Algorand

Algorand

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Category: L1

Algorand Foundation


The Algorand Foundation is dedicated to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized and transparent governance, and a healthy and prosperous ecosystem. As a community-focused organization built on open-source and permissionless innovation, its mission is to foster a vibrant and inclusive ecosystem. The Foundation empowers developers, entrepreneurs, and users to build and thrive on the Algorand blockchain by providing a wide range of support, including grants, technical resources, and community-building initiatives, with the ultimate goal of creating a new, borderless economy.

Algorand


Algorand is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low fees. Learn who is building on blockchain, what tech stacks are being improved by it, and how people worldwide are taking control of their financial futures with decentralized, on-chain applications. From DeFi to identity credentials to supply chain traceability, Algorand can.

Funding Rounds

Funding Round: ICO
Funding Date: 19 Jun, 2019
Raised Amount: $60M

Funding Round: Unknown
Funding Date: 24 Oct, 2018
Raised Amount: $62M

Funding Round: Seed
Funding Date: 15 Feb, 2018
Raised Amount: $4M

Investors