My Algo Wallet is the latest recipient of Algorand Foundation Development Award

July 7th, 2020 - Since the Algorand Foundation launched its Development Awards Program last year, many developers around the world have been eager to participate. After thorough review and selection, we are delighted to announce that My Algo Ltd. has received a development award.

My Algo is an Algorand web wallet with a non-custodial and secure mechanism. It helps users interact directly with the Algorand blockchain while handling their own private keys by either storing them securely and encrypted in their local browser or by using a Ledger hardware wallet. Used and loved by many in the community, My Algo supports multiple wallets, ASAs such as USDt, and all three Algorand networks with several exciting features to come.

“My Algo wallet was built to enable everyone from unsophisticated newcomers to big enterprises to use and interact with the Algorand blockchain in a secure and intuitive way”  said Michel Dahdah, Founder and product lead of My Algo. “We have huge plans for My Algo. Having worked in the blockchain space for many years now, we know exactly what needs to be built to help everyone leverage Algorand’s full potential. Our goal is to support all forms of interactions with the Algorand network, regardless of how complex these might be, in an intuitive and customizable way”

Algorand Foundation is proud to support this project with funding through the Algorand Development Award program. For more information on My Algo wallet specifically, please visit https://myalgo.com. If you are interested in submitting a project for support from the Algorand Development Award fund, please apply here.