David Marcus, co-founder of the Diem task and present leader of the Novi unit at Meta organization (formerly recognized as Facebook), has announced that he will be leaving the organization at the finish of 2021.
The “father” of Facebook’s crypto task is about to resign
David Marcus officially confirmed this information and facts on his private web page on December one, just two days just after it was announced that Jack Dorsey resigned as Twitter CEO. Stephane Kasriel, now Novi’s VP of Product, will get the helm just after Marcus leaves.
“After seven fulfilling years at Meta, I have made the difficult decision to step down and leave the company at the end of the year.”
David Marcus was one particular of the 1st Silicon Valley executives to accept and help Bitcoin. Marcus stated he is a significant Bitcoin fan and owns a sizable quantity of BTC back in 2013, at the LeWeb conference in Paris. Marcus calls Bitcoin a retailer of worth. The adoption of Bitcoin considering the fact that 2013 has produced the title David Marcus really meaningful in the blockchain and cryptocurrency globe in certain.
After producing Paypal one particular of the greatest payment platforms in the globe in 2012, Mark Zuckerberg convinced Marcus to join Facebook as head of messaging merchandise.
Under his leadership, Facebook Messenger has grown drastically in terms of end users, even including a series of practical enhancements, such as the introduction of resources to facilitate interaction in between merchants. merchants and consumers, this kind of as payment-enabled chatbots.
“I will hold a specific location in my heart with the most thrilling many years of my daily life developing Messenger with so lots of talented persons. In flip, the many years with Novi had been the most mission-driven and intellectually stimulating.
I generally come across comfort and self-assurance in recognizing that the crew will carry on to do properly on our essential mission beneath Stephane Kasriel, and I cannot wait to see this from the side. Besides, there are lots of fantastic factors ahead waiting for me.”
Marcus led Facebook Messenger for four many years prior to moving on to a new campaign in his job to be in charge of Facebook’s crypto task referred to as Libra, then in late 2020 renamed Diem. In 2017, he joined Coinbase’s board of directors to aid make the exchange far more productive.
“Although there is nonetheless a great deal of do the job to be performed just after the launch of Novi. I am as passionate as ever about the require for modify in our payments and fiscal programs.
What I’m most proud of all through my time right here is the astounding crew we have assembled above the previous 3 many years. This is the most resilient, passionate, established and talented group of persons I have ever worked with.”
Before announcing Diem, Marcus warned Facebook to be really crucial about cryptocurrencies by citing practical laws for supporting payment blockchains. He also sided with Mark Zuckerberg on the controversial choice to ban all crypto-associated advertisements, supporting the see that most of them are scams and defending end users with the ban.
“I am extremely grateful to Mark for the possibility and privilege to share a small bit of the journey above the many years. I will cherish the recollections and friendships for a lifetime from my time at the organization and I want it properly in the many years to come.
Now I search forward to possessing far more totally free time in the coming months prior to beginning to rebuild one thing new and far more intriguing.”
It is undeniable that he is the daring blockchain pioneer of a classic company like Facebook all through hard instances considering the fact that its starting in 2019. Because he is a man or woman who has devoted himself to the crypto market. also a lot.
His absence will most likely also be a significant reduction for the Diem and Novi tasks in the close to potential. Anyway, want him a lot achievement on his new journey and far more and far more extraordinary contributions to the blockchain area.
Source: Coin68