2020 Grant Award Recipients

Algo Grants Program:

Algorand, together with our community is building a trusted, public and permissionless infrastructure for the borderless economy. In support of our mission, we launched a 250 million Algo Grants Program. This multi-year Grants Program offers various funding level opportunities across application development, tools & infrastructure, research, and education & community. A list of the 2020 Algo Grants Program Award recipients to date include;

  • Props Project - Applications Grant: User reward platform for multiple social media applications, migrating users and reward transactions from a sidechain over to Algorand.
  • Bloq - Infrastructure Grant: A multi-blockchain infrastructure provider, delivering Algorand nodes and APIs alongside other major networks.
  • PureStake AlgoSigner - Infrastructure Grant: An open-source browser plug-in that enables developers to add Algorand transaction capabilities into their applications while allowing users to keep control of their keys.
  • Reach - Research Grant: A development platform designed to remove the complexity of building dApps on the Algorand blockchain and to enable the future creation of DAOs, Decentralised Exchanges and many other DeFi Applications on Algorand. 
  • Circle USDC - Applications Grant: Integration of USDC on Algorand and the integration of algo-USDC in Circle's Business Account and Circle Platform Services APIs (payment, wallet, and marketplace)
  • Aikon - Infrastructure Grant: Integrate Algorand into their core service, ORE ID, which enables enterprise customers to easily adopt and migrate their existing users to the Algorand blockchain. Algorand plugin for ChainJS, which is an open source blockchain helper library that will make it simple for developers to migrate their existing Dapps to Algorand.
  • Runtime Verification Inc - Infrastructure Grant: Develop a formal semantic framework for Algorand’s advanced smart contracts using the K framework
  • Chainalysis - Infrastructure Grant: Chainalysis KYT (Know Your Transaction) for transaction monitoring and compliance processes and Chainalysis Reactor for enhanced due diligence and investigations for the ALGO, its native token. 
  • AssetBlock - Applications Grant:  Development of tokenized asset offerings and financial products. Developed for the Algorand ecosystem and, more broadly, the borderless economy, AssetBlock has already invested heavily in compliance and structure.
  • LongHash Ventures - Community Grant: Operating Algorand Asia Accelerator Program in collaboration with the Foundation and the Borderless Capital.
  • Eterna Capital - Community Grant: Operating Algorand Europe Accelerator Program in collaboration with the Foundation and the Borderless Capital.
  • Attestiv - Applications Grant: Integration of Algorand into the DLT-layer of the Attestiv platform.
  • Bountyblok - Applications Grant: Implementation of gaming mechanics into applications. Makes it easier for applications to acquire new customers and engage them through bountyblok’s incentivization and reward system.
  • Prysm - Research Grant: Mapping the Algorand economics and utilizing models to help future Algorand economic design and the optimal allocation of resources for ecosystem development. 
  • House of Crypto - Applications Grant: House Of Crypto is a tower base mobile multiplayer game. Players play for a specific house (representing a blockchain project) and learn about the specific house via the avatars, magics and can earn different things in the app (Watching videos, running nodes, etc.)
  • AlgoSwap - Development Tools & Infrastructure Grant: AlgoSwap will allow traders to exchange arbitrary fungible Algorand Standard Assets. Algoswap enables the Algorand ecosystem and network to grow providing a viable project related to smart contracts that will empower new developers as they learn to build DeFi apps on Algorand. 
  • Algorand IntelliJ - Development Tools & Infrastructure Grant: Provides end to end development support for TEAL scripting in Intellij IDE. utilizing asset creation via a front end, web enabled development process. Test account management, faucet integration, transaction signing, etc. directly from IDE. The project supports our ongoing commitment and support for developers who are looking to utilize a blockchain that is easy to build and develop on. 
  • Obsidian Labs - Development Tools & Infrastructure Grant: vscode extension. This grant awards Obsidian Labs to deploy a tool which has many features, better supporting developers looking to build on Algorand using Teal and PyTea smart contracts. 
  • Blockchain Acceleration Foundation - Research Grant: This grant is awarded to the University Coin Market Research project to research attitudes toward digital currencies and understand use cases for stablecoins within U.S. university campuses and their surrounding communities. The results of this study will inform the development and piloting of innovative Algorand-enabled campus payment technology.
  • Prof. Nicola Dimitri - The Economics of Algorand, Research Grant: The study of dynamics, in particular the long running behavior of the economy with PoS, combined with the Economics of Consensus in Algorand. Prof. Dimitri will provide advanced economic research on Algorand and Proof of Stake consensus. Prof. Dimitri is a highly regarded scholar having had his work published across relevant journals. 
  • Trust Graphic Novel - Education & Community Grant: Trust is a graphic novel that shares the transformative power of blockchain, to grow the global blockchain community in emerging economies and locations, where people’s lives will be most transformed by the impact of cryptocurrencies. Supporting this project shows the Algorand Foundation’s ongoing commitment to educating and advocating blockchain outside the Western Hemisphere, expanding the number of local developers and communities in these regions.
  • Scriptorium Printing Solutions PVT LTD - Applications Grant: Certificate fraud in India is on the rise due to the absence of a secure storage space and an easy source to verify the authenticity of certificates. This grant is awarded for the creation of a decentralized application (DApp) based on Algorand blockchain network which will facilitate a swift way for issuing and verifying certificates digitally. The award of this grant facilitates the development of another DApp in the ecosystem, one which will become a use case for the solution to a prevalent problem, certificate fraud in India.
  • RockX: Development Tools & Infrastructure Grant:  A web based IDE for Algorand with enhanced features including wallet functionality and integration with contract templates. RockX can execute smart contracts (ASC) and token (ASA) deployment processes via  Algorand’s blockchain without having to install any dependencies on their local system.  
  • TiE Atlanta Angels: Applications & Use Cases Grant - The TiE platform will be part of the securitize portal, to tokenize the private equity investments made byTiE. The grant award facilitates the tokenizing of private equities on Algorand, bringing more efficiency and flexibility to the portfolio management for a non-profit organisation and creates synergy with Algorand ecosystem partners, further maximising the network effect within the community.   
  • Liquidity Digital: Applications & Use Cases Grant -  A private capital centric blockchain-enabled marketplace  for deal origination, management, and distribution. Stakeholders have the ability to automate the issuance process, while also enabling the syndication of deals within a private, regulatory complaint ecosystem.
  • Imperial College London: Education & Community Grant - Our partnership with Imperial College will incorporate a startup competition focused on building decentralized applications on top of Algorand and will be coordinated by the College’s Centre for Cryptocurrency Research and Engineering.
  • Blockchain Italia Srl: Applications & Use Cases Grant - Dedit is a SaaS to easily notarize and tokenize files with SLA and OLA as a legaltech tool that offers timestamping, on-chain asset management, digital signatures and trust services.  Dedit-E gives users the ability to define and determine the amount as well as the type of their registrations according to their usage plan. 
  • AlgoSearch: Development Tools & Infrastructure Grant - AlgoSearch is the first decentralized open-source block explorer and analytics platform for Algorand, providing on-demand network insights, statistics, and detailed reporting. It is the only block explorer that can work on private networks. 
  • Algorand Builder: Development Tools & Infrastructure Grant - A suite of apps including REPL (console Read-Eval-Print-Loop) to quickly and easily interact with ASA’s and Smart Contracts. An Integrated testing framework, boilerplates, and documentation improvements.
  • Cudos: Development Tools & Infrastructure Grant - Algorand has partnered with Cudo and the CUDOS Validator Network to build services for the Algorand developer community to offer Turing complete compute. Developers building application services for specific blockchains will be able to consume Cudo Compute resources, with smart contracts pushing only the data that needs to be stored on-chain for immutability.
  • Mentat Innovations: Development Tools & Infrastructure Grant - Grant has been awarded to Mentat to develop an open-source SAP connector and Enablement API to the Algorand blockchain.
  • PlanetWatch: Applications & Use Cases Grant - Grant awarded to PlanetWatch for the development of a global air quality ledger, storing data gathered from air quality sensors onto the Algorand blockchain, and subsequently reward contributions to the ecosystem by distributing the PLANET token, a utility token, to sensor owners.
  • Uncommon Creative: Applications & Use Cases Grant - Uncommon Creative have been awarded a Foundation Grant to support them in their vision of a global future of digital agreements managed via Algorand Smart Contracts. Algorand is the perfect fit for implementing this use case because it provides the essential components needed for Uncommon Creative: the availability of smart contracts in layer 1, the creation of new asset classes and stablecoins, the scalability to a global ecosystem with a throughput of thousands of transactions per minute.

