Starknet

Foundation

Change

James

The Starknet Foundation, overseeing the Ethereum Layer-2 scaling solution, has revealed a significant change in its leadership structure. Diego Oliva, the inaugural CEO since March 2023, will step down, citing personal reasons and the desire to pursue new opportunities. Succeeding him is James Strudwick, previously the Head of Ecosystem Growth, who will assume the role of Executive Director starting next month. 
The decision for Oliva to step down comes at a time when the foundation has established a strong team and structure. Both Diego and the Foundation board believe it is an opportune moment to hand over the baton. This transition allows for a new leadership phase to drive the next stage of growth for Starknet. 
Oliva’s leadership has been pivotal in Starknet’s rapid organizational expansion. He led the foundation from its nascent stage of two part-time employees to a robust team of over thirty full-time professionals.&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We would like to share the news of a change happening <a href="https://twitter.com/StarknetFndn?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@StarknetFndn</a>.<a href="https://twitter.com/jdiegooliva?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@jdiegooliva</a> who has served as the first CEO of the Foundation since March 2023, will be stepping down after successfully establishing a strong team and structure.<a href="https://twitter.com/strjd87?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@strjd87</a>, who has been with the Foundation… <a href="https://t.co/LmRNavbxII" target="_blank">pic.twitter.com/LmRNavbxII</a>— Starknet Foundation (@StarknetFndn) <a href="https://twitter.com/StarknetFndn/status/1820839725202133257?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">August 6, 2024</a>
 </blockquote> 
 </div>
</figure> 
Under his guidance, Starknet launched critical initiatives aimed at bolstering the ecosystem’s infrastructure and support, such as the Provisions project, DeFi Spring, and various grant programs. 
During Oliva’s tenure, the foundation not only expanded its team but also inked strategic collaborations with over 100 teams, significantly enhancing the operational framework and scaling capabilities of the Starknet ecosystem.&nbsp; 
The partnerships have been instrumental in rolling out initiatives like Basecamp and Hacker Houses, which have further solidified Starknet’s position in the market. 
The incoming Executive Director, James Strudwick, brings a wealth of experience in web3 technologies, including significant roles in DeFi and Layer 1 and 2 scaling projects. His prior role within Starknet saw him leading efforts to cultivate and expand the community and ecosystem, showcasing his adeptness in successfully steering complex projects. 
To ensure continuity and stability, Oliva will continue to work closely with Strudwick over the next month to facilitate a smooth transition.&nbsp; 
The foundation’s board has expressed profound gratitude for Oliva’s leadership and achievements while also showing strong support and optimism for Strudwick’s vision and upcoming tenure. 
This leadership transition is set against the backdrop of broader developments within the Starknet ecosystem, including the recent suspension of operations by the ZKX Protocol, a derivatives protocol on Starknet. The move, driven by economic challenges, underscores the dynamic and evolving nature of the Layer 2 scaling landscape. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2022/07/14/ethereum-l2-starkware-announces-starknet-token-foundation/" target="_blank" rel="noreferrer noopener">Ethereum L2 StarkWare Announces StarkNet Token &amp; Foundation</a> 
</blockquote>

Starknet Foundation Announces Leadership Change

The Crypto Times

Other articles published on Aug 6, 2024

Coinbase and SEC Clash Over Document Subpoenas in Ongoing Legal Dispute

Kamala Harris Chooses Tim Walz as VP Candidate

Shiba Inu Price Prediction: SHIB Soars 23% As Market Panic Eases And The SHIBASHOOT ICO Rockets T...

JITO Foundation Releases Code for Jito Restaking on Solana

'Black Swan' Author Taleb Breaks Down Bitcoin Crash Top Reason

Coffeezilla says ‘groundless’ Logan Paul lawsuit aims to ‘crush new investigations’

Join our free newsletter for daily crypto updates!