NewsCurvegrid and Algorand Foundation partner to deliver NFT Bridge infrastructure

Curvegrid and Algorand Foundation partner to deliver NFT Bridge infrastructure

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Algorand Foundation

June 7st 2021 - Curvegrid is announcing today its partnership with the Algorand Foundation to bring Curvegrid’s MultiBaas NFT Bridge to the Algorand ecosystem. This will allow businesses to build NFT and blockchain technology seamlessly into their business and consumer mobile applications.

Curvegrid’s mission is to make blockchain invisible. The new and upgraded business models made possible with blockchain should work better than the status quo today, but the technical details should be as hidden from view as the computer networking complexities are from a modern mobile application.

Curvegrid chose the Algorand blockchain due to its innovative combination of high transaction speed, global scale and guaranteed finality, along with Algorand networks carbon neutral sustainability profile. In addition, Algorand’s Pure Proof-of-Stake protocol has the unique feature of guaranteed finality or put another way, no forking, ever.

“MultiBaas Bridge is unique in that it allows companies to integrate cross-chain digital asset capabilities directly into their NFT, DeFi, gaming, VR, or financial services applications,” said Jeff Wentworth, CEO of Curvegrid. “Bringing this capability to the Algorand ecosystem makes bringing complex decentralized applications to market that much simpler. Companies building on Algorand can realize its benefits for their customers, across chains, in a secure, fast, and cost effective manner.”

“We are delighted to partner with Curvegrid in bringing their innovative MultiBaas NFT bridge to the Algorand ecosystem,” said Sean Lee, CEO of the Algorand Foundation. “This is our first grant partnership with a Japanese company and we are thrilled to see the impact of this collaboration for our growing NFT ecosystem in Japan, Asia and beyond.”

Algorand Foundation is proud to support this project with funding through the Algorand Foundation Grant program. For more information on Curvegrid and the MultiBaas Bridge, please visit https://www.curvegrid.com/services/multibaas-bridge. If you are interested in submitting a project for support from the Algorand Foundation Grant program, please apply here.

About Curvegrid

Curvegrid is a blockchain technology company based in Tokyo, Japan. Curvegrid's MultiBaas blockchain middleware makes it fast, easy, and cost effective for companies to build on multiple blockchain platforms. Turnkey MultiBaas solutions are available for financial services, decentralized finance, online gaming, document management, logistics, and manufacturing that help companies get to market with blockchain faster than otherwise possible.

About Algorand Foundation

The Algorand Foundation is a not-for-profit organization that has a vision of a borderless, frictionless economy built on public, decentralized blockchain technology. The Foundation, in partnership with Algorand Inc, has built the Algorand blockchain protocol — initially designed by cryptography pioneer and Turing award winner Silvio Micali and a team of leading scientists — as the cornerstone of achieving this vision. The Foundation envisions a wide breadth of applications being built on this protocol by a new, wider community of mainstream developers. The Foundation is committed to facilitating this innovation in a sustainable and eco-friendly manner by utilizing the Proof of Stake consensus algorithm.

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