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Fantom’s Andre Cronje Announces The Most Surprising Development in Months

Key Points:

Famous Web3 engineer Andre Cronje, the creator of Yearn.Finance (YFI) and current technical leader of the Fantom (FTM) blockchain, has made an unexpected claim on the media coverage of his platform.
Jared Grey of Sushi specifically stated that he would be paying great attention to Cronje’s actions: I appreciate the focus. FTM, keep up the fantastic work.

Famous Web3 engineer Andre Cronje, the creator of YearnFinance (YFI) and current technical leader of the Fantom (FTM) blockchain, has made an unexpected claim on the media coverage of his platform.

Today, Jan. 23, 2023, Mr. Cronje took to Twitter to disappoint every crypto enthusiast who is waiting for the “next big thing” to be revealed by the “DeFi Father” on his Twitter account.

Because Mr. Cronje is convinced of the value of “expectation management” in fostering community, he made it clear that he wouldn’t be making any more announcements about Fantom (FTM) and his involvement in the project.

He denied employing “reverse psychology,” a complex tactic that entails supporting an action that is contrary to the desired result. Mr. Cronje emphasized that he will concentrate on “discussing progress” rather than making any “big” announcements. It’s interesting to note that he had stated six weeks prior that individuals who invited him to conferences should not wait for “announcements” or “hype.”

He vowed to instead discuss his opinions on “boring” subjects like derisking, L1 scaling, gas subsidies, gas monetization, FVM, FTM Substrates, and so on. However, this assertion enthused his Twitter followers about the technological possibilities of Fantom (FTM).

Jared Grey of Sushi specifically stated that he would be paying great attention to Cronje’s actions: I appreciate the focus. FTM, keep up the fantastic work. Additionally, several Fantom (FTM) supporters acknowledged that this would cause the FTM coin to pump. FTM increased by 7% in a matter of seconds in response to this statement.

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Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.