10 Jan 2023 · 10 MIN READ
Centralized web2 gaming industry incentives are designed to provide publishers and developers with a majority share of the success of any game. Gamers, as end-users, invest significant time and capital in these games but are left with minimal monetary incentives. Participants are forced to interact with a system that they have no control over. Traditionally, gamers have had no means to benefit from their investment of time and money. These one-sided incentives have necessitated the creation of a
Algorand was founded in 2017 by Silvio Micali, a renowned MIT professor and Turing Award recipient. Micali identified the need for a scalable and secure blockchain platform that could maintain decentralization, providing the crypto space with a solution that addresses the limitations of existing platforms like Bitcoin and Ethereum. Introduction Algorand, a relatively recent addition to the blockchain landscape, aims to enhance scalability while preserving decentralization, an issue faced by
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