Algorand, The Foundation, and the complete lack of adoption

who would manage it, they would rather spend the money on Climate Ride then hire community manager to boost the loyalty and confidence of holders

its the bear market and prices are falling which is reasonable, but with the money they are spending we are getting no adoption. the Foundation is hurting Algorand instead of promoting adoption. its a pity the community has no voice on anything part from choosing pre-determined A or B in governance…

Does the Foundation / Inc (apart from the tech team), address any of the issues concerning adoption, sponsorships, accountability, runway etc.? Or is the “Forum” just another echo chamber set up that is a one sided post amongst tokenholders? How does one get any response from any of the management …

thanks for the update Scholtz, good to know they still have a shred of decency to address some dev related issues and conveniently ignore questions on budget, runway, marketing, KPI, sponsorships etc.

@scholtz you have been contributing here for a long time, has there ever been a time when management contacted you or decided to discuss with the community openly about non-technical issues raised? the Foundation / Inc is centralized and they obviously have no performance review or incentives to ex…

AlgoFi and other DeFi protocols that have helped the ecosystem just had their Aeneas Rewards discontinued. How will the allocating 70MM to DeFi benefit these projects? Will the allocation be voted by the Governors or is it something that the Foundation will allocate like it has done in the past?

What is a false narrative? that it hasn’t been implemented? it is false when they actually implement it just like the 46k TPS that Silvio promised last year. If you are seriously asking what the Foundation can do better:

• be more transparent on the budget
• what is the KPI for the sponsorship and …

this is exactly the laidback mentality thats been handed to the team, TPS upgrade took 3 years and from 1k to 6k (not the 46k TPS Silvio targeted 18 months ago), there was no CBDC despite throwing millions at it for years, the team can’t even get USDCa on Binance and other major exchanges.

xGov was a joke, we are lucky they implemented Gov #4 so quickly.

“there should also be mechanisms to clean up the blockchain from dead assets, transactions, etc.” all of this really boils down to the incentive structure for nodes (especially relay nodes). there is only 1 blockchain to date that claims to have solved this incentive structure saito.io

waste another 3 months and another voting session? things are already not being implemented and tardiness will indicate the Foundation and drag their feet with implementation. they have already achieved very little on promised TPS upgrade and CBDC implementation. all they have done is sell AL…

well after 3 years they finally decide to boot out 2 CEOs and 1 head of marketing. i guess it is better than nothing but goes to show the team is so slow to react and only concentrate on tech development and institutional adoption (which is close to nothing). if they have the budget to last through…

we cannot get our hopes up with marketing, if the Algorand team takes the initiative to market this is a bonus. look at SailGP, DRL, Envision, Times Square, Women Soccer as examples, right after giving away money the Algorand marketing team put out posts in the following days and subsequent to that…

governance so far have yielded zero results and implementation. governance is only for show to the regulators the decision-making process is decentralized when we all know all the decisions are done behind the scenes. even the governors' votes do not get implemented. it is important to implement governance.