ADA Finance Wins “Best DeFi Project of the Year” at AIBC Summit, Roger Ver Jo...


Press Release: ADA Finance has become the first-ever Cardano-based project to win the “Best Defi project of the year”, at AIBC Summit 2021, as investor Roger Ver joins a growing list of big-name influencers. 

17th November 2021, Mahe, Victoria, Seychelles — Cardano, and Avalanche-powered DeFi ecosystem ADA Finance has been announced as the winner of the highly anticipated “Best DeFi project of the Year” award at the 2021 AIBC Summit in Malta. 

The win took place on November 16th, in unison with the addition of early Bitcoin investor Roger Ver, who has joined the project as an investor. These big announcements have synchronized perfectly for ADA Finance, with the project’s IDO just one month away in mid-December, 2021.

Best DeFi Project of the Year

Cross-Dual-Chain DeFi ecosystem ADA Finance has beaten some serious industry contenders to take the highly coveted prize of the “Best DeFi Project of The Year” award at Europe’s premier event for blockchain, AI, and emerging tech, AIBC Summit, Malta.

ADA Finance is the first Cardano-based project to win the award, beating other highly revered projects, including community-focused DeFi token Safemoon, and PoW/DPoS hybrid consensus ABEYFoundation. 

These recent achievements have put the spotlight on ADA Finance, with the project now joining the ranks of the awards previous winners, MakerDAO, and AI-powered DeFi portfolio project SingularityDAO. 

Roger Ver & Other Big Names Join the Party

The success of ADA Finance has caught the attention of Bitcoin investor and blockchain advocate Roger Ver. Known widely as “Crypto Jesus”, Ver was an early investor in Bitcoin back in 2011, and the previous CEO of

Known for his past involvement in successful blockchain projects, Ver has invested in Ripple,  (XRP) Kraken, Shapeshift, and Bitpay. More recently Ver has shifted his focus to the DeFi market with a sizable investment in decentralized oracle service provider XFai. 

The project has also landed an A-list Influencer line-up alongside Ver, including YouTube sensation Carl “The Moon” and other notable names Crypto Banter, and MMCrypto. With a star-studded line-up bullish on the already successful project, all focus is now on the platform’s ADAFI token IDO in mid-December. 

First Publicly Released Code on Cardano

ADA Finance has chosen to take the innovative route of releasing its code on a public repository, becoming the first-ever project built on Cardano to do so. The code is released under the GNU General Public License. This means that anyone can fork the code, as long as they also make their own staking code public. 

ADA Finance is initiating this movement for the entire Cardano ecosystem, hoping that more projects will follow. This pioneering move speaks to the heart of the Cardano philosophy, and promotes openness and trust across both Cardano and the greater blockchain industry, with trust, fairness, and potential for massive growth just some of the resulting benefits. 

In addition, ADA Finance has recently announced an Academy Program with Bitdegree to help create awareness for Cardano blockchain development, and help to foster further involvement from the wider coding community. The program will also help to build a strong, sustainable ecosystem and grow talented, fully certified smart contract developers as Cardano grows as a layer one project. 

With the “Best DeFi Project of the year” award as a springboard, a highly innovative blockchain, Academy Program, industry support, pioneering Cardano philosophy, and upcoming IDO, ADA Finance looks to be a contender for the hottest DeFi project going into 2022, and beyond.


ADA Finance Socials

Twitter | Telegram | Whitepaper | Facebook | LinkedIn | Docs

Media Contact Details

Contact Name: ADA Finance

Contact Email: [email protected] 


ADA Finance is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.


Related News

ADA Finance Builds The First DeFi Ecosystem On Cardano With Affiliate Incentives

The decentralized finance (DeFi) community has long awaited the arrival of heavy duty DeFi protocols on Cardano. With the Alonzo hard fork, Cardano is making progress to release smart contract deployment on its blockchain, and the stage has been set for revolutionary new financial services to build on the network. Over its short history, DeFi has expanded into a behemoth community with a total value locked (TVL) that stands at around $275 billion today. However impressive these numbers may seem, the total AUM of traditional finance (TradFi) still looms large over DeFi, and for many this....

ABEY Wins AIBC Blockchain Solution Of The Year

ABEY and the ABEYCHAIN have been awarded the Blockchain Solution of the Year at AIBC Europe 2021. Celebrated on November 16th in Malta, this event honors international emerging tech projects by inviting investors and innovators from the Fintech, Artificial Intelligence, Quantum Technology, Big Data, IoT, and the Blockchain industry. ABEYCHAIN has quickly become one of […]

Pledge Finance Holds Stanford DeFi and NFT Summit 2021

Since the market boom of decentralized finance (DeFi) and non-fungible tokens (NFT) in 2021, there have been a number of conferences and summits designed to grow the industry further and promote mainstream adoption. One of such summits is the Stanford DeFi & NFT Summit 2021. The event was conducted by Pledge Finance, a blockchain-powered, decentralized […]

Roger Ver: ‘2015 is the Year Bitcoin Will Integrate with the Traditional Finance System’

In the run up to his appearance at the Virtual Crypto Summit, CoinTelegraph spoke to Roger Ver who said 2015 will be the year Bitcoin integrates with the traditional finance system, the Winklevoss Bitcoin ETF probably won’t be the first and more. Speaking to CoinTelegraph ahead of his headlining lecture slot at the 2015 International Virtual Crypto Summit, on the theme of 'Bitcoin freeing the world', angel investor Roger Ver suggests he will be addressing the ways in which digital currencies may be able to negate national boundaries, making these territorial divisions less and less....

The Summer’s Biggest Event Celebrating Decentralized Finance – Register now a...

DeFi Summit, the largest conference dedicated to decentralized finance is almost here and due to take place from June 14th to 18th 2021. Set to be the biggest event in DeFi this year, the virtual summit is free to attend and features five days jam-packed with speakers, panel sessions, fireside chats, and even a demo day […]