The Algorand team announced via a blog post on Thursday that AlgoSeas is now part of its ecosystem. AlgoSeas has received grant funding from the Algorand Foundation to support them in developing their pirate-themed idle NFT staking game built on Algorand.
Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”. As such, Algorand ensures "full participation, protection and speed within a truly decentralized network". ALGO is trading at $0.3232 at press time, up by more than 4% in the last 24 hours.