OpenLibra 'Members' Deny Involvement in Project After Devcon Announcement

Neil Dennis

OpenLibra - the permissionless fork of Facebook's Libra stablecoin project, unveiled at DevCon on Wednesday - has misrepresented the organizations involved, according to a report from Coindesk.

The project listed 30 individuals and organizations - claiming they were either partners or potential partners, but failing to specify which.

Four such organizations and individuals named as collaborators on OpenLibra have said they had no involvement in the project, while a few others have said the extent of their participation was overplayed.

Four Deny Involvement

Sunny Aggarwal, a developer at blockchain startup Tendermint, and representatives from Chainlink, the smart contracts host, Web3 Foundation, the decentralized internet company, and Hashed, the early stage venture fund, all said their names had been used without permission on the presentation slides that introduced OpenLibra at DevCon.

Zeke Turner, head of communications at Web3 Foundation, told Coindesk: "We're not opposed to OpenLibra, We're just not a part of it."

Lucas Geiger, founder of the OpenLibra project, sent a message on Telegram - seen by CoinDesk - to Chainlink chief executive Sergey Nazorov apologising for the oversight. It said:

We’ve been in a rush preparing materials, and my team took a list I had of partners and potential partners and put it on the site. It’s removed now. Apologies for the trouble that [this has] caused. I should have reviewed more closely.

 

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