The CEO of Avalanche-based Web3 Social Platform Stars Arena Steps Down

Crypto Blog

Stars Arena said that the platform’s CEO Chill Pill, resigned from their position, a move that comes nearly a month after the decentralized social finance application suffered a major smart contract exploit.

The SocialFi app launched late in September and is an imitation of the Ethereum-based Friend.tech. Stars Arena allows users to link their X accounts to the platform while using Avalanche’s native coin AVAX to buy shares known as “tickets” from creators.

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