Algorand (Algo) Coin Analysis and Price Predictions 2021 | Insane FOMO Could Make You Rich!

Crypto Slay3r
https://www.patreon.com/cryptoslay3r In this video I compare return rates from popular cryptocurrencies such as Doge and BNB to Algorand (Algo) to show how undervalued it is (in my opinion) I also provide a brief overview on how the tech works and how it can change payments. I mentioned staking and the reasons why I would hold long term which is not financial or investment advice. What is Algorand (ALGO) ? “Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Who Are the Founders of Algorand? Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world. What Makes Algorand Unique? Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are very lower transaction fees, as well as no mining (like Bitcoin’s energy-intensive process), as it is based on a permissionless pure proof-of-stake blockchain protocol.” – Coinmarketcap Disclaimer: I am not a financial advisor therefore, I am not offering financial or investment advice. Do your due diligence and your own research, as well as consult with an accountant or certified financial adviser before investing. Affiliate disclosure: Some of the links I promote are affiliate marketing links which means I may have relationships with brands, products, services or companies in which I use my social media platforms like YouTube, Instagram & Twitter to publicly recommend. Therefore, if you use those links, I will receive a paid commission depending on the brand/product/service.