Algorand Standard Asset
A built-in mechanism that allows anyone to create and issue new tokens (like stablecoins, utility tokens, or NFTs) directly on Algorand's base layer, inheriting the same speed and security as the ALGO token.
Also known as ASA · Algorand Standard Asset
Related stories
- ARC-89 metadata SDK is ready on Testnet, with the MainNet registry still TBD The Algorand Foundation's TypeScript SDK for ARC-89 stores asset descriptions in a registry app's box storage instead of an off-chain file. It works on Testnet, where the registry held 20 records as of October 27; the spec's MainNet deployment entry still reads TBD.
- Myth Finance's alcALGO pays Algorand staking yield in a game token alcALGO stakes ALGO in Algorand consensus and pays the rewards in Algo Leagues' game token, ALC, with fees taken from the yield, not the deposit. Holders mint with ALGO plus ALC and redeem for the same ALGO with more ALC. The pool's stake sits close to the minimum at which Algorand pays rewards.
- Algorand's Smart ASA v2 moves a token's freeze to a place its holder cannot clear ARC-20 puts an Algorand token's rules in a smart contract. Its v2.0.0 reference implementation, out October 23, keeps account freezes in boxes the contract owns, cutting a holder's locked balance to 0.1 ALGO. The release says the code is unaudited and not upgradable.
- How Algorand Users, Node Runners and Developers Can Back the Quantum Pitch Algorand's CEO argues banks cannot settle long-lived assets on breakable cryptography. The case needs consumer quantum accounts, distributed nodes and builders; Pera can open one now, though tooling is uneven and a Falcon-signed transaction's minimum fee is 3,000 microALGO.
- Lute is a free Algorand browser wallet, one of five the Foundation recommends Lute is a free Algorand wallet that runs in a browser tab or a Chrome extension, with keys kept on the device and no sign-up. The Algorand Foundation lists it among five wallets for newcomers. One developer builds it. Its gold theme needs a Lutier token.
- Enel's ebitts sells tokens tied to two power plants' output, credited on your bill Enel's ebitts sells Token Boxes: Algorand tokens tied to the output of two real Italian renewable plants, credited hour by hour against a household's electricity bill. The supply caps are public; the operator still holds nearly all of both tokens.
- Derova.algo's dashboard tracks one Algorand node's pending pool and the next state proof Derova.algo's free dashboard shows one Algorand node's pending transaction pool live, plus the last 20 blocks, node health and a countdown to the network's next state proof. No wallet needed — but the pool count is one node's view, not the network's.
- Meld Gold Retires MCAU and MCAG; GOLD$ Still Trades on Algorand DEXs Meld Gold sells Algorand tokens backed one-for-one by a gram of vaulted metal. GOLD$ and SILVER$ trade on Tinyman, the retired MCAU and MCAG have passed their final withdrawal window, and redemption runs through a bullion partner by quote.
- AlgoChess settles staked chess games in ALGO on mainnet ahead of Sept. 20 token mine AlgoChess is a browser chess site on Algorand MainNet where two players — or one player and Stockfish — stake ALGO that a contract pays to the winner. Its 20-million CHESS token, mined only by winning, opens 20 September with no sale and no premine.
- Algorand team GoPlausible donates universal DID resolver to standards body DIF GoPlausible built thisDID, a universal resolver that turns any W3C decentralized identifier into one conformant document, and donated it to the Decentralized Identity Foundation. Algorand's did:algo and did:nfd get an Algorand-native first hop. It is live; traffic is modest.
- Kaafila promised free courses for 100 million users — five years on, none have shipped Kaafila launched an Algorand token in 2021 to fund free education for 100 million users. Five years on, its courses are unshipped, its DEX pool holds about $30, and its own status reads 'Prototype/MVP.'
- Algorand's NFT marketplace field shrinks to three venues after RandGallery freezes After RandGallery wound down, Downbad, Dartroom and AlgoSeas remain active Algorand NFT marketplaces; Shufl, ALGOxNFT and EXA Market are defunct. This guide covers ARC standards, fees, and self-custody.