Investment and technology themes

Algorand


Founders
Also known as
ALGO
Digital asset type
Scalable, secure and decentralised digital currency and transactions platform.

Overview

Algorand is a scalable, secure and decentralised digital currency and transactions platform. Algorand is positioned to address blockchain’s scaling challenges through a rapid and efficient user consensus, enabling even the smallest transactions, regardless of transaction volume or number of users.

Project team

Team member Affiliations
Silvio Micali photo

Silvio Micali (founder)

Silvio Micali has been on the faculty at MIT, Electrical Engineering and Computer Science Department, since 1983. Silvio’s research interests are cryptography, zero knowledge, pseudorandom generation, secure protocols, and mechanism design and blockchain. In particular, Silvio is the co-inventor of probabilistic encryption, Zero-Knowledge Proofs, Verifiable Random Functions and many of the protocols that are the foundations of modern cryptography. In 2017, Silvio founded Algorand, a fully decentralized, secure, and scalable blockchain which provides a common platform for building products and services for a borderless economy. At Algorand, Silvio oversees all research, including theory, security and crypto finance. Silvio is the recipient of the Turing Award (in computer science), of the Gödel Prize (in theoretical computer science) and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, the American Academy of Arts and Sciences and Accademia dei Lincei. Silvio has received his Laurea in Mathematics from the University of Rome, and his PhD in Computer Science from the University of California at Berkeley.

Investors

List of the current and past investors into Algorand with their respective financial instruments.

Profile Country Phone Round
IMO Ventures N/A
Kosmos Capital Crypto VC firm. N/A
Lemniscap Investment firm specialising in investments in emerging cryptoassets & blockchain startups. N/A
Nirvana Capital Blockchain focused fund. N/A
YBB Foundation Ltd Venture capital firm with a focus on blockchain projects. N/A
Zonff Partners N/A

Coin metrics

Date
Price (USD) $ 1.6100
Circulating supply (units) 6,018,503,018
Market cap (USD) $ 9,719,582,937
Source CoinMarketCap

Price history