Project
NewTendermint
Two companies will “hold complete independence from each other
According to a statement from Ignite and NewTendermint, the two companies will “hold complete independence from each other, with their own team, equity and funds.” All In Bits Inc., Ignite s parent company (in which Kwon holds a majority share), will only hold a minority stake in Ignite under the new deal..
Description sourced from
- coindesk.com
“According to a statement from Ignite and NewTendermint, the two companies will “hold complete independence from each other, with their own team, equity and funds.” All In Bits Inc., Ignite s parent company (in which Kwon holds a majority share), will only…”
Named in 2 pieces
CEO Changes
Peng Zhong Leaves Ignite as Layoffs Pass Half the Staff
Ignite's CEO announced his last day on July 1, 2022, the day CoinDesk reported cuts above 50 percent of the Cosmos builder's staff.
CEO Changes
Jae Kwon Steps Down as Tendermint CEO After Six Years
Jae Kwon, Tendermint Inc.'s founder, gave up the chief executive title on February 4, 2020, promising a company run by a decentralized 'Process' instead of one person.