Let's take a look at the big players behind $IRIS.

CN
4 days ago

Exploring the Big Hands Behind $IRIS

1/ The First Big Hand @tkstanczak Tomasz Stańczak

2017: Founded Nethermind (one of the important clients of Ethereum today)

March 2025: The Ethereum Foundation announces the appointment of Tomasz Stańczak as Co-Executive Director

May 2025: Established Lantern Capital, focusing on the AI sector and Ethereum ecosystem projects

As a side note: Lantern Capital has not invested in any projects since its establishment, focusing on this VC.

Tomasz's titles:

Founder of Nethermind

Co-Executive Director of the Ethereum Foundation

Co-Founder of Lantern Capital

Board Member of Starknet Foundation

2/ The Other Big Hand @virtuals_io Official

Note the wording: $IRIS is "a collaborative project led and managed by Virtuals, built on Nethermind technology."

Clear division of labor:

Virtuals: Responsible for $IRIS token issuance, ecosystem development, and proxy deployment

Nethermind: Provides technical support

3/ Outlook

This time, the hype is expected to be at its peak, with the number of participants and staking points likely surpassing that of Solace.

More importantly, the deep cooperation between Ethereum and Virtuals has just begun to unfold.

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