Amazing Blocks appoints Sergej Stein as new Chief Executive Officer

We are happy to announce that Sergej Stein will join the Amazing Blocks team as the new CEO! Sofia Balogianni will continue in her role on the Board of Directors. With Sergej Stein, we are pleased to welcome an experienced blockchain expert with many years of experience in his new role. He will work closely with the Board of Directors and the entire Amazing Blocks team and is already a great asset. We congratulate Sergej Stein on this step and look forward to a successful future! — Author: Nicolas Weber

Dear Amazing Blocks community, It is with great pleasure that we introduce to you Sergej Stein as the new CEO of Amazing Blocks. As we enter 2021, Sergej Stein will be supporting us on our journey to become one of the leading tokenization companies. The last few months have been a period of great development and rapid growth. During its short history, our relatively young company has already achieved some notable milestones and the entire team is very proud of that! Together, we have set the course for a successful 2021 and to reflect this development, Sergej Stein will now actively support us as CEO. Sofia Balogianni will remain on the Amazing Blocks board of Directors and Amazing Blocks will be excellently represented with Sergej Stein as CEO. With his valuable and broad experience in the blockchain space, he is already excellently connected and will easily be able to support us in our day-to-day business from day one. Everyone at Amazing Blocks is very much looking forward to the collaboration! The entire Amazing Blocks team is working hard and with a lot of passion and heart to push the token economy forward! We wish you all a healthy and successful 2021!

Meet Sergej Stein, CEO of Amazing Blocks

Nicolas: First of all, congratulations to your new role, Sergej and thank you for taking the time for this interview. You have been successfully working in the blockchain space for many years now. Among others you have worked at the Frankfurt School Blockchain Center and an Ethereum based DeFi lending protocol, both well known in the scene. You later on started your own company, DLT Capital. And now you have decided to join Amazing Blocks as its new CEO. Would you like to start by telling us a little bit about your time in the blockchain space?

Sergej: Thank you, Nicolas! It is my pleasure. I have been interested in innovative technologies since I was little. In early 2016 I discovered blockchain and subsequently joined the space full time when realizing the potential of this disruptive technology. As you already mentioned, in 2017 I was Head of Finance at an Ethereum based DeFi protocol overviewing its successful fundraise and worked as a scientific researcher at the Frankfurt School Blockchain Center alongside Prof. Dr. Philipp Sandner. Additionally, since 2018 I have advised various STOs as well as private and public placements with DLT Capital GmbH, which I co-founded in January that year. Throughout this journey I have experienced the ups and downs of the blockchain space and realized the importance of real world use cases in line with regulatory compliance. This is what I find especially interesting about Amazing Blocks!

Nicolas: What were the main arguments that led to your decision to pursue a career in blockchain?

Sergej: To me, avoiding superfluous intermediaries and decentralization really excited me as I have from personal experience seen the need for better solutions. Especially in the earlier days it was at times difficult to fully grasp what blockchain is, as just about anyone was explaining it differently. However after digging deeper I realized the substantial influence it will have in terms of reshaping finance and the contemporary economy as a whole. I was very excited to work with a technology that will have a great impact on various industries. And it still excites me as the blockchain space is evolving so fast.

Nicolas: How did you come into contact with the topic of tokenization?

Sergej: The first touch points were made throughout the ICO craze in 2017, where I realized the enormous benefits and potential of the emerging token economy. Nevertheless I was not entirely satisfied, because I was frequently missing real world use cases for the issued tokens. Later in 2018 I was approached by partners in my network regarding STOs due to my fundraising and deal structuring knowledge and consequently decided to shift my focus fully to the tokenization sector.

Nicolas: Which asset do you find particularly exciting and why?

Sergej: What I find so exciting about tokenization is that it’s not just us, the so-called experts, who are thinking about what can be tokenized. My perception is that the more people understand at least a little bit what blockchain and what tokenization actually is, the more people approach us with new ideas. For me, this means that new exciting use cases are always being discussed. For me personally, the tokenization of real estate is very exciting! But I also find exotic ideas like the tokenization of diamonds or patents very interesting! But overall, I would like to use the name of the Amazing Blocks Podcast: Tokenizing Everything! This is the truly exciting thing, that in the future almost everything can be tokenized. So it’s very clear to me that tokenization has to be the logical next step for many different assets. Transforming previously illiquid assets into assets that can be traded 24/7 and allowing anyone to invest in their dream car or favorite collectible is, to me, a game changer for the financial world as a whole. Now value and lucrative performance can be combined.

Nicolas: How has your life experience shaped you?

Sergej: I have always had an entrepreneurial spirit and the desire to work harder than the person next to me in order to reach my goals and dreams. This was fostered by surmounting obstacles throughout my life which made me the person I am today. I have traveled a lot and worked a couple of years as a digital nomad in for instance Indonesia and Russia, which helped me grow as a person and see the different perspectives of life. Getting to know other cultures and experiencing globalization first hand helped me a lot to adapt easily and always be able to understand the person next to me. This helped me tremendously to attain leadership skills for my tenure as CEO of Amazing Blocks.

