On March 7, Fantom CEO and CIO Michael Kong tweeted that the previous tweet by Andre Cronje to terminate 25 projects was misunderstood, and they were terminating their participation but handing over everything they run to the existing team.
Many of these projects have existing teams, such as Yearn Finance, Multichain, which have been around for many years, and these projects have not stopped developing.
Also there are no changes to Fantom’s operations, all core and middleware developers are working hard on the next update, including Snapsync, Flat storage, etc.and Fantom is constantly expanding our team of researchers and developers.