Don't look too much at market cap, everyone knows it's a misleading indicator, unless you haven't been paying attention. In the end, the only thing that matters is the code and the tech, not the price or the market cap.
Otherwise EOS would be the champions of the world by buying their own coins using their millions of ETH... Did you see the insane and unnatural volume since the weird and parabolic price spike?

Full disclosure: I also sold most of my ETH to buy ADA.

Anyone who has done a deep research on ADA knows it's a screaming buy. It's not even fair to other altcoins to enumerate why. But here are a few reasons:

1) When the IELE VM is released, that will enable developers coming from about 20 imperative languages (see https://github.com/kframework) to write smart contracts in, so in the language they are the most comfortable in, and it will translated to be readable by the Haskell protocol. Backward compatibility.
That's a lot of potential developers if you ask me. Ethereum will look like a toy when it's released this fall (and I hold some).  

It's built by RunTime Verification, a start-up from Uni of Illinois who has NASA, DARPA, Boeing, and Toyota as clients. They now work for Cardano / IOHK. Not exactly kids in their garage. I don't see how it can go wrong.... https://runtimeverification.com/blog/new-technologies-for-the-blockchain-iele-virtual-machine-and-k-universal-language-framework/

2) Their Sidechains protocol will make them the blockchain of blockchains when they'll finalise NiPoPoW and NiPoPoS. That means that they don't intent to replace anyone, but rather to enable every blockchain and ERC20 tokens to talk to each other
https://bitcoinmagazine.com/articles/sidechains-why-these-researchers-think-they-solved-key-piece-puzzle/

3) High Assurance Code used by Nasa and Plane manufacturers, this is the kind of code used in life-or-death situations....https://www.youtube.com/watch?v=TZGVgNsJSnA&t=164s AND https://www.youtube.com/watch?v=mhKUHpQZIoc&t=

4) Why Haskell is hot for cryptocurrencies? Because it eliminates a whole class of bugs compared to imperative languages (that's why they hired the co-inventor of Haskell, Philip Wadler) https://www.fpcomplete.com/blog/why-haskell-is-hot-for-cryptocurrencies?hs_amp=true&__twitter_impression=true

5) Everything is peer-reviewed and audited by the best cryptographers from top universities and third-party auditing firms, which means that unlike EOS' outlandish claims on hundreds of thousands of TPS, everything Cardano claims is actually true and verified.

6) Multicurrency Daedalus Wallet ( BTC- ETH- LTC- ADA etc...), an extremely well-polished wallet, possibly the best in the space https://daedaluswallet.io/

7) I could go on...

2 testnets are released next week, and PoS and Staking are released in a few weeks, which means you will earn interest on every ADA you hold.
A screaming buy. There are no other projects that even fantasise about what Cardano and IOHK are achieving.

From a monetary point of view, OP has WAY more chances to do a x5 or x10 on buying ADA at $0.25, than holding ETH. ETH can maybe hit $7000 one day but not this year, while Cardano already hit $1.33 in December 2017....

EDIT: corrected some spelling errors.

You're welcome. It is my duty

They don't have the same goal. Here is a good resource to start researching on coins. You can compare their algos scores that the platform has gathered based ontheir analysis. https://coincheckup.com

• EOS is running on the Ethereum Blockchain, and has an centralised organisation structure. I cannot talk much about their project because I am not familiar with it.
• OmiseGo also is a ERC20 token running on the Ethereum blockchain.
• Cardano has its own blockchain, is semi-centralized, has a multi-layers architecture ideal for scaling and to avoid congestion, will be fully decentralised next month/May if all goes well, and plans to be the blockchain of blockchains later in the year /early 2019, by enabling blockchains to be able to talk to each other.
   

