Reef Announces Departure of Chief Growth Officer and Creation of New Incubator to Support Promising Indian Talent
Reef, the next-generation blockchain platform for decentralized finance (DeFi), non-fungible tokens (NFTs) and gaming, has announced the departure of Ashutosh Sahoo from his role as Chief Growth Officer. While the organization will miss his valuable contributions, Reef is excited to support Sahoo’s next venture – an incubator aimed at identifying and nurturing promising under-23 talent from India.
Sahoo’s new incubator will provide comprehensive support to young entrepreneurs in the region, including finding product-market fit, entity structuring, tokenomics, audits, investments, exchange listings, market making, community building, business development and marketing. This will help to create a thriving ecosystem of innovation in the blockchain space and drive forward progress for Reef and the industry as a whole.
“We are proud of Ashutosh and his entrepreneurial spirit, and we wish him every success in his new venture,” said Denko Mancheski, CEO of Reef. “His work at Reef has been instrumental in driving our growth and success, and we are grateful for his many contributions. We look forward to collaborating with his incubator and supporting the next generation of blockchain innovators in India.”
Sahoo’s incubator will operate independently from Reef, and he will not have a formal role with the organization. However, Reef sees this as a significant win for the blockchain industry, as it will create new opportunities for talented young individuals to enter the space and contribute to its growth and development.
The departure of Sahoo and the launch of his new venture highlight Reef’s commitment to fostering innovation and supporting entrepreneurship in the blockchain space. Reef will continue to work tirelessly to create a platform that empowers developers and businesses to build innovative DeFi, NFT and gaming applications that are accessible, scalable, and secure.
For more information on Reef and its commitment to driving forward progress in the blockchain industry, please visit our website.
About Reef
Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, and affordable transactions, and utilizes Nominated Proof of Stake, extensible EVM, and on-chain upgrades. Reef is the future blockchain for NFTs, DeFi, and gaming. It can easily accommodate the needs of current and future Web3 development. Reef is an ideal blend of old and new, a trait that makes it eternal and timeless.
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