DEFLY

5alzamt

I participated in the pre sale of two great projects on Algorand blockchain. The first one was ASASTATS and the second one DEFLY. Both are two great projects which delivered great products and despite the weak performance of Algo token both investments turned out a 10x return enabling me to cash out 2x my initial USD investment and remain invested in the projects. The only caveat is that the overall USD amount invested was very small as I stick to my principle that I invest in crypto only as much as I am ready to loose entirely. But it were certainly my most joyful episodes in crypto investing seeing these projects flourish and deliver.

Aromatic-Ad3922

Big fan Algo and some of its projects: $DEFLY $OPUL $SMILE $ASASTATS

DB_a

Defly on Algorand. Wallet for everything. DeFi oriented, combo swaps, charts, good user interface, governance included. DEFLY tokens are used in the fee model of Defly Wallet. https://defly.app/

rich-nyc

After the Tinyman hack I pulled out of all ASAs, with the exception of DEFLY, and moved all my algos into governance and Algo NFTs... The algo NFT space was quite an eye opener but after getting to know the players and the shakers, and the artists and the owners, it's been a really great algo maximizing venture for me so far;)

Hotfogs

One thing you could start dabbling into would be ASAs, yes there are a lot of scam coins but that’s bc Algorand is that much cheaper to use and operate. Amongst the shit there are promising projects and later this year many of the DEXs (Tinyman - TINY Algofi - BANK Pact - tbd) will have governance tokens out. If you’re bored with Algo price action nearly every ASA is under 100m. OPUL (Opulous) is getting exchange listings, i don’t own any and their CEO is a clown on Twitter but they’re the blue chip for music NFTs on Algorand, 500M supply but it’s far from full circulation Defly is a wallet / chart / soon to be DEX integrated app with its own native token (DEFLY) that will reduce fees and be used for governance I believe? 1B supply $9.3 fully diluted mcap Cosmic Champs is an upcoming play to earn mobile device & desktop friendly game apparently similar to clash of clans? VC backed and created by a doxxed team with game development background. The game isn’t out yet but the governance token COSG is being launched today. 270M token supply, launching at .10 YLDY (Yieldly) is still around and kicking even with most people cool to the project and team, they’re absolutely in a rebuild phase with plans for a launchpad are in the works. They’re partnered with Cosmic Champs to have staking pools for the COSG token. YLDY he price action shows that but the 10B tokens are in full circulation with only a $22.3M market cap. STKE (Algostake) is a product available for other projects to use as a staking platform. The organizer buys STKE tokens and can deposit their reward asset and run the staking pool. Over time the STKE balance is used (I don’t know how that side of it operates) and needs to be replenished by the organizer for the pool to keep working. A cool feature is that it takes snapshots of your holdings over the course of every 24hr but doesn’t transfer ownership into smart contracts. I hold LP tokens and get rewarded in one of the Lp assets, as the end user I don’t need to hold STKE to use the service. There are several STKE/token pools though too 1B token supply $13m fully diluted mcap Of this list I only hold YLDY, but wanting to raise awareness that the Algorand ecosystem is in its infancy. Last year there were no DEXs and by the end of this year there may be 6-8 up and running?

diasporajones

Whatever happens Algo is much bigger than VET at the moment and it's barely gotten started. Consider some ASA projects if you're looking for hither risk/return. DEFLY, Tinyman token is coming, Akita Inu is about to launch something in the next week and is already pumping about 70% up for the day, there's a lot to do besides just hold and stake Algo.