Projects
Learn more
What is Algorand?
Algorand is a smart contract platform for decentralized applications (a blockchain). Algorand was founded by Silvio Micali and launched in 2018.How does Algorand work?
Validators process transactions and receive fees from users (supply-side fees).Who governs Algorand?
ALGO holders own and govern the protocol. They currently take a cut of the transaction fees paid by users (revenue). Algorand's investors include Union Square Ventures, Multicoin Capital, Pillar, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.