Starknet Foundation Appoints Meta Veteran Oliva as First CEO

Starknet Foundation, the nonprofit instauration founded by blockchain scalability institution Starknet, appointed erstwhile Meta enforcement Diego Oliva arsenic its archetypal CEO. Oliva volition pb the ecosystem's maturation and assistance with decentralization efforts, according to a property merchandise provided to CoinDesk

Starknet genitor StarkWare reached an $8 cardinal valuation aft a $100 cardinal backing circular successful May 2022 and announced the beingness of the instauration successful July. The Starknet Foundation officially launched successful November with a seven-person committee and a proviso of 5.01 cardinal Starknet tokens, oregon astir 50.1% of the archetypal proviso of 10 cardinal tokens. The tokens are not yet disposable for nationalist trading.

Oliva served arsenic Meta's – astatine the time, Facebook's – determination manager for Europe, the Middle East and Africa until 2015. He aboriginal co-founded and led internet-of-things institution Glue Home, and helium serves connected the committee of food-delivery institution Just Eat.

“STARK Proofs, the cryptography down Starknet, are delivering the benignant of standard for blockchain we didn’t deliberation was possible," Oliva said. "I privation to spot them scope the hands of immoderate funny developer successful the world.”