Financial Management | Support Mondriaan Fund
Rhizomebook has made a long-term investment in Cardano’s ADA tokens and included them in a project called Book XLIV. Cardano is a public, decentralized blockchain platform that utilizes a proof-of-stake consensus mechanism, making it more energy-efficient and environmentally friendly than traditional proof-of-work blockchains like Bitcoin. The platform facilitates peer-to-peer transactions using its native cryptocurrency, ADA.
The platform is designed to provide a secure, scalable, and sustainable foundation for the development and execution of decentralized applications and smart contracts. One of its key objectives is to create a more decentralized and equitable system. This is achieved through the use of the Ouroboros proof-of-stake consensus protocol, where users stake their own ADA as collateral to secure the network. This allows for a fairer distribution of rewards among participants and prevents power from being concentrated in a small group of miners, as is the case with proof-of-work blockchains.
Rhizomebook plans to finance its projects using proceeds from the Cardano system, including staking and investment funding, as well as transactions made through the platform. This includes payments for digital works, NFTs, or print-on-demand books related to them.
Want to donate ADA to Rhizomebook? (Via Cardano ADA Mainnet)
Bitvavo adress:
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