Op-ed: How Algorand is gearing up to become a contender to Ethereum
The past few years have seen numerous crypto projects — from Neo to Solana — threaten to dethrone Ethereum as the world’s leading decentralized app (Dapp) platform.
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As the non-fungible token (NFT) market continues its meteoric rise — capturing an aggregate valuation of $40 billion in 2021 — possible use cases are exploding. While still mostly untapped, some of the more advanced uses for NFT’s are beginning to find their home on the Algorand network, and for good reason.
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