As a part of this partnership, AlgoCellar and Humble DeFi will undertake multiple activities mutually beneficial to both communities. These include marketing activities, community amalgamation, rewards, and much more!

After AlgoCellar launched on the Algorand testnet on June 8, 2022, they were sincerely impressed by the Algorand community’s enthusiasm, which helped bring the total tokenized funds created on platforms to over 6000 funds.

AlgoCellar Integrates Humble DeFi

This partnership will help AlgoCellar to further strengthen efforts to bring  comprehensive and innovative indexing and asset management protocol to Algorand.

To begin with, AlgoCellar will be setting up reward pools on Humble DeFi for AlgoCellar token. AlgoCellar Integrates Humble DeFi, Further details will be releasing in the coming days. Make sure you stay up to date with social media channels, so you don’t miss anything!

About Humble DeFi

Humble DeFi is on a mission to make DeFi accessible to everyone by creating safe, easy-to-use and powerful DeFi products. HumbleSwap, an AMM style DEX built with Reach, is one of the top exchanges on Algorand and offers users a way to swap, earn, and farm various crypto assets.

Website | Twitter

About AlgoCellar

Built by Memento Blockchain, and powered by the DOMANI DAO, AlgoCellar is a comprehensive asset management protocol on Algorand.  AlgoCellar’s successful testnet, in which over 4,600 funds were launching, has led them onto the exciting road of mainnet deployment, with the mission of democratizing asset management for all.

Website | Twitter

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https://algocellar.substack.com/p/algocellar-strategic-partnership

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This strategic partnership finds on the idea that by joining forces and leaning into strengths, everyone benefits.

Joint activities already in the work include combined marketing efforts, cross promotion, advice sharing, and collaboration through regular meetings and work sessions. Of particular note for projects looking to launch will be special liquidity products and opportunities.

“Creating meaningful partnerships is pertinent to bringing growth across the Algorand ecosystem. With Algofund we are able to connect with upcoming projects to collaborate and provide support from the early stages,” said Andrew Kotulak, Director of Institutional Relations for Humble about the new arrangement.

Equally excited is Managing Partner of AlgoFund James Moran, who stated, “Partnerships allow the Web3 space to grow stronger. After we handle the early stages of our clients’ growth, this partnership with Humble allows us to hand-off to a team we can trust with their later stage growth.”

AlgoFund recently became part of the KryptoNurd family of companies, after originally joining forces with Citrust in March of 2022. In addition to their own highly successful IDO, Algofund just had their first new project offering on the platform with the exciting new blockchain dating app, TruYou. Despite the tough market, the AlgoFund team helped TruYou raise over 80,000 ALGO. They are eagerly anticipating the announcement of their next upcoming project.

AlgoFund and Humble are looking forward to working together to benefit both of their communities, along with new projects and investors. The Alogrand Blockchain currently has more than 900 projects being built. Providing a portal for those projects is priority number one for all parties involving.

About AlgoFund

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