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27 July 2021

Ethereum founding member quits crypto, downplays its overall use case

Ethereum founding member quits crypto, downplays its overall use case


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One of Ethereum’s founding members has stepped down from the crypto space to concentrate on work in other impactful industries, reportedBloombergover the weekend.

“It’s really a small percentage of what the world needs,” Di Iorio toldBloomberg, adding he would now work in other sectors that tackle ‘complex’ problems—such as Project Arrow, a startup building a zero-emission vehicle, and even consulting a senator from Paraguay.

He would additionally cut away from the other crypto startups he works with, and wouldn’t fund any crypto or blockchain projects moving forward.

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