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Cardano Foundation Parts Ways with Its Global Community Manager

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Fri, 08/20/2021 - 14:31
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Alex Dovbnya
Andy Hendrikx says that he wants to focus on new possibilities
Cardano Foundation Parts Ways with Its Global Community Manager
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Andy Hendrikx, global community lead at the Cardano Foundation, has parted ways with the Zug-based organization. Hendrikx took an unofficial role at the foundation all the way back in October 2017 and then became its community manager in October 2019. In March, just months before his departure, he was promoted to the organization’s global community lead.

In a lengthy Twitter thread, he reflects on his time at the foundation, claiming that he managed to meet some of the most “energetic” and “pleasant” people at his job:

While I am leaving I am simultaneously looking back on what we have achieved as a collective but knowing what it is today I know the community is in a good place and a great successor will stand up to move our community to the next level.

While the reason behind Hendrikx’s exit from Cardano is not immediately clear, his LinkedIn profile says that he’s currently enjoying sabbatical leave.

Hendrikx claims that he’s willing to take “a breather” and focus on “new possibilities.”

The Cardano Foundation, which was created for promoting the largest proof-of-stake blockchain, is no stranger to controversies. In November 2018, its chairman Michael Parsons resigned in infamy following accusations of mismanagement. IOHK CEO

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Cardano hits a new all-time high

Earlier today, Cardano set yet another record high of $2.58, with its market cap ballooning to a staggering $80 billion.

For comparison, Bitcoin and Ethereum are still down more than 25 percent from their historic peaks that were reached on Apr. 14 and May 12, respectively.

Save for Solana, Cardano is the only major cryptocurrency that has managed to fully recover from the Q2 plunge.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.