News from the Algorand Foundation

March 5, 2021

HK Blockchain Developer Hackathon Recap: Leading the Future of Blockchain

By Algorand Foundation
Friday, March 5th, 2021 - Last week, Algorand Foundation, in collaboration with MIT Innovation Node, HashKey Group, and Cyberport, held this year’s first blockchain hackathon in Hong Kong. With challenges set across trade financing and real estate development, the hackathon kicked off on Friday and ran through the sleepless weekend, finishing up on Sunday, February 28th.
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February 24, 2021

Algorand and OpenDAO — Joining Forces

By Algorand Foundation
February 24th, 2021 - OpenDAO is happy to announce that they are welcoming Algorand into their DeFi family. Work has already begun on the process for creating the $wAlgoO stable coin with wAlgo as collateral!
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February 23, 2021

Annie Stacks, Inc. Secures Support from Algorand Foundation

By Algorand Foundation
Februrary 23, 2021, SEATTLE/SINGAPORE: The resource allocation and economic intelligence sharing platform focused on financial inclusion, Stacks.ai, developed by financial software technology company Annie Stacks, Inc., has been chosen by the Algorand Foundation, to receive its Developer Incentive Award. The recognition is conferred in support of their work in the Algorand ecosystem, an open, public and permissionless, Proof-of-Stake blockchain network.
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February 22, 2021

The First Public Chain-owned BSN Portal Launched by Algorand

By Algorand Foundation
22nd February 2021 - Back in September 2020, BSN (Blockchain-based Service Network) announced the integration of Algorand into its international portal for global outreach. Within the same month, Algorand has announced to join BSN’s Open Permissioned Blockchain project, leveraging the deep-rooted government resources of BSN in China.
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February 22, 2021

Update on Early Backer Accelerated Vesting

By Algorand Foundation
February 22nd, 2021 - Update on Early Backer Accelerated Vesting of Algorand. The vesting schedule agreed by members of the Early Backers program, EIP-11252019AF, contained a vesting acceleration mechanism, which, under certain market conditions, would accelerate the vesting of these tokens and bring forward the end date of the early backer program.This acceleration mechanism does not increase the fixed, total amount of tokens in the early backer program - it increases the daily vesting amount of those tokens. The Early Backer vesting program, without acceleration, would be completed in 2024.
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February 17, 2021

Update on Period 3 of 200M ALGO Staking Rewards Program

By Algorand Foundation
February 17th, 2020 - The Algorand Foundation would like to remind participants in the 200M Staking Rewards program that we are now approaching the distribution date of rewards period no. 3. To qualify for the distribution, accounts must maintain their program minimum balance up to and including round number 12330000, which will occur approximately on February 28th, 2021, 23:59 Singapore time.
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February 2, 2021

Algorand Europe Accelerator Names 11 Blockchain Startups in Inaugural Cohort

By Algorand Foundation
London - 02 February 2021 - Algorand Europe Accelerator announced today that it has launched its accelerator program for blockchain startups with the introduction of eleven high-growth startups. Powered by Algorand Foundation and global blockchain funds, Eterna Capital and Borderless Capital, the program will drive long-term adoption and growth of the Algorand ecosystem and accelerate the trajectory of startups creating valuable solutions spanning Payment, Lending, Infrastructure, IoT and Network-driven Platforms.
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February 2, 2021

Algorand & Hex Trust partner to support the banking sector’s adoption of digital assets

By Algorand Foundation
Hong Kong, 2rd February 2021, The Algorand Foundation has partnered with Hex Trust, the leading bank-grade digital asset custodian, to bring the Algo token and tokens built using the Algorand ASA standard onto the Hex Safe custody platform.
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February 1, 2021

Ditto Announces Opulous: A Decentralised Finance Solution for Artists

By Algorand Foundation
London, 1st February 2021: Ditto, the award-winning global music distribution and record label services company, which has processed more than $1 billion in royalties to date, has today announced Opulous: a pioneering peer-to-peer platform to help increase artists’ access to capital without the need for traditional institutions such as banks.
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January 21, 2021

Brixton Pound chooses the Algorand blockchain on which to develop a tokenized version of their innovative Complimentary Local Currency, the Brixton Pound.

By Algorand Foundation
The Algorand Foundation is delighted to announce that it has entered into a grant partnership with the Brixton Pound to support the development of a tokenized version of their innovative Complimentary Local Currency, called the Brixton Pound. The team at the Brixton Project chose the Algorand blockchain due to its unmatched speed, scale, security and, critically, finality.
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