Beniamin Mincu

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Beniamin Mincu

Beniamin Mincu is a co-founder and the CEO of , a decentralized platform formerly known as Elrond. He is also a tech entrepreneur focused on technology and artificial intelligence. [1]

Education

Mincu graduated from the Romanian-German University of Sibiu’s Faculty of Economic Sciences with a Bachelor’s in Economics and Management in 2011. [2]

Career

From May 2014 to October 2015, Mincu held various roles at the NEM.io Foundation. During his tenure, he served as the Business Lead, Marketing Lead, and Community Lead. NEM is recognized as the world's first Smart Asset blockchain, designed for enterprise-grade performance.

In September 2016, he co-founded Metachain Capital, where he served as co-founder & CEO until December 2017. Metachain Capital is a digital asset investment fund that focuses on supporting ambitious teams and innovative technologies within the blockchain space. Noteworthy investments made by the fund include , Zilliqa, , Brave, and .

Since September 2017, Mincu has served as the founder and CEO of , a platform that implements adaptive state sharding and secure . It aims to create a decentralized, secure, and scalable public blockchain infrastructure, offering interoperability and cost-effective solutions. [2][3]

Interviews

MultiversX

In a recent episode of CraigO's Crypto Corner, Mincu shared insights on evolution and his leadership philosophy within the space. The discussion highlighted significant upgrades to their , including Andromeda and Supernova, which focus on performance improvements and scalability. Mincu emphasized the importance of community engagement and feedback as vital components of a decentralized framework, aiming to foster trust and transparency. The conversation underscored the potential for to establish itself in the competitive landscape of blockchain technology, particularly with plans to increase its presence in the U.S. market. Mincu expressed optimism about the future, advocating for innovation and collaboration within the ecosystem to drive widespread adoption and success. [4]

Scaling and Surviving

On the Proof of Talk podcast, Mia Soarez interviewed Mincu, who discussed advancement in technology. He explained that they developed the first working version of state sharding, a key scalability feature in , which was launched four years prior. Mincu shared that their initial project, originally named Elrond, evolved into due to challenges, including a naming conflict. He recounted his early experiences in the space, revealing how skepticism surrounded their ambitious goals, especially given the technical complexity of their project. As their achievements gained recognition, they adapted their vision to encompass broader use cases beyond payments. Mincu also touched on the industry's current state, reflecting on the tension between speculative trends, such as , and the need for substantive innovation in applications. He expressed excitement for upcoming developments at , which included upgrades and new projects in various sectors, including AI. [5]

Blockchain or Meme?

In an interview with Le Crypto Daily, Mincu discussed various developments within and the broader landscape. He emphasized the impressive scalability of technology, which is capable of processing over 100,000 transactions per second, enabled by a feature called adaptive state sharding. During the conversation, Mincu reflected on a recent marketing countdown campaign that initially generated excitement within the community but ultimately led to exaggerated expectations, prompting its cessation. He shared insights about the rebranding from Elrond to , highlighting the legal advantages and strategic market positioning. Mincu also underscored the importance of community feedback and engagement, particularly with significant influence from figures like Owen Simonin in France. The discussion explored the challenges and opportunities facing projects, including marketing strategies and navigating market volatility. Mincu concluded with a confident outlook on the future of and its potential to lead in innovation and technology within the space. [6]

Presentations

xPortal

During a presentation at X Day Paris, Mincu and Sergiu Biris unveiled xPortal, which transformed the existing , Mayar, into a comprehensive super app designed to bridge the physical and worlds. They highlighted xPortal as a portal to new opportunities for users and businesses, showcasing its ease of use and a variety of new features, including real-time financial tracking, token swaps, and customizable avatars. The app’s innovative functions included a hub for and the introduction of multiverse debit cards designed for seamless transactions. Mincu expressed excitement for xPortal’s launch, planned for early 2023, emphasizing its potential to revolutionize how users interact with both assets and the metaverse. [7]

Panels

Crypto Adoption

At the Proof of Talk 2024 event, a panel discussion featured Mincu, Catie Romero-Finger (BABs), Robby Yung (), and () discussing key drivers for adoption. The conversation addressed the current state of the market, characterized as a bull phase, and debated whether this environment was more beneficial for attracting users compared to a . The panelists highlighted the significance of as a means to engage new users in the space, noting that these coins, similar to user-generated content, serve as accessible entry points. They emphasized the importance of fun and community in driving adoption, arguing that while might appear frivolous, they represent a new form of capital that could accelerate user growth and participation in broader ecosystems. Throughout the discussion, the role of infrastructure and community support was highlighted as essential for sustaining interest and trust in these new financial products. The panel concluded with a recognition of the complex dynamics influencing adoption and the potential for future growth. [8]

REFERENCES

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