News from the Algorand Foundation

July 29, 2021

Vendible receive Algorand Foundation Grant Award  

By Algorand Foundation
July 29th, 2021 - After thorough review and selection, we are delighted to announce Vendible is the latest recipient of an Algorand Foundation Grant. Vendible's grant award will focus on identity, the foundation for the Vendible architecture. Vendible will deliver a solution which includes a set of best practices for managing identity data, the masking of decentralized identities (DIDs), architecture and production of smart contracts which manage DIDs, production of a digital asset wallet which utilizes the smart contracts to pair DIDs with with addresses, and a front-facing application which will allow businesses or individuals the ability to verify their identity through a trusted third-party, produce a qualified DID, and link their encrypted identity to their wallet.
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July 28, 2021

Update on the Final Period of 200M ALGO Staking Rewards Program

By Algorand Foundation
July 28th, 2021 - The Algorand Foundation would like to remind participants in the 200M Staking Rewards program that we are now approaching the end of the program and the final distribution of rewards. To qualify for the distribution, accounts must maintain their program minimum balance until August 31, 2021, 23:59 Singapore time. The exact qualifying round until which the balance must be maintained will be announced no later than August 15, 2021.
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July 26, 2021

Draper University, Algorand Foundation and Borderless Capital launch Blockchain Accelerator Program

By Algorand Foundation
July 26th 2021 - Algorand is the next generation decentralized public blockchain network, enabling the transformative potential of blockchain technology to be used by mainstream applications securely, at global speed, and on a sustainable, carbon negative platform.
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July 20, 2021

Finstreet, an Indian Crypto Education Institute, is the latest recipient of an Algorand Foundation Grant

By Algorand Foundation
July 20th, 2021 - We are delighted to share that Finstreet is the latest recipient of an Algorand Foundation Grant. Algorand Foundation launched its multi year 250M Grant Program in April 2020, providing various funding level opportunities across application development, tools & infrastructure, research, and education & community in support of developers and innovators across the world, empowering innovation and development supporting the growth of a vibrant, diverse and thriving Algorand ecosystem. 
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July 20, 2021

Pilot Program Application Period Closes for Algorand Community Relay Node Running

By Algorand Foundation
20th July 2021 - Algorand, together with our community, is building a trusted, public and permissionless infrastructure for the borderless economy. In support of further decentralization of the Algorand ecosystem, we recently launched a pilot program for running relay nodes on the Algorand network. The purpose of this initiative is twofold: first to enable more parties to take an active role in our community and second, to increase the diversity and number of relay nodes, ensuring the continued health and operation of the network.
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July 8, 2021

Trust Transmedia Project Receives Algorand Foundation Grant Award

By Algorand Foundation
July 8th, 2021 -  Trust, a graphic novel and motion comic transmedia project, telling the story of a young Kenyan woman who learns about blockchain and uses it to transform her community, are the latest recipients of an Algorand Foundation grant award. 
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July 7, 2021

Community Governance Referendum Passes

By Algorand Foundation
July 7th 2021 - The Algorand Foundation is excited to update the community on the progress of the Community Governance referendum. The voting requirement for ratification of the referendum proposal was 90% network adoption. This >90% network adoption level was achieved just before the weekend (on network round 14769258) and the community governance proposal is now considered to have been ratified by the network. We’d like to thank all the node runners of the network for displaying their clear enthusiasm for Community Governance by ratifying the proposal so quickly.
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July 5, 2021

Blockchain for Social Good: Monash Launches First International Blockchain Hackathon

By Algorand Foundation
July 5th, 2021 - Aspiring blockchain developers from around the world will come together to apply cutting-edge blockchain technologies and develop innovative solutions that drive social good in a three-day hackathon. The international Monash Blockchain Hackathon is a joint initiative between the Blockchain Technology Centre in the Faculty of Information Technology (IT) at Monash University and the Algorand Foundation, a not-for-profit organisation that has a vision of a borderless, frictionless economy built on public, decentralized blockchain technology.
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July 1, 2021

Fortior partners with Algorand to Create AI-powered Governance Mechanisms and Financial Assets on the Algorand Blockchain

By Algorand Foundation
July 1st, 2021 - After thorough review and selection, we are delighted to announce that Fortior Blockchain is the latest Grant recipient. Fortior began as the winning submission at the 2021 MIT Bitcoin Expo Hackathon under the name Algorand Autonomous. Fortior Blockchain will deliver software that utilizes artificial intelligence and quantum computing to create governance mechanisms and volatility predictors on the Algorand Blockchain.
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June 30, 2021

Governance Program Referendum Period Commences

By Algorand Foundation
June 30th, 2021 - Today marks the beginning of the Governance program referendum period, where the Algorand network will decide on acceptance of the Algorand Foundations proposal for Decentralized Community Governance. The proposal is available in eleven languages at https://algorand.foundation/the-algo/algo-governance. This is a significant step in the path to decentralization of the Algorand network and even greater community involvement and decision making in the development of the Algorand network and its ecosystem.
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