What Is Nader Al-Naji’s Net Worth?
|Source of Wealth
|Entrepreneur, founder of Basis and Bitclout
Nader Al-Naji is an American software engineer and entrepreneur based in Hoboken, New Jersey. His fortune is expected to be worth $50 million in 2022.
He is the founder of the cryptocurrency project Basis, which aimed to create a stable cryptocurrency with an algorithmic central bank. He is also a founder of Bitclout.
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Let’s explore some additional fascinating facts about Nader Al-Naji now that we are aware of his net worth.
Nader Al-Naji Biography/ Wikipedia/ Wiki
|As known as
|30 years old
|Entrepreneur, Software Engineer
How was Nader Al-Naji’s Early Life and Education?
Nader Al-Naji grew up in Alexandria, Virginia, and attended Thomas Jefferson High School for Science and Technology before graduating in 2010.
He studied at Princeton University, where he competed in two entrepreneurship competitions and was a member of the varsity rowing team.
Due to the free electricity available on campus during his senior year of college in 2012, Nader mined Bitcoin and was able to amass 22 Bitcoins from his operation in his dorm room.
He received a BSE in computer science and a minor in Applied and Computational Mathematics in 2013, a year early from summa cum laude.
How Did Nader Al-Naji Start His Career?
After graduating, Nader began working for D.E. Shaw & Co. as an intern. Later, he was promoted to associate.
He started out working on ads when he joined Google in October 2014 but was later transferred to core search.
In 2016, he became re-interested in it when he saw that the price of Bitcoin was once again increasing.
He began working on the Basecoin project in July 2017, which later evolved into Basis, a stablecoin cryptocurrency project.
Basis raised $133 million from institutional investors including Bain Capital, Google Ventures, Andreessen Horowitz, Polychain Capital, Stanley Druckenmiller, Pantera Capital, and others.
Basis halted the project in 2018 due to regulatory concerns and returned funds to investors. However, according to his LinkedIn profile, Al-Naji was the CEO of Basis from 2017 to 2020.
Nader founded the DeSo Foundation in January 2019 which is a new layer-1 blockchain designed to decentralize social media and scale storage-heavy infinite-state applications to one billion users.
Al-Naji introduced BitClout, a decentralized social media platform that tokenizes tweets, in 2021. The website uses Bitcoin to increase a user’s social standing by allowing users to exchange posts for money.
As of April 2021, backers had invested more than $100 million in the venture.
Nader Al-Naji’s Personal Life
Nader Al-Naji currently resides in Austin, Texas, United States.
There is no information about Nader’s personal life.
How Does Nader Al-Naji Make His Money?
The following are his main revenue sources from which he has made $50 million:
- Earning as an Entrepreneur
- Earning as a Founder of Basis and Bitclout
- Earning as a Crypto Investor
Nader Al-Naji Social Media Profiles
Success Lessons Nader Al-Naji
- Change the world the way you want.
- Create your own ideas.
Nader Al-Naji is a software engineer and entrepreneur based in Hoboken, New Jersey. He founded the cryptocurrency initiatives Basis, BitClout, and the DeSo Foundation.
I hope his story has motivated you to take the first step toward achieving your goals.
As per recent updates, the net worth of Nader Al-Naji is $50 million…!
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Frequently Asked Questions
Here are some of the frequently asked questions about Nader Al-Naji, such as age, weight, height, biography, girlfriend, etc…
Who is Nader Al-Naji?
Nader Al-Naji founded the DeSo blockchain, a new layer-1 blockchain intended to decentralize social media and scale storage-heavy infinite-state applications to one billion users.
What is Nader Al-Naji’s net worth?
The net worth of Nader Al-Naji is projected to be more than $50 million.
What is Nader Al-Naji’s age?
Nader Al-Naji is 30 years old.
What is Nader Al-Naji’s height?
There is no information about his height.
What is Nader Al-Naji’s relationship status?
Nader Al-Naji might be dating but there is no information about his personal life.
Where is Nader Al-Naji from?
Nader Al-Naji is from Austin, Texas, United States.
Who owns BitClout?
Nader El-Naji, the founder of BitClout, asserts that his most recent project will be enormous for DAOs despite the fact that two of his earlier endeavors are all but dead.
How much Bitcoin or cryptocurrency does Nader Al-Naji own?
Nader Al-Naji owns a substantial amount of cryptocurrency and bitcoin, but the exact amount is unspecified.
(PS: This is not Nader Al-Naji‘s precise net worth.)