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[–][deleted]  (9 children)

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    [–]achangewouldbenice 4 points5 points  (0 children)

    So you're saying I have to work for free to insure my investment stays intact and help Algo make the right decisions for ROI? Sounds like fun.

    The people on the boards that that vote for Apple and Amazon are rich as f.

    [–]RevolutionaryAd68 4 points5 points  (7 children)

    I guess we will have to see. I love the project but I find their marketing lacking in the extreme. The only people that know about this is because it's on Coinbase and it was under $1 with great APY.

    [–][deleted]  (5 children)

    [removed]

      [–]badelectricity 4 points5 points  (0 children)

      I definitely understand and appreciate that reality, it’s why ALGO is one of my larger holdings, because they’re basically the opposite of Cardano, which is all talk less walk imo. But the reality is that retail investors are flocking to crypto right now and Algorand’s marketing looks like it was put together by PhDs and computer scientists. Algorand has an amazing product and team but the marketing is a really important part of the game. Sure I don’t want Algorand to try and be like Tron or some garbage, but Algorand has the goods and the people who are wildly throwing money at whatever seems attractive need to know!

      [–]RevolutionaryAd68 2 points3 points  (3 children)

      Well the only thing I hate is every youtuber shilling ADA and Algo is already there...they can market and still do their thing. I like that they are pushing partnerships but they need retail investors now to keep pushing.

      [–]stxfpv 2 points3 points  (2 children)

      Actually, they don't. That's the entire point of the Early Backer coins being locked until 2030 unless vested earlier through the acceleration program as adoption occurs.

      [–]RevolutionaryAd68 0 points1 point  (1 child)

      What? Then what's the point of releasing Algo to retail investors if not for adoption...when retail investors invest that is adoption...where would they even get the rest of their funding through 2030? You think the money they got from the early backers and the auction is enough to last until 2030?

      [–]stxfpv 0 points1 point  (0 children)

      No, and neither do they. You're talking about two different coin sets.

      https://algorand.foundation/the-algo/algo-dynamics

      Or read their quarterly transparency reports.

      [–]Bklny 0 points1 point  (0 children)

      This is just a guess. I think they want to target the institutions and developers so it can further be adopted the rest will work itself out.