Description
The Algorand Foundation plays a pivotal role in advancing the Algorand blockchain, a pure proof-of-stake technology aimed at creating a borderless economy with decentralization at its heart. It focuses on open, public, and permissionless blockchain solutions, supporting applications and projects that fulfill the vision of a decentralized, efficient, and secure global system. The foundation provides funding and resources to developers, guiding protocol evolution and ensuring inclusive governance. Launched in 2019, Algorand (ALGO) facilitates a scalable economy with a 10 billion total supply and approximately 8.2 billion circulating. ALGO's price ranges between 0.12 to 0.16 USD, with high trading volumes. Based in Singapore, the foundation fosters a transparent environment and promotes the development of scalable and secure decentralized applications, emphasizing open participation. For more details, visit the Algorand Foundation's official website at [algorand.foundation](http://algorand.foundation).
The Algorand Foundation plays a pivotal role in advancing the Algorand blockchain, a pure proof-of-stake technology aimed at creating a borderless economy with decentralization at its heart. It focuses on open, public, and permissionless blockchain solutions, supporting applications and projects that fulfill the vision of a decentralized, efficient, and secure global system. The foundation provides funding and resources to developers, guiding protocol evolution and ensuring inclusive governance. Launched in 2019, Algorand (ALGO) facilitates a scalable economy with a 10 billion total supply and approximately 8.2 billion circulating. ALGO's price ranges between 0.12 to 0.16 USD, with high trading volumes. Based in Singapore, the foundation fosters a transparent environment and promotes the development of scalable and secure decentralized applications, emphasizing open participation. For more details, visit the Algorand Foundation's official website at [algorand.foundation](http://algorand.foundation).