Nicolas: What are your biggest influences in life?

Sergej: I have always been blessed to have great mentors in my life guiding and pushing me forward. A special thank you here to my mother of course. Many influences came also from reading a variety of books on different subjects as well as listening to podcasts of great people I admire. Apart from this, studying at the Frankfurt School of Finance and Management has also significantly helped me move forward and connect with like-minded entrepreneurs.

Nicolas: What fascinates you about the software of Amazing Blocks?

Sergej: The holistic approach supporting the entire life cycle of tokenized assets. Sure, tokenization platforms have been around for quite some time already, but we actually operate in line with the Liechtenstein Token Act and therefore efficiently merge tech and law in our solution. The digital share register being compliant with the regulations in Liechtenstein and combining on and off chain data is a great embodiment of this. Furthermore, fundraising for tokenized assets and managing your digital legal entity with a few clicks are features that I am very proud of. Our software can bridge the gap between the traditional world of finance and blockchain and thus allowing the emergence of the token economy.

Nicolas: What is the USP of Amazing Blocks?

Sergej: Regulatory compliance, true equity tokens — digital shares in the form of ERC20 tokens — with EU-passporting that are considered a normal security from a foreign point of view, a prospering and supportive ecosystem we can provide our clients with that covers every aspect of tokenization and of course the Liechtenstein Token Act we leverage as a first mover which is years ahead when comparing it to other jurisdictions.

Nicolas: Where is currently the interest from the industry coming from?

Sergej: Real Estate is one of the most talked about use cases in the industry right now. Other than that, we are also seeing increased interest for collectibles like classic cars, commodities and machines. But I believe once more people realize the full potential of tokenization, just about any possible use case will be demanded.

Nicolas: What are you most proud of at Amazing Blocks and where do you see potential for improvement?

Sergej: I am most proud of our unique growth since our foundation in August 2020, the partnerships with industry leaders we established and the clients we secured. But most importantly I want to congratulate the Amazing Blocks team to their work!. Everyone is working on the same goals and share the same enthusiasm for blockchain. How this team managed to establish a new company in a global crisis we are experiencing now is remarkable.. I want to invite everyone who is interested in Amazing Blocks to feel free to reach out to one of the team members to get in contact with us!

In terms of improvements, I think there is always room for that. I want to continue the successful work and look forward to new use cases, interesting clients and new partnerships! We will most likely adapt to the fast growth of Amazing Blocks which could ultimately result in a growing number of employees. Another focus will be to continue to contribute to the education about blockchain of the traditional world of finance and show the path to the token economy.

Nicolas: Is there anything else you’d like to share with the Amazing Blocks community as you begin your new role?

Sergej: I am looking forward to a successful and exciting time at Amazing Blocks! In my opinion, there are exciting years ahead in the blockchain space and I am highly motivated to shape these times positively with Amazing Blocks! I am looking forward to working with the whole team! Those who know me know that I am always open to criticism, suggestions and new ideas — so I would like to invite everyone in the Amazing Blocks community to a lively discussion! Let’s work together to make the token economy a success!

Nicolas: Thank you for this amazing interview!

Sergej: Always a pleasure! Stay positive and healthy!

Remarks

Do you like this article? We would be happy if you share it on social networks or forward it to your colleagues. If you are an expert in the field and want to comment or endorse the article or some parts of it, feel free to leave a private note here so we can address it properly. Thank you.

Amazing Blocks offers a tokenization solution that enables its clients to tokenize various assets according to the Liechtenstein Token Act (software-as-a-service). The software covers both the issuance of tokens and investing in tokens. It suits the needs for tokenizing all kinds of assets (e.g., machines, cash flow generating contracts, trademarks, real estate, cars). Imagine that some asset should be tokenized. For this asset various tokens would make sense: Equity tokens, debt tokens, participation rights as tokens, ownership tokens, or any mixture of these tokens. The software of Amazing Blocks helps issuers to handle multiple assets and to issue multiple tokens for these assets. This is possible by integrating blockchain technology with the law (i.e., the Liechtenstein Token Act). At the core, there is the “digital legal entity in Liechtenstein” based on “tokenized shares” which allows a very efficient foundation, a very efficient operation of the company and, thus, an efficient and flexible possibility to tokenize assets. This should now make a wide variety of tokenization projects possible, because the costs for tokenization are significantly reduced.

Interested? Then, contact us! Are you interested in what Amazing Blocks is doing? Visit our website, write an email to hi@amazing-blocks.io, or follow us on LinkedIn or Twitter. Or provide your email address here and we will immediately send you more information.

Digital legal entities in Liechtenstein based on true equity tokens to tokenize any asset in a standardized way to save time and money. - www.amazingblocks.io