Input Output Hong Kong (IOHK), the company behind Cardano (ADA), is posting new job openings ahead of the August launch of the Alonzo upgrade that will add smart contracts functionality to the seventh-largest cryptocurrency.

IOHK marketing and communications director Tim Harrison says the company is on a hiring spree amid the soaring interest in the smart contract platform.

“WE’RE HIRING! As we draw ever closer to rolling out smart contracts on Cardano, we’re seeing a HUGE spike in developer interest. Exciting times. So we’re building a new dedicated team to help properly serve this fast-growing community & help bring them on board.”

The firm is looking for a Haskell consultant for the professional services team to design and implement smart contracts for its enterprise clients.

“You must understand the Cardano platform well enough to be able to advise on, build and troubleshoot applications. This role involves working with business customers, and requires creativity, eagerness to learn and complex problem-solving. Part of the role consists of meeting clients, understanding their business model and solving their problems using blockchain technologies.”

Part of the requirements for this position includes experience in developing blockchain solutions and smart contracts.

The listings also include one for a strategy consultant who will analyze industry trends and design governance frameworks for decentralized organizations.

Another job opening is for a solutions architect who will spearhead the assessment of the latest technologies, blockchain research, and internal products.

Other open positions include those for a data engineer, quantitative analyst, technical consultant, and data strategist.

Earlier this month, IOHK announced that the Alonzo upgrade will integrate smart contracts to the Cardano blockchain.

“Smart contracts mark the next phase in Cardano’s evolution as a worldwide distributed ledger. When supporting everyday business, a blockchain must guarantee that individuals can move their funds and pay for products in a secure way.”

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• Cardano is on the verge of disrupting the smart contract and NFT market, with its network costing just a mere fraction of the charges on the larger Ethereum network.
• Data reveals that Cardano has overtaken Ethereum and Polkadot in average daily development activity on Github, spurring even more hires to stay in the lead.

It is an exciting time for Cardano and its entire community. The network has topped as the blockchain with the highest average daily development activity on Github. Ethereum is fourth behind Kusama and Polkadot. The team has recognized the new interest and is looking to stay ahead by growing and expanding the team behind it.

Tim Harrison, the marketing and communication director of IOHK, the company behind Cardano, has shared this exciting update on Twitter. Among the vacant positions include strategy consultant, Java consultant, strategic pricer and consulting lead.

WE’RE HIRING! As we draw ever closer to rolling out #smartcontracts on #Cardano, we’re seeing a HUGE spike in developer interest. Exciting times. So we’re building a new dedicated team to help properly serve this fast-growing community & help bring them on board 1/2

— Tim Harrison (@timbharrison) April 19, 2021

NFTs coming to Cardano

Cardano’s Ethereum killer narrative is making a comeback following recent developments on the network. In Cardano’s next upgrade, Alonzo, the platform will introduce infrastructure and tools to develop smart contracts. The last update, the Mary hard fork, allowed for native tokens to be deployed on the Cardano blockchain.

Cardano has been adaptable to the ever-changing industry. With the rise of NFTs, developers are able to mint and sell NFTs on the network even without deploying smart contracts. The non-fungible token cost is the same as the blockchain’s native price.

This changes everything! #NFT

Cost to send a token on #Ethereum ~ $100
Cost to send 7 tokens on #Cardano ~ $1 pic.twitter.com/o0b5sH5BRH

— Kaizen Crypto (@KaizenCrypto) April 17, 2021

Competing with Ethereum, Cardano has learned from the mistakes made by its competitor. As such, Charles Hoskinson and his team are keen on ensuring the network is scalable and cheaper to transact on.

Ethereum is not taking the challenge lightly. Just recently, it completed the Berlin upgrade. In the next few months, it is scheduled to undergo the London upgrade as it approaches the full rollout of Ethereum 2.0, primarily designed to reduce gas fees and improve scalability.

As we reported previously, Hoskinson believes there is huge potential in Africa. In Ethiopia, the team is working closely with the government to bring innovative reforms.

ADA price update

Cardano’s native token ADA, last week reached an all-time high of $1.56. This successfully saw it climb to 7th in the market ranking. Earlier in the year, the digital asset had climbed to fourth but exceptional performances from Dogecoin and XRP have seen it drop a few spots.

Analysts expect the upcoming update will inspire another rally. However, the token is currently being dragged down by the current bear trend cutting across the entire market.

At the time of press, ADA is down by 11 percent and it’s exchanging for $1.16. The $1 position is a key psychological support level that could trigger a dramatic sell-off if breached.

A prominent crypto analyst and trader is mapping out bullish paths for Cardano (ADA), Litecoin (LTC) and Dogecoin (DOGE).

Pseudonymous trader Kaleo says that the developing smart contract platform Cardano (ADA) appears ready to break out to the upside. Kaleo predicts that ADA will likely rally in its BTC pair by over 70% from 0.0000236 to 0.00004.

“ADA to 4,000 satoshis.”

Another asset that Kaleo is watching is the Bitcoin fork Litecoin, which he believes has a solid chance at tripling in value in the coming weeks. The asset is currently trading at around $288 with a market cap of $19 billion.

“LTC. Remember the plan for Litecoin.

$1,000 is imminent.”

The trader added that for those looking to gain exposure to LTC before it begins the next leg of its upward ascent, the $305 level could provide a nice entry point. However, the asset has dipped below the $305 bid as it is trading at $295 at time of writing.

Another Bitcoin copy, Dogecoin, is rallying hard this week, up nearly 400% just in the past seven days. Despite its rapid ascent, Kaleo believes the asset has gas left in the tank.

The analyst predicts that DOGE can reach $0.80 on one final trek up while increasing by over 122% against BTC from its current value of 0.00000495 to 0.000011.

“DOGE. One final leg left for full send. Might not quite hit $1.00, but $0.80+ is good enough for me.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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