Andrew Jonathan Masanto (born May 17, 1982) is an entrepreneur. He co-founded two of the top 100 cryptocurrencies, Hedera Hashgraph in 2017 and Reserve in 2019.[1] He and his brother Christopher Masanto also co-founded Pet Lab Co, a fast growing pet company in the United States in 2021.[2]

Andrew Masanto
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Born(1982-05-17)May 17, 1982
Jakarta, Indonesia
Alma materUniversity of Sydney
Occupation(s)Lawyer and technologist

Early life and education

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Masanto was born in Jakarta, Indonesia. He and his family moved to Australia when he was two. After high school, he enrolled at the University of Sydney, undertaking a dual degree in Commerce and Law, and graduated with First Class Honors and Dean’s List in both degrees in 2005.[3][4]

Career

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Andrew Masanto started his professional career in 2006 as a lawyer at Linklaters, a Magic Circle law firm based in London.[4]

In 2017, Masanto partnered with Mance Harmon and Leemon Baird from Swirlds to work on Hedera Hashgraph, a public distributed ledger based on the Hashgraph algorithm.[5] Hedera (HBAR) is the native cryptocurrency of the Hedera Hashgraph system – a uniquely structured technology that is claimed to be faster, more efficient, and secure than blockchain technology. Hedera uses its own ‘Gossip’ protocol, where each node on the network communicates with every other node on the network to record and authenticate transactions. The network of individual transaction data, each connected to all other data, creates a Directed Acyclic Graph (DAG), which is the backbone of the Hashgraph Consensus Mechanism. The Hedera Hashgraph has a governance system comprising 39 industry leaders spread across geographies and 11 different sectors, including Google, Boeing, IBM, Deutsche Telekom, LG, Tata Communications, Dell, DBS Bank, etc.[6][7]

Following this, in 2018, he joined the Reserve project as the Founding Chief Marketing Officer, aiming to create a stable digital currency.[8]

Also in 2018, he launched a pet company - PetLab Co with his brother Chris Masanto and Damian Grabarczyk, a webshop that sells a wide range of vitamin supplements, treats, chews, grooming products, and accessories for pets.[9][10]

In 2021, he co-founded Nillion with Dr. Miguel de Vega, with the ambition of advancing decentralised infrastructure through an innovation in Multi Party Computation (MPC) technology.[11]

Alongside his tech ventures, Masanto enrolled at ICON Collective music school and initiated the ANONA movement. This movement, fostering online collaboration between artists and non-artists, gained popularity during the Coronavirus Pandemic.[12][13]

Masanto is also actively involved in the biohacking and longevity community, running a group called biohackinggroup.com, and sharing insights on health and longevity.[14]

He is also a board member of Cornerstone Capital Inc, a New York based investment firm, which offers investment banking, strategic consulting and wealth management services.[15]

References

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  1. ^ "Unlocking Human Potential: The Rise of Biohacking and the Visionary Journey of Andrew Masanto". harpersbazaar. Retrieved 2024-03-05.
  2. ^ FinSMEs (2021-04-22). "SportsIcon Raises Seven Figure Funding". FinSMEs. Retrieved 2024-01-31.
  3. ^ "Andrew Masanto". Concordia. Retrieved 2024-01-31.
  4. ^ a b "Andrew Masanto - Co-Founder at NFT.com". THE ORG. Retrieved 2024-01-31.
  5. ^ "Hedera's Journey". Hedera. Retrieved 2024-01-31.
  6. ^ "What is Hedera and how is it different from existing blockchain technologies?". CNBCTV18. 2022-02-07. Retrieved 2024-03-30.
  7. ^ "The Hedera Council | Hedera". Retrieved 30 March 2024.
  8. ^ "The Blockchain Revolution: Reshaping the Web3 Era with Andrew Masanto". www.gq.co.za. Retrieved 2024-01-31.
  9. ^ Staff, Entrepreneur (2021-06-09). "How Their Childhood Dog Inspired Two Brothers to Create the Fastest-Growing Pet Company in America". Greenwich Time. Retrieved 2024-01-31.
  10. ^ Faux, Zeke (2023-09-12). Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. Orion. ISBN 978-1-3996-1137-4.
  11. ^ "The NILLION Project launch at the University of Cambridge". 3 December 2021.
  12. ^ Staff, OK! (2024-01-18). "Andrew Masanto and ANONA: A New Era of Art Collaboration". OK Magazine. Retrieved 2024-01-31.
  13. ^ Raiees, Qudsiya. "The Enigmatic Innovator? Unpacking the Success and Claims of Andrew Masanto". Fabsmag. Retrieved 2024-05-22.
  14. ^ "The Man Who Biohacked His Way to Billions: Andrew Masanto". Grazia USA. 2023-05-15. Retrieved 2024-01-31.
  15. ^ "Andrew Masanto, Cornerstone Capital Inc/NY: Profile and Biography". Bloomberg.com. Retrieved 2024-03-30.