Colin Miles, Zilliqa’s ($ZIL) Chief Commercial Officer will step down from his role, the people behind the blockchain said in a statement on Wednesday.
“Our entire global team is grateful to Colin for all his contributions over the last year and a half. Colin, thanks for helping steer the marketing ship, and laying the foundations of our commercial operations. You will be missed,” the statement said.
Zilliqa claims to be the world’s first public blockchain built entirely on a sharded architecture. It targets solving the prevailing issue of scalability using its own unique sharding technique, which allows the blockchain to scale in a linear fashion as the network grows in size. Its ability to handle a large volume of transactions makes it suitable to meet enterprise needs.
$ZIL has been holding stable between $.08 and $0.1 over the past month. Despite being primed for a breakthrough run, it has been unable to work up the momentum to maintain a price past the 10 cent ceiling, a mark that it has breached in May before crashing down to the current levels. However, in the statement, the Zilliqa team said that there were many exciting projects in the anvil.
“We’re taking on some bold new challenges and promise to deliver exceptionally high-quality experiences that will consolidate into a new creator economy for all. We’re onboarding new talent across all teams. We’re continuously working with Switcheo and Polynetwork to make the bridge a high-functioning and seamless tool. In fact, you might have seen the news yesterday about our work in gaming and esports with Ninjas in Pyjamas,” the statement said.