Tribe, a business accelerator in Singapore, has partnered with the Algorand foundation to promote blockchain and Web3 in Asia. The Algorand foundation made this known on Wednesday, April 27th.
Tribe is the first government-backed blockchain supporter in Singapore. Commenting on its recent partnership with Tribe, the Algorand foundation revealed that the goal of both organizations is to provide more resources for Web3 talents in Asia and help them harness their skills.
Algorand has secured funding from multiple sources to promote blockchain development. Since 2019, the Algo team has been working on building blockchain solutions that are ecosystem friendly.
The collaboration will promote learn and earn programs and hackathons in Singapore. Both organizations also have a financial reserve set in place to provide Asian talents in the nation with all the resources required to grow in the Web3 ecosystem.
According to Yi Ming Ng, Algorand x Tribe is looking to accommodate 15,000 developers within the following year. The blockchain acceleration team also intends to reward active developers and learners with cash and crypto during the programs.
Algo’s head of developers outreach programs also added that the collaboration with Tribe would help to create an ecosystem that will produce outstanding Web3 developers in the coming year.
Over the years, Tribe has empowered individuals and organizations with significant innovations. The business acceleration organization has educative programs focused on improving technological products.
Tribe connects startups with seasoned tech professionals through its business acceleration programs. Tribe has three acceleration programs, namely, Tribe Academy, Tribe Career, and Tribe AngelHack.
The Tribe Academy focuses on learners, while the Tribe Career focuses on employers and employees, and the AngelHack program is for interactions and engagement.