A first look at the projects competing for Cardano's Fund2

The second-ever Cardano fund is in full effect, with three of the dozens of projects now competing for a part of the 2 million ADA fund presented on the Cardano Effect podcast.

We take a look at the proposals, which range from e-commerce payment solutions to educational hubs, and how they plan on using the $250,000 fund to improve and build on Cardano.

The first project highlighted on the Cardano Effect podcast was Free Commerce, an open source, commission-free payment integration for ecommerce stores.

The "Making sense of Cardano" series will consist of around 10 episodes, each one lasting between 10 and 30 minutes, featuring guest interviews, news, and updates focused on exploring real-world uses for Cardano.

Cardano Hub: An outpost for everything Cardano-related in Kiev.

The third project presented on the Cardano Effect podcast represents a foray into brick-and-mortar rarely seen in the crypto industry.

Rii Voloshyn, the name behind the Cardano Hub, believes that creating a physical location where people will be able to access everything Cardano-related will be a huge benefit for the entire community.

With previous experience in running a cryptocurrency hub spot, Voloshyn wants to create a coworking and meetup space that will feature a library, a bookstore, and a cafe, essentially functioning as an all-in-one hub both for those deeply involved with Cardano and those new to the ecosystem.

While Kiev was proposed as the first location for the hub, the proposal noted that other locations were also in play-the hub could be located in Washington State of Wyoming and functions as Cardano headquarters for the Northwestern part of the U.S. Italy's Milan was mentioned as a possible location, too.

The Cardano Hub seeks funding of around 888,000 ADA for the first year, which represents approximately 44 percent of the total amount allocated to the Fund2.