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Saturday, December 05, 2020 9:03:07 AM
Million-dollar startup calls on Algorand to fight climate change
The blockchain marketplace, Climatetrade, will build its new CO2 offset platform on Algorand, a Top 50 cryptocurrency project that aims for scalability and transactional performance.
Climatetrade announced on Wednesday that it had selected the Algorand blockchain to power its carbon offset market, which is designed to help organizations achieve CO2 neutrality – a key pillar in the fight against climate change.
Climatetrade relies on Algorand for its “flexible architecture, low transaction costs and scalable transaction performance,” according to CEO Francisco Benedito.
Algorand is the 49th largest cryptocurrency project with a total market of around $ 393 million. Its ALGO token is currently trading at around $ 0.34.
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
Recent ALGOUSD News
- Algorand Foundation CEO’s X Account Compromised As Spree of Crypto Social Media Hacks Continue • The Daily Hodl • 01/27/2024 09:00:09 PM
- Hedera (HBAR) Shines: Record-Breaking 164 Million Daily Transactions, Market Cap Reaches $2.9 Billion • NEWSBTC • 01/27/2024 01:00:15 AM
- Bitcoin Crash Ahead: Expert Predicts Testing $20K Before Rebound • NEWSBTC • 01/26/2024 11:00:46 PM
- Hacker mocks Algorand after maintaining control of CEO’s X account for 15 hours • Cointelegraph • 01/26/2024 07:40:00 PM
- Algorand CEO’s X Account Hacked, Is Justin Sun Involved? • NEWSBTC • 01/26/2024 03:10:48 PM
- Algorand CEO’s X account compromised, hacker posts satirical tweets • Crypto Briefing • 01/26/2024 10:36:13 AM
- Algorand CEO’s hacked account dances into pole position • Cointelegraph • 01/26/2024 08:20:00 AM
- Bitcoin Whale Addresses Hit 15-Month High – A Sign Of Growing Accumulation? • NEWSBTC • 01/20/2024 08:20:14 AM
- Algorand (ALGO) Stuns In Q4: Market Cap Soars, TVL Doubles, And User Base Skyrockets • NEWSBTC • 01/20/2024 03:00:25 AM
- Algorand shaves block times by 20% after Dynamic Lambda upgrade • Cointelegraph • 01/18/2024 04:41:22 AM
- Hedera partners with Algorand to develop a ‘decentralized recovery’ protocol • Crypto Briefing • 01/12/2024 12:14:16 AM
- Hedera and Algorand partner to develop decentralized wallet recovery system • Cointelegraph • 01/11/2024 02:14:17 PM
- XRP In December 2023: Decoding An 800% Nostalgia And The Hope For $1 • NEWSBTC • 12/25/2023 12:00:15 PM
- Polkadot Pops: Price Hits Fresh 2023 Peak, Breaking Through Doubts • NEWSBTC • 12/24/2023 12:10:23 PM
- Google AI Predicts When XRP Price Will Cross $5 And What Will Drive It • NEWSBTC • 12/24/2023 10:40:28 AM
- Solana Surges Above $117 As Meme Coin Craze Extends Market Momentum • NEWSBTC • 12/24/2023 06:31:30 AM
- Bitcoin's 8-week win streak is in danger, but ATOM, FIL, EGLD, and ALGO don't care • Cointelegraph • 12/17/2023 03:52:15 PM
- FIFA launches NFT collection amid 2023 World Cup • Cointelegraph • 12/11/2023 07:24:07 PM
- Crypto This Tuesday: BlackRock Receives $100,000 for Bitcoin ETF, Robinhood’s Trading Volume Grows 75%, and More • IH Market News • 12/05/2023 06:39:22 PM
- United Nations agency to upskill thousands of staff in blockchain tech • Cointelegraph • 12/01/2023 05:02:59 AM
- Crypto this Thursday: Robinhood Aims for British Market, MicroStrategy Expands Investment in BTC, and More • IH Market News • 11/30/2023 07:40:35 PM
- Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher • Cointelegraph • 11/26/2023 06:57:48 PM
- VET, IMX, GRT and ALGO show bullish setups as Bitcoin trades above $37K • Cointelegraph • 11/12/2023 07:47:52 PM
- XRP Price Outlook: Expert Forecasts Potential Rise To $5.5 • NEWSBTC • 11/11/2023 04:00:50 AM
- Algorand (ALGO) NFT Rewards Skyrocket: Transactions Surge 320% In Q3 • NEWSBTC • 11/10/2023 07:00:58 PM
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Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM