I have been continuously involved with the Mastercoin project for the last year. I was the first person to reply to J.R Willet’s original announcement of Mastercoin on August 1st 2013, an early Exodus investor, a board member in the Mastercoin Foundation, and finally the Executive Director of the Mastercoin Foundation.
Throughout this time, the team and me continuously worked on building The Master Protocol layer and associated toolset, culminating in the recent release of the Master Core and Omniwallet beta . Finally, after one year of working on Mastercoin, I have decided it is time for me to move on to other projects. I believe it is the right move both for me and for Mastercoin, and I trust the continued development of the protocol in the capable hands of David Johnston.
David’s involvement in the Master Protocol over the last year has been considerable. Through the BitAngels network which he founded, he recruited many exodus investors and board members to the Foundation. He created the DAPps Fund, a VC which is focused on investing in various decentralized applications to boost the growth of the entire ecosystem, and had multiple critical contributions to the development of the protocol. Going forward, David will be taking over as Chairman of the Board of directors.
Our CTO, Craig Sellars, will continue leading the technical day-to-day development of the project.
As for me, I will remain on the board of the Foundation, and I am highly incentived for MSC to succeed (I haven’t sold a single mastercoin since I took the seat of Executive Director last year). I am grateful for the opportunity I was given to lead the project for the last year, and hope for it to reach new heights under David’s leadership.