Algorand Development Awards Program:

The Algorand Development Awards Program is designed to support innovation that helps to grow the Algorand ecosystem. The Algorand Foundation is committed to supporting that community, as they explore the opportunities for innovation that exist within the Algorand Blockchain ecosystem. The Foundation is interested in development areas such as applications, utilities, monitoring, tooling, deployment and libraries but importantly, is open to any other areas of innovation around the Algorand blockchain. A list of the 2020 Development Award recipients to date include;

  • Riley Ge - Infrastructure Grant: Algorand SDK for .Net Framework to interact with the Algorand network
  • ProofBox - Applications Grant: A drag and drop interface to anchor any document on the blockchain utilizing Algorand SDK to hide all complexities and create a blockchain transaction in Algorand blockchain within seconds
  • PureStake GoalSeeker - Infrastructure Grant: Algorand block explorer that makes it easier than ever to view critical network statistics, browse recently created blocks, search for transactions and accounts in previous blocks, and review activity related to Algorand Standard Assets (ASAs).
  • FlexFnTx - Infrastructure Grant: “FlexID” is a self-sovereign decentralized identity platform. 
  • Jambb - Infrastructure Grant: “AssetSmith”, a development tool showcasing the speed and efficiency of the Algorand blockchain. It allows curious developers, from inside and outside the blockchain ecosystem, to create and send Algorand Standard Assets (ASAs) with zero blockchain experience.
  • Rand Labs - Infrastructure Grant: ‘My Algo Wallet’  is an Algorand web wallet with a non-custodial and secure mechanism.
  • Eastern Blu - Applications Grant: Music copyright & licensing registry, a blockchain platform that transforms the music entertainment industry into a radically transparent, more equitable ecosystem. It connects stakeholders across the industry and unlocks new value and profit for the entire value chain.
  • Alessandro Viganò - Infrastructure Grant: Dart SDK is an open source flutter wallet written in DART with Manta protocol integration (appia.co) 
  • Shiva Prasad AlgoDesk.io - Infrastructure Grant: Open-source and developer-friendly web-based tools to build decentralized apps and smart contracts on Algorand network. An asset management portal and a Web IDE for TEAL smart contracts.