Co-founder of Story Protocol, Jason Zhao, Resigns to Establish New Artificial Intelligence Business
Story Protocol, the blockchain-based platform for content creation and distribution, has announced a significant change in its leadership and a major new partnership.
Jason Zhao, co-founder of Story Protocol, has stepped down from his role as CEO to focus on a new AI initiative called Poseidon. Poseidon aims to develop AI applications in science and space. Despite his departure, Jason Zhao will continue to be involved with Story Protocol as a strategic advisor.
Following Jason Zhao's departure, S.Y. Lee, another co-founder, will assume the role of sole CEO at Story Protocol. The transition is planned to prepare for the next phase of the platform's growth. No information has been provided about who will replace Jason Zhao as the public face of Story Protocol.
The Story Protocol management team will also receive reinforcement with new senior hires. This move is expected to strengthen the team and drive the platform towards its next phase of growth.
The announcement of Jason Zhao's resignation came shortly after Story Protocol revealed a major partnership. The details of this partnership have not been disclosed, but the price of Story Protocol's IP token has surged following the announcement. The future of Story Protocol now depends on the leadership of its new CEO, S.Y. Lee, and his team.
The news of Jason Zhao's resignation has sparked a debate within the community regarding the future direction of Story Protocol. The community is eagerly waiting for more information about the new partnership and the plans for the platform under S.Y. Lee's leadership.
The exact date for Jason Zhao's departure has not been specified. Jason Zhao co-founded Story Protocol in 2022 and has been at the helm for 3.5 years. His departure marks a new chapter for the platform, and the community looks forward to seeing how Story Protocol will continue to evolve.