Fed@masterprintr
A New Chapter for Printr
First, I apologize for the radio silence in the last two days. This has been an incredibly difficult time for me and this is the hardest thing I’ve written. After two years of building Printr, I'm stepping down as CEO. Lennon (@0xlenn), our COO and Head of GTM, will take over as CEO effective immediately. Lea continues as CTO and co-founder. I'll be staying on as an advisor
As part of this transition, we're also making a significant decision: we will be returning all funds raised in the community sale. I want to be transparent with our community, team, and investors about why, and what this means for Printr going forward.
Why I'm stepping down
Building Printr has been the most meaningful work of my life. We set out to make token creation a fair, transparent primitive of the onchain economy, to democratize crypto for everyone, and to align incentives so creators and communities could thrive together.
I still believe in that mission. But I've been running close to empty for a while, and the events of the last few days have pushed my health past where I can keep leading from the front. We saw bad actors like Fax take advantage of users on the platform. Fax convinced me they were building a fee share feature on top of Printr which I thought was value additive to the Printr ecosystem. I gave attention to this because I thought it was great to have the community build out useful features for the ecosystem. Afterwards,they quickly launched a token and farmed their users. Many people claimedthat I endorsed it. Trust eroded. Many in the community placed that responsibility on me personally even though I was not involved neither did I endorse it. This caused a cascading effects of tokens in the Printr ecosystem selling off. Watching it unfold has been the most painful part of this journey.
Despite having intentions of improving the launchpad space, and doing everything in my power to put community first, I have received many toxic messages, threats, blaming me for the actions of bad actors. People know me to be a kind, empathetic person. I read every message from the community, and the FUD, blame and toxicity has heavily weighed on my mental health. I'm dealing with chronic stress and other health problems, and I'm not in a state to continue as CEO through TGE and beyond. Pretending otherwise would be unfair to the team, our community, and everyone counting on Printr to deliver.
The right thing to do is to step back, recover, and put Printr in the hands of leaders who can carry it through this next chapter with the energy it deserves.
Why we're returning the community sale
We built Printr because we believed in fairness, transparency, and aligned incentives. A leadership transition alone is not enough to reset that trust. Returning the community sale is the clearest signal we can send that we are serious about doing right by the people who backed us early.
Every participant in the community sale will receive a full refund. Details on the refund process will follow in a separate post within the next 7 days.
Printr will continue, the mission continues, but it continues without obligations to community sale participants who deserve the option to exit cleanly.
Why Lennon is the right person to lead
Lennon has been the engine behind Printr's go to market from the beginning. As COO and Head of GTM, he has driven our partnerships, our community growth, our launch execution, and our ecosystem positioning across every chain we operate on. He knows the market, he knows our users, and he knows what it takes to win in this space.
Printr's next chapter is about distribution, adoption, and rebuilding trust. Lennon is the right leader for that chapter.
He'll be working alongside Lea, who continues as CTO and co-founder. Together they have my full confidence.
My role going forward
I'll be staying on as an advisor to Printr. I'm not walking away from the mission or the team, I'm stepping out of the day to day so I can recover, and so Lennon and Lea can lead with a clear mandate. They'll have my full support, my context, and my network whenever it's useful to them.
What stays the same
The product continues. The team is intact. The roadmap is intact. The platform operates as normal. Lennon will share more about near term priorities in a follow up post.
To our community and supporters
Thank you for believing in what we're building. The vision is bigger than any one person, and Printr has always been a team effort. To those who participated in the community sale, you'll be made whole. To those who continue to use and build on Printr, you'll be in great hands.
Fed
