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Algorand Announces Projects for the Asia Accelerator Program

Algorand Announces Projects for the Asia Accelerator Program

Algorand in partnership with Borderless Capital, an Algorand blockchain Ventures Fund has announced a list of projects or crypto startups that are going to benefit from the Asia Accelerator Fund. In an official blog post, Algorand revealed 10 Blockchain startups that are to benefit in the program which would run in a space of 12-week which starts from 19th October to January 2021.

Among the Top 10 projects listed are StakerDAO, a platform for governing financial assets in a decentralized and secured manner.

Mugglepay, a payment SDK specifically designed for merchants to help them eliminate chargebacks and allow them conduct transactions in a more easy, secure and low cost manner.

DEXTF, an on-chain non-custodial asset management protocol that empowers professionals and financial institutions to effortlessly create and manage digital native funds.

Neutron Finance, a one-stop portal with a full suite of DeFi products and services including a non-custodial protocol and a decentralized exchange.

xbullion, a global, trusted settlement layer for physical gold enabling users access the largest physical marketplaces in the world, without ongoing custody fees.

Obsidian Labs, a blockchain technology company focused on developer tools and services, having launched a multi-chain wallet and EOS dapp store, and several graphic IDEs to support leading blockchains

Other projects listed were LawCoin, Eastern Blu Music Ecosystem, VeriTX, and Yieldy Finance.

The blockchain platform has also included Tether, Securitize and Fenbushi Capital as mentors in  the Accelerator program. Algorand aims at empowering this projects if they can build on the promise of Finance 3.0

‘’The vim and ambition of our projects encapsulate the maturing trajectory of the technology, and there is an urgency for the industry to recognize and meet these needs in tandem. Algorand is well-positioned to empower these startups as they take the next step to realize the promise of Finance 3.0, whether it be the strength of our technology, community or network.”

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