Algorand Foundation

Building trusted infrastructure for the borderless economy.

Our mission

The Algorand Foundation is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open source software, which was initially designed by Silvio Micali and a team of leading scientists. With core beliefs in the establishment of an open, public and permissionless blockchain, the Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone to harness the potential of an equitable and truly borderless economy.

Oct 03, 2019

Early Redemption Complete: Redeemed Tokens Permanently Removed from Circulating Supply

Sep 30, 2019

Vote Results: Relay Node Runners Suspension of Daily Rewards for 30 Days

Sep 27, 2019

Happening Now: Relay Node Runners Voting to Suspend Daily Rewards

Jul 30, 2019

Promoting an Economic Equilibrium in the Algorand Ecosystem 

Our Team

Team

In its role to govern and conduct research for the trusted infrastructure for the borderless economy, Algorand Foundation has a team of renowned blockchain experts, researchers, and leaders.
Token Dynamics

Token Dynamics

The Algorand Foundation has a unique approach to token dynamics when it comes to distribution, participation, fairness, and rewards.
Algo Auctions

Algo Auctions

A key role of the Algorand Foundation is the distribution of algos, the token of the Algorand platform. In addition to using a Dutch Auction mechanism to achieve fairness, the Algorand Foundation is also pleased to offer a refund policy for auction participants.
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Governance

To encourage innovation, development, research and participation on the Algorand protocol, the Algorand Foundation is diligently working on fair and inclusive governance.