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

January 23, 2023
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Fantom Blockchain To Release Version 2 of fUSD Stablecoin

Fantom (FTM) Price Increases As Major Update to FUSD

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.
Fantoms Andre Cronje Announces the Most Surprising Development in Months

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.

Expectation management is important, I want to stress

THERE WILL BE NO ANNOUNCEMENTS OR REVEALS

No, this isn't reverse psychology, I'm serious, we aren't focused on announcements anymore, we simply discuss progress https://t.co/ti8WgTB2yv

— Andre Cronje (@AndreCronjeTech) January 23, 2023

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.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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Annie

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Andre Cronje: Fantom Currently Owns Over 450 Million FTM

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Tags: andre cronjeFantomFTMYearnFinanceYFI
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