Algorand (ticker symbol: ALGO) is upping its brand awareness game with Times Square ads.  LIVE in Times Square #NYC #EarthDay2022 #greencrypto pic.twitter.com/R5eI3cklhZ — Algorand (@Algorand) April 22, 2022 Following up on their successful Times Square neon green ad last week, Algorand blacked out the iconic NYC tourist attraction. The dark theme was in honor of […] The post Algorand Blacks Out Times Square For Earth Day appeared first on CryptosRus.

Algorand Blacks Out Times Square For Earth Day

Algorand (ticker symbol: ALGO) is upping its brand awareness game with Times Square ads. 

Following up on their successful Times Square neon green ad last week, Algorand blacked out the iconic NYC tourist attraction. The dark theme was in honor of Earth Day, a yearly environmental awareness day.

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  • “Today, we unplug, celebrate the Earthand take a moment to reflect on where we are going. Tomorrow, we continue to work together to build a greener future using modern, energy-efficient technology,” Algorand said via Twitter. 
  • The ad is bringing awareness not only to Algorand but to crypto’s energy-efficient elements. The bad press that Bitcoin and Ethereum’s energy consumption receives has given normies the impression that all crypto is environmentally unfriendly.
  • In a deft move — contrasting the Bitcoin uses as much energy as [insert country here], Algorand pointed out on Twitter that, “Darkening @TimesSquareNYC, which is progressive in energy use, for 1 hour is roughly equivalent to the energy required to complete 350MILLION transactions on Algorand vs 6 transactions on 1st gen blockchain,” 
  • Algorand prides itself on being an energy-efficient and scalable alternative to Ethereum. Recently, ALGO’s founder Silvio Micali discussed how his state proof-based chain plans on increasing its speed. 
  • ALGO is down 5% in the last 24 hours, and trading in the $0.71 cent range as of press time. Though, it’s drop is line with the rest of crypto. Both Bitcoin and Ethereum are down 6 percent in the last 24 hours.
  • Recently appointed CEO Staci Warden, and Head of Marketing Keli Callaghan, were in attendance.

 

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