Chia Expands Team to Drive Industry Adoption

Impressive new talent adds to expanded engineering unit since May

SAN FRANCISCO–(BUSINESS WIRE)–Chia Network, Inc., a new energy-efficient decentralized blockchain founded by Bram Cohen, today announced it boosted its team with key hires across several divisions, including sales, product development and engineering, to support the global adoption of Chia’s secure programmable money as the premier eco-friendly crypto option.

In addition to doubling Chia’s engineering team since May, the company is committed to onboarding world class industry experts to ensure increased adoption among financial firms, multinational companies and government agencies.

“Chia’s expansion and key talent acquisitions across several functions will support our growth and the broader adoption of our crypto currency,” said Gene Hoffman, Chia’s President & Chief Operating Officer. “We’re delighted to welcome our talented new team members to prepare for our next surge in growth at a key moment for the crypto industry.”

The new Chia team members include:

Paul Hainsworth, Vice President of Product

Hainsworth served as a product manager for Amazon, helping build the Alexa ecosystem. From 2016 to 2020 he was CEO at Open Garden, after serving as Vice President of Product Management in 2015. Previously, he served as Director of Product Management at BlackBerry and Head of Mobile Data Services, Prepaid Division of Sprint Nextel.

Steve Booth, Vice President of Sales

Booth spent the last 10 years as Vice President of Eastern Region for Vindicia, where he supported online merchants across multiple business models. Before that, he served as Vice President of Sales at Proclivity Systems and Vice President of Sales & Business Development at Aria Systems.

Trace Galloway, Vice President of Sales Engineering

Galloway for the past 12 years served Vindicia in increasingly key roles including Global Vice President Solution Specialist, CSP Sales Director of North America, Managing Director of Solutions Engineering and Regional Director Sales Engineering. Earlier, he served as Director of Pre-Sales Engineering at Solidcore Systems (acquired by McAfee) and Vice President of Implementation and Field Services at Active Reasoning (acquired by Oracle.)

J. Eckert, Vice President of Ecosystems Operations

Eckert most recently served of Head of California Offices & Director of Partnerships at Genvid Technologies. Previously, he served as 3rd Party Ecosystem Manager for Riot Games, where he led several teams surrounding developer relations and partner relations. Earlier roles included Developer Relations Account Manager at Electronic Arts and Operations Manager at Super Computer International.

Ken Griggs, Senior Director of Customer Success and Professional Services

Griggs joins from Deloitte where he served as Professional Services Delivery Lead, where he was was helping internal and external clients implement and operate Deloitte-developed AI solutions. Prior to Deloitte, he spent 14 years at Nexidia in several notable roles including Product Manager, Component Software Products and Senior Software Engineer.

About Chia Network

Chia Network Inc. is a state-of-the-art open-source decentralized blockchain, digital currency and smart transaction platform. Founded by Bram Cohen, inventor of BitTorrent, the Company believes that “digital money” should be easier to use than cash, harder to lose and nearly impossible to steal. Using the first new secure Nakamoto consensus algorithm invented since Bitcoin, Chia operates an eco-friendly, secure and user-friendly system for cross border payments, issuing and exchanging financial assets, lending, escrow payments, institutional custody and distributed identity. Chia’s blockchain is based on “Proof of Space and Time” which has a significantly reduced carbon footprint compared to “Proof of Work,” used by all other crypto networks. Built on Chialisp, the company’s smart coin language, Chia’s blockchain allows its users to build and execute secure “smart coin” transactions.

The Company is funded by leading venture capitalists including Richmond Global Ventures, Slow Ventures, Andreessen Horowitz (a16z), Naval Ravikant, True Ventures, Cygni Captial, Galaxy Digital, Greylock, MetaStable, Stillmark, DCM, and others. Chia’s advisors include Dr. Dan Boneh, Research Partner at a16z and Applied Cryptography Professor at Stanford University; David Frazee, Managing Partner at Richmond Global Ventures; Katie Haun, General Partner at a16z; Dr. Krzysztof Pietrzak, Cryptography Professor of IST Austria. For more information, visit chia.net and connect with us on Twitter (@chia_project), Facebook, GitHub, Reddit, and LinkedIn.

Contacts

FTI Consulting

Antonia Gray/Dan Margolis/Erica Richardson

E: [email protected]

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