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  • A former Polygon Labs president has joined the Optimism Foundation as the chief growth officer, bolstering its future development.
  • The new CGO will be tasked with bringing together developers and the community of companies to build across the Optimism ecosystem.

Optimism Foundation is celebrating a huge win the the addition of a key figure to its leadership. The Optimism Foundation has confirmed the appointment of Ryan Wyatt as the new chief growth officer. In this new role, Wyatt will be expected to support blockchain development. In addition, the CGO will be tasked with bringing together developers and the community of companies to build across the Optimism ecosystem.

Speaking in an interview with a leading news platform, Wyatt praised the Optimism project, revealing that it was the best project according to him. He stated, “I really do think that Optimism is the best team in crypto, hands down.”

Of note, Ryan Wyatt has previously been the president of the Polygon Labs, the organization behind the development of the Polygon blockchain. Wyatt left Polygon Labs in July after then-Chief Legal Officer Marc Boiron was promoted to CEO. Furthermore, the new CGO has previously served on YouTube. During his time at the streaming platform, the CGO was exploring exploring non-fungible tokens (NFTs) and digital ownership. His experience in the two projects is invaluable for Optimism. Speaking on this, Wyatt stated;

I loved my time at YouTube, I loved my time at Polygon. I’m super happy with the work that I did at both of those places. I’m so eager about what Optimism can do and what they’ve already done.

The Optimism project remains one of the most promising as a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. The mainnet boasts over $2 billion in on-chain value and over 141 million successful transactions on the network. Founded in 2019 and launching its network operations gradually throughout 2021, the ecosystem has undergone tremendous developments in a few years.

A few months ago, the project celebrated massive recognition with Coinbase, a publicly listed US company, launching its very own OP Chain powered by Optimism.

At the time of press, Optimism native token, OP, has recorded a nearly 3 percent drop in the last 24 hours to trade at $1.77. The altcoin has lost nearly 45 percent of its value since reaching its all-time high of $3.22 about 9 months ago. As wider market sentiments turn bullish, investors are optimistic OP will be one of the best-performing coins in the market.

 


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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

James is dedicated to demystifying intricate technological concepts. His keen eye for details has positioned him as a trusted voice in decentralized technologies. With years of experience, she creates insightful articles, in-depth analyses, and captivating narratives that uncover the potential and hurdles within the crypto and blockchain landscape. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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