Top Managers to Leave to Block.one

Six managers are going to launch own blockhain project StongBlock
26 September 2018   2682

Six people left the top management of the crypto start-up Block.one. As CoinDesk writes, top managers have teamed up to create their own blockchain project StrongBlock.

Senior Vice President of Technology Operations David Moss, vice president of product Thomas Cox, vice president of infrastructure Brian Abramson and senior technology director Cory Lederer joined Block.one in 2017. During this period, the company through raised $ 4 billion thru ICO to create a decentralized environment for running EOS applications.

Now, together with freelance developers John Eric-Cook and Michael Mason, they will work on the development of a blockchain marketplace, which they could not realize in Block.one.

In August, David Moss, CEO of StrongBlock, compared the EOS blockchain with
by plane Boeing 787, and StrongBlock called "a factory of 787-x, manufactured on an individual order."

Currently, StrongBlock works in secret mode. The date of release of the new product is not reported.

In July, Block.one, which controls 10% of the total emission of EOS tokens, announced participation in the voting for block producers.

SEC to Unveil New List of Probable TON investors

One investor in this list is a ex-member of the managing board of the Bitcoin Foundation and partner of Ribbit Capital Mayer Malka
27 January 2020   477

Some names of large investors and the names of investment companies that could take part in the $ 1.7 billion token sale of the Telegram blockchain project became known, CoinDesk reportes with reference to documents issued by the US Securities and Exchange Commission (SEC) in the framework of the current proceedings.

One such investor is a former member of the managing board of the Bitcoin Foundation and partner of Ribbit Capital, Mayer Malka. He during the testimony at the beginning of the month mentioned Telegram CEO Pavel Durov.

Answering a question about whether Telegram is known for investors who can take on the role of validators in the TON PoS blockchain, Durov said:

We didn't put together a separate list of the purchasers who we would assume have experience in validating other networks, although it was obvious that certain investors… such as, for example, Micky Malka that we have discussed earlier, might… have experience in these processes of validation or at least were closely affiliated with parties that had experience in such processes.

 

Pavel Durov

Telegram CEO

In addition, Telegram Vice President Ilya Perekopsky, in one of his reports, named David Jan, the founder of ABBYY, a linguistic solutions development company, among potential investors. According to the correspondence published by the SEC, Ian asked Perekopsky if he could get an allocation in the ICO if he contacted Telegram directly without intermediaries in January 2018. “100 percent,” replied Perekopsky.

Also, TON investors could become the American funds Kleiner Perkins, Fortress, Draper Dragon, Dragoneer, DRW Holdings and Redpoint. This follows from the testimony declarations affixed by the SEC to the recent petition. In eight declarations, TON investors explain what prompted them to purchase Gram tokens. Company names have been removed from all documents, but they have remained in the file names. Sources familiar with the situation confirm that they really could take part in the ICO.

Most of the witnesses interviewed by the SEC indicated that they were interested in the possibility of supporting the Telegram project in the ICO TON, while the messenger itself does not accept funding for its main business. The announced investment amounts are on average $ 5-10 million. At the same time, Kleiner Perkins was initially offered an allocation of $ 15 million, but the company managed to agree on a twice as large investment, it follows from the submitted documents.