• Smart contracts on Cardano grew 22% on a year-to-date (YTD) basis.
  • Cardano’s TVL saw a sharp recovery, growing by 17% in the past two weeks.

Cardano [ADA] developer Input Output Global (IOG) announced the launch of Marlowe, a new smart contract creation tool set, on its mainnet.

IOG also announced that the protocol was available in pre-production and preview testing environments and requested feedback from developers and early adopters.

This significant development was aimed at easing the process of smart contract creation and deployment on the Cardano network.

However, the news failed to provide a bullish impetus to native token ADA as it was down 1.48% on a 24-hour basis at the time of publication, data from CoinMarketCap revealed.

The new era of smart contracts deployment

Marlowe’s set of tools is designed to enable developers to design, vali

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Author: Suzuki Shillsalot

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