Web3 CEOs exit
Crypto CEOs are out.
Gemini co-founder Cameron Winklevoss is out of a director of Gemini Europe.
Other CEOs like Genesis CEO Michael Moro, MicroStrategy CEO Michael Saylor, Kraken CEO Jesse Powell, Alameda Research co-CEO Sam Trabucco, Celsius’ Alex Mashinsky, Neobank’s chief executive Daniel Leon, Polkadot Co-Founder Gavin Wood, and FTX.US President Brett Harrison are all announced to step down recently.
Will these indicate some shake-up on Web3, and what will come next?
Part of the reasons is the challenging market conditions that crypto may not hold its promises during the high inflation environment, but also potential tougher regulations are coming with institutional adoptions that likely take over crypto in the coming years.
I believe the crypto space is different than the traditional sense of the company, which the crypto changes every day.
The market evolves more frequently than ever, and previous visions will have to align with the market or be outdated.
