Eightco Holdings Inc. has announced the appointment of Dan Ives as the new Chairman of the Board, along with significant changes to the company's stock symbol and strategy.
Appointment of New Chairman
Dan Ives, a renowned technology and AI expert, has been appointed as the Chairman of the Board for Eightco Holdings Inc. He described this appointment as a 'defining moment for Eightco,' expressing hope that the company can lead the Proof of Human revolution.
Orb Technologies and Proof of Human
The Orb technology, used for identifying unique users, enhances security and confidentiality. Ives noted that user identification occurs without storing personal data on the blockchain, reinforcing trust in this system.
Changes in Liquidity and Company Strategy
The company also announced a change in its Nasdaq ticker symbol to 'ORBS' and the closing of a $270 million private placement. This placement aims to implement the Worldcoin treasury strategy associated with managing digital assets.
The new appointment and strategy changes at Eightco Holdings Inc. reflect the company's commitment to innovation and leadership in digital identification and security.
