Sam Kazemian facts for kids
Quick facts for kids
Sam Kazemian
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Sam Kazemian in 2018
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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 Hamidi-Kazemian (Persian: سام حمیدیکاظمیان) was born on February 12, 1993. He is an Iranian-American computer expert and founder. He is best known for creating Frax Finance. This is a special kind of digital money system.
Before Frax, Sam helped start Everipedia. This was an online encyclopedia, like Wikipedia, but built with new ideas. He started Everipedia with Theodor Forselius in December 2014. Later, he became its President. In 2019, he began working on Frax. This project deals with a type of digital money called a "stablecoin." By early 2022, Frax was one of the biggest stablecoins in the world.
Contents
About Sam Kazemian
Early Life and School
Sam Kazemian went to Westlake High School. While there, he enjoyed playing sports. He also joined the UCLA Powerlifting team from 2012 to 2015. He finished his studies at the University of California, Los Angeles (UCLA) in 2015.
Starting His Career
Sam Kazemian began Everipedia as a small project. He worked on it from his dormitory room at UCLA. He officially started Everipedia with Theodor Forselius in December 2014. Their goal was to create a modern online encyclopedia. Sam wanted to use new tools to build a wiki for everything.
In 2019, Sam Kazemian created Frax. This is a special system for digital money called a stablecoin. In 2023, the magazine Forbes recognized Sam. They put him on their "30 Under 30" list for finance. This was because Frax grew a lot and made a lot of money in its first year.
New Ideas in Digital Money
In 2022, Sam Kazemian and Balaji Srinivasan came up with a new idea. They created a type of digital money called "flatcoins." These coins are different because their value is linked to the cost of everyday things. This is measured by something called the Consumer Price Index. This means their value changes with how much things cost. Frax made the first known flatcoin in 2022. It was called the Frax Price Index.
Personal Life
Sam Kazemian is from an Iranian family. He is a first-generation immigrant. This means his family moved to the United States from Iran.
