Algorand, together with our community is building a trusted, public and permissionless infrastructure for the borderless economy. In support of our mission, we are launching 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. These will empower innovation and development supporting the growth of a vibrant, diverse and thriving Algorand ecosystem.
The Algorand Foundation supports research on a wide spectrum of domains related to blockchains, cryptocurrencies, token economics, computer science such as distributed systems, cryptography, programming languages, and developing disciplines such as AI.
The Algorand Foundation funds the creation of tools to support the development of the Algorand blockchain. This will form the foundation from which the network and ecosystem can grow, thus making Algorand network easily accessible to developers and system builders.
Initial priorities include development areas such as applications, utilities, monitoring, tooling, deployment and libraries, but we are open to other areas of innovation around the Algorand blockchain. Focus areas include but are not limited to User-onboarding tools, IDE integration for ASC, Asset creation and manipulation, Compilation to TEAL, TEAL analysis and formal proofs.
The Algorand Foundation issues grants to projects building and deploying applications targeting a variety of real-world use-cases and demonstrating high potentials for driving mainstream adoption and enabling borderless economy.
The Algorand blockchain is scalable, efficient, final, and safely programmable. These technical features make Algorand the natural network to develop real business applications that deliver value creation, mass adoption and disruptive economic and business innovations.
These are a few examples, but again, we are open to other applications and innovative use cases: DeFi or Open Finance, Payments, Asset exchanges, Social media, Supply chain, Copyright authentication, Asset tokenization and Global Information Systems.
The Algorand Foundation values community engagement. We currently support our advocates’ local engagement via the Algorand Ambassador Award Program.
To cultivate the growth of a diverse, vibrant Algorand community globally, the Foundation will also consider supporting community led initiatives, and, at a later time, introducing a community-based open grant program which gives the broader community the opportunity to vote on which projects should receive the grants.
Given the diverse nature of our community, we don’t believe there is a one-size-fit-all criteria for community engagements, and therefore would be open to engaging with our communities on a case by case basis to determine the merits for grant.
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.