Tribe, Singapore’s first government-backed blockchain ecosystem builder, and Algorand Foundation, a US-based blockchain network, announced a strategic partnership on Wednesday that will see the two organizations organize a series of initiatives to develop and supporting Web3 developers in Asia.
The partnership aims to attract more Web3 developer talent, improve developer skills, provide support and resources where needed, and boost training and talent management across the ecosystem developers, the two parties said in a statement.
The Algorand Foundation is poised to leverage its billion-dollar Algo Ecosystem Fund to support the activation of Web3.0 developers worldwide – as part of this strategy, it will host and organize a series of initiatives with Tribe that will be executed throughout 2022.
According to the statement, developers will have the opportunity to develop and build Web3 solutions on Algorand’s platform, learning how to use their decentralized technology while earning a cash reward.
Meanwhile, a number of Hackathons will be held and held throughout 2022, challenging Web3 developers to solve problems and develop solutions on Algorand’s platform.
The Tribe and Algorand Foundation will also create a resource center that will contain a wide range of materials, curated curricula, and other resources for Web3
developers to share their experiences as well as respond to feedback or challenges they face.
“Developers are the backbone of any successful Layer1 DeFi strategy. The Algorand Foundation wants to ensure that we create a developer-centric ecosystem, and we believe our partnership with Tribe will help support that goal as developers embark on this journey with us,” said Johanna Moran, Head of Programs at Developer Outreach, Algorand Foundation.
Meanwhile, Tribe CEO and Co-Founder Yi Ming Ng said, “We are excited to be working with the Algorand Foundation to drive developer awareness and adoption of their technology. Our partnership with the Algorand Foundation will go a long way toward our goal of growing the Web3 developer ecosystem in Asia. Over the next 12 months, we are looking to engage approximately 15,000 developers and expand accessibility to Web3 to create more solutions that will drive mass adoption and drive innovation in this space.
Since its inception, Tribe has strived to expand the blockchain ecosystem in Asia by filling the existing gaps in technological innovation, talent, and education. With a focus on connecting startups and tech talent with top-tier opportunities, Tribe has launched various initiatives such as its learning and earning platform, to enable more Web2 and Web3 developers to learn the latest technologies and inspire them to create innovative solutions.
According to the release, with Tribe and the Algorand Foundations’ commitment to bridging the gap between developer talent and the needs of the emerging Web3, this partnership will bring exciting new opportunities and synergies.
Developers in the Tribe network and the various communities it works with, such as Angelhack, one of the world’s largest developer ecosystems, will now have access to the support, expertise and resources of the Algorand ecosystem.
Ultimately, this collaboration will engage a wider pool of Web2 developers in the region, support their leap into Web3, and fuel DeFi innovation in the space.
The Algorand Foundation strives to create an open, public and permissionless blockchain, forming an inclusive ecosystem that offers everyone the opportunity to harness the potential of a fair and borderless economy.
They regularly support organizations that support this goal through education, support, and mentorship through their Ecosystem Fund, which helps teams and organizations that research or build secure, high-quality solutions for the Algorand ecosystem. .
Programs will start in June 2022. All events will be virtual due to the decentralized and global nature of the developer community and are open to developers in Asia-Pacific (APAC) and around the world.
Interested developers can head to the Learn-and-Earn platform and get early access with the code “ALGOPILOT”, where they can start learning the latest development technologies in Web2 and Web3. This will allow them to be better equipped to deal with the upcoming initiatives that will be pushed by Algorand and Tribe in the coming months.
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