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The Interchain Foundation

The Interchain Foundation (ICF) is a Swiss foundation pushing the frontiers of blockchain-related infrastructure. As stewards of the Interchain, we fund and advance the creation of an interoperable, sustainable, and community-owned decentralized ecosystem. Visit interchain.io

Letters from ICF & Skip Leadership.

2 min readDec 11, 2024

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Yesterday, the Interchain Foundation announced the acquisition of Skip, thus creating Interchain Inc. a new subsidiary of the ICF. As part of this announcement, the Foundation Council President and the incoming leadership of Interchain Inc. shared their thoughts with Cosmos and broke down the vision that fueled this new step.

Josh Cincinnati, President of the Foundation Council

Josh Cincinnati, President of the Interchain Foundation’s Foundation Council remarks in his letter how excited he is to work with Barry and Mag and the greater incoming team to reignite Cosmos, in this great reenvisioning of the ICF as a core contributor.

Ethan Buchman, Co-founder of Cosmos

Ethan Buchman, co-founder of Cosmos, welcomed the incoming leadership team and shared his excitement for unlocking the true potential of Cosmos’ growth, and development; as Ethan steps down from his position on the Foundation Council, he passed on the torch to the new leadership team at the ICF, and the newly formed Interchain Inc.

Barry Plunkett & Maghnus Mareneck, Co-founders of Skip, incoming leadership of Interchain Inc.

As long-time Cosmos supporters, Mag and Barry’s letter outlines the background behind this acquisition; and their enthusiasm to enable a new vision for Cosmos, driven by unity across the interchain, an end to fragmentation, a proper go-to-market, an influx of new builders, a and a reinvestment into the Cosmos Hub.

We thank Josh, Ethan, Mag, and Barry for sharing their thoughts with the ecosystem — and thank the ecosystem for voicing their feedback and support throughout the week.

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Written by Interchain Foundation

The Interchain Foundation (ICF) is a Swiss nonprofit. It stewards the development of the Cosmos blockchain ecosystem and tech stack. https://interchain.io/

Published in The Interchain Foundation

The Interchain Foundation (ICF) is a Swiss foundation pushing the frontiers of blockchain-related infrastructure. As stewards of the Interchain, we fund and advance the creation of an interoperable, sustainable, and community-owned decentralized ecosystem. Visit interchain.io