Seeing all these traceability projects popping up left and right, and RWAs continuing to develop using Algorand blockchain, makes me question how the utilities of ALGO would evolve in the long term. How do you all envision ALGO’s valuation as the native token being played out? Are we all just dream…

I think ALGO is going to be what everyone envisions bitcoin to be. The decentralized payment protocol that is used for this new virtual world. If everyone wants to use it, there are only 10 billion tokens. I see a world where the price of ALGO goes up because people are constantly converting their d…

Unfortunately this sentiment doesn’t align with Algorand’s tokenomics today. Technically speaking, why would this occur? “people are constantly converting their dollars or government currency into a decentralized, permissionless currency like Algorand” For what kind of operations and incentives?

What I think is that Algorand is a platform for utility, and aiming for capital gains with the native token ALGO is misguided. In other words, ALGO is merely a utility token for decentralizing consensus and paying gas fees. This is my personal opinion, and of course, I’m saying this while holding a …

ALGO as a utility token

General

Algomania March 4, 2024, 4:53pm 3

Algo is what ever you want it to be . Thats the beauty. The power to transfer a Digitial version of ANYTHING … I always like to say Money is #1

But we are in an era of smart money…

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ALGO as a utility token

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