Biography:
Muneeb Ali is the co-founder of Blockstack, a decentralized computing network with more than 375 apps/startups built on top of it. He serves as the CEO of Blockstack PBC, a public benefit corporation that is developing the core Blockstack technology. He has raised $75 million in funding from investors like Union Square Ventures, Y Combinator, Lux Capital, Winklevoss Capital and others. Blockstack was recently featured in the CNBC’s list of 100 promising startups to watch.
Muneeb received his Ph.D. and master's degree in computer science from Princeton University. His Ph.D. thesis was nominated for the ACM SIGCOMM dissertation award by Princeton University. Muneeb gives guest lectures on cloud computing at Princeton and his research publications have over 1,300 citations. He is one of the main characters in George Gilder’s book "Life After Google" and was a technical advisor to the HBO show Silicon Valley.
Muneeb Ali's 2019:
Blockstack made history this past year as the first-ever SEC-qualified token offering in the U.S., with a $23 million raise via Regulation A+. The process reportedly took 10 months of correspondence with the SEC and cost $2 million before the agency’s approval was secured. In August, Blockstack received a strategic investment from Recruit Holdings, the Japanese HR and tech giant, marking a path into the Asian markets made easier by the Stack token’s regulatory clarity.
What Cointelegraph expects for 2020:
Throughout 2020, we anticipate more Blockstack applications will be funded via the network’s App Mining program, in which $200,000 is allocated monthly to top projects in the Blockstack ecosystem. With the successful Reg A+ offering, the team will continue expanding the network’s reach in order to give value and utility to the Stack token now that it is live and active in the market.