Tezos founders: "Development is moving forward"

Founders of Tezos project, Arthur and Kathleen Breitman, visited Money2020 in Las Vegas and assured investors that the future of the project is safe
26 October 2017   749

The founders of the Tezos start-up Arthur and Kathleen Breitman assured investors that the future of the project is not threatened. This was announced at the Money2020 conference in Las Vegas, CoinDesk reports.

Tezos Founders
Tezos Founders

The Breitmanns claim that, despite temporary difficulties, the development of the project continues. At the same time, the conflict situation may be resolved in the near future.

They also advised investors who invested $ 232 million in their project, not to panic and "rely on them."

Kathleen Breitman still noted the difficulties of the situation.

I mean, it stinks. It stinks. We're both really embarrassed about the situation. But we trust the process that we put in place, and I think it will be resolved in due course.
 

Kathleen Breitman

Co-Founder, Tezos

The conflict arose between Arthur and Keitlin Breitman, who owns the project code, and Johann Giewers, president of the fund that controls the funds raised during the ICO.

The Breitmanns accused Gavers of acting in their own interests, while Gevers himself argues that the organizers have entered into a criminal conspiracy and are trying to eliminate it. This situation led to significant drop of Tezos price - up to 75% in few hours.

It worth reminding that at the beginning of the week due to this conflict Tezos became the object of an official investigation initiated by a number of investors in the ICO of this project.

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SONM to Hold AMA for Community

SONM is rolling out the Questions and Answers session for the community once again on February 20, 2018, at 16:00 UTC
20 February 2018   162

SONM is the universal fog supercomputer powered by the Ethereum blockchain, designed for general-purpose computing, from mobile app hosting to video rendering to DNA analysis. Miners all over the world can leverage their idle computer power to become part of the SONM network.

SONM has announced in its official twitter account that it is rolling out the Questions and Answers session for the community once again on February 20, 2018, at 16:00 UTC.

SONM AMA announcementSONM AMA Announcement

The users can ask SONM team any questions using the hashtag #ASKSONM or on Sli.Do using the event code Z111. The team members will give answers to all users' questions on the official Youtube channel of SONM.

Currently, SONM is traded at such exchanges as Binance, Tidex, Liqui, KuCoin, OKEx, HitBTC, COSS, Yobit and EtherDelta.

At the moment of press, these are main market parameters of SONM:

Average price: $0,219646
Market cap: $78 984 702
24h volume: $848 344