io.net CEO Ahmad Shadid Resigns and Donates 1 Million IO Tokens to Boost Ecosystem Development
*BlockBeats News* – June 9, 2024
Ahmad Shadid, the founder and CEO of io.net, has officially announced his resignation, effective immediately. Shadid shared the news on social platforms, stating that after io.net's remarkable growth as one of the fastest-growing decentralized AI companies globally, it is time for a leadership change. Tory Green, from io.net, will take over the CEO position.
Addressing recent allegations about his past, Shadid clarified that his decision to step down is to ensure io.net can progress without distractions, focusing solely on its growth and success. He expressed deep gratitude for the unwavering support from the team, partners, and community that has been pivotal in shaping io.net's journey.
In a gesture of appreciation and commitment to io.net's future, Shadid announced the donation of 1 million personally held IO tokens to the GPU Internet Foundation. This contribution aims to further the development and expansion of the io.net ecosystem.
