Algorand Live Launch Announcement
We are extremely delighted to announce the coming launch of Sheesha Finance’s $SHEESHA token on the Algorand blockchain!
As originally promised to our dear community of $SHEESHA token hodlers, our goal is to truly be chain-agnostic and present on the best blockchains in crypto.
Read on to learn more about why we firmly believe in the Algorand blockchain and the promising, innovative projects building on it.
Why Launching on Algorand Is a Brilliant Move
Founded by the genius that is Silvio Micali and built by a team of some of the most brilliant minds in crypto, Algorand truly is the future of finance. The smart contract blockchain powers the convergence of DeFi and TradFi to build the technology needed for FutureFi.
Algorand’s technology provides a collection of high-performing Layer-1 blockchains that provide security, complete transaction finality, scalability, built-in privacy, Co-Chains, and advanced smart contracts that are required in a FutureFi world.
The blockchain firmly seeks to build the foundations for a society in which everyone can efficiently, transparently, and safely create and trades value.
Its continued technological development and innovation is focused on:
- Scalability and optimal performance
- Layer-2 smart contracts
- Providing public and private models
Overseen by the Algorand Foundation, the Algorand blockchain is an open platform for organizations and individuals to build on. This is evident from its ecosystem of more than 500 global organizations leveraging its technology. The ecosystem includes organizations from various niches, such as:
- Financial infrastructure
- University partners
- Technical infrastructure
- And various other stakeholders
A Word from Our Founder on the Algorand Launch
“Launching on Algorand is a brilliant step towards truly being a chain-agnostic DeFi staking platform accessible to all. Algorand has been growing at a fast pace with a diversified ecosystem of DeFi projects we can’t wait to explore and partner with. I am grateful to Silvio and his incredible team for creating a blockchain that is building the future of finance and I look forward to seeing Sheesha Finance grow on it.” — Sheesha Finance CEO, Saeed Al Darmaki
In the coming days and weeks, we will provide more information about our launch on Algorand. You will discover more about the Algorand blockchain, know what our token on it will be, and learn how you can earn token rewards from our future partners building on Algorand.
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