​​Cardano’s Upcoming Shopify Integration Will Enable ADA Payment in over 500,000 Online Stores

As Cardano staking pools continue rising in numbers, they are also gaining their own personalities. The latest in unique pools of the Shelley Network is the ‘SHOP stake pool’ that’s developing the first Cardano e-commerce integration for Shopify which will enable ADA payments in over 500,000 online stores.

As detailed on GitHub, a developer known as UniVocity is going to build Cardano integrations with e-commerce and enable customers to pay for their online purchases with ADA for zero fees and commissions.

“Initially, we’re going to release and maintain an official Shopify app, which will be immediately accessible to more than 500, 000 online businesses around the world who generate million dollars per minute.”

The app will even be better with smart contract integration as it will support the introduction of subscriptions and recurring payment in both ADA and other native tokens that’ll be running on Cardano.

One of the main aspects of the project is that neither the shopper nor the online retailer will have to pay any fees in commission to the platform on top of the price of items bought.

Decentralized Funding

The project will be funded through staked ADA on the SHOP pool. It is a double win for ADA’s decentralization and for availing Cardano as a payment gateway for everyone.

The pool has 580,000 worth of ADA already pledged to Shopify’s integration at a pool fee of 1.74%.

“Pool fees will help to support the development and maintenance of our e-commerce integrations which will depend on servers to be online, certificates to be paid and other constant running costs.”

Apart from staking, UniVocity also stated that further donations are accepted in ADA, Bitcoin or via Paypal, on Binance and Coinmama.

Cardano’s Fast-paced Development

Cardano’s development is moving fast barely a month after Shelley’s hardfork, with its creator initially getting a little bit of criticism for promising to start building native assets and smart contracts as early as 2020’s third quarter.

However, with a possible reach of 500,000 stores, Cardano’s use case will be a solid start to push for further adoption and boost ADA’s price to $1. Additionally, Shelley was acclaimed to have one of the best codebases in all blockchain platforms and the highest developer activity between July and August.

UniVocity further states that development won’t stop at Shopify, as other large e-commerce platforms like Woocommerce by WordPress and Magento are also on his radar. Developers will also be able to customize and deploy the fully-opened source code on their own servers.

@CryptoWorldTina

​​#VIBE made +20% profit so far in one day of holding, Bitcoin didn't confused it. Still holding a big bag.

@CryptoWorldTina

​​#SXP

Green support zone would be ideal place to catch pullback after the "news pump". Although its hard to guarantee it will dip down there within nearest time.

@CryptoWorldTina

⁠Senate Says Jailed Russian Spy Bonded With Overstock CEO Over Bitcoin Hoping to Get to Rand Paul

New details of the salacious Butina-Byrne romance that led the Overstock CEO to resign emerge in latest volume of Senate Russia investigation.

​​BTC daily : 📈

Want to know when the next top is in?

The first $10,000 day, may be an early warning sign.

First:
$1 day - 30 days before top
$10 day - 14 days before top
$100 day - 12 days before top
$1,000 day - 11 days before top

Will the 1st $10k day be a similar harbinger?

@CryptoWorldTina

​​#SP500

Watching S&P500 chart closely as the way it will evolve will influence Bitcoin and other crypto coins. Dump in SP500 will cause dump in crypto.

@CryptoWorldTina

​​#DUSK

One of few where whales left their mark is DUSK. Might bounce from here or from lower support at ~690. Still risky.

@CryptoWorldTina

​​If you don’t have a system in place which you follow to enter every trade then you’re in a worse off position than you believe.

A system allows you to determine easily what a “good” trade is and whether it is worth executing.

This will ultimately increase your win rate as you won’t be placing trades based on emotion, just pure analysis and a set of rules...

@CryptWorldTina #education #tradingsystems

​​Reminder 11,500 is the key support for a bounce!

@CryptoWorldTina

​​ETH UPDATE 📈

The price has went below the 415$ level and taking hold there. Situation the same as we have on $BTC chart - we expect a little decline there. The first stop is $400.

@CryptoWorldTina

​​#ETC DEBRIEFING (Third Coin)

The coin is moving inside the falling wedge, however, there is a strong resistance of 6100 sats above the current price.

If you hold this altcoin, we advise you to place stop loss below the wedge's support. If you want to buy - enter only after horizontal resistance breakout confirmation, or even safer would be to enter after wedge breakout.

@CryptoWorldTina

​​#PERL - Buying This Coin

There is an ascending triangle and breakout of the falling wedge. Located near the trend-support. Our real (first) target is 800 sats after resistance breakout.

@CryptoWorldTina

​​QTUM hit R3 for 45% profit!

Congratulations to those who followed the signal! You are in a huge profit right now

@CryptoWorldTina

​​Buying $AION here. It always pump with $ICX

@CryptoWorldTina

​​Chat chart request 📈

Feel a little worried for SXP as it failed to grow above 3.58 yesterday. But while it stay above 3, it keep the chances for bigger breakout, although now nearest resistance is at 3.35

@CryptoWorldTina #SXP

​​#AION 📈

Aion is located right above the 1155 horizontal support. We advise entering ONLY after trend-line breakout. Then it will be ultra-bullish

@CryptoWorldTina

​​NAV has been in an accumulation at the bottom for over a year

Now the price is consolidating above key MAs (EMA200 & MA200) & the mid line of the channel = good support cluster

Break out targets on the chart

@CryptoWorldTina

​​#ADA UPDATE (requested)

At the moment this coin is in the free fall. The closest support is located at the 930 sats, there we expect to see a reverse upwards.

@CryptoWorldTina

​​Bitcoin market cap in context 📊

@CryptoWorldTina

​​$BTC 30%+ pullback coming?

Yes, eventually. If history repeats, there should be plenty of strong pullbacks on the way to next peak ATH

There were at least nine 30%+ pullbacks from last cycle accumulation & uptrend

Plenty of buying opportunities ahead, don't let it shake you

@CryptoWorldTina