TORONTO, Sept. 21, 2021 /PRNewswire/ – Prophecy DeFi Inc. (“Prophecy DeFi“, or the “Firm“) (CSE: PDFI) is happy to announce that it has appointed Mr. Peng Zhong to the Firm’s Advisory Committee, efficient instantly.
Peng Zhong, CEO of Tendermint, leads a world-class staff that builds purposes to enhance the usability, accessibility, and security of blockchain for builders and end-users. Tendermint is a core contributor to the Cosmos ecosystem, which homes greater than 250 blockchain tasks and secures over $100B in digital belongings. Tasks on the Cosmos ecosystem embody Binance Chain, Terra, Crypto.com, ThorChain, Osmosis, Kava, Fetch.ai, Injective Protocol, Persistence, Akash, Regen, and plenty of extra.
“I’m excited to affix Prophecy DeFi’s Advisory Committee,” mentioned Peng Zhong. “Prophecy’s staff is poised to bridge this younger however quickly rising DeFi sector to mainstream traders. This staff is extraordinarily proficient and geared up to perform nice issues.”
“Because the Chair of Prophecy DeFi’s Advisory Committee, I’m delighted to welcome Peng Zhong aboard. As CEO of Tendermint, Peng oversees a dynamic and fast-growing group which developed and constructed vital infrastructure for the Cosmos Hub, a high 20 community value greater than $10 billion totally diluted. Tendermint’s expertise is mission vital to dozens of tasks within the Cosmos ecosystem and past. Peng can also be sought out for his blockchain insights and DeFi experience by world firms.” mentioned Alex Tapscott.
“We’re thrilled to have Peng Zhong be a part of as an Advisor to Prophecy DeFi,” mentioned John McMahon, CEO, Prophecy DeFi. “Peng has large technical experience and pedigree in each blockchain and DeFi and is acknowledged as a world chief in these communities. We sit up for Peng becoming a member of different trade specialists on our Advisory Committee and collectively supporting Prophecy DeFi’s mission to grow to be a market chief in Decentralized Finance.”
In connection together with his appointment, the Firm has granted 500,000 inventory choices to Mr. Zhong. The choices are exercisable at a value of $0.45 per share, with a vesting interval of six (6) months and an expiry of three years.
About Prophecy DeFi
Prophecy DeFi (CSE:PDFI) goals to convey collectively expertise start-ups within the Blockchain and DeFi sectors to fund innovation, elevate trade analysis, and create new enterprise alternatives in a coherent ecosystem.
Extra details about the Firm may be discovered on the Firm’s web site at: www.prophecydefi.com.
Sure info set forth on this information launch might include forward-looking info that includes substantial recognized and unknown dangers and uncertainties. This forward-looking info is topic to quite a few dangers and uncertainties, sure of that are past the management of the Firm, together with, however not restricted to, the influence of basic financial circumstances, trade circumstances, and dependence upon regulatory approvals and the chance that the completion of the transaction might not happen. Readers are cautioned that the assumptions used within the preparation of such info, though thought of affordable on the time of preparation, might show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking info. The events undertake no obligation to replace forward-looking info besides as in any other case could also be required by relevant securities legislation.
Neither the Canadian Securities Change nor the Funding Business Regulatory Group of Canada accepts duty for the adequacy or accuracy of this launch.
SOURCE Prophecy DeFi Inc.