Algodev builds complex and cutting-edge software on top of the Algorand blockchain.
Who Are We
Algodev is a blockchain development company based in Boston, MA committed to designing decentralized solutions for the Algorand blockchain.
We wish to build out the decentralized applications needed to make the Algorand ecosystem competitive and defi users happy.
What We Do
Our first product is Algodex – A decentralized limit order book powered by Algorand’s fast (4.5 seconds) settlement times. Algodex will allow you to trade Algorand Standard Assets (ASAs) for Algos. The platform operates like a centralized exchange but is fully decentralized including having the order book on chain.
Benefits of Full Decentralization
We believe Algorand has technical superiority compared to other blockchains and as chains become more interoperable, people will favor faster and cheaper networks with no loyalty to other incumbents.
Users don’t need to trust a central party when transacting.
Operations happen on chain, governed by transparent and audited smart contracts.
Decentralization strengthens network security and stability.
Those who contribute value to the network receive ownership in the network.