Xai Foundation Appoints John Shipman as CEO to Accelerate Blockchain Growth and Adoption
Staff Writer • 2024-10-23
GEORGE TOWN, Cayman Islands, – The Xai Foundation, a leading contributor to the gaming-focused Xai blockchain, has announced the appointment of John Shipman as its new Chief Executive Officer. Shipman, an accomplished executive with extensive experience in both finance and blockchain industries, will be responsible for driving business performance, developing partnerships, and managing operations to propel the adoption of Xai within the gaming sector. Shipman joins the Xai Foundation at a pivotal time, as the blockchain has gained considerable traction for its scalability and performance. Xai consistently recorded the highest transactions-per-second (TPS) rate among blockchains within the Ethereum ecosystem for eight consecutive weeks in 2024, signaling its growing popularity and robust infrastructure. In his role, Shipman will spearhead efforts to expand Xai’s developer and gamer community, ensuring the platform continues its upward trajectory. “The potential of blockchain to reshape the gaming landscape is immense, and Xai is uniquely positioned to lead this transformation with its secure, scalable, and developer-friendly platform,” said John Shipman, CEO of the Xai Foundation. “I am thrilled to join the Foundation at such a critical juncture for Web3 gaming. Xai is already making significant strides, and I’m excited to help the platform fulfill its vision of revolutionizing the gaming industry.” Shipman brings with him a wealth of experience from his prior roles in both traditional finance and blockchain sectors. Most recently, he led PwC’s Financial Markets Consulting business across Southeast Asia and was instrumental in launching PwC’s first Blockchain and Digital Asset Services unit in 2016. Additionally, Shipman served as Chief Commercial Officer at Centre.io, a venture co-owned by Coinbase and Circle, where he played a key role in advancing global USDC adoption and laying the groundwork for a global stablecoin payment network. Tobias Batton, Founder and CEO of Ex Populus, a core contributor to the Xai blockchain, expressed confidence in Shipman’s ability to accelerate Xai’s growth. “John’s leadership experience, coupled with his deep understanding of both traditional finance and blockchain, makes him the ideal candidate to guide Xai into its next phase of development. His expertise will be invaluable in attracting more developers and gamers to the platform, further solidifying Xai’s role as a transformative force in the gaming industry.” In addition to driving user adoption, Shipman’s strong connections within the finance and blockchain sectors will be instrumental in establishing strategic partnerships and enhancing Xai’s staking and trading capabilities through its Sentry Node program. With a focus on both short-term achievements and long-term growth, Shipman will be key to expanding the network’s capabilities and market reach. About Xai Foundation The Xai Foundation is dedicated to fostering the growth of developers and gaming projects within the Xai blockchain ecosystem. The Foundation supports the platform by attracting third-party developers, implementing targeted marketing initiatives, and providing financing opportunities for Web3 game developers. As the custodian of the Xai blockchain and its native token, the Foundation ensures the platform’s integrity while championing innovation within the gaming sector.
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