CEO Bryan Legend announced in early July his immediate departure from Vulcan Blockchain. Legend states his leaving Vulcan is the right move for himself and the company. Not only is Legend the founder of Vulcan Blockchain, but he also founded OOXY Labs in early 2023.
Legend grew up in Australia and was a high school dropout who has made a name for himself as a leading entrepreneur in the crypto industry. Bryan Legend is stepping away from the business. Legend has publicly announced he is struggling with his mental health. He was working on his latest project, SafuuGo, when things came to a head, and he knew he needed to step away. He took to Twitter to announce he was having some mental issues. Several stakeholders commented that Legend did not seem like his usually confident self. Legend realized his mental health issues were being noticed. He could no longer handle the pressure.
— Bryan Legend (@BryanLegendCEO) July 19, 2023
Bryan Legend was worried that his lack of performance would leave a permanent, negative mark on Vulcan. He did not know what else to do but leave the company. His abrupt departure caused an uproar. After looking back, Legend does feel he could have handled the situation better. However, he was full of emotions and did it without rationalizing it.
Legend reassures Vulcan users the company is in good hands and their investments are safe. As for the future, Legend does not have it mapped out. He states that the decision to leave was not an easy one. However, he needs a break and will relax in Australia while addressing his mental health issues.