Tezos Foundation Bolsters Leadership Team, Names CFO
- Eelco Fiole, an investment executive and adjunct professor for finance ethics, has been named as the CFO.

The Tezos Foundation, a platform for decentralized applications and smart contracts, announced this Friday morning that it has expanded its leadership team with three new appointments.
Tezos is well-known for its internal squabbling over money and being sued by multiple law firms. Following the launch of its Mainnet Mainnet A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. Read this Term in the summer of last year, the company is now looking towards the further development and support of its blockchain protocol and its ecosystem.

Ryan Jesperson
Source: LinkedIn
Ryan Jesperson, President of the Tezos Foundation, said on the new appointments: “With the appointment of two senior executives, the Foundation is taking an important step forward by strengthening its internal expertise and capabilities. We look forward to having Ulrich Sauter, Eelco Fiole and Lily Liu working with the Foundation and bringing crucial governance, financial and industry specific experience.”
The qualifications of the new Tezos team members
Sauter comes aboard the Tezos Foundation with more than two decades worth of professional experience in the financial and legal industries. Currently, he is also employed as counsel for Naegeli & Partners Attorneys at Law Ltd.
Fiole also brings more than twenty years worth of experience in the financial services industry to his new role at Tezos. At present, he is the co-founder and sole managing partner of Alpha Governance Partners, an international risk-governance focused fiduciary services firm.
“Observing the increasing maturity and institutionalization in the blockchain space, Tezos is excellently positioned to be a leading model for robust governance, supporting cutting-edge technological development and protocol adoption globally,” Fiole commented on his new role.
Last but not least, Liu, who has been part of the advisory board since November of last year, has a background in private equity and blockchain. She co-founded Earn.com, a blockchain startup, which was acquired by Coinbase last year. In her new role at Tezos, she will work closely with the board and advise on strategy and ecosystem development.
The Tezos Foundation, a platform for decentralized applications and smart contracts, announced this Friday morning that it has expanded its leadership team with three new appointments.
Tezos is well-known for its internal squabbling over money and being sued by multiple law firms. Following the launch of its Mainnet Mainnet A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. Read this Term in the summer of last year, the company is now looking towards the further development and support of its blockchain protocol and its ecosystem.

Ryan Jesperson
Source: LinkedIn
Ryan Jesperson, President of the Tezos Foundation, said on the new appointments: “With the appointment of two senior executives, the Foundation is taking an important step forward by strengthening its internal expertise and capabilities. We look forward to having Ulrich Sauter, Eelco Fiole and Lily Liu working with the Foundation and bringing crucial governance, financial and industry specific experience.”
The qualifications of the new Tezos team members
Sauter comes aboard the Tezos Foundation with more than two decades worth of professional experience in the financial and legal industries. Currently, he is also employed as counsel for Naegeli & Partners Attorneys at Law Ltd.
Fiole also brings more than twenty years worth of experience in the financial services industry to his new role at Tezos. At present, he is the co-founder and sole managing partner of Alpha Governance Partners, an international risk-governance focused fiduciary services firm.
“Observing the increasing maturity and institutionalization in the blockchain space, Tezos is excellently positioned to be a leading model for robust governance, supporting cutting-edge technological development and protocol adoption globally,” Fiole commented on his new role.
Last but not least, Liu, who has been part of the advisory board since November of last year, has a background in private equity and blockchain. She co-founded Earn.com, a blockchain startup, which was acquired by Coinbase last year. In her new role at Tezos, she will work closely with the board and advise on strategy and ecosystem development.