Anthony Scaramucci, founder of hedge fund SkyBridge Capital, has often praised Algorand Network (ALGO) in the past. According to him, this network has the ability to compete with it Ether (ETH), Even Bitcoin (BTC). He recently revealed in an interview with Digital Asset News that he has invested seriously in the crypto project for this reason.
Algorand at SkyBridge Capital
Algorand is a proof of stake A blockchain designed primarily for developers decentralized applications (dApps) for financial service providers. SkyBridge Capital has been convinced of the potential of the project for a long time which is why in September last year Million dollars Designed to stimulate the development of the Algorand ecosystem.
In the recent interview Anthony Scaramucci said he is confident that Algorand Network will replace most of its competitors in the future.
“I have a quarter of a billion dollars in Algorand now. I think Algorand will be the new Google.”
According to Scaramucci, Google in the early days was similar to Algorand today. In the late ’90s, many people wondered what to do with Google. In the end, Google will cut short the competition and emerge as the absolute winner.
“Algorand is the future. It just needs more people.” deep diving due diligence and make a decision to choose Algorand.”
Scaramucci left in December during a Interview with CNBC I know he wouldn’t be surprised if Algorand eventually took down ethereum. According to Scaramucci, the Algorand network is superior in almost all respects.
“SkyBridge Research believes that Algorand is capable of trium.” freak out: It is faster, has lower transaction costs and has a negative impact carbon traces. “