Algorand is a blockchain technology platform that provides a decentralized, scalable, and secure infrastructure for building decentralized applications and digital assets.
Each model independently rates Algorand on a 1–5 star scale.
Algorand is a well-known Layer-1 blockchain founded by MIT professor Silvio Micali. It has solid technology and institutional partnerships but faces competition and market volatility concerns typical of crypto projects.
Algorand is a reputable blockchain platform known for its decentralized, scalable, and secure infrastructure. It scores well in trust and regulation due to its strong technology and compliance focus, but support and reputation may vary based on user experiences.
Algorand is a well-regarded public blockchain protocol known for its academic foundation and scalability. While the protocol itself is transparent and robust, direct scores for regulation, trading, and support are limited as it's a foundational technology rather than a direct service provider.
Established L1 blockchain by Silvio Micali with strong tech, low fees, and good performance. Not a regulated financial entity; SEC has flagged ALGO in actions. Past wallet compromise (MyAlgo) and FTX exposure hurt sentiment, though developer/community support is solid.
Algorand is a legitimate, tech-focused blockchain project since 2019 with solid reputation in crypto, but decentralized nature limits traditional regulation, licensing and direct support structures.
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Algorand is rated 3.3 out of 5 (“Average”) on TrustRating, based on 5 independent AI model assessments. The TrustScore combines real customer reviews with AI models that independently assess trust, regulation, support and reputation signals. Always do your own research before making a purchase or investment.
TrustRating doesn't issue scam verdicts — we publish the data instead: Algorand scores 3.3 out of 5 (“Average”) based on 5 independent AI model assessments. Every review passes TrustGuard, our fraud-screening system that blocks fake and paid reviews, so the score reflects genuine customer experience. Read the most recent reviews below before you decide.
Algorand currently has a TrustScore of 3.3 out of 5 (“Average”). The score blends verified customer reviews with assessments from multiple independent AI models, and it updates automatically as new reviews and scans come in. You can read exactly how scores are computed on our methodology page.
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