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Algorand Foundation Announces A Partnership With Climate Ride

Twitter icon  •  Published för 4 år sedan on April 15, 2022  •  Hassan Maishera

In a tweet on Thursday, the Algorand Foundation announced that it had partnered with Climate Ride.

Algorand Foundation Announces A Partnership With Climate Ride

In a tweet on Thursday, the Algorand Foundation announced that it had partnered with Climate Ride, a community of adventurers dedicated to protecting the planet. The Algorand Foundation said it is committing $15M over five years to Climate Ride and contributing $500K annually for program expansion. 

Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”. As such, Algorand ensures "full participation, protection and speed within a truly decentralized network".

ALGO is trading at $0.7352 at press time, down by more than 2% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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