The Algorand (ALGO) project made a surprising expansion move, managing to secure $200 million’s equivalent in VC funding. In a recent PR statement, the Algorand project detailed the fundraising effort, which accepted ALGO coins instead of dollar funding.
The Algorand project was an anomaly in the crypto space, in that it was immediately listed on most leading exchanges, within days of its launch. Usually, crypto startups wait for months, but Algorand quickly became influential.
Also, the brand-new project was selected to carry a part of the Tether (USDT) supply, becoming one of the few network...