2373 days ago • cryptodaily
Legendary Angel investor has eye on the Pryze
Pryze an automated sweepstakes protocol built on the Ethereum blockchain, is the latest venture that serial entrepreneur and prolific angel investor Gil Penchina has his eye on.
Gil is the brains behind the the decentralized VC model Flight Ventures on Angelist. His latest mission co-founded with Peter Franklin is to decentralize and reduce the cost of running traditional sweepstakes and XPrize-style competitions. The goal of the Pryze protocol is to allow sweepstakes to be created and operated via a decentralized and secure system while automating most of the costs of sweepstakes operation and compliance via the protocol. For Any type of competition or election the protocol could allow decentralized and transparent voting. Pryze website describes them as simple, bold, fun and transparent. Pryze is using Blockchain technology to solve the problems of the sweepstakes industry.Contest such as the xprize can be community funded - the crowd can define and solve real world problems with Crypto prizes.
The biggest pain points for this industry that Pryze will try and solve are the following:
1. A global business hampered by the costs and complexities of operation.
2. The required intermediaries, auditors, prize administrators, and legal counsel to meet regulations.
3. Difficulty for contest creators to establish trust.
So how will Pryze solve these problems?
The blockchain will allow them to be a better, faster and cheaper solution!
So why is pryze qualified to handle this daunting task?
The simple answer the team!
Peter Franklin, CEO & Founder
Peter attended Duke in 2010 where he obtained a masters in computational economics for his studies in mechanism design. After years spent developing underlying technology as a lead engineer at Microsoft and Zynga for projects ranging from Azure and Clusters to Farmville, he went on to founding 3 highly successful companies with world-class teams. A chance meeting with top angel Gil Penchina at a non-profit event lead the two to found Pryze. Peter Franklin is a serial entrepreneur with a passion for game theory.
Gil Penchina, Co-Founder & Advisor
Gil Penchina is a serial entrepreneur and prolific angel investor. He is a Managing Director at Ridge.vc, co-founder of Fastly, former CEO of Wikia, and was a member of the pre-IPO team at eBay. He is an active angel investor in 100+ companies over the last 18 years, including: PayPal, Brave, Ripple, Filecoin, Civic, Dollar Shave Club, LinkedIn, Indiegogo, Wealthfront, AngelList, and more. Gil has a Bachelors in Engineering from the University of Massachusetts and an MBA from Kellogg.
Jason McGuirk, CTO
Jason has shipped dozens of successful games, including managing the launch of Zynga’s largest titles. Jason rapidly rose to the role of distinguished engineer at Zynga and formerly started his own gaming company called JuiceBox Games.
Sherilynn Macale, Head of Marketing & PR
Sherilynn “Cheri” Macale is a multiple award-winning full-stack digital marketer whose work leading teams both in-house and in-agency resulted in record breaking launches of companies such as SKULLY, ONAGOfly, Kanoa, JIBO, and more. Cheri is an entrepreneur who actively blends her passion for all things creative with her love for digital business strategy, resulting in emotionally moving multimedia campaigns that often go viral online or receive critical acclaim.
Kelly Battista, Sr. Designer
Kelly is a Senior Product Designer with 8 years of experience ranging from designing and shipping products for several personal startups to leading product design for the last two years with Infuse, a development firm. Kelly has worked on a variety of consumer and b2b products, including founding Zenboxx.
Juan Muñoz, Sr. Engineer
A former Cisco veteran working on IEEE 802.1X features, Juan is an experienced Software Engineer with a tremendous amount of network and web apps experience.
Disclaimer this article does not constitute as investment advice or recommend any participating in any crowd sales or Initial coin offerings and is for informational purposes only.
Disclosures
The author may have a relationship with some of the people mentioned in this article
2373 days ago • cryptodaily
Legendary Angel investor has eye on the Pryze
Pryze an automated sweepstakes protocol built on the Ethereum blockchain, is the latest venture that serial entrepreneur and prolific angel investor Gil Penchina has his eye on.
Gil is the brains behind the the decentralized VC model Flight Ventures on Angelist. His latest mission co-founded with Peter Franklin is to decentralize and reduce the cost of running traditional sweepstakes and XPrize-style competitions. The goal of the Pryze protocol is to allow sweepstakes to be created and operated via a decentralized and secure system while automating most of the costs of sweepstakes operation and compliance via the protocol. For Any type of competition or election the protocol could allow decentralized and transparent voting. Pryze website describes them as simple, bold, fun and transparent. Pryze is using Blockchain technology to solve the problems of the sweepstakes industry.Contest such as the xprize can be community funded - the crowd can define and solve real world problems with Crypto prizes.
The biggest pain points for this industry that Pryze will try and solve are the following:
1. A global business hampered by the costs and complexities of operation.
2. The required intermediaries, auditors, prize administrators, and legal counsel to meet regulations.
3. Difficulty for contest creators to establish trust.
So how will Pryze solve these problems?
The blockchain will allow them to be a better, faster and cheaper solution!
So why is pryze qualified to handle this daunting task?
The simple answer the team!
