Algorand: Should I buy? Is $ALGO worth it? Detailed study w Price Predictions thru 2032
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 Published On Premiered May 21, 2021

#Algorand #Algo #AlgoPricePredictions
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0:00 Intro

0:20 IA Token Valuation Process
Launched in June 2019, Algorand is a permissionless and open-source smart contract blockchain network upon which anyone can build
Algorand solves the blockchain trilemma of speed, security, and decentralization simultaneously
Founded by Turing award-winning professor Silvio Micali, MIT, Algorand has a strong team’s backing, investors who have backed the project financially, and reliable technology

2:00 What it Does
The public version of the Algorand blockchain is primarily designed to enable other developers to create new kinds of applications fuelled by cryptocurrency with low transaction fees and fast finality.
They call this FutureFi on Algorand
Create & Deploy Tokens, NFTs, Stablecoins, Securities, Currencies
Simple & Cost Effective Payment Infrastructure
Create New Financial Tools, Protocols and Services

3:00 Background - What is Algorand used for?

4:00 Bringing Cool Use Cases to Life!

5:00 How it Plays Algorand has the projects like Circle and run the currency for the Marshall Islands

6:00 Target Industries
ALGO focuses on:
Financial services
Microfinance
Government and PS (eg CBDCs)
Insurance
Real estate tokenization
Fraud detection
Copyright mgt eg NFTs, fractional NFTs and more

7:00 Scorecard Ranking [40th 2.9bn MC]

8:00 Benchmark Ranking

9:00 Value Propositions - Green
Carbon Negative blockchain
Responded to Musk Directly
Ties in with work on Marshall Islands
Pushing payments infrastructure

10:00 Value Propositions - Staking

11:00 TRILEMMA Value Propositions In the old days: speed, quality or cost. Pick 2
In the blockchain world: scale, security or decentralized. Pick 2
Algorand is like Solana

12:00 Algorand Adoption
Use cases have expanded
DeFi use cases being built
CBDC with Marshall Islands
NFT play
Stablecoin Play

13:00 Ecosystem

14:00 Longevity and Track Record Silvio started Algorand in 2017 with the goal of improving Bitcoin's underlying decentralized ledger technology Within two years of starting work on Algorand, the project would raise its first $4 million seed round in February of 2019, quickly followed by $62 million raised in an ALGO Dutch auction run on Algorand’s own PPOS blockchain
Algorand’s PPOS blockchain saw its mainnet launch in June of 2019

15:00 Price Prediction - Token Supply
Max Supply Cap of Supply Cap 9,979,490,657 tokens
Currently 1.04BN have already entered the market meaning 150M+ will be added to the market thru rewards, staking etc 15% inflation

16:00 Price Prediction - Token Supply
ICO at $3
Tanked
Hit $1.86 8 Feb and since then has stayed in a range
Now at 200 DMA which could prove to be strong support
Currently 0.94c

16:05 10 Price Models
People love to model ALGO
Some conservative numbers
Some crazy numbers
2030 - $167 = 1.7 Trillion
Price Prediction Coin Price Forecasts 2021-2032

16:55 10 Price Prediction Models w/o Crazy Forecasts
2021 y/e avg 3.30
2025 y/e avg $5
2030 y/e $4 which makes sense when you consider coin inflation.
$4 = $40 BN market cap

17:00 IA Prediction

17:20 Risks

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