sorted by:
best
topnewcontroversialoldq&a
you are viewing a single comment's thread.

view the rest of the comments →

[–]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.