Ten Young Crypto Leaders Feature In This Year’s Forbes’ Under 30 List Work
Ten Young Crypto Leaders Feature In This Year’s Forbes’ Under 30 List Work
December 3, 2020
Ten Young Crypto Leaders Feature In This Year’s Forbes’ Under 30 List Work
Ten Young Crypto Leaders Feature In This Year’s Forbes’ Under 30 List Work
December 3, 2020

Ten of the young crypto leaders featured in this year’s Forbes’ Under 30 list work in blockchain and cryptocurrency by highlighting increasing acceptance of the industry from the mainstream media.

It has been reported that instead of its name, the list actually highlights 600 young people across various categories, with the crypto alumni including seven individuals in the finance category, one in venture capital, one in energy, and one in manufacturing.

However, the finance category features the founder of the $1.2 billion crypto derivatives exchange FTX, and quantitative trading firm Alameda Research, Sam Bankman-Fried. Since launching last year, FTX has made waves by offering innovative products including prediction markets for elections, Bitcoin’s hash rate, and futures contracts for oil, driving $30 million in profits for the exchange this year.

Brain Tubergen, the co-founder of the US-based initial token offering and exchange platform CoinList, also made the grade. Since launching in 2017, CoinList has facilitated more than $800 million in fundraising for many crypto projects backed by the heavyweights of the sector, including A16z, Sequoia Capital, and Bain Capital Ventures.

ALSO READ :  Asian Countries To Adopt Blockchain Technology For Securing Their Data Amidst COVID-19 Pandemic

It has been analyzed that almost a third of the crypto leaders featured are women, which signals a shrinking, though still significant gender gap in an industry notorious for low female participation.

Forbes celebrates Bitcoin’s first female core protocol engineer Amiti Uttarwar, alongside the founder of crypto lending platform BlockFi, Flori Marquez, and the founding partner of Volt Capital, Soona Amhaz, who features in the venture capital category. Including Amhaz, three of the list’s crypto alumni represent venture capital firms, the 21-year-old Paradigm Capital investment partner, Charlie Noyes, and Pantera Capital co-founder and the co-chief information officer of Augur, Joseph Krug.

Likewise, Alexander Liegl, the co-founder of Layer1 Technologies, is the list’s sole representative of the crypto mining sector, with Liegl’s company, has outlined an ambitious plan to bring 30% of global hashing power to the United States over the longer term. Liegl is in the energy category.

ALSO READ :  Microsoft Reveals Indonesia Was Hit Hard By Cryptojacking And Ransomware Attacks

Jack Mallers, the CEO of Bitcoin payments firm Zap, also features in the finance category.

Forbes includes all three co-founders of blockchain-powered supply chain data platform Authenticiti — Andrew Yang, Yeong Woo Park, and Athanasios Karachotzitis, under the manufacturing category.

Moreover, crypto’s strong showing in the finance category is likely down to the fact the judges have ties to the industry: they include Mike Novogratz, the Galaxy Digital founder, and Bitcoin bull along with Cathie Wood, the founder of Ark Investment Management, which runs a digital assets fund.

Forbes has highlighted the achievements of the young crypto leaders in the past, with its 2017 30 under 30 Asia list featuring Tron founder Justin Sun, and its 2018 list including Melonport and Agora Trade’s Reto Trinkler.

Thus, the following year saw the number of crypto entrepreneurs celebrated by Forbes increase, with Bitwise CEO Hunter Horsley, Bail Bloc’s JB Rubinovitz, Lightning Labs’ Olaoluwa Osuntokun, and Nader Al-Naji of the now-defunct Basis Protocol all included in the list.

ALSO READ :  Bitcoin Overtakes Gold For The First Time Since June

Source: Cointelegraph


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Bitso Concludes $250 Million Series C Capital Raise

Bitso Concludes $250 Million Series C Capital Raise

Bitso, the Mexico-based cryptocurrency exchange, has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry.  It has been reported that the latest...

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with experience of 1.5 years. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space. She loves writing about blockchain and other blockchain-related articles.