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178.25 Karma

Review on Algorand by Inioluwa Okedeji

Revainrating 5 out of 5

Algorand: A Decentralized Project That Aims To Help In The Development And Realization Of Innovative Ideas And Projects.

eAlgorand is cryptocurrency project that aims at developing a structure that can be trusted and one that also requires no permission before it can be used.
And also, algorand project is a decentralized project that is built on a proof-of-stake concept and seeks and aims for an economy with no borders, no restriction, basically a transparent and open project.
This cryptocurrency project also aims to support upcoming innovative projects by funding educations, research and the community development teams in order to provide a stable, reliable and thriving system.
So the primary aim of the algorand project is to help develop innovative projects from its inception to completion. Most importantly to ensure that projects are successful and developed to help the algorand ecosystem.
In other to bring the project to accomplish it dreams and aims, the algorand project development team is made up of expert scientists that constantly use their expertise to bring this project closer to its goals.
The platform's native digital currency, Algo can be used for trading, transactions and can be held, kept for its value. There also added benefits for users holding and keeping Algo.
I think Algorand project will be successful because of the aims it wants to accomplish and when the public also tune in to the same wavelength that the project operates, success is certain.



Pros
  • Algorand project is a decentralized project.
  • It is built on the proof-of-stake algorithm.
  • The platform is secure and safe for users to make transactions
Cons
  • Algo token is currently low in value, making it not worth much by keeping it.

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