ChainCatcher news, The Block co-founder Mike Dudas announced on social platform X that he has resigned from his role as an advisor to Aptos. 'Since my good friend Mo Shaikh co-founded this project, I have been an advisor to Aptos since 2022. This is the only crypto project I have advised. As of today, I will resign from my advisory role and request Aptos to transfer my advisor tokens to Coin Center.'
'My commitment to being an advisor to Aptos predates my time as a full-time venture capitalist and postdates my time as founder of The Block. This position is one I accepted to support a person and mission I deeply believe in. I have always valued and supported the idea that substance is more important than appearance. I will continue to uphold this.'
ChainCatcher previously reported, according to CoinDesk, that Mo Shaikh, co-founder of Aptos Labs, announced his resignation as CEO, and co-founder Avery Ching will take over. Aptos is a Layer-1 blockchain that emphasizes high scalability, security, and transaction speed, built on the Move programming language developed for Facebook's 'Diem' project.
In a lengthy post on social platform X, Shaikh reflected on the achievements of Aptos over the past three years, including successfully raising $400 million in venture capital and building an ecosystem supported by thousands of developers. He thanked investors such as BlackRock, Google, Mastercard, and PayPal for their support and stated that he would continue to support the company's development as a strategic advisor while reflecting on the future of blockchain and the financial system.
