Blockchain

Story: Create an NFT on Algorand (ALGO) with just one Transaction and AI Service on Algorand

By Dan Saada

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Algorand supports the creation of fractional NFTs using Algorand Standard Assets (ASAs). ASA is a layer 1 primitive makes creation of NFTs possible in just a few seconds.

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It is easy to mint NFTs and to further integrate royalty points by making use of Algorand’s Layer-1 features. Thus, NFTs can be efficiently used to reward creators.

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NFTs in Algorand are a different breed. It just takes for the NFT hype to come back and the rest will be glorious.

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Several organizations from different sectors like fintechs, startups, financial services, institutions, and DeFi are currently building on Algorand.

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The use cases range measure anywhere from Infrastructure, Securities, Supply Chain, Identity, and Government public sector, Insurance, Environmental, Gaming, DeFi, Financial…

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Algorand is the World’s first open source, permissionless, pure PoS blockchain protocol designed for the future of finance.

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Online Style Transfer, is the first integrated AI Service where users can create amazing images from any photo.

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Users can now keep the same “base” profile photo on each social media, but with different styles!

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In order to call the service and get amazing stylized images, users will need to install the PureStake AlgoSigner Extension with the Add-On in the browser.

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The Algorand Foundation are working with leading research websites to improve the accuracy and timeliness of their circulating and reported supply metrics for the Algo.

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There are hundreds of organizations who are building their businesses on Algorand and the tech there continues to break down barriers towards real-world adoption.

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Sean Lee, CEO of Algorand in the past expressed:  “There is no legacy technology or system, there is only legacy thinking" @ DevOps & Agile Summit of a leading world bank.

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Algorand is building the technology to power the Future of Finance (FutureFi).  They are building decentralized models that are inclusive, frictionless, and secure providing…

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Reportedly, they are the technology of choice for more than 500 global organizations.  Algorand is making possible the simple creation of next-generation financial products,…

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