ParaSpace Team's "Infighting" May Resolve; Co-founder Jay Yao Resigns

ParaSpace Team's "Infighting" May Resolve; Co-founder Jay Yao Resigns

NFT lending protocol ParaSpace's co-founder Jay Yao posted on Twitter, "Earlier today, I resigned from my position at ParaSpace along with other team members. Although we are still working hard to complete our solution, I want to take some time to apologize to the community because our internal affairs have affected our users - this was never meant to be a public issue, and it should have been resolved internally. I am sorry that I did not do this. I sincerely hope that Yubo and ParaSpace can move forward."

Previously, on the 17th, ParaSpace founder Yubo said on Twitter that Jay Yao and Thomas Schmidt had agreed to hand over the multi-signature and official Twitter account permissions, but they asked to be recognized for their contributions to the project and retain the title of co-founder. The two will leave the team after signing an agreement between both parties.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

NFT MarketPlace

Related News
NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2 NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2
BendDAO Launches BRC-20 Token BDIN, Set to Launch BRC-20 Cross-Chain and Lending BendDAO Launches BRC-20 Token BDIN, Set to Launch BRC-20 Cross-Chain and Lending
NFT Market Recovering with Blur Dominates 80% of Market Share NFT Market Recovering with Blur Dominates 80% of Market Share
Latest News More More
1 Day Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
1 Day Ago Fetch.ai launches $10M accelerator for AI agent startups
2 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
3 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open