Sonic Labs announced the extension of Fantom Opera's operation until the end of the year and announced a new management team
By: rootdata|2026/06/25 04:45:01
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Sonic Labs released the latest progress update, announcing that the Fantom Opera network will continue to operate until at least the end of 2026, and will continue to provide funding support for the cross-chain bridge during this period.
The team stated that this decision was based on community feedback, as there were previous plans to cease operations of Fantom Opera by the end of this month. Meanwhile, Sonic Labs announced a new management structure, appointing Matt Visser as CEO and Kosta Kourkoumelis as COO, and indicated that they will publicly disclose team member responsibilities in the future, gradually phasing out the unified "Contributor" label.
In addition, the project team stated that they will begin to lift some restrictions on community accounts, allowing for the expression of normal critical opinions, while establishing dedicated communication channels for disclosure, support, feedback, and developer collaboration, and planning to launch a more comprehensive ticket support system and community engagement activities. The team indicated that they will regularly disclose operational progress in the future.
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