Top Smart Contract Altcoin Sees 50% Price Spike After Announcing Partnership With Artificial Intelligence Firm

Top Smart Contract Altcoin Sees 50% Price Spike After Announcing Partnership With Artificial Intelligence Firm


The price of decentralized blockchain network Algorand (ALGO) surged after the announcement of a new strategic partnership with a real estate firm powered by artificial intelligence.

In a press release, the Algorand Foundation says it’s joining forces with Lofty AI to create a marketplace for investment in tokenized real estate.

According to the announcement,

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“Lofty AI enables people to invest in fractions of investment properties via the Algorand blockchain for as little as $50… Every property has been vetted by the Lofty AI proprietary AI algorithm and their boots-on-the-ground acquisition teams.

Lofty AI tokens are 100% liquid and can be sold anytime for no fees or penalties. Investors receive daily rental income starting on the first day they invest and tokens appreciate in value on

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