Ep.1 - Cardano (ADA) goes for open innovation

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Avatar for GordonBen
3 years ago

Welcome to the first episode of Cryptoworld, the article-based series about blockchain implementations in the current world 🌎

Cardano (ADA) is one of the most discussed cryptocurrencies in the current crypto landscape due to its potential and how could bring a lot of fresh air with his platform. This is something quite clear to the community that follows the updates and based on their understanding, keeps pushing for adding new implementations, but the team behind Cardano is limited and cannot handle all the requests and their future needs of maintenance.

So, what's a potential solution to handle this giant flow of energy and make it useful and not dispersive for the Cardano project? 

Use an open innovation paradigm and let the community, together with a dedicated team from the company, discuss a lot of different solutions and together with this, a lot of ways to test them and see which will be included in the main roadmap. Without an open approach like this, would be almost impossible to manage all the development and take decisions based on the company vision.

Let's use an image to see it visually:

Of course, this methodology is not new and has a successful track of records: has been widely used inside Google (even knowing their giant external community they have the employee community enough big to support it internally) to create new functions for the Chrome browser and a lot of others IT giants use it on a daily basis. It usually starts with a lot of proposals, filtered by:

  • the effort needed for the implementation

  • the effort needed for the maintenance

  • the utility perceived by users

  • the possibility to create testable MVPs

and a series of personalized criteria based on the company vision. For IT projects with wide communities is one of the best options because increase the engagement and includes the community voice among the variables for deciding the future. But also because improves the overall performance of the company in handling such giants amount of information coming from different sources and align them toward the final goal of the project.

Why is important for Cardano?✨
Due to the incredible potential of the project and the exciting developments coming out, is important for the company to keep their ears well oriented toward the community and their stakeholder, but also to make sure to create a network of trusted partners that could develop all the missing pieces of the decentralized app ecosystem. (dApp) After all, they didn't hire Nostradamus yet and none knows how the future looks like.

 

Thanks for the attention and the time taken to read this article 😇

Please feel free to comment with your opinions, thoughts and whatever comes up to your mind. If you need more info don't hesitate to reach me for additional info or just a good conversation about the topic.

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