Cardano is getting closer and closer to issuing smart contracts via a new testnet

IOHK, the blockchain development team behind Cardano, announced on July 15 that the Alonzo test network of the project has officially transitioned from blue to white, thus bringing the ecosystem’s long-awaited expansion of functional smart contracts.

although Earlier The testnet called Alonzo Blue does provide some smart contract features that are only available to a limited number of insiders. Yesterday’s upgrade will allow approximately 500 validators, equity pool operators and developers to test these features in the future.

Alonzo White will run for two to four weeks before upgrading to the final testnet in its current development stage, namely Alonzo Purple.

Although recently Strongly opposed Others from the blockchain community, Cardano founder Charles Hoskinson recently published a YouTube video According to the development roadmap of the project, everything is still going on normally, and it is pointed out that more than 10 million U.S. dollars of NFT and “tens of thousands of assets” have been sold throughout the Cardano network. Once Alonzo White is released on the mainnet, developers will be able to launch dApps, NFTs, etc.

After Alonzo White’s announcement, a NFT and DeFi market called Spore Network Announce Successfully raised $2.3 million on July 16. The company stated that it hopes to use Cardano’s lower transaction costs, lower carbon footprint and higher transaction throughput to bring NFT to mainstream users.

related: UBS Bank issues NFT shares of Picasso paintings at a price of $6,000 per share

As more and more companies and artists join the growing NFT market, for example Dolce & Gabbana with one Fantasy football Platform, the introduction of more NFTs into the network may bring huge benefits to Cardano and its users.