Looks like Facebook have tried to acquire Algorand, this speaks volumes about the its technology.
https://www.ft.com/content/f5db08fa-91e5-11e9-aea1-2b1d33ac3271
"As Facebook searched for blockchain technology in the first half of last year, it approached start-ups including Algorand about potential acquisitions, according to two people familiar with the discussions. But the takeover talks fell through, in part because of disagreements about how much control Facebook would exert and how decentralised Libra would be."
https://www.ccn.com/facebooks-crypto-shopping-spree-isnt-over-yet/
