Japan is HODLing Cardano (ADA)


welcome everyone today I wanted to talk
about a tool that you can use to figure out what countries are frequenting your
cryptocurrency the most I like to look at statistics I like to look at
distribution it’s very interesting to me so today we’re gonna be looking at
Cardano trying to see exactly what countries are the hollers which
countries are most supportive of Cardano first of all this is not the only metric
that we can use but using this as a as a base to see which countries are
frequenting this cryptocurrency is very important and you’re gonna find
something interesting about Cardano at its inception it was referred to as the
Japanese Ethereum and we’re going to verify whether or not those claims are
true there is a very tight-knit community within Japan regarding their
love for Cardano which is great which is wonderful there’s a reason why the
initial sale of Cardano was done in Japan and we’re going to see if we can find
any correlations here and we’re gonna just type things in so the first website
we’re going to analyze is the daedalus wallet IO and the reason why I want to
analyze this website is because this is gonna tell us where the majority of the
hollers are because if you are familiar with Daedalus the Daedalus wallet it is
cardano’s main wallet so by looking at the traffic in which countries are
frequenting the Daedalus wallet website we can see exactly who is downloading
the the actual wallet and from there we can extrapolate that those people that
are probably on that website probably downloaded the wallet and are probably
handling a de long term of course correlation does not equal causation but
this is the best metric that we have at the moment and I think that this is
going to be pretty accurate so we’re gonna do daedaluswallet.io so as
you can see the global rank is one hundred eighty four thousand nine
hundred eighty six as far as websites and this is where the countries that are
visiting this website are so 57.4% of visitors are coming from
Japan so it they’re visiting the datalist Wallet website the most which
is probably indicative of the most people that are actually downloading the
wallet are from Japan 11.3% in in the US so what does this tell us
the US community needs to grow and there’s a lot of room for expansion 5.2
percent in Poland 4.5 percent in Iran and point-eight percent in Russia the
Iran thing the Iranian thing is pretty interesting because I heard that they
had a huge crackdown on crypto but obviously there is some interest in Iran
if 4.5 percent of the visitors that are on the Daedalus website are are from
Iran even with a crackdown on crypto currency and whatever political
situation is going on in Iran there are citizens that are obviously on the
dalish website perhaps downloading data lists storing their ADA it’s very
interesting very interesting this just goes to show you that even in oppressive
countries people are trying to get involved in cryptocurrency and this is
really a global thing the government’s can’t stop this so if we go down we can
see where which websites are linking today loose wallet do so if you see
obviously you see some Japanese websites and then we have some related websites
so we’re gonna go to Cardano.org after that so we’re gonna click this and this
is the main Cardano website so as you can see 76,000 global rank we have Japan
United States so a lot of people are frequenting the Cardano website from
the US but I guess they haven’t made that conversion to the datalist website
so maybe they’re still just keeping their ADA on exchanges and we have
India Germany and Spain so that is very interesting I’m also going to try and go
to the cardanodocs.com and see what’s going on there and we have the
United States in Russia so people from the US are trying to learn
more about Cardano this is a great information to figure a great source of
information to figure out what is going on and we are going to click on one more
site and this site is going to be give me one the Cardano roadmap
card on our roadmap it tells you the roadmap updates with the project and we
are going to see the country distribution so we have United States
India Canada Israel and Russia wonderful let’s try one more let’s try one more
and let’s try the the card I know Explorer this is the block Explorer to
see exactly how much ADA are in corresponding addresses and we have
India Canada Israel and Russia so that’s very interesting so the Cardano Explorer is most frequented by people in in India so this is very interesting
this is very interesting let me know what you think let me know your thoughts
your concerns like comment and subscribe it really helps a lot I appreciate it I
appreciate all your support this is a lot of fun and until the next video
thank you

50 thoughts on “Japan is HODLing Cardano (ADA)”

  1. Definitely interesting to see how different nations are showing interest in different areas of Cardano. This is definitely very informative, thanks brother.

  2. Very interesting data here. Especially seeing how the US ranks #1 on the Cardano home page but is significantly behind japan on visiting daedalus.io to download the wallet. I think you’re right about the majority of ADA belonging to US hodlers is on exchanges. Which is slightly worrisome for safety!

  3. Its really great, i am a crypto believer and I dont watch more than 3 crypto info chanels in youtube, most of the videos are trash. I can see you are trying to give quality info. That is great. keep it this way man.

  4. Iran is opressed by the western states who are destroying the iranian curreny. Thats why they rush into cryptos. Get your data straight.

  5. Yes this really is interesting, I'm surprised the UK didn't feature in your search results, I was under the impression it had one of the higher followings, but as you said about the US, plenty room of expansion eh. Thank you

  6. Great Topic!! That is why I am so interested in the relationship between Cardano and Japan. I first became interested in ADA when I heard that it was the ETH of Japan. The Japanese buzz about ADA was at a fever pitch last December and I know of many Japanese who sold their BTC for ADA. I lived in Japan for many years and know that the Japanese are smart and patient. They will HODL ADA for the long term!!!

  7. Hey Philpa!Greetings from Ukraine.Thank you so much for your effort and for helping us go deeper in Cardano. Is the Ledger available for ADA right now?

  8. I guess India has some other way of loading up and only check on the balance and transaction info in the explorer. A billion people in India I am sure some major hodlers there 🙂

  9. Incredible job with this research. Is this something one can do with any digital asset ? Just subscribed and smacked the thumbs up.

  10. If Japan holds and buys Cardano more than anyone then I am very happy with that,Japan is at the forefront of crypto and crypto adoption.

  11. Philpa, your videos are great, keep up the good work. I have a request for a video, I imagine many people feel as I do about this as well, who knows though. Can you make a video teaching people how to use the Cardano explorer. I have used it many times and have tried to make sense of it and I find it to be very confusing. From my understanding, using the explorer one should be able to track all transactions down and see a map of how ADA moves around. My lack of understanding with this isn't solely with Cardano, I've also used other coin's explorers and have felt the same frustration. We all appreciate your dedication to keeping the community informed with information. Thanks.

  12. Another fascinating briefing. I am currently keeping ADA on exchange. Not smart and it is making me nervous. Are there any wallets that support ADA?

  13. Not really related, but are there any good websites or apps that let you do recurring buys or roundups of ADA? Coinbase will let you do weekly/monthly buys of BTC, ETH, LTC, etc and Crumbs will let you do round-ups of your purchases and sink that into BTC, ETH, XRP, EOS and a few others, but not ADA. Any sites/apps that will let you do recurrent buys or roundups of ADA?

  14. Cardano has been holding strong recently. I think they have been doing better advertising (which is a good thing) and their work has been showing. I'm hype for the future of $ADA!

  15. I said 2019 was the year of Cardano in 2017. Even 2020… it will kill all things Ethereum. If you compare ETH to ADA it's like comparing BASIC with JAVA.

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