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Terraform Labs interim CEO: May launch 9 projects, will not introduce new tokens

Sep 19, 2024 08:43:37

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ChainCatcher news, Terraform Labs' interim CEO Chris Amani stated in a recent community Twitter Spaces that "about 9" different projects at various stages of development will be released in the coming months. These projects will not launch any new tokens. However, due to the ongoing progress of various projects being hindered by frequent accusations, the company is facing "a mountain."

Amani also mentioned that Terra is currently struggling to compete with other L1 blockchain projects because it "doesn't even have the support of the Luna treasury." Nevertheless, despite the company's difficulties, most employees still choose to stay with the company. (source link)

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