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Monday, June 10, 2024
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io.net co-founder resigned immediately

Accordingly, in the latest announcement from the CEO Ahmad Shadid of io.net, he announced on the platform that he would step down as CEO of io.net, effective immediately.

Evgeny Gaevoy claims io.net has become one of the fastest growing decentralized AI companies in the world. After consideration, he decided to hand over the CEO position to Tory Green for the benefit of the community and the project.

Gaevoy stepped down to allow io.net to grow without interruption, focusing on the growth and success of the company. He also announced a $1 million IO donation to io.net’s GPU Internet Foundation to support ecosystem development.

Io.net CEO Ahmad Shadid suddenly announced his resignationIo.net CEO Ahmad Shadid suddenly announced his resignation
Io.net CEO Ahmad Shadid suddenly announced his resignation

Not long after this statement, io.net’s official website immediately removed Ahmad Shadid’s name and replaced it with Tory Green according to the announcement.

Ahmad Shadid, in connection with unclear allegations in the past, has resigned as CEO of Io.net. This decision is intended to separate personal controversies from the development of Io.net, especially when the project is in the IO token airdrop phase and preparing to open for sale on Binance on June 11.

Read more: What is io.net? Project details are supported by many large investment funds

Mark Tyson
Mark Tyson
Freelance News Writer. Always interested in the way in which technology can change people's lives, and that is why I also advise individuals and companies when it comes to adopting all the advances in Apple devices and services.
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