Nobody uses Algorand or tokenizes on it? Really? 🤯
Please take some time to DYOR. Happy to help if needed! 🙏
Just in terms of RWAs (since that seems to be your main focus),
$ALGO probably has one of the largest ranges of live use cases across any chain:
Fractional real estate with projects like
@lofty_ai,
@vestaequityvpm and
@reity ( $120M cumulative TVL, 50k cumulative investors!)
@exodus has been tokenizing
@NYSE-listed shares on Algorand since 2021 (real shares, not synthetics)
$ALGO is currently the 4th largest chain in terms of on-chain stock value!
Global coffee giant
@lavazza uses
$ALGO to record MILLIONS of kgs of coffee harvest and supply chain data for one of its coffee ranges in Cuba! ☕️
Lots of carbon credit marketplaces like
@ClimateTrade,
@urecaofficial or even
@1to3carbon, actively used by giant transport/industrial companies!
@wtrtoken tokenizes MILLIONS of m3 of reused water on Algorand through water credits, working with public enterprises and governments across 4 countries!
You also have
@EnelGroup, one of the world's largest electricity providers, actively using
@Algorand to tokenize renewable energy assets for the Ebitts app (solar panels and wind turbines)
@ScuderiaFerrari is also launching next year the Ferrari 499P token on Algorand for its top clients!
You have millions of $ worth of music catalogs tokenized via
@anotemusic, allowing 30k investors to earn music royalties!
Also precious metals on chain with
@meldgold, or plenty of stablecoins like
$USDC,
$HAFN,
$EURD etc, (basically $100M in stablecoin on-chain)
Millions of dollars worth of tokenized agricultural fields via
@Landtoken_io, with harvests helping feed thousands of real consumers!
@theworldchess, the official
@FIDE_chess online platform, also uses Algorand to record rated matches for thousands of players!
You can also find dozens of brands actively using Algorand to tokenize thousands of REAL products, from clothes and shoes to furniture through
@EZLab_solutions, as well as medical data recorded by LabTrace, etc etc!
And that's without even mentioning projects like
@HesabPay_, built on Algorand, supported by
@UNDP, used by hundreds of thousands of non-web3 users, and settling roughly 1/3 of ALL electricity bills in Afghanistan on Algorand!
And these are just a few examples, actually there is SO much for anyone willing to take a bit of time to research Algorand! 🫡
Please, don't rely exclusively on DefiLlama!
And feel free to explore the ecosystem too, there's a HUGE amount of amazing projects beyond RWAs as well!