Tada - logo
Ta-da
TADA
$0.06

Sector

Blockchain Service

Exchange Debut

2024-02-10

Market Cap

10,771,311

Maxim Supply

Circulating Supply

172,796,206

Circ. Supply(%)

Tada - logo

Ta-da

TADA

Price

$0.06

Market Cap

Sector

Exchange Debut

10,771,311
2024-02-10

Volume 24h

High 24h

Low 24h

133516
0.066495009999
0.061668842444

Change 24h

Change 7d

Change 30d

-4.5448
-10.8963
41.7249

Maxim supply

Circulating supply

Circulating supply(%)

172,796,206

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Ta-da-TADA cryptocurrency:

Ta-da-TADA represents an innovative bridge between businesses requiring AI datasets and individuals eager to contribute voice data, thereby earning tokens through an engaging app. By revitalizing the crowdsourcing method for data collection and validation globally, Ta-da stands out in the specialized fields of voice recordings, images, videos, text, and labeling. The project’s fundamental analysis of the Ta-da-TADA cryptocurrency concludes with a score of 6.13 out of 10, showcasing a project that, while promising, faces challenges needing strategic attention to enhance its trajectory in the competitive landscape of cryptocurrency.

SOCIAL & MASS MEDIA: Score 6.20 out of 10

Regarding social and mass media, Ta-da-TADA shines in its ability to draw followers and foster vibrant community activities, scoring remarkably well. However, it struggles with media presence and the proactivity of social media administrators, underscoring the necessity for a more dynamic approach to public relations and engagement strategies.

AUDIT & SECURITY: Score 3.90 out of 10

In the domain of audit and security, Ta-da-TADA encounters challenges, with audit results and exchange liquidity reflecting areas of vulnerability. Despite its commendable transparency, these aspects point to an urgent need for enhanced security protocols and more comprehensive audits to fortify trust and ensure platform resilience.

TOKENOMICS: Score 4.25 out of 10

The token economy analysis reveals a centralization tendency and a pressing issue with inflation management, highlighting a call for a more equitable token distribution strategy to safeguard long-term value and ensure the ecosystem’s fiscal health.

ECOSYSTEM DEVELOPMENT: Score 6.40 out of 10

Ecosystem development for Ta-da-TADA indicates a commitment to achieving set goals and introducing innovative developments. This progress is vital for sustaining the project’s relevance and competitive edge in the rapidly evolving crypto environment.

TEAM & DEVELOPERS: Score 7.00 out of 10

The team behind Ta-da-TADA boasts significant experience, particularly in relevant fields, although the number of software developers is notably low. Expanding the technical team could accelerate development and innovation, ensuring the project’s scalability and adaptability.

PRODUCT & UTILITY: Score 7.20 out of 10

With a solid utility score for both the product and the tokens, Ta-da-TADA demonstrates a clear value proposition. The platform’s utility in facilitating AI data collection and the token’s role within this ecosystem are well-defined, supporting user engagement and retention.

PARTNERS & INVESTORS: Score 7.50 out of 10

Partnerships and investor support are strong suits for Ta-da-TADA, with a healthy mix of investors and quality partners. This network is instrumental in providing the project with both financial backing and strategic collaborations that can enhance growth and expansion.

Fundamental analysis of the Ta-da-TADA cryptocurrency – The final conclusion

The fundamental analysis of the Ta-da-TADA cryptocurrency reveals a project with a promising concept that bridges AI data collection with blockchain technology. While it excels in community engagement, product utility, and partnerships, there are notable areas needing attention, such as audit and security practices, token economy balance, and expanding the development team. The mixed scores indicate a project with potential, yet facing significant challenges that could impact its long-term sustainability and success. Investors should weigh the innovative approach against the risks identified in security and tokenomics. For Ta-da-TADA to thrive, addressing these vulnerabilities and capitalizing on its strengths will be crucial. As it stands, the project presents a cautious investment opportunity, with its success likely hinging on improvements in security, economic stability, and team expansion.

What is Ta-da-TADA?

Ta-da-TADA emerges as a groundbreaking platform, connecting businesses in need of AI training datasets with individuals. By participating in simple tasks such as recording and checking voice data, users can earn tokens through a user-friendly app. This modern approach to crowdsourcing enables the collection and validation of essential data by a global community, offering flexibility in pricing.

The initiative is backed by Morningstar Ventures and has been nurtured since late 2021. Ta-da-TADA’s IDO is set to launch on xLaunchpad, associated with MultiversX, showcasing the project’s strong foundation and promising future. Originating from Vivoka, a company with a seven-year history in developing speech recognition solutions, Ta-da-TADA benefits from a wealth of experience and a clear vision for growth in the AI sector.

At its core, Ta-da-TADA boasts a sustainable business model appealing to both B2B and B2C markets, situating it at the forefront of the rapidly expanding AI industry. The leadership team includes notable figures such as William Simonin, a serial entrepreneur with familial ties to prominent digital influencers, and a robust advisory board featuring Luc Julia, a co-creator of Apple’s Siri.

Sustainable Growth and Industry Impact

The project stands out for its innovative use of crowdsourcing to meet the growing demand for reliable data in AI development. Furthermore, the involvement of an experienced team and strategic partnerships underline its potential for long-term success. The fundamental analysis of the Ta-da-TADA cryptocurrency reveals a project with a solid foundation, innovative solutions for data collection, and a clear path toward impacting the AI and blockchain industries significantly. By harnessing the power of community engagement and leveraging cutting-edge technology, Ta-da-TADA is poised to revolutionize how data is gathered and utilized, promising a bright future for stakeholders and contributors alike.

Fundamental analysis of the Ta-da-TADA cryptocurrency

Ta-da-TADA performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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