Tendermint changes name in light of former CEO Jae Kwon’s new project

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Tendermint changes name in light of former CEO Jae Kwon’s new project
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Cosmos-focused Tendermint is rebranding to ‘Ignite’ because its original founder is taking back control of its name.

Tendermint, a core contributor to the Cosmos project, is rebranding to “Ignite” as its current name is being used for a new project by one of its founders.

Now it appears Kwon is taking back ownership of the Tendermint brand in order to launch a new project. Ignite CEO Peng Zhong, who replaced Kwon, told The Block that Kwon plans to launch a new initiative under the Tendermint name. Kwon confirmed to The Block that he's launching a new platform but wouldn't provide any further details.

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