Sam Kazemian facts for kids
Quick facts for kids
Sam Kazemian
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Sam Kazemian in 2024
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| Born |
Sam Hamidi-Kazemian
February 12, 1993 |
| Education | University of California, Los Angeles |
| Occupation | Founder of Frax Finance |
| Known for | Founding Frax Finance & Co-founding Everipedia |
Sam Kazemian, born on February 12, 1993, is an American computer programmer. He is known for starting Frax Finance, which uses a special type of digital money called a 'stablecoin'. Before that, he helped create Everipedia, an online encyclopedia that works like a wiki.
He started Everipedia with Theodor Forselius in December 2014. Later, he became its President. In 2019, he began working on Frax, which uses a type of digital money called a 'fractional stablecoin'. By January 2022, Frax was one of the top 5 largest stablecoins in the world.
About Sam Kazemian
Early Life and School
Sam Kazemian went to Westlake High School in California. He was part of the athletics team there. When he went to the University of California, Los Angeles (UCLA), he joined the UCLA Powerlifting team. He was on the team from 2012 to 2015. He finished his studies at UCLA in 2015.
His Work and Projects
Sam Kazemian started Everipedia as a small project in his college dorm room at UCLA. He launched it with Theodor Forselius in December 2014.
In 2017, Sam explained that older online encyclopedias used very old software. He wanted Everipedia to be a new, modern online encyclopedia. He aimed to use new tools to build a wiki for everything.
In 2019, Sam Kazemian started Frax. This is a system for a type of digital money called a stablecoin. In 2023, the magazine Forbes recognized Sam for his work with Frax. They included him in their "30 Under 30" list for finance. This was because Frax grew a lot and made a lot of money in its first year.
In 2022, Sam Kazemian and Balaji Srinivasan came up with a new idea for digital money. They called it 'flatcoins'. These flatcoins are linked to the cost of everyday things, like groceries, instead of a country's money. Frax released the first flatcoin in 2022, which was called the Frax Price Index.
Personal Life
Sam Kazemian is a first-generation immigrant. His family came from Iran.
