➡️ Half a billion people worldwide could use
#Algorand by 2026.
Does that sound crazy to you? Let's take a look:
👉 TravelX: No need to present
@travelx__ anymore, I guess - the first company specializing in the tokenization of airline tickets as NFTs on
#Algorand.
They help airlines reduce their costs, facilitate their inventory management thanks to blockchain technology, generate additional income through the sale of
#NFTickets on the secondary market, while offering their passengers total flexibility without even needing for them to understand how it all works - the technology behind is completely invisible for users.
TravelX is in talks with more than 100 airlines around the world (US, Asia, Europe, Middle East) and already collaborates with 2 airlines:
@flybondioficial - an Argentinian low cost airline, and since last December with
@VivaAerobus, the second largest airline in Mexico in terms of passengers. This means that all their plane tickets are now fully minted on Algorand as
#NFTs !
In a recent podcast video from
@TheNextBlock, TravelX CEO
@JuanPLafosse, declared that TravelX aims to reach 2 to 3% of the global aviation market (4.5 billion passengers per year) before the end of 2024, which represents more than 100 million travelers !
So, imagine by 2026 how many travelers will be using
$ALGO without even being aware of it. As Juan Pablo said, all the biggest airlines will sooner or later end up using NFTickets, it's a no-brainer.
👉 India MAPay:
#Algorand is one of the most active blockchains/DLTs in India - the leading country in crypto adoption - with a ton of strategic partnerships in many sectors like education, government, startup incubation hubs (
@THubHyd), with also many organizations (
@nasscom,
@TiEBangalore,
@MannDeshiOrg...) and even a dedicated local branch with
@Algo_Bharat !
Besides all this, there is also
@mapaycorp, a global healthcare fintech company using Algorand technology, which announced at the end of 2022 its partnership with the government of Maharashtra - the second most populated province in India, including Mumbai - to create the first 100 million NFTs for digital health records, storing personal health data on
$ALGO for its residents !
👉
$EURD: It’s a real digital and programmable EURO, fully compliant with MiCAR (not a stablecoin but an EMT, meaning its price is not subject to volatility) based on
#Algorand and issued by
@Quantoz, fully regulated by the Dutch Central Bank.
Yes, after a long and careful process, a European central bank has determined that Algorand meets all the requirements to support the issuance of a regulated digital EURO on-chain.
$EURD is now available and legally usable in 30 European countries, with a user base of 750 million residents. It's a game changer, especially for micro-payments.
👉 HesabPay:
@hesabPay_ is a mobile e-payment app built on
#Algorand and is already being used by over 500,000 people in Afghanistan.
In collaboration with
@WFP for humanitarian aid, its user base in Central Asia is growing quickly day by day.
With almost 2 billion people worldwide currently unbanked, while the majority of them having a smartphone, HesabPay is undoubtedly the solution for these people to access services from which they were previously excluded and to gain autonomy.
👉 FIFA: It's probably still the most significant blockchain partnership to date. In May 2022, after meticulously doing its own research,
@FIFAcom selected
@Algorand to be its exclusive blockchain and official technical partner.
This is a long-term partnership and I can't stop thinking that, with the upcoming 2026 football World Cup in the US/Canada/Mexico, Algorand could be used as a solution for ticketing for millions of spectators....
Not to mention, FIFA is developing its own football video game following the end of its partnership with EA Sports, where blockchain technology could probably play a key role (NFTs for FUT, etc).
👉 Napster:
@napster is still one of the main music streaming platforms in the world today, with 5M paying subscribers, behind giants like Spotify or Apple Music, and even has the largest music catalog ( 110M songs) !
In 2022,
@Algorand and
@HivemindCap acquired Napster to revolutionize the music industry through
#Web3 and blockchain technology.
Napster 3.0, which will use Algorand, has the opportunity to make a huge impact in the coming years by becoming the first music streaming platform to onboard its millions subscribers into Web3 !
Exciting times lie ahead ! 🎵
Algorand being fit for purpose, there are, obviously, so many more reasons to believe that millions of people around the world will be using Algorand by 2026, often without even knowing it.
The main goal of Algorand is to be invisible!
If we aim for mass adoption of blockchain/Web3, it's imperative to minimize friction for "ordinary" users... and what I like is that
#Algorand and all the projects building on it are moving in this direction.
I could also mention
@DroneRaceLeague, which will release the biggest blockchain game built on
$ALGO for its tens of millions of fans,
@anotemusic, the largest European music royalties marketplace with already tens of thousands investors,
@lofty_ai, one of the leaders in real estate tokenization,
@agrotoken for millions of farmers,
@neomoonapp for providing banking services for potentially more than 200M people, and many others projects like
@n1uapp,
@FlexID_Official,
@aidtechnology,
@ibfnet, @algorandFAME,
@PlanetWatchsas etc etc.
So many projects and people already taking advantage of Algorand's unmatched performance and security (instant transaction finality, no forks...), and with the release of AlgoKit 2.0 and the possibility for any developer to write smart contracts in pure Python, it's going to be incredible !
The question is: are you ready
#algofam ?
Feel free to give your opinion in comments ! 👇