TON Labs is the company behind the cryptocurrency TON, the Telegram ICO that ultimately failed. After several months without news, TON Labs hit hard by recruiting a new CEO: Cyril Paglino.
TON Labs and the team behind the Telegram ICO
YOUR Labs, the main developer of the Free TON network, announces the appointment of Cyril Paglino as CEO. At the head of a team of 65 engineers and developers, his mission will be to accelerate the growth of the company, which advocates a decentralized and secure vision of the web.
“ Free Ton benefits from an extremely dynamic ecosystem, fully decentralized governance, a unique partnership model and undoubtedly the most advanced technology stack on the market. Initially created by Doctor Nikolai and Pavel Durov, the founding brothers of Telegram, and having benefited from a fundraising of $ 1.7 billion in 2018, the TON network saw its launch stopped in 2020 by the SEC, and was taken over in the community and TonLabs, with the blessing of the founding team. I have always been very attentive and impressed by the company’s ability to develop such a protocol and am particularly happy to join the TON Labs team, a pioneer of a future decentralized Web “, rejoices Cyril Paglino.
A new CEO with entrepreneurial spirit
After having created and sold several companies in new technologies (Wizee & Tribe), Cyril has been passionate about Blockchain and Bitcoin technology since 2014.
In 2017, he created Starchain Personal-Financial.com, a venture capital firm specializing in cryptocurrencies. which has invested in over 20 companies including Coinbase, MakerDao, PolkaDot, Orchid, Numerai etc.
At the same time, he is launching in 2019 The Garage, Europe’s largest Blockchain incubator.
And so, in 2020, he joined TON Labs as CEO to take on a new challenge that is as exciting as it is important!
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.
Will Cyril Paglino succeed in propelling TON Labs into another dimension? While the company has pulled off a tour de force in recent years with the biggest ICO ever, the SEC halted the move. It will be interesting to see how TON Labs intends to continue its operations, and how Cyril Paglino can help establish a sustainable strategy for this company. We might hear about it in the cryptocurrency ecosystem, be sure!
Hello, I’m Florian! I’m 24, I’m a man and I’m… Maybe I’m getting lost. I entered the Bitcoin, crypto and blockchain ecosystem at the end of 2017 and it has been love at first sight! You may know me under my secret identity: Cryptodidact! But, hush, when you see me with my glasses on, you have to see Florian, Hellmouth Deputy Editor … (those who have the reference, well done)