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/biz/ - Business & Finance

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52637660 No.52637660 [Reply] [Original]

algorand blackjack is actually pretty fun but where the hell is the world cup sportsbook edition

>What is Algorand
Algorand is an open source permissionless public blockchain based on a pure proof-of- stake consensus protocol—the first of its kind to support the scale, open participation, and transaction finality for billions of users.
https://www.algorand.com/
https://algorand.foundation/

>Algorand use cases
https://www.algorand.com/what-we-do/use-cases
https://algorand.foundation/algorand-protocol/use-cases

>Participate in Algorand Governance for quarterly APY
https://governance.algorand.foundation/

>Popular ALGO DeFi
https://www.algofi.org/
https://tinyman.org/
https://folks.finance/
https://algoxnft.com/
https://www.nftexplorer.app/

>Personalized Algorand addresses (NFD)
https://app.nf.domains/

>USDC stablecoin is powered by Algorand
https://medium.com/centre-blog/centre-consortium-announces-algorand-as-an-official-chain-for-usdc-launches-on-mainnet-fa664dec3a0b
>VISA and MasterCard will support USDC in their crypto cards
https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/
>FIFA announces partnership with blockchain innovator Algorand
https://www.fifa.com/about-fifa/president/media-releases/fifa-announces-partnership-with-blockchain-innovator-algorand
>Universal Music Group to Release NFTs on LimeWire’s Algorand Marketplace
https://decrypt.co/100704/universal-music-group-nfts-limewire-algorand-marketplace
>Gary Gensler likes Algorand
https://www.youtube.com/watch?v=2D3SbYzzJLc&t=165s

>Get the official wallet
https://perawallet.app/
https://wallet.myalgo.com

>> No.52638136
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52638136

>>52637660
This blockchain feels dead. Decipher will not pump it, but we can at least hope that Inc and the Foundation will have SOMETHING to show for the past year of constant dumping. The Foundation’s treasury is apparently worth at least $1 billion, and Algorand Inc. might actually have a profitable software contracting business model. The only thing I’m really anticipating here is Deridex, perps are going to change the game.

>> No.52638399

>>52637660
>>>USDC stablecoin is powered by Algorand
>https://medium.com/centre-blog/centre-consortium-announces-algorand-as-an-official-chain-for-usdc-launches-on-mainnet-fa664dec3a0b
>>VISA and MasterCard will support USDC in their crypto cards
>https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/
This is supposed to be a selling point? Even Hedera has Circle-issued USDC, kek

>> No.52638890
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52638890

>>52638399
>hedera

>> No.52639436
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52639436

>>52638136
>The Foundation’s treasury is apparently worth at least $1 billion
Fuck me. These corrupt motherfuckers will keep giving free coins to VCs who will continue dumping on retail. Holding algorand has been nothing but pain.

>> No.52639844

>>52638136
Sbf bought out Skybridge a couple months ago before the ftx collapse , and they had something like a quarter billion in ALGO, the shitchain will go to zero

>> No.52640207

>>52639844
FTX bought 30% of Skybridge Capital and they have/had a quarter of a billion ALGO, not dollars in ALGOs. If they were to dump it all at once on the open market it could do some damage but I honestly can’t imagine that the Mooch is still holding it all. He doesn’t talk much about Algorand at all anymore, having opted to favoring Solana before the FTX collapse. None of you even know how the initial sale of ALGO worked. “Accelerated Vesting” caused most of the VCs to dump their entire stacks into pumps last year. We’ll be fine.

>> No.52640232

>>52637660
Sold at 1.40 a few months ago (low six figure worth) starting to think about buying back in. 0.15-0.20 should be the bottom for algorand. It will probably crab in this range until the next bull.

>> No.52640251
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52640251

>cbdc projects collaborating with algorand
> all dead