The brief summary of the given crypto news content is about Michael Kong, the CEO of Sonic Labs (formerly known as Fantom Foundation). Kong has a strong academic background in information technology and commerce, which led him to become interested in blockchain and cryptocurrencies. He started his career in blockchain in 2016 and has since worked on various blockchain projects, including being the CTO of Liberté & Co. and starting his own blockchain development firm, Block8. Kong joined the Enosi Foundation as an advisor to further develop his Ethereum smart contract writing abilities. In 2018, he became the CEO of Fantom Foundation and led the development of the Opera Network, a Layer-1 blockchain that aims to rival Ethereum in terms of speed, scalability, and transaction fees. Kong's strategic focus is on designing a blockchain that can be adopted by sectors such as supply chain management, healthcare, and finance. He prioritizes a balanced approach by prioritizing security along with speed and efficiency. Fantom Foundation has now changed its name to Sonic Labs, and Kong is currently the CIO. He is leading the development of the Sonic mainnet, which aims to surpass current blockchain systems in security and speed. Kong sees blockchain as a basis for building safe and effective systems across multiple sectors, including artificial intelligence. He emphasizes openness and community involvement in his leadership approach and provides insights on Sonic Labs' innovations through podcasts and interviews. Kong's journey is ongoing, and he believes that the practical implementations of blockchain technology are the true measure of success in the sector.



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