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Is Algorand's $ALGO Worth the HYPE?! (Pros & Cons)



Algorand has arguably the BEST TECH out of all Layer 1 blockchains out there… but is it worth the hype?! Well to answer this question I dove deep into the world of Algorand and I want to share with you everything that I found. Specifically 3 Pros and 3 Cons that we gotta understand before we can make our final verdict. If you’re curious about $ALGO and want a fair review, definitely give this a watch and let me know what you think!

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Resources:
Overview: https://www.gemini.com/cryptopedia/what-is-algorand-cryptocurrency-blockchain
Trilemma thread: https://www.reddit.com/r/AlgorandOfficial/comments/rbi3l4/some_thoughts_on_algorand/
More on trilemma: https://medium.com/intotheblock/diving-into-algorands-decentralized-scalable-secure-blockchain-f24df550c5f2
Algo’s own explanation: https://www.algorand.com/Core%20Tech%20in%20a%20Nutshell_2.pdf
Tokenomics concerns: https://www.reddit.com/r/AlgorandOfficial/comments/ovv2wl/i_hear_a_lot_of_people_mention_that_algorand_has/
Accelerated Vesting: https://www.reddit.com/r/AlgorandOfficial/comments/pjdp5n/algorand_accelerated_vesting_will_most_likely_end/

Timestamps:
0:00 Intro
0:26 What is Algorand?
2:21 Covesting Shout Out
3:07 Pro #1 – Dev Friendly
4:24 Pro #2 – Range of Apps
5:19 Pro #3 – Trilemma Solution
6:19 Con #1 – Previous Tokenomics
7:28 Con #2 – Where’s the DeFi
8:43 Con #3 – PR
9:52 Final Verdict

#Algorand #ALGO #Review #Pros #Cons

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