August 2019 200 Million Algo Staking Rewards Program required KYC process and the deadline to comply has been extended from October 10, 2019 to February 10, 2020. Participants should read and take action as appropriate.
The foundation has completed the processing of the optional early redemption: Of the 25 million Algos auctioned on June 19, 2019, about 19.9 million Algos (or 79.7%) were voluntarily rendered for early redemption.
By Massimo Morini, Economic Advisory Committee, Algorand Foundation
In the spirit of transparent communication regarding ongoing ideas and proposals, Massimo Morini of the Economic Advisory Committee shares preliminary guidelines for Economic Improvement Proposals from the Algorand Community.
The Algorand Foundation is excited to announce its partnership with New Profit to further opportunities for blockchain applications for social impact organizations and initiatives that are creating equity and opportunity in America.
As we previously shared, the Algorand Foundation has put in place safekeeping measures to ensure that we are able to fulfill our refund commitments to our auction participants under the terms of the Auctions.