Erik Karu

Co-founder at Aufort

Erik Karu is the Founder & CEO of iRaha, a company specializing in on-demand 3D printing of sustainable branded jewelry in precious metals. Erik is also the Co-Founder & Advisor of Cloud Factory - 3D printed jewelry. In addition to their entrepreneurial endeavors, Erik has a background in online marketing and affiliate management, having held various positions at Olympic Entertainment Group. Erik co-founded Emahool OÜ and has educational background in personal financial planning, money laundering risk management, private loan management, business administration, and economics from University of Tartu and Estonian Business School.

Location

Tallinn, Estonia

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Aufort

Most currencies like euro and dollar have lost more than 90% of its value because of the inflation. Currently, people have about 20 trillion euro in savings in bank accounts. This money is losing its value and purchasing power because of the continuous currency printing. Gold has been the most secure currency throughout history. But owning physical gold can be expensive and troublesome. So we at Aufort created a digital asset that is fully backed by physical gold which is stored in a high security and audited vaults. It enables to store savings in gold and use it as a daily currency that is protected from the inflation. Aufort is built on a transparent distributed ledger technology (blockchain) and easy to use eCommerce platform that makes it unique and accessible for everybody.


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Headquarters

Tallinn, Estonia

Employees

1-10

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