### Notification:
Ahmad Shadid, founder and CEO of io.net, has announced his resignation as CEO of io.net, effective immediately. The CEO position will be assumed by co-founder and current COO, Tory Green.
Reason for Resignation:
Ahmad Shadid shared that despite some accusations against his past, he decided to step down to keep io.net going. Shadid expressed his deep gratitude to the team, partners and community who have supported and devoted to the development of io.net.
Ahmad Shadid's Contribution:
To express his gratitude, Ahmad Shadid will donate 1 million IO tokens (individual tokens) to the io.net Internet of GPUs Foundation to support ecosystem development.
### Impact and Significance:
1. Leadership Transition:
- This leadership change could bring new directions for io.net under the leadership of Tory Green.
- With his experience, Tory Green can continue to maintain and promote io.net's development strategies.
2. Organizational Stability:
- Ahmad Shadid's resignation to keep the company moving forward shows his commitment to the growth and stability of io.net.
3. Important Contributions:
- Donating 1 million IO tokens to the io.net Internet of GPUs Foundation is an important contribution, helping to advance the company's ecosystem development projects and initiatives.
### Conclusion: Ahmad Shadid's resignation as CEO of io.net marks an important change in the company's leadership. With Tory Green taking over as CEO, io.net can look forward to continued growth and stability. Shadid's donation will also actively contribute to the development of the io.net ecosystem.
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