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Author Topic: What can you say about Algorand  (Read 171 times)
VRExpress (OP)
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May 03, 2022, 09:18:22 AM
 #1

Guys FIFA has selected Algorand as an official blockchain partner in coming world cup, in fact this isn't the main reason I created this topic, I am surprised why I have never ever look into this project, not even once since I've know about crypto, is algorand a good project? Any fans on here?

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May 03, 2022, 01:30:31 PM
 #2

I recently drew attention to Algoraland, because another project that I am observing decided to move to this blockchain. Algo looks promising technically, and events like the World Cup are sure to bring this project to the attention of the wider community. This could be a good time to invest.

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May 03, 2022, 01:31:03 PM
 #3

Is not this about the sponsorship between algorand and fifa? What i can take from the news if algorand has become the first sponsorship from the blockchain company. is not this sponsorship bring money to the fifa?  I doubt if this is a partnership agreement. I know that the pump was triggering you to ask this question but as far as i know this blockchain is not so good compared with another one like polygon.
The hype were so big but not for the user base for its blockchain
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May 03, 2022, 01:39:18 PM
 #4

very surprising. they can take full advantage of opportunities and get attention from their efforts. being one of the sponsors of the world cup has earned it the attention of the crypto community even though the market is currently bearish, ALGO is rising very high today. ALGO was able to survive bearish market pressures and rise leaving other altcoins struggling to maintain their price.

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May 03, 2022, 03:20:38 PM
 #5

Algorand is not bad, you can at least just buy 100 pieces of this coin and forget it or wait for more price correction which will happen because BTC can still go down to 33,000$ and moreover bear market is already active so this will create more buying opportunity in coming weeks.
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May 03, 2022, 03:44:26 PM
 #6

This is a good blockchain but still undervalued. The new partnership that already announced will bring small impact to the price of algorand. I will not expect a big pump from this partnership. The news was about a cooperation with fifa but it doesn't mean with such cooperation and it will increase the demand for the algorand. People are being hyped caused by this coin but i have different opinion about that.
The price will be dumped back again once people have done with the pump. This coin is not so special for me.

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May 03, 2022, 04:31:03 PM
 #7

Guys FIFA has selected Algorand as an official blockchain partner in coming world cup, in fact this isn't the main reason I created this topic, I am surprised why I have never ever look into this project, not even once since I've know about crypto, is algorand a good project? Any fans on here?

Algorand got most of the tools - AlgoFi, Algomint, TInyman, YIeldlyLP, staking and more. Among the advantages are unlimited scalability, the impossibility of forking the blockchain, a secure three-level protocol, decentralization and low transaction fees. New partnerships and sponsorships being established by Algorand help it get support to strengthen the ALGO coin. So the positive expectations regarding the course can be considered quite justified.
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May 03, 2022, 04:52:19 PM
 #8

I'm not a fan ALGO and to be honest I just realized that ALGO is a world cup sponsor, and I checked the price of Algo is also better than other coins,
the current price can't be a good role model for this coin, the algo goes up probably based on this world cup,

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May 03, 2022, 06:52:41 PM
 #9

I think Algorand is still a promising project to develop in the future, but it will still take time to see if Algorand really fulfills the wishes of investors or if the price will not be able to or long to rise again. Everything takes time, and in the meantime, Algorand has made a breakthrough in sport by becoming a FIFA sponsor. We will see if that will help to push the price up in the future or if the price will stay that way.

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May 03, 2022, 07:13:36 PM
 #10

Guys FIFA has selected Algorand as an official blockchain partner in coming world cup, in fact this isn't the main reason I created this topic, I am surprised why I have never ever look into this project, not even once since I've know about crypto, is algorand a good project? Any fans on here?
It is very good and positive news for crypto. Algorand already looking for big partnership and they did preciously worked well and I think this is best achieved for Algo.
Algorand is very good for future. Their team is working very good and they are working with many project . If you see their Twitter account you will see many partnership and good news there.









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May 03, 2022, 09:22:34 PM
 #11

with this strategic event, Algorand will get fans, I think the event becomes a FIFA sponsor in the world cup, in that case Algorand spends a lot of money to be part of the world cup sponsor, this will be the same as the tiktok application, in the previous world cup. achieved success in developing its platform and it is possible for Algorand.

promotion is the most important part of every success of a company (Algorand), this has been embedded in the 4P marketing strategy (price, product, place and promotion), therefore Algorand has created a market share that is widely seen by the world community, find out, and read the benefits, the calculation of the investment analysis, when there is interest, there will be action and lead to investment.

as a profit seeker, I personally don't put forward the desire to be part of them (become a fan of Algorand), but examine their influence and be a part of digging information, evaluating developments, and making profits. nothing but profit.
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May 03, 2022, 11:32:47 PM
 #12

that’s definitely really nice partnership but regardless doesn’t necessarily means this makes algorand any better than most of the newer altcoins that has gained tremendous growth just like matic, sol, and terra luna.
honestly though I’ve never interested in investing in this altcoin, I just couldn’t see the need for investing in it either for portfolio diversification, but I guess after this partnership comes in public there might be some newcomers into the platform
I also gonna see if this altcoin could make a comeback and becomes a real competition among the smart contract blockchain that i’ve mentioned earlier.
it’s just that maybe I see no real use case despite the partnership, will the platform being used for some specific use case by Fifa or it’s just another ordinary kind of partnership that was purely made just for sponsorship.

