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51129913 No.51129913 [Reply] [Original]

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/
https://vestige.fi/
>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
>NFDomains is the Algorand name service and marketplace for Non-Fungible Domains — unique, readable identities for your wallet.
https://app.nf.domains/
>Gary Gensler likes Algorand
https://www.youtube.com/watch?v=2D3SbYzzJLc&t=165s [Embed] [Embed] [Embed] [Embed] [Embed]

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

>> No.51129941
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51129941

>>51129913
Anyone else getting btfo right now?
> -68%

>> No.51129982

I knew I should have swung out of ALGO a month ago and it just keeps bleeding against everything.

>> No.51129997

>>51129941
Honestly, yes. Thinking about capitulating and trading some algos for lunc at this point, kek.

>> No.51130054

>>51129997
I'm thinking about swapping out my stack for some ETH but I already lowered my average from ath to .9
I want to believe

>> No.51130101
File: 1.37 MB, 1464x1090, algonauts.png [View same] [iqdb] [saucenao] [google]
51130101

>>51129913
Algonauts report in. Space booty boss here. Never selling.

>> No.51130113

>>51130054
The only thing that makes me hesitate is the fifa shit in a few months, but I don't even know if that will have any effect. In theory it should, but this is algorand we're talking about kek.

>> No.51130129

>>51130101
Same, I'll just ride it to zero. Never selling.

>> No.51131201

Currently sitting at 13,500 algorand at an average buying price of 29 cents. Gonna continue to DCA over the coming months as well about 800 $ a week

>> No.51132434

not worth holding for years, inflationary and foundation has fuckloads to dump. no users. amateurish defi apps. community is a bunch of 100IQs and boomers. Fuck this pleb coin

>> No.51132445

>>51131201
enjoy your poverty, pleb

>> No.51132462

>>51130129
poverty.

you are not going to make it. you will never make it. open a robin hood account and trade some memestonks save yourself some time low IQ pleb

algorand is for poor dumb ppl.

>> No.51132498

>>51132434
Vest and Octo are quality.

>> No.51132646

>>51130101
halfway to xi fuck

>> No.51132751

I think $2 billion is a little low for this blockchain utility token’s market cap. I also think we’re going to bottom out very soon so I think the price of ALGO can go up from here. DeFi is junk food, real applications soon.

>> No.51133406

>>51132445
Get fucked, already holding 8 eth and wanting to accumulate something else.

>> No.51133449

>>51129982
I sold out and fomo'd it into ETH around 0.0002 ALGOETH and it was a good move but algo seems to perform OK around bottoms with solid support in the .27-.28 region. Disappointing performance during rallies though. I'm keeping my eye on algorand and will get a bag back eventually but I don't think it'll do anything exciting for a long time.

>> No.51133469

>>51132498
shut the fuck up about your algo shitcoins holy fuck, unironically the reason I've sold algo each time I've held it is because the community gets dominated by shills and bagholders huffing copium telling each other that yieldly/gems/vest is going to pump while their actual chain and native coin sit around doing nothing

>> No.51133504

>>51132434
>foundation has fuckloads to dump.
they must have dumped most of it by now kek
>no users.
true
>amateurish defi apps.
most of the dapps on algo I've used have been very smooth with some of the best user experiences I've come across. all of the chain fundamentals are impressive.
>community is a bunch of 100IQs and boomers.
true
algo is a mixed bag but I'm optimistic in the long term, there's no reason fucking cardano should have a many times higher MC than algo.

>> No.51133776

How are you going to vote, fellow governers? For me it's B, A

>> No.51133893

The DEFLY app is pretty good in terms UI

>> No.51133899

>>51133776
B, B. Not exposing myself to smart contract risk.