Beniamin Mincu
Beniamin Mincu
Beniamin Mincu is a Romanian entrepreneur, Investor and Blockchain pioneer in Europe. He is founder of Elrond, a high-performance and scalable blockchain. He is also recognized as an early introduce in many blockchain start ups.[1][2][3]
Early Life & Education
There is not much information about his early life, but he is from Sibiu County, Romania. He attended German University of Sibiu, Romania, where he studied at the Faculty of Economic Sciences and graduated with a Bachelor's degree in Economics and Management in 2011.
He has done course-Learn to Program: The Fundamentals and was certified by the University of Toronto in 2013.[4]
Career
Beniamin Mincu started his career in the blockchain space in 2014. He is known as an early investor in blockchain startups in Europe region and invested and supported some 30 blockchain projects including Icon, Matrix and Zilliqa. [5]
NEM Foundation
Beniamin Mincu was involved with the NEM foundation since 2014. He was one of the core members of the foundation and worked as Business, Marketing and Community Lead. He helped NEM to grow in blockchain space. Currently NEM is ranked in the top 25 projects by Marketcap.[4]
MetaChain Capital
Benjamin founded MetaChain Capital, a digital asset investment firm with his brother Lucian Mincu in September 2016.
He also worked as CEO for the firm. Metachain Capital invested in several successful and top blockchain projects like Binance, BAT, Tezos, Polkadot, and Zilliqa, when these were in start up phase. Currently, four out five from these startups are placed in the top 100 projects on coinmarketcap and Polkadot is growing at a rapid pace as well.[6][7]
Elrond Network
In 2017, Beniamin co-founded Elrond Network with his brother Lucian Mincu and Lucian Todea. He is also the CEO of the company. Elrond is a highly scalable, fast and secure blockchain for decentralized and distributed apps (DApp), enterprise use cases and the future internet economy. Using a novel 'Adaptive State Sharding' mechanism, and a secure Proof-of-stake (PoS) algorithm, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency.
In 2019, Elrond raised $1.9M USD in funding over 1 round.
To date Elrond has secured over 5M USD in funding and its investors include Binance Labs, Maven Capital, Electric Capital, Authorito Capital, NGC Partners and European Union.[8]