Peter Franklin, CEO & Founder
Peter attended Duke in 2010 where he obtained a masters in computational economics for his studies in mechanism design. After years spent developing underlying technology as a lead engineer at Microsoft and Zynga for projects ranging from Azure and Clusters to Farmville, he went on to founding 3 highly successful companies with world-class teams. A chance meeting with top angel Gil Penchina at a non-profit event lead the two to found Pryze. Peter Franklin is a serial entrepreneur with a passion for game theory.
Gil Penchina, Co-Founder & Advisor
Gil Penchina is a serial entrepreneur and prolific angel investor. He is a Managing Director at Ridge.vc, co-founder of Fastly, former CEO of Wikia, and was a member of the pre-IPO team at eBay. He is an active angel investor in 100+ companies over the last 18 years, including: PayPal, Brave, Ripple, Filecoin, Civic, Dollar Shave Club, LinkedIn, Indiegogo, Wealthfront, AngelList, and more. Gil has a Bachelors in Engineering from the University of Massachusetts and an MBA from Kellogg.
Jason McGuirk, CTO
Jason has shipped dozens of successful games, including managing the launch of Zynga’s largest titles. Jason rapidly rose to the role of distinguished engineer at Zynga and formerly started his own gaming company called JuiceBox Games.
Sherilynn Macale, Head of Marketing & PR
Sherilynn “Cheri” Macale is a multiple award-winning full-stack digital marketer whose work leading teams both in-house and in-agency resulted in record breaking launches of companies such as SKULLY, ONAGOfly, Kanoa, JIBO, and more. Cheri is an entrepreneur who actively blends her passion for all things creative with her love for digital business strategy, resulting in emotionally moving multimedia campaigns that often go viral online or receive critical acclaim.
Kelly Battista, Sr. Designer
Kelly is a Senior Product Designer with 8 years of experience ranging from designing and shipping products for several personal startups to leading product design for the last two years with Infuse, a development firm. Kelly has worked on a variety of consumer and b2b products, including founding Zenboxx.
Juan Muñoz, Sr. Engineer
A former Cisco veteran working on IEEE 802.1X features, Juan is an experienced Software Engineer with a tremendous amount of network and web apps experience.
Disclaimer this article does not constitute as investment advice or recommend any participating in any crowd sales or Initial coin offerings and is for informational purposes only.
Disclosures
The author may have a relationship with some of the people mentioned in this article
2374 days ago • cryptodaily
The Top 30 Cryptocurrency Innovators
These are the top 30 people pioneering the next wave of cryptocurrency innovation.*
This list is a compilation of the past, present, and future pioneers at the fore of cryptocurrency innovation.
*Satashi Nakamoto is not on list because his existence cannot be proven.
1. J.R. Willet, the father of ICO, Mastercoin
2. Juan Benet, Protocol Labs, .IPFS, .ENS
3. Gavin Wood, Ethereum Foundation
4. Vitalik Buterin, Ethereum Foundation
5. Jun Hasgawa, Omise
6. Nader Al-Naji, BaseCoin
7. Josh Chen, BaseCoin
8. Lawerence Dio, BaseCoin
9. Naval Ravikant, Metastable, Angelist
10. Joey Krug, Augur, Pantera
11. Gil Penchina, Pryze
12. Patrick Dai, Qtum Foundation
13. Josh Seims, Metastable
14. Lucas Ryan, Metastable
15. Emma Channing, The Argon Group
16. Chamath Palihapitiya, Early Bitcoin investor
17. Mike Jones, Science Inc.
18. Laura Shin, Forbes Crypto writer
19. Tim Draper, legendary Bitcoin investor
20. Brian Armstrong, Coinbase
21. Alex Dahan, Crypto Hedgefund
22. Crystal Rose, Sense Token
23. Brian Kelly, Bitcoin author, CNBC contributor
24. Emmie Chang, Y Combinator Alum, Superbloom Network
25. Amanda Gutterman, Consensys
26. Timothy Ruff, Blockchain innovator
27. Jason Goldberg, Simple Token
28. Kat Kuzmeskas, Health Nexus
29. Mike Novogratz, Galaxy Investment Partners (crypto hedge fund)
30. Janine Yorio, Stayawhile (crypto real estate)
Honorable Mentions
Brock Pierce, Blockchain Capital
Andrew Yang, Authenticiti
Patrick Byrne, Overstock.com
A little more about the top five:
J.R. Willet
Before the the term ICO became popular the very first crowdsale quietly took place in the crypto community. The Mastercoin project officially launched in July of 2013, and it was a little known month-long fundraiser in which anyone could buy Mastercoins - the digital tokens that the protocol uses to conduct transactions – by sending bitcoins to a special “Exodus Address" .
Legend has it that a Foundation was formed to handle the funds and 500 participants sent a total of about 5000 Bitcoins to the address.
Juan Benet
The founder of Protocol Labs, a Y-Combinator and top-tier venture backed company. He is also a founder of the IPFS decentralized internet and a founding member of the .ENS. Recently, his company Filecoin completed one of the most successful crowdsales in history with on Coinlist.
