- Algorand made fun of it rival new AD Highturn on the lights Payment Efficiency.
- light-hearted person AD keep playing rival chain‘ weak points.
- Algorand Own disadvantage.
Cryptocurrency TV ads are making a comeback after being noticeably absent from this year’s Super Bowl. Some may consider this a coincidence, while others may attribute it to bullish sentiments following Bitcoin’s new all-time high of $74,000 in March. Whatever the reason, cryptocurrencies have returned to the airwaves with renewed vigor.
Kicking off the push was Coinbase’s pizza-themed campaign that began promoting the Bitcoin halving in April. But Algorand has taken Coinbase to the next level with a bold new promotion that mocks the shortcomings of Bitcoin, Ethereum, and Solana as payment methods, with SkyBridge Capital founder Anthony Scaramucci also joining in. I got them involved.
Algorand Rags takes on its rivals
Algorand’s new TV ad mocks Bitcoin’s slow confirmation times, Ethereum’s high gas fees, and Solana’s network instability, portraying these shortcomings as unacceptable when purchasing groceries in the real world.
The ad humorously depicts a group of hapless shoppers struggling to pay for their groceries. Unlucky souls using BTC have to wait awkwardly for almost 30 minutes for final confirmation. Ethereum users were shocked when gas fees turned small purchases into huge amounts. And don’t forget Solana holders who keep trying to tap but never get verified.
In contrast, Algorand employees walk through the checkout line with ease. As they speed through, a bewildered Scaramucci wanders around and asks, โHow do I get in that line?โ
While the cheeky ad humorously mocks Algorand’s blockchain competitors, the reaction from the cryptocurrency community was decidedly mixed.
one reverse
The blatant ad received mixed reactions from the cryptocurrency community. Some, including influencer artchick.eth, praised the ad, tweeting that it was persuasive enough to convince her to stack her ALGO.
Likewise, David Gokhstein, founder of Gokhshtein Media, who knows a thing or two about marketing effectiveness, said, โ@AlgoFoundation is finally starting to market their product right.โ
However, Mert Mumtaz, CEO of Solana ecosystem developer Helius Labs, turned the situation around for Algorand, highlighting the surge in explorers of the recently closed Algorand blockchain, saying that advertising spending will continue to support the ecosystem infrastructure. He said it could have been better used to maintain it. Mumtaz also gutted Algorand’s “centralized relayer” and its modest “10tps” processing speed.
Algorand Advocate โลlex | france.algoโ explained that the hostility toward the ad was due to internal conflicts between ETH and SOL as โa huge barrier that would delay mass adoption and drive away many potential users,โ and that the anger displayed was directed at defending a flawed technology. He added that it was a sign of the โanxietyโ he was feeling.
On the flipside
- relevant AD It may not necessarily translate into reality.world quantum and usage to Algorand network.
- 89% ~ Of know investor Currently in hand price.
Why This Matters
This provocative advertising campaign highlights how fierce the competition between Layer 1 has become. Mocking a competitor may get immediate attention, but Algorand has its own problems that need to be addressed.
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