The getting started in
#Cardano #ADA guide
The onboarding cheat sheet
To get started you first need a Wallet
@eternlwallet
most feature rich wallet, some say its too complicated for new users more like a race car, but its mobile dapp store makes its safer in some ways
@vesprwallet
solid mobile wallet, similar dapp store
@lace_io
simple to use wallet, some getting started info if your new to cardano
Remember to stake your ada, its never locked and their is zero risk associated with staking aka their is no slashing on cardano. get that extra yield. consider a single stake pool operator and encourage decentralisation.
next consider minting a human readable address NFT that you can send and receive your ada, nfts or tokens from
@adahandle
It like having an email with what ever name you choose, but for your money
now we need to start trading DEXES
@MinswapDEX @DexHunterIO
main dex options solid. AMM model.
most crypto dexes across all of crypto so far are all AMM based, its inefficient and does lead to impermanent loss if you do some yield farming.
@axotrade
its an order book model dex that aims to fix the issues with the AMM model for defi trading in terms of capital efficiency. its something that could only be done on cardano with its eUTXO technology. one of personal favourite options for crypto total plays, has some very interesting options for market making
DEFI there is a few so I'll just mention some of the big ones
@Indigo_protocol
solid easy to use Synthetics platform
@LenfiOfficial
bonds platform
@liqwidfinance
borrowing and lending platform
some more general hard to label but Cardano specific token plays
@WorldMobileTeam
telecommunications, its a massive deal in what it could be
@book_io
NFT based books solution
@SingularityNET
not really just cardano now as they have agreed on combining with a few other cross chain tokens into one token, but its our side of the solution to creating community based AI
Gaming options
@CornucopiasGame
cardano's main metaverse play
@YummiUniverse
trading card game with a solid team been working hard for a long time
@pxlzNFT
another nft based game been building for some time, with some play to earn elements
Trading NFT'S Platforms
@wayupio
my personal favourite, has a lot of quality improvements not seen in other chains, really takes advantage of what cardano transaction bundling can do. aka a shopping cart to buy multiple NFT's in one transaction. NFT market aggregation across other nft trading platforms.
@jpgstoreNFT
the current market leader. it works
Tooling make your cardano experience easier
@TapTools
our version of coinmarketcap. all our tokens are visable with a trading view like interface available. its a must have, must use app
pool.pm
if you paste your cardano receive address into this site you get a really clear view of your wallet. you can also watch NFT mints as they happen live
@CardanoCube
an interactive map on what's available on cardano for you to explore yourself
Some NFT picks to keep on eye one
@spacebudznft
the OG collection on cardano. Its a it was first type collection
@claymates
largely seems to be doing some metaverse things these days, but is considered on OG that managed to partner with
@SnoopDogg and
@GoodCharlotte back in the day
@book_io
their Gutenberg bibles
@wayupio
their collection
@FunPlastics allows for discounted trading
@TapTools
their collection tappys for some extra trading options on their platform
@Omen4Omen @ore_times_3
I like their art, PFP based collections
@TGTAlpha @The_Block_Group
the big two alpha groups if your interested in that sort of thing
@snekcoinada
its a meme coin not an nft, but its our main one. Dont underestimate it
Some general first time in crypto tips
never give your seed phrase to anyone. assume that when your restoring your wallet that your on fake phishing site to capture your seed. That seed phrase isn't wallet specific it can be used to restore your wallet into any wallet that's cardano based. Your password only protects people sending money off that wallet you just created, its removed when you restore your wallet, the seed phrase is the actual password.
If you have any sort of real money in crypto get a hardware wallet, protect yourself from yourself, key tracker virus exist for this sole purpose, aka see you type your seed into your actual wallet, but they are watching
there is no such thing as free money, if its sounds to good to be true its a scam stay safe.