Gavin wood
Parity founder and CTO, co-designer of the ethereum protocol, designer of solidity and chief architect of the Polkadot project.
Vitalik Buterin
Legendary co-founder of the Ethereum Foundation, blockchain expert and advisor to top projects building dApps on the Ethereum platform.
Jun Hasgawa
Founder of Omise a payment management platform connecting millions of customers to businesses across the world.
No discussion of crypto innovation would be complete without a mention of Satoshi Nakamoto.
Satoshi Nakamoto
This man, myth, and legend is the founder of all things crypto. It began when he published a nine-page white paper about a peer-to-peer electronic cash system in October 2008. Nakamoto created a website with the domain name bitcoin.org and continued to collaborate with other developers (via open source network) on the bitcoin software until mid-2010. Legend has it that Nakamoto made all modifications to the source code himself.
In conclusion no one knows where the future of this game-changing and disruptive technology will lead.
These crypto-pioneers are sure to play a vital role in the future of technology!
Disclaimer: This article does not constitute investment advice or a recommendation to participate in any crowd sales or initial coin offerings and is for informational purposes only.
Disclosures: The author may have a relationship with some of the people on the list.
2374 days ago • cryptodaily
The Top 30 Cryptocurrency Innovators
These are the top 30 people pioneering the next wave of cryptocurrency innovation.*
This list is a compilation of the past, present, and future pioneers at the fore of cryptocurrency innovation.
*Satashi Nakamoto is not on list because his existence cannot be proven.
1. J.R. Willet, the father of ICO, Mastercoin
2. Juan Benet, Protocol Labs, .IPFS, .ENS
3. Gavin Wood, Ethereum Foundation
4. Vitalik Buterin, Ethereum Foundation
5. Jun Hasgawa, Omise
6. Nader Al-Naji, BaseCoin
7. Josh Chen, BaseCoin
8. Lawerence Dio, BaseCoin
9. Naval Ravikant, Metastable, Angelist
10. Joey Krug, Augur, Pantera
11. Gil Penchina, Pryze
12. Patrick Dai, Qtum Foundation
13. Josh Seims, Metastable
14. Lucas Ryan, Metastable
15. Emma Channing, The Argon Group
16. Chamath Palihapitiya, Early Bitcoin investor
17. Mike Jones, Science Inc.
18. Laura Shin, Forbes Crypto writer
19. Tim Draper, legendary Bitcoin investor
20. Brian Armstrong, Coinbase
21. Alex Dahan, Crypto Hedgefund
22. Crystal Rose, Sense Token
23. Brian Kelly, Bitcoin author, CNBC contributor
24. Emmie Chang, Y Combinator Alum, Superbloom Network
25. Amanda Gutterman, Consensys
26. Timothy Ruff, Blockchain innovator
27. Jason Goldberg, Simple Token
28. Kat Kuzmeskas, Health Nexus
29. Mike Novogratz, Galaxy Investment Partners (crypto hedge fund)
30. Janine Yorio, Stayawhile (crypto real estate)
Honorable Mentions
Brock Pierce, Blockchain Capital
Andrew Yang, Authenticiti
Patrick Byrne, Overstock.com
A little more about the top five:
J.R. Willet
Before the the term ICO became popular the very first crowdsale quietly took place in the crypto community. The Mastercoin project officially launched in July of 2013, and it was a little known month-long fundraiser in which anyone could buy Mastercoins - the digital tokens that the protocol uses to conduct transactions – by sending bitcoins to a special “Exodus Address" .
Legend has it that a Foundation was formed to handle the funds and 500 participants sent a total of about 5000 Bitcoins to the address.
Juan Benet
The founder of Protocol Labs, a Y-Combinator and top-tier venture backed company. He is also a founder of the IPFS decentralized internet and a founding member of the .ENS. Recently, his company Filecoin completed one of the most successful crowdsales in history with on Coinlist.
Gavin wood
Parity founder and CTO, co-designer of the ethereum protocol, designer of solidity and chief architect of the Polkadot project.
Vitalik Buterin
Legendary co-founder of the Ethereum Foundation, blockchain expert and advisor to top projects building dApps on the Ethereum platform.
Jun Hasgawa
Founder of Omise a payment management platform connecting millions of customers to businesses across the world.
No discussion of crypto innovation would be complete without a mention of Satoshi Nakamoto.
Satoshi Nakamoto
This man, myth, and legend is the founder of all things crypto. It began when he published a nine-page white paper about a peer-to-peer electronic cash system in October 2008. Nakamoto created a website with the domain name bitcoin.org and continued to collaborate with other developers (via open source network) on the bitcoin software until mid-2010. Legend has it that Nakamoto made all modifications to the source code himself.
In conclusion no one knows where the future of this game-changing and disruptive technology will lead.
These crypto-pioneers are sure to play a vital role in the future of technology!
Disclaimer: This article does not constitute investment advice or a recommendation to participate in any crowd sales or initial coin offerings and is for informational purposes only.
Disclosures: The author may have a relationship with some of the people on the list.