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Is Fantom a Phantom?

Andre's Departure

Please see our prior report on Fantom for a more in-depth overview.

One of the most apparent risks to the Fantom ecosystem, as noted in our Fantom report, was its excessive dependency on its founder Andre.

Renowned DeFi builder Andre Cronje and his partner Anton Nell said their goodbyes to the world of DeFi on March 6, 2022. Andre's exit wasn’t entirely unexpected, as he had previously stated multiple times that he will be quitting the world of DeFi. Andre's departure from DeFi was most likely motivated by his discontent with the "toxic work climate," as he indicated in a Medium blog...