/algo/ general

[biz.algo !BzKoFNllbI No.53600923]

on chain 20x leverage 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://app.deridex.org/
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

[Anonymous No.53600973]

>>53600923
Imagine holding Algo when Hbar is proven to be the better project.

[Anonymous No.53601022]

THIS IS NOW AN HBAR GENERAL THREAD

By 2023-2024 half of the hbar supply will be released.
If Hbar only manages to hit Ethereum's ATH in 2023 - 2025 (by virtue of Hedera Hashgraph being superior to Eth 1.0 / 2.0 at every metric, we know it can at least hit this figure) the results would be:

>25b Hbars supply circulating
>MC of Hbar 500b
>Each Hbar worth $20 (2023 - 2025)

Hashgraph technology is objectively superior to anything blockchain related, and for this reason Hbar will go parabolic over the course of the next few years. Therewith, let's assume that Hbar tokenizes 1% of the global economy, although in truth Hbar will tokenize a much larger market share of the global economy, but I believe in providing conservative estimates which underwhelm in relation to what actually will happen.

Total global wealth of the world is 431 trillion.

>If 1% of the global economy is tokenized via Hedera Hashgraph (tokenization is just a single use case for hashgraph technology.)
>This creates an Hbar market cap at an absolute minimum of 4.31 Trillion (actual Hbar market cap would be much-much higher.)
>In 3-4 years, when this project begins to conduct its hostile takeover, assuming 32b hbars will be released at that time, this puts each hbar at around $132 each.
>This is 670x from the current price of .20 cents. Your 10k hbar suicide stack (roughly $2000 USD) is now worth $1,340,000. Keep in mind, this is the CONSERVATIVE estimate.

>hbar released schedule
https://www.youtube.com/watch?v=QTNNYeSks-s&t=2190s [Open]
>total wealth of world:
https://www.barrons.com/articles/total-global-wealth-rose-to-us-431-trillion-in-2020-01623322810

sui / make it stacks depend on timeframe

>0 - 3 years 10k sui / 100k make it
>4 - 7 years 1k sui / 10k make it
>8 - 10 years 100 sui / 1k make it

Recommendation: Buy a 25k stack, sell 10k in 3 years, 10k in 6 years, and 2.5k in 10 years. Stake the rest of your hbars for a handsome passive income.