I can go on all day long about their project and quote you the multiple advantages of their elegant Haskell code, but if there are 2 things you should remember, it should be the following:

1) The IELE Virtual Machine (VM) they are building that will act as a universal translator for ANY K-defined language, K being a framework that they built (Here is the full list https://github.com/kframework) (Java, JavaScript, Python, Solidity, C etc...). What does it mean? It means that developers won't have to learn Solidity to be able to write smart contracts (SC). They will be able to write SC in the language they are the most comfortable with, and these SC will be translated by the IELE VM to be readable by the Haskell protocol...We're talking about Ultimate Compatibility here. It's beyond important for this industry.
If they succeed and that's why they hired Philip Wadler, the co-inventor of Haskell among other brilliant minds, how to put this, they will be considered as the go-to platform for Smart-Contracts. I would go as far as to say that Ethereum will look like a toy due to its limitations (and I am invested in Ethereum)

Note: IELE is built by RunTime Verification, which Cardano/IOHK funded. They have the NASA and DARPA as clients. https://runtimeverification.com/blog/?p=498
 Runtime V are not exactly a bunch of kids in their garage like other coins.

2) Sidechains: Read this article to understand why Cardano will be considered the blockchain of blockchains, meaning that a BTC or a ETH or any other coin will be able to navigate on the Cardano blockchain....
https://bitcoinmagazine.com/articles/sidechains-why-these-researchers-think-they-solved-key-piece-puzzle/

Here is a more in-depth and technical explanation by Dionysis Zindros, an ex-Twitter genius now working for Cardano/IOHK https://www.youtube.com/watch?v=04D2BP33YI8

Cardano is just not in the same league as the coins you compared them to. It is in a league of its own.

Link to their roadmap: https://cardanoroadmap.com/

Link to their official forum: https://forum.cardano.org/

Link to their subreddit: https://www.reddit.com/r/cardano/

"Diversification is a protection against ignorance. It makes little sense if you know what you're doing."
Warren Buffett

Just do your own research and study each of their whitepaper and their roadmaps and it will be clearer.

As someone who has a decent grasp of all things Cardano, you can ask me any questions you want if you are in doubt.

CoinMarketCap s'est complètement décrédibilisé depuis l'affaire de la brutale sortie de leurs algos des volumes et prix des exchanges coréens.

CoinCheckUp est beaucoup mieux je trouve.

So we've all heard of Bitconnect and other scams by now. Scammers have taken advantage of the absence of regulations and people have lost money in the process. It is 2018, the market is getting more mature, educating newcomers but it still has many Wild West characteristics in its current form. Many agree to say that the need for regulations is urgent.

Why should the industry wait for governments to take action, and they might do so in a harmful way for innovation, despite the optimistic tone of recent crypto hearings before the US Senate?

Crypto being its own ecosystem, what if some form of self-regulatory organisation, i.e. from the inside (and not from the outside) could step up in a centralised or decentralised manner to structure things in a way that will prevent fake ICOs and other malicious forms of theft to flourish?

I am not saying it is possible, I am asking the community if you think it would be worth a try.

Shoot.

Sorry but you're mistaken. If it is true that XRP is currently centralised, you can't ignore the fact that they are decentralising it since 2012, and about to hit their next phase. It's the same about Cardano, it's easier on a technical standpoint to start as a centralised crypto-currency even when your long-term goal has always been to be a decentralised one.
https://ripple.com/dev-blog/decentralization-strategy-update/

Thanks! I wonder which coin NEO or ETH will be needed to participate. Also if anyone has any information as to the technical level of these developers, are they that good, trustworthy etc... ? I read the Whitepaper, but it doesn't give any objective info as to whether they are technically able to achieve that huge task etc..

I have been reading all the pages of this thread and have the following questions:

1) Why didn't anyone answer the multiple questions as to what NEX really is in layman's terms?

2) What are the advantages of a decentralised exchange vs a centralised one, apart from lower trading fees and commissions?

3) Finally, why an ICO/coin is needed as it is my understanding that coming from NEO guys, they already have the funding?