Standard DAO, an ESG Crypto Organization, Welcomes Sam Gaer as Advisor
May 06, 2022 at 15:53
Standard DAO, an ESG crypto organization that has introduced Standard, the first decentralized and diversified treasury that contains Standard Assets ($SDA token), is happy to announce that Sam Gaer has joined the Standard DAO Advisory Board. Mr. Gaer is the founder, CEO and CIO of Katana Financial LLC, a quantitative investment manager focused on cryptocurrency market making and liquidity provision strategies.
Sam has served in several executive leadership roles in the financial industry. From 2010 to 2012, he served as executive vice president and CIO of the Financial Industry Regulatory Authority, Inc. (FINRA), where he was responsible for all aspects of information and technology services of the country's largest financial market regulator. From 2008 to 2010, he founded Tragara Alpha Partners LLC, a high frequency energy arbitrage proprietary trading firm, in 2013 he established Locust Walk Trading LLC, a financial markets software development firm, and in 2017 he founded Katana Financial LLC.
During his tenure at the New York Mercantile Exchange (NYMEX), from 2003 to 2008, he held various executive positions of the firm, such as: CIO, CEO of NYMEX Europe, and Executive Vice President. He played a key role in moving NYMEX towards electronic trading, as well as its historic IPO, and the eventual sale of the firm to Chicago Mercantile Exchange for $13 billion in 2008. Prior to his work at NYMEX, Sam was the founder and CEO of TradinGear.com Inc., a software development firm whose assets were acquired by NYMEX in 2003.
Sam began his career on the trading floor of the Commodities Exchange Inc. (COMEX) at the age of 15. When he was 21 years old, he became one of the youngest members of the Exchange and still holds a seat at COMEX. He has been a member of the CFTC Technology Advisory Committee and a Global Vice Chair of the FIX Protocol Derivatives Committee. Additionally, he was granted two technology patents and has received several industry awards, including twice being named in CIO Magazine’s “CIO 100” list.
Standard DAO is on a mission to elevate the standards of living for people around the world by solving their most pressing financial problems and giving them the chance to invest in a store of value that increases over time.
Standard is the first decentralized and diversified treasury that contains Standard Assets represented by a Standard Digital Asset ($SDA token). A Standard Digital Asset is backed by the strongest digital and real-world assets to create a true store of value. The real and digital assets that form the backbone of Standard, which also focuses on ESG (Environmental, Social, and Governance) mandates, including housing, energy, carbon, infrastructure, and technology.
Blockchain is the underlying technology allowing true community-led impact investing. Blockchain-enabled decentralized autonomous organizations connect the shareholder to ensure that all activity is fully transparent and public, encourage community-based investment decisions, have low operational costs, optimize access to liquidity, and enable worldwide participation. Traditional entities and crowdfunding fall short in their focus on impact as traditional companies are limited by fiduciary duty to their shareholders, while platforms like GoFundMe fail to align long-term incentives between stakeholders and communities receiving impact.
The reliance on blockchain technology and the true store of value allows Standard DAO to fulfill its mission to uplift the most vulnerable and down-trodden people in society through the structure of community-based investing. The presentation published by the company states its mission in 6 parts: asking bigger questions to take bigger actions, together, helping people experience and establish financial security, enabling economic and societal prosperity, paving the way for a better tomorrow, today, addressing basic needs, and providing equal opportunity to all.
A spokesperson goes on to answer why Standard DAO is best suited to solve the unique financial challenges of the current world economy by saying, “Standard represents the strongest store of value on the market today. It is backed by a combination of safe and secure digital as well as real-world assets. This move makes it a more secure vehicle for growth than any other venture of its kind. This structure also allows Standard DAO to provide significant value to holders, such as, consistent asset growth, competitive returns to traditional markets, greater returns for early adopters, highest dollar-for-dollar value, growing yields (APY), and stability. Standard DAO also benefits its investors by giving them asset-backed value, increased returns with the age of membership, rewards, voting rights, and access to an enthusiastic community.”
People who would like to know more about the SDA token can visit the Standard DAO website, or contact them through the telephone or via email.
For more information about Standard DAO, contact the company here:
12 Chalwell Street Road Town Tortola VG1110 British Virgin Islands