From MicroDAOs and Carbon-negative NFTs, to Streaming Royalties and Licenses — Whether artists and developers are crypto-native or new to the space, what motivates them is that they want to be inclusive and accessible to their users and fans globally. Algorand focuses on being the bridge that connects artists to the web3 world with fast, secure, scalable and ultra-low cost transactions…

By David Garcia and Arul Murugan, Managing Partners The explosion of non-fungible tokens (NFTs) over the last 12 months has captured the imagination of content creators, investors and collectors alike. In the last few weeks there have been a number of significant, and game-changing, developments in the NFT space: …

On August 27, 2020, the U.S. Department of Justice filed a civil forfeiture complaint related to two hacks of virtual currency exchanges by North Korean actors. One of the two hacks was a September 2019 security breach that resulted in the theft of $2.5 …

Price is a fundamental component of economic transactions. It is the multiplier required to calculate the amount of value exchanged between participants. In a blockchain, the ability to reference a price on-chain enables a seamless and trustless transaction environment, especially for automated transactions and smart contracts. …

With the major upgrade of the Algorand protocol to Algorand 2.0 in November 2019 significant improvements at the protocol level are creating new opportunities for blockchain adoption. Tokenization capabilities through the Algorand Standard Assets (ASA), multi-party transfer via Atomic Swaps and Smart Contracts at layer 1 using TEAL (Transaction Execution…

History: David Garcia and Arul Murugan have together invested in multiple blockchain projects since the beginning of 2018. Algorand is one of those projects and they are one of the largest investors and Early Backers of Algorand, having invested a total of $8 million in Algorand’s Series A through their…

On September 26, 2019, former Algo Capital GP LLC (“Algo Capital”) Chief Technology Officer Pablo Yabo informed David Garcia and Arul Murugan, the Managing Partners of Algo Capital, that several wallets he administered had been compromised. The unfortunate incident resulted in a theft of $1.9 million — $1.5 …

Economic Improvement Proposal (EIP-090319AC) The Algorand mainnet launched about two and a half months ago. Since then, the network has shown that scalability, security and decentralization can all be achieved together in a blockchain. Sending an Algo from Alice to Bob is fast (about 4.5 …