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/biz/ - Business & Finance

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24756062 No.24756062 [Reply] [Original]

What does /biz/ think of Algorand (ALGO)?

>> No.24756155

maybe if they burned 50% of the supply it would be a compelling investment

>> No.24756185

>>24756155
Your brain can't handle the big numbers this project is aiming to achieve?

>> No.24756224

>>24756062
Solid ass project with horrible tokenomics working as nonprofit pump and dump scam for MIT. It’s nice to see someone doing some work for IOHK, Eth is at the point when where they’re shilling Kleros to pay freelancers in India to steal their code. Lol.

>> No.24756398

>>24756155
What seems to be the problem, anon?

ALGO total supply is 10 billions. Circulating supply is 3,6B right now. In the previous 2017 bull run, XRP's market cap reached as high as $125B. Do the math.

>> No.24756420
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24756420

>>24756224
>Solid ass project with horrible tokenomics
Elaborate? Also, the team perfected their tokenomics 2 days ago. Have a read: https://algorand.foundation/news/new-algo-dynamics-overview