🌎 A quick thread 🧵 on real-world usage of countries using the @Algorand blockchain to empower their citizens, lower the cost of verification, and to reach people everywhere. $algo
Expand thread to see why this is much bigger than #FIFA. 🧵👇
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#Nigeria has partnered with @koibanx to allow their citizens to copyright IP and receive royalties. This is one of the largest crypto projects in the entire world.
#Philippines creating a wallet on @Algorand that is fully insured by the central bank. Mobile banking meets crypto! Fully integrated with thousands of businesses, withdraw cash at ATMs all over the country.
1/ Dear beautiful #Luna NFT projects. Please do your research before deciding on a new blockchain. You’ve already suffered a major catastrophe, and don’t need to be onboarded to a blockchain with downtime or forks. DYOR. Here’s a little on the @Algorand NFT community🧵👇 #algoNFT
2/ Algorand is green, does not fork, has 100% uptime, transaction fee of only 0.001 $algo, instant finality, atomic swaps built into the protocol, falcon keys (quantum secure), state proofs (trustless bridges), trilemma solver built by a Turing award winner @silviomicali.
3/ Utility:@FIFAcom is building a new wallet supporting NFTs on Algorand, @opulousapp is NFT ownership/royalties of songs, @Dequency_io music sync licensing, @lofty_ai fractionalized NFT ownership, @SIAE_Official tokenized 5 million nfts representing copyrights in Italy