Recently, Rug Radio appointed Loxley as its new co-CEO to handle corporate strategy and growth alongside Farokh. Learn about Loxley’s background and what prompted him to assume leadership of web3 Media.
Who is Loxley, the new co-CEO of Rug Radio?
Since Rug Radio’s inception, Loxley has been an integral part of the community. He was also a Strategic Advisor and DAO Council member. He started and ran a technology company for thirteen years. Before being appointed CEO of Rug Radio, he built and supervised an e-commerce company with $30 million in sales. Additionally, in 2015 he successfully sold a microfinance payment system he developed.
In the wake of his successful initiatives, Loxley established a family office that has subsequently invested in, acquired, counseled, and managed close to two dozen businesses. Fintech, direct-to-consumer retail, 3PL/fulfillment, SaaS, real estate, cannabis, and other industries in particular. In addition to being the CEO of Rug Radio, he is an accomplished investor and NFTs and cryptocurrencies aficionado.
About Rug Radio
Through a DAO framework, Rug Radio users own the company. With a new CEO, Rug Radio has become a prominent platform frequented by web3 professionals, artists, and influencers. By owning the platform, users have the opportunity to earn tokens, participate in the DAO, and become part of a flourishing community. A model of shared ownership and the use of NFTs make all of this possible. In addition, the website offers a DAO, a “Rug Genesis NFT” collection, and a membership card (RugDAO). This allows users to earn prizes, participate in governance, and obtain access to premium material. Consequently, Rug Radio achieved importance in the NFT and web3 industries.