as its first chief financial officer as it looks to expand its growth strategies and capital management.
"One of my first priorities will be to help identify strategic growth areas with the leadership team, and then ensure we have the right financial plans in place to go after them," Commons said in a statement. Commons, who is a Chartered Financial Analyst and holds an MBA from Harvard Business School, previously was president at Commons Inc., an executive advisory firm that included clients both in the cryptocurrency and technology industry, according to the statement. Prior to that, he was the CEO, chairman and co-founder of Cambridge Blockchain, which built blockchain products for traditional finance firms.
"He [Commons] understands blockchain technology, has been a successful entrepreneur and CEO within our industry, managed high-performing teams, led strategic planning and corresponding capital raises, executed [mergers and acquisitions] activities and worked extensively with the investment community," said W. Sean Ford, interim CEO of Algorand.
The former chief operating officer of Algorand, Ford was elevated to the CEO role last year after previous CEO G. Steven KokinosAlgorand, a proof-of-stake layer 1 blockchain, was founded in 2017 by MIT professor and cryptographer Silvio Micali. The protocol is designed as a payments-focused network, focusing on transaction speed and scalability., to support cross-chain communications as well as increase transaction speed to 6,000 transactions per second from 1,200.
Algorand Aoyon_A Not sure, but I didn't think a decentralized coin/token/blah blah blah required a CFO, Odd behavior.
Algorand Aoyon_A So much for decentralization LOL
Algorand Aoyon_A Sounds like an unregistered security to me
Algorand Aoyon_A It’s called a spreadsheet
Algorand Aoyon_A Clawback me baby
Algorand Aoyon_A iTs NoT a sEcUrItY aLrIgHt!! jUsT aSk OuR cFo HoW dEcEnTrAlIzEd iTizzz..
Algorand Aoyon_A very defi
Algorand Aoyon_A A decentralized CFO of course… you have to say the word decentralized
Algorand Aoyon_A CORRECTION: Layer 1 cetralized database Algorand hires its first CFO to help grow the network.
Algorand Aoyon_A Greaaaaaaaat
Algorand Aoyon_A DINO in both ways. Dinosaur coin . AND dino as in decentralized in name only
Algorand Aoyon_A
Algorand Aoyon_A Self owns continue
Algorand Aoyon_A Lol
Algorand Aoyon_A Decentralized 😂😂😂😂🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
Algorand Aoyon_A Hi. Dont FOMO into the Clinton's exit liquidity.
Algorand Aoyon_A reminds me of the actor in F&F Tokyo Drift. :))
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