based on the Nxt blockchain, a distributed ledger technology which had been in development since early 2013. The Ardor platform is designed to enable businesses and organizations to quickly create and deploy their own blockchain-based applications and services. The Ardor platform also utilizes consensus mechanics to enable secure, decentralized transaction processing. Who founded it? Ardor was founded in 2016 by the Amsterdam-based Nxt Foundation, a non-profit organization that is dedicated to the development of the Nxt blockchain. The team behind the project includes well-known developers such as Jean Luc-Rousselot and Lior Yaffe, as well as several other cryptocurrency and blockchain developers. What Makes it Unique? Ardor is a unique distributed ledger technology in several ways. The platform employs a number of advanced consensus mechanisms that enable the secure and decentralized delivery of content, services and applications. The platform also utilizes a ‘parent chain-child chain’ architecture, which separates the core components of the blockchain from its user-facing applications. This concept allows users to create and deploy custom blockchain applications without having to do any of the underlying development work. Ardor also allows users to merge their own blockchain applications with public blockchains, such as Ethereum or Bitcoin, allowing for the easy integration of public assets. Finally, Ardor features a built-in asset trading platform called ‘Asset Exchange’, which can be used to enable decentralized trading of digital assets. Where does it used? Ardor is used by businesses and organizations in a variety of ways. The platform is used to create and deploy custom blockchain applications, such as capital-raising projects, tokenized asset platforms, decentralized exchanges and other financial services. By using Ardor, businesses and organizations can quickly create and launch distributed ledger applications in various use-cases, such as membership systems, identity management, voting systems, reputation systems and more. Where to buy/sell it? Ardor can be purchased and sold on a variety of cryptocurrency exchanges, including Poloniex, Binance, Huobi and HitBTC. The Ardor token is also available on Changelly and other crypto-asset exchanges. What is its market cap? As of April 2021, Ardor has a market capitalization of approximately $86 million, making it one of the top 50 most valuable cryptocurrencies in the world. The daily trading volume of Ardor is estimated to be between $1.5 and $2.5 million.