### Michael Crypto enthusiast. XRP was my first love and I am excited to learn more about Algorand. --- ### Welcome to the Algorand Community Welcome to the Algorand global community! This place is for contributors wishing to work towards the goal of building a secure, scalable, decentralized network serving as trusted public infrastructure for the common good. --- ### Discussion Posts #### Wishing best luck to Algorand . A wise project He is a great speaker and very creative thinking. Accent is a plus. But yes, I honestly believe we got a very good CEO here. Not your average “hey, we got an idea, lets capitalize this” fellow here, but one that thoroughly understand economics, computer science an human psyche. #### Wishing best luck to Algorand . A wise project I wish the best for this great project. Very promising in tech and wisdom. Compare to other mainstream projects, this one is not leaded by self-egocentric CEO. Silvio really looks like a wise man that put his ego away. VERY mind seducing man. #### Why KYC is required for the auction, is there any compulsory law Great question but I think it won’t be answered. I’ve seen similar questions regarding KYC from several months ago, go unanswered still to this day. #### Why KYC is required for the auction, is there any compulsory law Maybe in future the tokens will be sold by algorand’ subsidiary? Algorand Cayman SEZC , a Cayman Islands subsidiary of Algorand, Inc., is the sole owner of all tokens held by any of Algorand, Inc. or its subsidiaries. as said in [Transparency Report](/content/resources/blog/algorand-transparency-report-january-9-2020/index.html) #### Why KYC is required for the auction, is there any compulsory law These transparency reports are rather “Obfuscation reports”. How did Cayman SEZC acquire the 2 Billion Algos? At what price? How will the 10% price decrease compensation mechanism operate? More and more questions… There is a comment at the end of the report, where it is suggested that some insiders… #### why KYC is required for the auction? is there anything compulsory. Less buyers means less popular. We do not know why it limits too much.