Algorand
$0.75569 -11.18%
ALGO · 3w

All it takes is one successful project.

Sometimes, I’ve thought about how Algorand’s issue is being all things to all people. Being broad is the strategy. Whereas we’ve seen a single project, Serum, drive Solana in a matter of months. If Props or Planetwatch had some economic model requiring some locked value to share in upside, that would help but that doesn’t seem to be in the cards at the moment. I think time is of the essence as you’re seeing commentary that there is a race to scale Ethereum or engineers working with alternatives like Solana or Binance. Curious to see if the broad versus focused strategy can really work.
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Recent news
ALGO -11.18% · twitter.com · 17h

eToro just added Algorand

We just added $ALGO, $MATIC & $BAT 🥳Don't worry, we hear you loud and clear. There's more crypto to come 😉— eToro (@eToro) June 21, 2021
ALGO -11.18% · bloomberg.com · 23h

Morgan Stanley leads investment in Securitize, one of Algorand's most active partners for the securitization of assets using blockchain. Carlos Domingo, the CEO of Securitize, said that Morgan Stanley "sees this as the future of finance". Sounds familiar?

Startup Securitize Inc., which is developing a blockchain platform for investors to buy and sell shares in closely held companies and other assets, gathered $48 million in a fundraising round co-led b...
ALGO -11.18% · finance.yahoo.com · 23h

Morgan Stanley invests in Securitize

(Bloomberg) -- Startup Securitize Inc., which is developing a blockchain platform for investors to buy and sell shares in closely held companies and other assets, gathered $48 million in a fundraising...