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SkyBridge Capital founder Anthony Scaramucci makes an important altcoin prediction. Anthony Scaramucci says that an Ethereum competitor is well equipped to power complex real-world use cases. Cryptocoin. com, we have compiled the details for you, let’s examine the subject together…

Anthony Scaramucci: Popular altcoin Algorand can breathe new life into the industry!

In a new interview with Real Vision, hedge fund veteran Anthony Scaramucci says the decentralized blockchain network Algorand (ALGO) can breathe new life into the consumer goods industry. Anthony Scaramucci made the following comments on the subject:

If you’re flying an American or Delta, you’re accumulating miles. You may or may not be using them. They are on Delta’s balance sheet marked as debt. And for whatever reason, you don’t use them but you can’t unlock them. What if we create a token that can withdraw those miles from your account in return for this token? At that time this money had a universality that you could buy anything. What would be the best Blockchain to use for something like this? I think it would be Algorand.

Anthony Scaramucci: These are the three big Blockchains that will design the future!

Last month, SkyBridge joined the NAX trading platform to establish a new company called UNLOX. Scaramucci said the new venture will work with ALGO as it invests in traditional financial services on the one hand, art and other alternative assets on the other. Anthony Scaramucci made the following comments on the subject:

We usually identify entities that are unlocked and unlock them. I said I wanted to raise a fund, an ALGO-based fund involved. We have raised $100 million so far, limiting the fund to $250 million. I have a Bitcoin (BTC) fund. I have an Ethereum (ETH) fund. And soon we will have an ALGO fund. And I think these are the three big Blockchains that will win and design the future.


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