Projects

Algorand - Logo

Algorand(ALGO)

Blockchains (L1)
Price
~$0.1595
Live
ATH
$3.17
5.1y ago
ATL
$0.0885
316d ago
Chains
Algorand - Logo
1 chain

7d price+4.9%

30d price+14.6%

90d price-18.5%

180d price-0.2%

Learn more

What is Algorand?

Algorand is a smart contract platform for decentralized applications (a blockchain). Algorand was founded by Silvio Micali and launched in 2018.

How does Algorand work?

Validators process transactions and receive fees from users (supply-side fees).

Who governs Algorand?

ALGO holders own and govern the protocol. They currently take a cut of the transaction fees paid by users (revenue). Algorand's investors include Union Square Ventures, Multicoin Capital, Pillar, etc.
RevenueAlgorand's share of the transaction fees$100Connects Validators & UsersSupply-side feesValidators' share of the transaction fees$0ValidatorsFeesTransaction fees paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.