Alex is one of the inventors of VOIP (Voice Over Internet Protocol) with a foundational patent dating back to 1994 and is now working on MOIP (Money Over Internet Protocol) technology. Over 35 patents have been issued to Alex, relating to exchanges, VOIP protocols, messaging and communication. Alex is a serial entrepreneur and founder of seven New York City-based startups, raising more than $1 billion and exiting over $3 billion. Alex founded two of New York City’s top 10 venture-backed exits since 2000: Arbinet, with a 2004 IPO that had a market capitalization of over $750 million; and Transit Wireless, valued at $1.2 billion. Alex has received numerous awards for innovation, including being nominated twice by E&Y as ‘Entrepreneur of the Year’, in 2002 & 2011; Crain’s 2010 Top Entrepreneur; the prestigious 2000 Albert Einstein Technology medal; and the Technology Foresight Award for Innovation (presented in Geneva at Telecom 99). As one of the pioneers of web-based exchanges, Alex authored patents that cover aspects of the Smart Grid, ad exchanges, Twitter, Skype, App Store, Netflix streaming concept and many other popular web companies. Additionally, Arbinet’s fundraising story was featured as a case study in 2001 by Harvard Business School.
About Celsius Network:
The Celsius Network will enable the next generation of lending and borrowing via a crypto wallet for the fast-growing cryptocurrency community. Enabling Crypto holders to earn interest and get dollar loans.
We believe the future of lending and borrowing will manifest itself with a membership organization enabled by a decentralized P2p community on the blockchain. In our view, traditional financial institutions should no longer control the flow of credit to people across the world. We want to empower our community via a consensus-based, Proof-of-Stake approach to allow the Celsius community members to borrow, lend and vouch for each other, creating a truly win-win-win self-governed solution for people involved in every step of the credit ecosystem. By aggregating many holders of the top 20 coins into a large group, the Celsius Network will be able to negotiate much better terms and conditions for the loans.