Why buy ALGORAND?
1) The native cryptocurrency of the Algorand protocol is called ALGO.
2) ALGO is used on the platform to incentivize network participation and power transactions or state changes.
3) Not just that, users can stake their ALGO in exchange for inflation rewards by signalling their status in the system.
About ALGO
1) Algorand is a scalable, secure and decentralized digital currency and smart contract platform.
2) The platform uses a Pure Proof-of-Stake consensus mechanism to secure the network and reach consensus on block production.
3) Algorand protocol provides users with a robust set of developer tools such as dApps analytics and has a number of patterns building on its blockchain such as OTOY, Syncsort, TOP Networks etc.
4) It is founded by Silvio Micali, who is an MIT professor and Turing award winner.