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Welcome to the latest edition of the Weekly Pulse, a weekly Algorand news wrap-up segment presented by Algopulse. As ever, we welcome your feedback so if there is anything you would like us to add, please let us know on Twitter, Discord, or Telegram. For more from Algopulse visit https://www.algopulse.io/.
AlgoHUB Partners with Algorand Foundation to Launch APAC Region Student Community
The Algorand Foundation has announced a new partnership with the Australian project AlgoHUB to set up a new student community in the APAC region which encompasses Australia, Singapore, Hong Kong, Fiji and South Pacific Islands, Indonesia, Malaysia and Vietnam. The purpose of the club will be to support student as they begin learning about blockchain as well as facilitating case studies, leads on internship opportunities, introductions to projects, and guest speakers from the Algorand Community at events.
“AlgoHUB will be partnering with the student clubs at top universities in Asia Pacific to run student events and hackathons. We will be providing support and funding to encourage the students to learn more about this emerging technology and to help them build more applications on the Algorand Blockchain,” said AlgoHUB Founder Karen Cohen.
New Algorand NFT Marketplace Shufl Launches
A new Algorand NFT marketplace has been launched this week adding further innovation to the space and with backing from some of the ecosystem’s biggest names. Founded by Al Goanna creator Benji, Shufl aims to, “create the home of Algorand NFTs through a community-focused NFT marketplace that is dedicated to empowering creators and communities.” To achieve this the project have made several commitments including adopting a flat rate of 5% royalties on all marketplace sales, committing to sharing 7.5% of platform fees with the Goanna DAO, and supporting the Gilbert Goanna Tree Fund by donating 2.5% of platform fees.
According to the project part of the motivation in starting the project was to increase accessibility for new users to the Algorand ecosystem. “First impressions are incredibly important and we want new users to the chain to be excited and energised by a platform that best showcases our incredible breadth talent,” the project said in their launch piece.
“When you look at the major marketplaces on other chains such as Opensea, Looks Rare, Magic Eden etc, they all share a familiar and intuitive user interface. Yet here on Algorand for some reason we had attempted to reinvent the wheel. Now this is not an attempt to throw shade on the other platforms. The community today would not be what it is if it wasn’t for the pioneering efforts of the likes of Rand Gallery and AlgoX. However it was clear there was a genuine need for a marketplace that could offer a user experience that was comparable with that seen on other chains.”
Algorand Developer Greenhouse Tech Talk to be Hosted Singapore
Algorand will be hosting another global event for developers this month in Singapore. The Greenhouse Tech Talks event will take place on September 27 with both in person and virtual attendance options. The event will will feature keynote speeches from some of Algorand’s most prominent figures including Paul Riegle Algorand’s Chief Product Officer, John Woods Algorand’s Chief of Technology, and Staci Warden Algorand’s CEO.
Algorand Shine Spotlight Headline Crypto Evolution
Headline Crypto has featured in a special spotlight article from Algorand chronicling the project’s journey from a news platform to one focused on providing developer tools and DeFi applications. The project is headed up by former journalist Aaron Martinez who was awarded a grant from the Algorand Foundation in 2021 to build a suite of React tools.
“We were basically jumping into the deep end of the pool when it comes to software development. We had to learn how to swim as we were building… there’s no guidebook to learn how to build developer tooling in Web3. We had to write it. We basically wrote the book on how to do it on Algorand, ” said Martinez.
Algorand’s Hendrik Hilpert Set to Speak at DASNYC
Algorand is set to participate in the upcoming DASNYC event with Director of Strategy Hendrik Hilpert slated to have a speaking role. DASNYC is a two-day cryptocurrency conference focused on institutional growth hosted by Blockworks. Full details on the event can be found here.
Getblock Announce Algorand Node Integration
The Getblock shared nodes protocol has this week released a new tutorial demonstrating how users can take advantage of its infrastructure to run a shared Algorand node. GetBlock is a European project focused on delivering cost-effective tools and scalable infrastructure that help developers to build high-quality decentralized applications faster. They offer interoperability of a multitude of blockchain nodes including Bitcoin, Ethereum, BNB, Cardano, Solana, and many more.
Algorand’s Paul Riegle Set to Speak at Converge 22
Paul Riegle the Chief Product Officer of Algorand is slated to have a speaking role at the upcoming Converge 22 event in September. Taking place in San Francisco the event will feature some of the cryptocurrency ecoystsem's biggest names including none other than Ethereum Founder Vitalik Buterin. More information about the event can be found here.
Algorand Publish Deep Dive on Commercial Sports Partnerships
Algorand have this week published a new article taking a deep dive into their various sporting commercial partnerships. The piece goes through Algorand’s deals with FIFA, Gotham FC, The Drone Racing League, Envision Racing, and Sail GP Canada explaining the rationale and goals behind each partnership. Primary emphasis on each has been placed on joint efforts in sustainability, reliability, and innovation. Read the full story here.
Pact Adds New Zaps Feature
Algorand based AMM platform Pact have recently announced the addition of a zaps feature to their suite of liquidity pool trading options. Zaps allow users to contribute quantities of a single asset to a pool rather than having to contribute both assets in proportion. Users can complete zap transactions by simply navigating to the zap section of the Pact app.
Opulous Launch New Royalty Acquisition Venture
Opulus has this week announced a new venture that will see it enter the music royalty acquisition game. The initiative will be called ‘Opulous Royalty Vault’ and be facilitated via a new set of tokens called OVAULT.
“Music copyrights are perhaps the fastest-growing asset in the investment space, but have up until now only been available to large entities like banks and family funds,” said Opulous CEO Lee Parsons.
“Through this project, Opulous is giving anyone the chance to invest in music and enjoy steady rewards. Our plan is to grow Opulous into one of the world’s largest music rewards programs. Opulous will give everyone the chance to share in music, support their favourite artists, and enjoy many types of rewards.”
Staci Warden Features in Interview With NASDAQ
The Algorand Foundation CEO Staci Warden has recently appeared in an interview with NASDAQ media. During the interview Warden covered a wide variety of topics including her own background in traditional finance, how Algorand’s consensus mechanism stacks up to counterparts like Bitcoin and Ethereum, and Algorand’s vision for the future of DeFi. The full interview can be read or watched here.
Price Watch
Thank you for reading this week’s edition of the Weekly Pulse as we look forward to continue bringing this content to the Algorand Community. Was there anything that we missed? If so let us know on Twitter, Discord, or Telegram where you can also send us any news you see throughout next week for our next instalment. For more from Algopulse visit https://www.algopulse.io/.
