Major blockchain platform Algorand is launching a new partner program for developers and entrepreneurs building on its blockchain protocol, designed by cryptography expert and Turing Award-winner, Silvio Micali.
Program participants will benefit from access to resources and guidance to promote their decentralised applications faster as long as there is a clear business case for their Algorand-based products.
Known as ‘Algorand Partner Program (APP)’, the new program intends to provide successful applicants with expertise in areas like strategy formulation, go-to-market guidance along the lines of technological implementation.
Algorand plans to expand APP coverage through onboarding more partners globally to facilitate integrations with enterprise, governments, and financial institutions that leverage its own blockchain.
As part of the program, select consulting firms, system integrators, software developers and infrastructure providers will get access to organizations seeking resources to develop or adopt Algorand-based solutions.
“From DeFi startups to traditional financial institutions across a variety of sectors and geographies, Algorand’s Partner Program will help companies navigate their path to build enduring value through blockchain adoption,” said W. Sean Ford, COO of Algorand, Inc.
The initial list of the successful applicants in the APP includes Applied Blockchain, Rocket Insights, Mentat Innovations, BLOCKCHAIN ITALIA.io, Nona Digital, Emali, Bluemi, Cartan, IntellectEU, Looptribe, Reach, and financial assets tokenization platform Koibanx. Other startups that make successful applications will enter the accelerator program, which will cover the full spectrum of business support.
Algorand’s new partner program follows similar initiatives announced in Asia and Europe, earlier this year. The organisation, which received funding and support from Eterna Capital and Borderless Capital, unveiled up to $500,000 to fund developers and entrepreneurs that are looking to build applications and projects on its decentralized blockchain.
“Having seen Algorand’s commitment to building out the ecosystem and supporting its users, we are excited to be a part of the Algorand Partner Program as it will open up new opportunities for us and our clients as we build next-generation blockchain solutions,” said Chris Kelly, Product Manager at IntellectEU.
“We have been working with the Algorand team for almost a year on a number of initiatives, and we have found them to be one of the most professional teams in our field,” added Adi Ben-Ari, Founder and CEO of Applied Blockchain.