Dash Core Project Appoints New CEO as Founder Transitions to Advisory Role
The Dash Core Project has announced a new CEO in Ryan Taylor –previously Dash’s Director of Finance – following an announcement by Dash Founder Evan Duffield that he is transitioning to an advisory role. The appointment was unanimously agreed upon by Duffield and the Dash Core, the democratically-elected body responsible for the development, marketing and expansion of the Dash ecosystem.
Taylor has been a key contributor to Dash since mid-2014. He left a traditional Wall Street career in March 2016 to join the Dash Core full-time helping accelerate Dash’s progress in becoming a blockchain industry leader and global payments network. Before joining Dash, Taylor was a hedge fund analyst covering a global stable of payments industry investments for the private equity and public market funds of a $20 billion investment firm based in New York, and previously served as an Associate Partner in McKinsey & Company’s Business Technology Office in New York.
While no changes are being made to the Dash blockchain governance, voting and treasury model, this appointment provides the Dash Core organization with an experienced leader in the financial services industry. Taylor’s responsibilities will include leading organizational growth, maintaining the project vision, and overseeing communications with Dash partners and investors.
Duffield commented: “Since the beginning, my ambition was to create a sustainable and resilient blockchain project without any singular points of failure. Today’s announcement has been in development for many months, and I am proud to have helped Dash become the extraordinary project it is today. For the last several months, daily operations and technology development at Dash Core have been led by now-CEO Ryan Taylor and CTO Andy Freer. Our most recent software upgrade – deployed in February – was developed and released without my hands-on involvement. Thanks to the Dash Core, our developers, advisors, masternode operators and every single user around the world, the upgrade was the smoothest yet.”
Duffield plans to focus on other projects which are aimed at expanding the Dash ecosystem, but will remain available to offer advice and consultation to the Dash Core and its developers.
Taylor remarked: “Evan is one of the most gifted minds in blockchain and fintech. He created something that will have a permanent and lasting impact on many people across the world in a rapidly evolving economy. The Dash Core team is committed to ensuring that we follow the grand vision Evan laid for Dash. Today, we have extensive resources in place to deliver that vision. Dash is fast becoming a popular payment option for many thousands of people around the world, and we look forward to announcing further progress in the near future as we create compelling and relevant solutions aimed at everyday people.”
In the first quarter of 2017, the Dash Project announced several milestone partnerships and the implementation of the Sentinel software upgrade in a move towards a decentralized payments system called Evolution.
Taylor explained: “The beauty of a blockchain-based project is decentralization, the dispersion and distribution of functions and powers. Since its inception, Dash has been the benchmark of decentralized success; our unique governance model ensures an ownership mindset that is designed to improve the state and functionality of the Dash network and increase the network’s value. Together with Evan, we built the world’s first self-sustainable decentralized autonomous organization with a substantial organic budget, and there’s so much more to come.”
Dash has further upcoming integrations and high-level business partnerships. Headquartered from Arizona State University’s SkySong Innovation Center, the Dash Core team recently announced its plan to add over 20 new positions, including development, customer support, infrastructure support, marketing, and administration.