Brendan Blumer

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Brendan Blumer
Brendan Blumer.jpg
Born (1986-08-08) August 8, 1986 (age 33)
ResidenceHong Kong
NationalityAmerican
Known forEOS.IO
Net worth US$600–700 million[1] (Feb. 2018)
Title
  • CEO of Block.one
Board member of
  • Block.one

Brendan Blumer (born August 8, 1986) is an American entrepreneur, executive, and investor. He is the CEO of Block.one, the tech company producing the EOS.IO distributed ledger software. He is based in Hong Kong.[1]

Early life[edit]

Blumer was born and raised in Cedar Rapids, Iowa.[2] When he was 15 years old, he developed a website to sell virtual assets in the multiplayer online gaming space. His website, known as Gamecliff (stylized as GaMeCliff),[3] displayed different characters, weapons, and houses for MMORPG games including EverQuest and World of Warcraft.[1]

Career[edit]

In 2005, Blumer's Gamecliff was acquired by IGE[4] and the company moved to its new headquarters in Hong Kong to head Gamecliff's operations.[1] Blumer founded The Accounts Network in 2007, a company that sold in-game MMORPG avatars and reached $1 million in revenue figures.[1][5]

In 2010, Blumer launched Okay.com, an enterprise data sharing platform for real estate brokers in Asia.[1] The company later merged with the real estate company Asia Pacific Properties.[6] His next business project, ii5, also focused on real estate. Founded in 2013, startup was dedicated to real estate listings in India.[2]

In 2016, Brendan Blumer met software programmer Daniel Larimer.[1] In March 2017, they formed Block.One, an open source software publishing company specializing in high performance blockchain technologies.[2] In May 2017, Blumer and Larimer announced their first project, EOS.IO.[7] Critics have argued that Block.one's year long EOS initial coin offering (ICO) is unnecessarily aggressive in the amount of funds that it is seeking to raise for such a product.[2]

In February 2018, he was recognized by Forbes as one of "The Richest People In Cryptocurrency".[8]

References[edit]

  1. ^ a b c d e f g Ambler, Pamela (7 February 2018). "Ethereum Challenger Brendan Blumer Breaks Biggest Token Sale Record With EOS". Forbes. Retrieved 24 May 2018.
  2. ^ a b c d Vigna, Paul (18 December 2018). "Chasing the Next Bitcoin, Investors Shell Out $700 Million for Coins With 'No Purpose'". Wall Street Journal. Retrieved 24 May 2018.
  3. ^ Carlon, Katharine (9 January 2018). "CR native is building the future, block by block". Corridor Business. Retrieved 24 May 2018.
  4. ^ Bruk, Diana (7 February 2018). "Here Are the 10 Wealthiest Cryptomillionaires Under 40". Best Life. Retrieved 24 May 2018.
  5. ^ Warner, Andrew (9 August 2011). "At 15, He Sold Game Avatars. Today, He's Selling Asia". Mixergy. Retrieved 24 May 2018.
  6. ^ "Asia Pacific Properties Acquired a Leading Real Estate Technology Company". Asia Pacific Properties. 2011. Archived from the original on 12 June 2018. Retrieved 24 May 2018.
  7. ^ Larimer, Dan (5 June 2017). "EOS Consensus Presentation May 2017". YouTube. Retrieved 24 May 2018.
  8. ^ "The Richest People In Cryptocurrency". Forbes. 6 February 2018. Retrieved 20 July 2018.