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May 04, 2022, 06:58:29 AM
 #13

Im not a fan but only a user. Algo was a new blockchain. Just because it was making a partnership with FIFA for world cup football and it doesn't mean this project was good. This is also an old project as well but it can't compete with its competitors like solana ATOM and fantom. I remember when some people were calling it an ethereum killer as well caused by the scalability concern.

This is a medium tier of blockchain for now and i can call that as good enough project.

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CryptoATM
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May 04, 2022, 07:05:06 AM
 #14

Algorand is so undervalued right now, I can't judge a project that's not even out for many years already for example like EOS, I can take the risk on Algorand because it still have the chance to accomplish something great in future, as for he FIFA partnership do not let this get into your head, it's not as if this means that Algorand is the greatest, it's just normal something that can happen to any project.
Nivia1st
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May 04, 2022, 07:15:09 AM
 #15

Guys FIFA has selected Algorand as an official blockchain partner in coming world cup, in fact this isn't the main reason I created this topic, I am surprised why I have never ever look into this project, not even once since I've know about crypto, is algorand a good project? Any fans on here?

That means that Algorand collaboration with FIFA has succeeded in attracting people like you and paying attention to this project. but I personally judge this is just an attempt to pump for a moment. there is no major impact resulting from this collaboration other than the price of ALGO went up high yesterday.

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May 04, 2022, 07:55:06 AM
 #16

Guys FIFA has selected Algorand as an official blockchain partner in coming world cup, in fact this isn't the main reason I created this topic, I am surprised why I have never ever look into this project, not even once since I've know about crypto, is algorand a good project? Any fans on here?
One of the project Im eyeing on other L1 projects. I think if bear comes this is one of the project that Im gonna filled my wallet as it showcase potential and hearing the news could cause bullish to other traders but still waiting its atl or at least low price before even buying it. Itd market cap is considerably lower still.

Its not yet as big like avalanche, matic and fantom but could grow in the future.

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WalkerIVIV
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May 04, 2022, 09:12:08 AM
 #17

A good blockchain project that is still undervalued. It has no a lot of dapps on it. It's going down again since it was going up last days. We will see whether the impact from such partnership will give this blockchain a very big popularities or not. I will not take this news as something big. Any project can also become a partnership with fifa.
Even some crypto exchange sites have become official sponsor for some big football club.

masterrex
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May 04, 2022, 11:25:52 AM
 #18

Guys FIFA has selected Algorand as an official blockchain partner in coming world cup, in fact this isn't the main reason I created this topic, I am surprised why I have never ever look into this project, not even once since I've know about crypto, is algorand a good project? Any fans on here?

IMO, I think that's not the main reason why the Algorand has become a FIFA partner, I mean it is not about Algorand being a good project, its obvious FIFA needs a sponsor and a blockchain partner so I think Algorand has delivered that FIFA requirements as a partner sponsor so I believe that was the reason why it has been chosen as a partner, Anyway I have no doubt Algorand is a good project that's why it has the capacity to be a partner of that prestigious sports organization like FIFA.  
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May 04, 2022, 11:30:46 AM
 #19

Guys FIFA has selected Algorand as an official blockchain partner in coming world cup, in fact this isn't the main reason I created this topic, I am surprised why I have never ever look into this project, not even once since I've know about crypto, is algorand a good project? Any fans on here?

Algorand is a Blockchain focus on future NFT technology. They are perfect fit for having the sponsorship of FIFA since they are huge and good for NFT of FIFA teams and player. Chilliz is a good candidate for that position but Algorand is much larger and can offer an amount that FIFA can't resist. This will open up for more FIFA NFT in Algo Blockchain in the future.

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May 04, 2022, 12:02:15 PM
 #20

 This is good news for the crypto market that FIFA joined the Algorand as an official blockchain partner in the world cup, I have joined this project a few months back but no good response was received from the project, new tokens and projects launched on this blockchain are failed and most of the scam token launched on Algorand blockchain and no any successful project on Algorand blockchain and the price of Algo is also down almost 60% so I don't suggest to join this project.

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