Algorand Foundation announces date for first auction
The Algorand Foundation is launching its long awaited network with the auction of its native token, Algo, on June 19th in Singapore. The Foundation is selling 25 million Algos at a starting price of $10 and reserve of $0.10. The auction will last 4,000 blocks or five hours and comes with a one-year refund policy for up to 90% of auction price paid.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.