Algorand Foundation announces the launch of its SupaGrant

Twitter icon  •  Published il y a 2 ans  •  Hassan Maishera

The Algorand Foundation announced the launch of its SupaGrant on Twitter yesterday.

The Algorand Foundation announced the launch of its SupaGrant on Twitter yesterday. The SupaGrant is a $10 million program that would be rewarded among teams that will explore and accelerate the technical work needed to deliver EVM compatibility on the Algorand blockchain. Developers have until March 18 to put forward their proposals. 

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 $0.9229 at press time, down by more than 2% in the last 24 hours.

Author

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.