Sonic Labs Extends Fantom Opera Operations to Year-End, Unveils New Leadership Structure

PA一线
PA一线
PANews, June 24 – Sonic Labs announced a series of governance and operational adjustments on the X platform. The Fantom Opera network, originally scheduled to shut down at the end of this month, will now continue operating at least until the end of the year, with the corresponding cross-chain bridge receiving regular funding during this period. This decision was made in response to community feedback. The team also removed the generic “contributor” label and disclosed leadership information: Matt Visser has been appointed CEO, bringing a background in product management and financial restructuring, having co-founded Squire.Law and led Web3 product strategy; Kosta Kourkoumelis has been appointed COO, with over 20 years of experience in financial services and digital assets, and has been involved in the ecosystem since the Fantom IC0. Sonic stated it will begin unfreezing certain accounts and made clear that criticism and questioning will not be blocked, except for threats, targeted harassment, and excessively vulgar content. The team has opened four dedicated contact email addresses to handle sensitive disclosures, technical support, feedback and suggestions, and developer collaboration respectively, and plans to introduce public communication formats such as fireside chats and community Q&A sessions in the future. The team said it will continue to release subsequent updates in a manner of “small steps, fast pace, and open transparency.”
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