In a strategic move to advance the NEAR ecosystem, the NEAR Foundation has named Illia Polosukhin, co-founder of NEAR Protocol, as its CEO. Illia, a visionary since NEAR’s inception, will spearhead the growth of the NEAR Open Web Ecosystem, fostering collaboration among teams aligned with the common vision of an open web.

Illia Polosukhin’s Visionary Role:

Illia Polosukhin, co-founder of NEAR Protocol, assumes the position of NEAR Foundation CEO, driving the ecosystem towards a more decentralized open web. His visionary approach has guided NEAR’s development, and this appointment empowers him to directly realize the envisioned open web.

“I’m honored to officially join the NEAR Foundation and work together with the ecosystem to build towards our shared vision of an open web,” expressed Illia Polosukhin about his new role. “This next step in our shared evolution will help us build our respective verticals faster and work together more efficiently.”

Strategic Coordination for Accelerated Growth:

Illia’s unique ability to align key nodes across the ecosystem positions him as a guiding force for NEAR. The appointment aims to enhance strategic coordination, creating common work streams across the organization and broader ecosystem organizations, accelerating NEAR’s evolution into the next phase.

News: I’m excited & honored to join NEAR Foundation as CEO.

The NEAR ecosystem is always evolving. My goal for our next phase is to help our teams work together more efficiently toward our shared vision of the Open Web.

Join us at #NEARCON23 to learn about the future of NEAR!

— Illia (root.near) (🇺🇦, ⋈) (@ilblackdragon) November 7, 2023

Chris Donovan will transition to the role of NEAR Foundation COO to oversee day-to-day operations, ensuring effective coordination within the ecosystem. As NEAR embraces a founder-led organization, Donovan’s contribution is pivotal, and his ongoing role on the NEAR Foundation Council is vital.

NEARCON: A Glimpse into the Future:

NEAR invites its community to NEARCON, promising exciting announcements, strategy updates, and demos from top projects across the ecosystem. Illia Polosukhin will share the details of NEAR’s next phase of evolution, marking a bold step towards an open web.

Don’t miss NEARCON, the most significant event in Lisbon or virtually at nearcon.org, starting Wednesday, November 8, featuring talks, hackathons, and celebrations.