The Futurocoin is a PoS (Proof-of-Stake) blockchain platform. Algorand is based on the Byzantine agreement and every new block is generated in less than 10 minutes via a new cryptographic (message-passing) binary agreement. The Algorand blockchain has a low participation cost and is open to everyone. ALGO is an accurate, secure and transparent decentralized network. The Algorand network started in Feb 2018 when it announced it had acquired $4M seed funding from Pillar and Union Square Ventures. Get the latest price of ALGO, the coin’s market cap, and other data on COIN360.