The Algorand blockchain protocol had managed to raise $4 million from the Pillar and Union Square Ventures. Silvio Micali, an MIT Professor and Turing Award winner, had co-authored the protocol. The funds obtained is to be used to establish a development and support team.
BlockchainOther Public Protocols
Silvio Micali gets $4 Million for the Blockchain ProtocolIncryptsFeb 16, 20180
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