The Genius of Algorand: Technical Elegance and the DeFi Revolution
About this book
In a universe of cryptocurrencies, Algorand stands out as one of the best long-term blockchain protocols for the future.In The Genius of Technical Elegance and the DeFi Revolution , financier Anthony Scaramucci walks readers through the history of Algorand, from its inception in the mind of an MIT mathematical genius to the current frontline users who are reinventing the way money works. In his usual straight-talking style, Scaramucci explains why the creation of Algorand is so unique and shines a light on the unmet markets where it’s poised to dominate. Along the way, readers will hear the Algorand origin story straight from Silvio Micali, the Italian immigrant who created it. They’ll also meet the slew of current entrepreneurs, BizDev app designers, marketers, and small business owners who are already taking advantage of Algorand’s bright future.Digital currency is already reshaping the global financial markets, but every token is not created equally. In 2021, Scaramucci chose Algorand for his SkyBridge Capital clients. The story of how Scaramucci became an “Algonaut” doubles as a window into the opaque world of financial technology development, and the way visionaries—from international banks to struggling artists—are adopting it to change the world.About the Author Anthony Scaramucci is the Founder and Co-Managing Partner of SkyBridge Capital, a global alternative investments firm. He is the author of several books including The Sweet Life with Bitcoin and Hopping Over the Rabbit Hole, a 2016 Wall Street Journal best- seller Prior to founding SkyBridge in 2005, Scaramucci co-founded investment partnership Oscar Capital Management, which was sold to Neuberger Berman in 2001. Earlier, he was a vice president in Private Wealth Management at Goldman Sachs & Co. In 2016, Scaramucci was ranked #85 in Worth Magazine’s Power 100: The 100 Most Powerful People in Global Finance. Anthony is a member of the Council on Foreign Relations (CFR), vice chair of the Kennedy Center Corporate Fund Board, a board member of both The Brain Tumor Foundation and Business Executives for National Security (BENS), and a Trustee of the United States Olympic & Paralympic Foundation. He was a member of the New York City Financial Services Advisory Committee from 2007 to 2012. Scaramucci, a native of Long Island, New York, holds a Bachelor of Arts degree in Economics from Tufts University and a Juris Doctor from Harvard Law School.