Cypher: An Ultra Rare, High Utility NFT

Algorithm
3 min readDec 7, 2021

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Algorithm: More Than An Ecosystem Builder

Developing the Algorithm platform consisted of deep market research, effective design implementation, and ultimate functionality in order to allow community members and users worthwhile opportunities to successfully utilize our product to its highest degree and potential. As we focus on the necessary buildout of the Algorand ecosystem while incubating meaningful crypto startups, we realize that our products and services must constantly develop and revolutionize what the crypto space has to offer to its participants.

With this in mind we are very excited to share that Algorithm has created its very own collection of ultra-rare and highly valuable NFTs to be released Q1 of 2022. Being the ultimate ecosystem builder that Algorithm is, we provide our community ultimate NFT utility.

Introducing the Algorithm NFT: Cypher

NFT markets continue to skyrocket as they transcend into the metaverse. Through effective research and development, our founders are constantly seeking out new initiatives to share with the Algorand X Algorithm ecosystem. The Cypher NFT is the first of its kind token introduced from a platform such as Algorithm Finance.

Throughout our buildout progression we realized that the creation of a simple NFT with eye-pleasing artwork simply isn’t worthwhile; nor is it fair to expose community members to something below average, or even worse, without any real utility. For the lucky few who obtain Cypher, ultimate utility will come to fruition immediately, changing the crypto space forever as Algorithm begins to set the new official standard for products and services that a project should be incorporating into its form and function.

Cypher Details

What is Cypher?

  • Presented and released in the form of a mystery box, Cypher recipients will obtain their individual box and open it to find the actual Cypher NFT, including its value and utility

Total supply:

  • 1,000 NFTs

How to obtain:

  • To further build out the Algorand ecosystem, we are launching an impressive Gleam campaign. Individuals interested in obtaining a limited NFT will partake in tasks such as tweeting about Algorithm, engaging within Telegram groups, inviting friends, etc. Through a monitoring process, top active participants will be whitelisted to be randomly selected to obtain Cypher

The price of Cypher:

  • We are listing our NFT to be sold for $600 USDT

How does owning Cypher benefit the user?

  • As we approach our release date we will be engaging with the community to provide further clarity on the utility behind Cypher. We will also create an in depth video that will be sent out to each NFT recipient so that they can fully understand how to utilize Cypher.

Closing Remarks

Through the successful incorporation of our flagship Cypher NFT, the Algorand ecosystem will immediately witness great community engagement. Minting Cypher will prove to create favorable market conditions for Algorithm while solidifying our platform even further. We are very much looking forward to releasing Cypher in the new year and sharing it with our dedicated and supportive community from all over the world.

Follow our journey for important announcements and vital updates as well as a more in depth explanation into Cypher.

We’re onboarding, and you do not want to miss this Algorithm train to FutureFi!

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Algorithm

The premier ecosystem builder incubating cutting edge crypto projects all while housed on the highly regarded Algorand blockchain. Website: Algorithmfinance.com