Algorand is formally a public blockchain but sharpened to corporate culture for commercial use. It is headed by MIT professor Silvio Micali. He is a good acquaintance of Harry Gensler (current head of the SEC).
There is a possibility that only Ethereum and Algorand will be popular in a few years. Many other blockchains will simply occupy a small niche for their followers (Near, Solana, BSC, etc).
Ethereum will remain the main forge of new technological projects with open source and decentralization, while the commercial use of distributed registers will remain with Algorand.
ALGO operates an algorithm that releases additional ALGO into circulation whenever the MA-30 rises above its ATH. This artificially suppresses the price. It brings stability to ALGO, which is typically more attractive to forming large-scale partnerships but it discourages investors. Thankfully, this algorithm will no longer function beyond mid-2023.
The bulk of projects will launch by the end of 2021. The project tokens are scheduled for the 1st quarter of 2022. Therefore, you can use the testnets of Algodex, the Algofi landing protocol, leave an email for the presale of Folks landing protocol. testnet.algodex.com/ test.algofi.org/ folks.finance/
In a week, the Algomint bridge will open. It will work for free for three months, and then it will issue governance tokens. algomint.io/ The main dex Tinyman has not yet released its token (you know what to do for a drop). I'm sure there will be airdrops(retrodrop) because the main AMM attracted 20M investment. For what? About the NFT segment - Opulous is good, but they already have their token. opulous.org/
I appreciate the information about the entire project that you also posted with the chart. Would love to see more like this. It also took a lot of effort. Thanks for the contribution to the trading community.
i8myapl
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Completely agree. We're still early wth Algorand.
optimus9686
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Loading*
optimus9686
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Losing up
uniqueandbroke
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Bags loaded🔥
ICP_holder
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very nice idea💎
OliPonoRopa
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thanks for the keeping such posts, interesting how it works after a few month
UnknownUnicorn4127247
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Keep up the good work ;)
reees
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looks like someone liked your idea enough to plagiarize it verbatim....
reees
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Do you happen to have a source regarding the release of ALGO based on the MA-30? It looks like the max total supply is 10 billion, all scheduled to be released into circulation by 2030. I don't see anything about inflation related to price. algorand.foundation/governance/algo-dynamics. Appreciate the good work!