The former director of the Avalanche Foundation confirmed that the three directors of the foundation have collectively resigned

ChainCatcher news, former board member of the Avalanche Foundation Omer (@demirelo) released a statement on the X social platform confirming that three board members, including Aytunç Yildizli and Vikram Nagrani, officially resigned from the board of the foundation and its subsidiaries earlier this week.

Among them, executive director Aytunç Yildizli ceased to perform his duties on February 28, 2025, after which the board has been in a wait-and-see mode, trying to find a way forward.

Omer stated, "During the past 18 months of my and Aytunç Yildizli's and Vikram Nagrani's tenure, we have driven several important initiatives, including establishing the Avalanche Foundation's brand image, releasing the first annual report, launching incentive programs such as infraBUIDL () and infraBUIDL (AI), and developing the AiFRED project. We also focused on strengthening internal coordination within the ecosystem and shifting the growth strategy towards new market development and strategic partnerships. This collective voluntary resignation decision is 'well-considered,' and we will continue to pay attention to the development of the Avalanche ecosystem in the future, wishing all the best for the Avalanche ecosystem and community."