Future Directions

The initial focus for Cavada is to build the most optimal layer one solution with sustainable low gas fees while providing the same developer and user interface as Ethereum. After the launch of the main net, the goal of Cavada will be to grow the ecosystem as quickly as possible. the ecosystem evolves at such a rapid pace that it is impossible to predict what the future holds, we expect the following 4 broad areas for decentralized applications on Cavada, each of these closely dependent and working in sync with one another:

1. Infrastructure:

These are applications that will be the building blocks for the ecosystem to thrive. Some of these applications will be built ground up, while others will be existing applications that will be compatible with Cavada. Some infrastructure applications expected are:

  • Defi(Decentralized Finance)

  • DEX(Decentralized Exchanges)

  • Physical and digital marketplaces

  • DAO tooling

  • Layer 2 scaling

  • Ecosystem builders including bridges to many other chains

  • Analytics, fraud detection, and Security Stablecoin platforms

  • oracle networks

  • Decentralized storage

2. Community:

(Peer to Peer): These are community-built and community-driven initiatives. Some of these can end up being huge nation-building initiatives, serving the most underserved sectors which no business or government served well to date. Some of these community-driven initiatives can potentially achieve in a few years, what we have failed to achieve in decades. Some possible applications are:

  • Education

  • Environment: Sustainability and restoration

  • Citizen science projects

  • Play to earn an unconditional basic income

  • Identity

  • Organic farming

  • Peer-to-peer physical and digital commerce

  • Renewable energy markets

  • Metaverse- Open source, gamified, 3D AR/VR web experience with independent econoCavadas

  • Digital collectibles and fashion in the metaverse- most major fashion brands have already made a move with NFT communities

  • News media and social media

  • Animal welfare

3. Enterprises:

  • Affordable Healthcare

  • Manufacturing

  • Supply chain

  • Smart infrastructure

  • Automation

  • Artificial Intelligence

  • Aerospace

  • R&D

  • Telecommunications

4. Academia:

In the collaborative age, we expect academic and research-driven approaches to be more prominent than ever in coming up with solutions for both enterprises and communities. Expect extremely trivial topics such as employment, labor, wages, organizations, and basics such as food, transportation, energy, and water systems to be researched in light of the new technology available in hand and re-defined to lift the quality of life for all species on the planet.

Last updated