New Castle, DE, June 06, 2018 (GLOBE NEWSWIRE) -- OptDyn™, makers of Subutai™, the world’s first intelligent Blockchain enabled Peer-to-Peer (P2P) Cloud computing platform, today announced that David Drake has joined the company’s Advisory Board.
David Drake is a lauded proponent for blockchain, cryptocurrency, and ICOs (initial coin offerings). Recognizing the value of digital assets long before becoming ubiquitous, Drake collaborated on the JOBS Act in 2011 to create new laws underlying all ICO fundraising in the United States. His $200M LDJ Cayman Fund focuses on cryptocurrency, mining, and ICO acquisitions. He joins advisors Simon Cocking, Jeff Carr, David Rusling, and Benedict O’Mahoney, who provide expertise in blockchain/cryptocurrency market, Cloud computing, Internet of Things (IoT) and blockchain law respectively.
Drake says, "As with any online business, security has always been a priority. Many have been questioning the performance of the Cloud computing platform amidst all the hacking. Subutai, OptDyn’s brainchild, has the potential to provide the security that large companies are looking for, in a decentralized ecosystem. I am excited to be part of their advisory board and share my expertise of the crypto world."
"OptDyn continues to attract and engage the best of breed professionals in the Cloud and Blockchain communities," said Alex Karasulu, CTO and Founder of OptDyn. "David is one of the most respected and capable advisors and investors in the industry. We are honored to be working with him and LDJ Capital."
Drake, through his family office LDJ Capital, has acted as GP and LP investor with his partners in fund-of-funds, realty funds, venture capital funds, and hedge funds. Drake's investments currently have 50+ global directors that maintain relations with institutions and family offices with access to over a trillion in assets.
Drake, through LDJ Capital, manages and co-invests in alternative assets with the top 30 family offices out of his 5,000 family office and institutional investor reach. These top 30 are 40% from Asia, 20% from Europe, 20% from the Americas, and 20% from the Middle East.
Drake’s access with 100,000 investors is maintained through his media asset, The Soho Loft Media Group, which has produced & sponsored over 1500+ finance conferences since 2002 like the events with institutional media leader Thomson Reuters and with sponsors from NASDAQ, NYSE, KKR, and the Carlyle Group.
LDJ Special Situations partners have invested $100 Million in Alibaba and Palantir. LDJ Real Estate strategy is set to acquire Class A core rental properties and hotels.
Drake is a digital automation advocate for private equity as he lobbied the US Congress on the JOBS Act since 2011. He represented the US Commerce Department at the EU Commission in Brussels and Rome in 2012, was invited to the White House Champions of Change ceremony in Washington, D.C., and, was a speaker at the UK Parliament in 2013.
About Subutai™
Subutai, the world's first intelligent Peer-to-Peer Cloud computing platform, opens the $760+B Cloud and Internet-of-Things ecosystem through decentralized, self-adaptive, and cost efficient infrastructure that connects end users and devices more effectively along the continuum. Developed by Open Source trailblazers, Subutai disrupts and democratizes the Cloud, allowing users to easily participate in the crypto economy through energy-efficient cryptocurrency mining and frictionless commoditization of idle computing resources. Businesses using Subutai can instantly raise and operate a sharing economy for countless applications using KHAN™, its Ethereum blockchain reserve currency token. Subutai is being deployed across the $1.5T global telecommunications and $60B Web Hosting/ISP markets, among many other industries. Visit https://subutai.io/ and https://twitter.com/Subutai_KHAN for more information.
About OptDyn, Inc.
Founded in 2013, OptDyn is the company behind Subutai™, the intelligent platform that brings Open Source Peer-to-Peer (P2P) Cloud computing, Internet of Things (IoT), and cryptocurrency mining for everyone. Unlike many companies whose promises lack a working product backing their claims, Subutai is proven, mature (v7.0), solves real-world problems, and is ready to use today. OptDyn is based in the United States with distributed teams in Europe, Asia, and South America. For more information, visit https://optdyn.com/ and https://twitter.com/optdyn
© OptDyn, 2018. "OptDyn", "Subutai" and "KHAN" are trademarks of OptDyn, Inc. "Subutai PeerOS", "Subutai Bazaar", "Subutai Blockchain-in-a-Box", and "Subutai Blockchain Router" are branded products of OptDyn, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
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