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andrew levine

andrew levine

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Andrew Levine graduated from Villanova University School of Law and worked as the general counsel for a real estate corporation in New York for six years before deciding to pursue a career in crypto and blockchain. When he created GiverHub in 2012, one of the first sites to receive crypto donations for charity organizations, he was one of the industry's early participants. Levine is now the CEO of the Koinos Group.

 

Levine began the months leading up to the pandemic by resigning as head of communications and activism at Steemit, a blockchain-based social media site where he had worked for more than a year. The resignation came in response to Justin Sun's Tron purchasing the company in February, potentially putting the decentralized initiative at risk of centralized control.

 

But the entrepreneur didn't sit on his hands for long, forming OpenOrchard with six other developers who had also quit Steemit as a result of the acquisition. The blockchain company, which was created to build novel open-source products on top of Hive, was later renamed the Koinos Group and is now in charge of the Koinos blockchain.

 

The new blockchain is renowned for its modular upgradeability,' which Levine and his team believe is a vital step in blockchain technology's progress. The feature's goal is to eliminate the use of hard forks.

 

The Koinos Group is still growing as the demand for digital privacy grows, with many people looking to blockchain technology for answers. Levine, like the Ethereum blockchain's founders, hopes to build a network that appeals to developers eager to build applications, demonstrating that blockchain can "touch every corner of the technology realm."

 

As part of these efforts, the company has already begun the process of releasing the Koinos mainnet, and its native token, Koin, was just made mineable in the fourth quarter of 2020. The Koinos Group plans to complete the construction of the Koinos blockchain architecture in the first quarter of 2021, with the testnet following in the second quarter and the mainnet following in the fourth.