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PRESS RELEASE. Blake Jeong, now formerly CMO of IOST, has been appointed as the Co-CEO of the company. Blake has a proven track record of success, having been one of the starting members of a well-known startup backed by Soft Bank and IMM, where he successfully managed three teams and grew the teams’ sales by ten times within less than two years. At IOST, Blake has already demonstrated his leadership skills by building a solid international team and forming successful partnerships.
Under Blake’s leadership, IOST will focus on two main areas: regional expansion and solidifying the essential elements of the IOST ecosystem.
For regional expansion, IOST will focus on increasing brand awareness in the US. IOST is working on listing its token on a US-based exchange, where American people can trade IOST by the first half of this year. In Southeast Asia, IOST will hire more workforce and expand its business. Additionally, IOST aims to fully penetrate the Japanese market by having more offline events and leveraging its status as one of the 22 green list projects by JVCEA.
When it comes to solidifying the essential elements of the IOST ecosystem, Blake emphasized that IOST has robust technology and benefits for users and developers. However, he acknowledged that the platform could be improved to be more user-friendly and accessible to newcomers. As such, IOST will focus on improving its current features to provide a better user experience and expand the number of use cases for the platform.
With Blake based in Korea, IOST will have greater flexibility and be able to take more dynamic, experimental moves. Blake’s appointment as Co-CEO will allow IOST to take advantage of his extensive experience and leadership skills, ensuring the continued growth and success of the company.
About IOST
High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.
Backed by significant financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.
Being one of the public chain leaders in terms of adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has an ever-expanding 500,000 community members in over 20 countries, over 400 nodes, a top-staking economy, and symbiotic relationships with corporations dotted worldwide.
If you would like to hang out with the IOST community on chat, social media or discuss product development, we have something for everyone:
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