NewsAlgorand Foundation partners with Professor Xiaotie Deng team at Peking University to support research on market theory, NFTs and governance algorithms on Algorand Network

Algorand Foundation partners with Professor Xiaotie Deng team at Peking University to support research on market theory, NFTs and governance algorithms on Algorand Network

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Algorand Foundation

March 24th, 2022 - The Algorand Foundation is delighted to announce the partnership with Frontiers of Blockchain Research Lab, Center of Frontiers of Computing Studies at Peking University for research collaboration on the Algorand Network.

“The goal of the research is not only to build market theories for digital assets on the Algorand network,” explains Professor Xiaotie Deng, principal investigator on the project, “but we also want to investigate the auction and pricing models for NFTs in the form of Algorand Standard Assets and assess the governance algorithms of DeFi and digital assets on the Algorand network.”

The Peking University team will work closely with the research team at Algorand Foundation. “We are thrilled to be supporting Xiaotie Deng’s inspiring research,” emphasizes Hugo Krawczyk, Principal Researcher and Head of the Algorand Centres of Excellence (ACE) programme, “The outcomes of his investigations will not only advance the Algorand protocol, but also contribute greatly to the progress of the blockchain and digital asset space.”

The research will be published in a variety of international academic journals and publications. The Algorand Foundation supports this project with funding through the Algorand Foundation university programme.

Summer Miao, Head of Community CN at the Algorand Foundation, is delighted to see the partnership with Peking University become a reality: “We would also like to thank the 1circle Chinese community for their endeavour in establishing this partnership.“ 1circle is an Algorand grant recipient whose mission is to build an inspiring Chinese community on the Algorand blockchain.

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