Algorand ICO

The Algorand Foundation use an auction mechanism to distribute algos to registered participants around the world who satisfy regulatory requirements. Auctions are conducted on the Algorand blockchain through a listing partner.

For the first auction, 25 million Algos will be available at a starting price of $10.00 USD and a reserve price of $0.10 USD.Participants may return their Algos back to the foundation one-year post-purchase at up to 90 percent of the value paid.

Auction supply (with up to 600 million algos auctioned per year).