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- 1 Mohammad Shaikh, an entrepreneur having extensive experience in venture capital and private equity, introduced Aptos Blockchain.
- 2 APT blockchain is a Layer 1 Proof-of-Stake (PoS) blockchain delivering high robust security and high throughput for smart contracts.
The Aptos project is initiated with the mission to cultivate an evolving and strong ecosystem that attracts developers to improve the infrastructure of the Aptos Layer-1 blockchain. The concept was first introduced by Mohammad Shaikh and Avery Ching in 2022 for the next users. He is an investor and an entrepreneur having outstanding experience in private equity and venture capital focused on finance, blockchain technology, and infrastructure. Currently, he is the CEO and co-founder of Aptos, Meridio, and also consultant at The Boston Consulting Group.
All about Aptos Crypto Co-Founder
Mohammad Shaikh was born in Brooklyn and his father was a Taxi driver. He completed his graduation with B.S. in Psychology, Accounting, and Economics from Hunter College and MBA in Organization Strategy & Finance from the University of Rochester-Simon Business School.
Focusing on his career, he started his career as a Senior Associate at KPMG in 2007 and switched to Royal Bank of Canada Capital Markets in 2010 as Senior Analyst. In September 2016, he became a consultant for the Boston Consulting Group (BCG).
The year 2017 was a turning point in Mohammad Shaikh’s career and helped him enter the world of blockchain. At ConsenSys, he worked as the Director of Strategy handling blockchain, capital allocation, and incubation-related activities. Later, he founded Maridio, a blockchain-based platform working on the investment and training of real estate with liquidity.
Aptos was founded by Mohammad Shaikh and Avery Ching, in December 2022. The main purpose behind the blockchain introduction is to provide a safe, scalable, and upgraded platform. The vision of Mohammad Shaikh behind the blockchain introduction is to bring mainstream adoption to Web3 and boost the environment of Decentralized Applications (DApps) to mitigate real-world user problems. The blockchain expects to achieve around 150,000 transactions per sector through parallel execution which makes the platform unique from other blockchain platforms. The platform has the capability to process all the transactions simultaneously and validate the same afterward. Simply, the Aptos blockchain improved the speed and security of the transactions along with mitigating the energy consumption needed for mining.
The Current State of Aptos Crypto
The current price of Aptos is $7.49 with a trading volume of $163,445,091, a down of 3,35% in the last 24 hours. Aptos is experiencing price fluctuations and thus, the price predicted for August 2023 is around $6.97. Also, the price of APT is expected to have a range between $74.37 to $85.56 by the end of 2030.
Individuals wishing to purchase or trade APT tokens can purchase the same from a number of exchanges like KuCoin, Coinbase, and Binance. Aptos is potentially a great investment for the short run due to its unique architecture and proven success.
Conclusion
Mohammad Shaikh, an entrepreneur, and Avery Ching founded Aptos Blockchain in December 2022. The purpose is to deliver high-level security and scalability to the transactions. Aptos blockchain has the capability to carry out around 150,000 transactions per second which makes the concept unique and attractive to investors.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
