Algorand Foundation

Algorand Foundation was established by Turing Award-winning cryptographer Silvio Micali in 2019. It is a non-profit organization dedicated to advancing the Algorand blockchain ecosystem. Its mission is to foster and scale a borderless, decentralized, and inclusive global economy through Algorand blockchain solutions. The foundation aims to provide a robust developer environment, set technical standards, support essential infrastructure, empower entrepreneurs and builders, and facilitate decentralized governance. To achieve these goals, the Algorand Foundation engages in various activities, including offering developer education in universities and other educational institutions, sponsoring blockchain events, hackathons, educational classes, and certifications. It also launches accelerator programs to aid projects and developers in building on Algorand. The foundation invests in startups to help them refine and scale their solutions. Through these initiatives, the foundation plays a pivotal role in nurturing and expanding the Algorand ecosystem.