Nostra Labs CEO David Garai has resigned from his post, and with this, the market value of the NSTR token has also fallen. Richard Thomas-Pryce, the current Head of Product at Nostra Labs, will now take over as CEO.
Resigned but Not out
David Garai is also the founder of Nostra; his resignation from his post is not a big deal. Many founders have resigned from the post of CEO of the project, but they have remained important officials of the project, such as Michael Saylor of Microstrategy. However, Richard has to do something like CEO.
NSTR
Nostra is a Starknet-based project; just two weeks ago, its original token NSTR, went live with an airdrop without a vesting period, and then many analysts expressed doubts about it. Now many people think that David Garai dumped NSTR. Although the market for the token can rise and fall, it cannot be said how long the bear will last.