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/biz/ - Business & Finance


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File: 538 KB, 1024x567, FIFA-Algorand.png [View same] [iqdb] [saucenao] [google]
50946811 No.50946811 [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]

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

>> No.50946893

Still not selling

>> No.50947089
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50947089

>>50946811
WTF happened?
It was over a dollar and now it's 35 cents.
Did Governance fuck it that hard?

>> No.50947117

>>50947089
bear market happened

>> No.50947489

>>50946893
Where we're going, we won't need to.

>> No.50947767
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50947767

Vestige is 1-2 weeks away from launching their DEX aggregator. Opulous has been teasing a lot of big developmental releases coming on the 22nd. VEST + OPUL is for big brains only.

>> No.50947989

>>50947767
I’m not sold on Lee Parsons as a person, but Opulous, Dequency, STOI, etc. are all building the framework for a very interesting new trajectory for the music industry. Vestige’s domination of Algorand DeFi is inevitable and VBank is going to be THE decentralized stable asset architecture of the future. The People want a stablecoin with zero USDC contagion, vUSD is just that.

>> No.50948141

I have 3500 Algos what am I in for?

>> No.50948192

defly is algorands uniswap and is valued 1000x lower. wgmi defags

>> No.50948834

>>50947767
Source?

>> No.50949395
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50949395

I know it’s been tough holding ALGO through the past 8 months, but Mommy McGee is going to make it all okay bros: https://twitter.com/catmcgeecode/status/1559532245525872641?s=21&t=e7we_ssvgnTuDrqb19HIaw

>> No.50949408

VC SCAM

>> No.50949686

>>50949408
I think you’re a VC scam, frankly. Algorand doesn’t do scams, they attract serious talent and serious adoption. Go circlejerk over Jump throwing more money away to prop up Solana.

>> No.50949916

>>50949686
Look at the chart you piece of garbage. Algorand fucked everyone

>> No.50950092
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50950092

>>50949916
Performance is a meme, 3AC are the only scammers I see.

>> No.50950163

>>50950092
I changed IDs because I went from work to home, All charts bad, ETH is about to look a lot worse.

>> No.50950178

>>50950092
>Performance is a meme
We are here to get rich you fucking putz. So far, Algorand is below ICO price and is also below its price from 2019. Stop cheerleading the absolute worst project in crypto history and find something better to support.

Algoyrand is a VC scam

>> No.50950304
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50950304

>>50950178
>it’s below it’s ICO price
Then how is it a VC scam? Dutch auction buyers got something like a 90% buyback offer on 50 million ALGO in 2020 and most other ALGOs are distributed as rewards/grants or sold OTC by the Foundation. The DeFi space is, naturally, crawling with VCs since TEAL smart contract auditing is extremely niche, therefore extremely expensive. Some projects are definitely more egregious than others in this respect, but I’m not really in Algorand for boiler plate DeFi anyway. Algorand Inc. comprises some of the brightest minds in the field of cryptography and applied mathematics, and major entities are taking notice. The Bank of Italy has studied Algorand’s tech in a greater study pertaining to how DLTs can be directly integrated with the current European financial system, FIFA hand-picked Algorand to be their chief blockchain partner, and multiple nation-scale collaborations haven’t even been revealed yet. You’re here to get rich quick in the ETH DeFi Pyramid Scheme, I’m here to secure generational wealth by 2030.

>> No.50950326
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50950326

>>50947117
This
>>50949686
Based

I've invested into Yieldly and Loftly. Feels good to have over 6k ALGO and money in DeFi and Real Estate on the Algorand block chain. Let haters hate. I suspect we will be testing 40 cents soon

>> No.50950338
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50950338

>>50950304
Couldn't have put it better myself. Thank you Anon.

>> No.50950340

>>50950326
What keeps you invested in Yieldly after all their recent disappointments? Id hold basically any ASA other than that. I just don’t see what yAMM and yNFT could possibly bring to the table that their several counterparts already have, and yArena is a scam because the metaverse is a scam. They should get with the times and rewrite everything in Reach, too.

>> No.50950355
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50950355

>>50950340
I like Flamingos.

>> No.50950362

>>50950355
Based and checked.

>> No.50950364

>>50950355
Honestly? Based. Maybe you’d be better off selling your YLDY for some MNGOs, but I can’t really argue with your logic either.

>> No.50950387
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50950387

I'm just happy to see an Algorand thread. Thanks for the laughs, Kings. I gotta go to sleep.

>> No.50951783

>>50946893
Unfortunately me too
>>50947089
No, the foundation did
>>50949395
At least photoshop the Algo logo on the hat
>>50950387
I’ll keep it bumped, if only out of shame

>> No.50951920

>>50950304
VC's got ALGO for 1-2 cents in seed rounds you stupid fuck. Then they got vested staking bonuses of like 40% for 1 year and have been dumping on retards like you ever since. Venture Capital have completely fucked this project

>> No.50952583

>>50947989
vUSD looks so fucking interesting I really hope they pull it off. Specially caues if you read the README they clearly have "other derivatives" in mind. So I fucking hope at some point I can get me some nice tokenised stock tokens on Algorand so that I can ditch my broker forever. Ofc this is a bit of a niche that is only really worth it if you're not a burger.

>> No.50952899
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50952899

>>50946811
Daily reminder VEST is primed to dominate the Algorand DeFi space and the nice Polish boy who runs it is literally /our guy/

Get your suicide stack before Greg flips the switch and you’re priced out forever with the Hbar trannies.

THREAD THEME:
https://m.youtube.com/watch?v=1NKETn3pP6M