Honer Razer||Crypto KSA

A reimagined ICP governance experience is live. Today, the governance team is launching a brand-new app designed to make participating in the NNS simpler, faster, and more intuitive. Cleaner UX. Streamlined flows. Built for everyone. Why was this needed?👇

Today, the Algorand Foundation made the difficult decision to reduce our workforce by 25%. This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in crypto markets. These employees have been best-in-class contributors to this ecosystem and to the Foundation, and this was an incredibly tough decision. We are sincerely grateful to them, and we are, of course, committed to supporting them through this transition. We believe that we now have a more sustainable alignment of Algorand Foundation resources with the protocol’s long-term business, technology, and ecosystem priorities. We remain fully focused on our mission of financial empowerment and the continued development and growth of the Algorand protocol, network, and ecosystem.