**$FOGO ** (or Fogo coin) is the native token of the **Fogo** blockchain, a new Layer-1 compatible with the Solana Virtual Machine (SVM), specifically built for high-frequency trading (high-frequency/onchain trading) with super low latency (~40ms).
**Created by whom?**
Fogo was created by two main co-founders:
- **Doug Colkitt** (also known as Douglas Colkitt or @0xdoug on X) — Former high-frequency trader at Citadel (one of the world's top hedge funds), founder of Ambient Finance (a previous DEX perps onchain called CrocSwap). He is often referred to as a founding contributor and one of the key technical minds behind Fogo.
- **Robert Sagurton** (sometimes called Robert Sags) — Former executive at Jump Crypto (Global Head of Digital Asset Sales & business advisor), has a long background in TradFi such as JPMorgan, State Street, Morgan Stanley, etc. He is also the Director of Fogo Foundation.
This project has support from ecosystems like Douro Labs (related to Pyth Network) and the influence of Firedancer (a high-performance Solana client made by Jump Crypto). The team focuses on ex-Wall Street and crypto infrastructure that aims to create an "institutional-grade" blockchain for fast trading.
So in short: **Doug Colkitt + Robert Sagurton** are the main duo who created Fogo and its $FOGO . Not an anonymous project or a regular meme coin, this leans more towards serious infrastructure from a professional finance background.
$FOGO
#Fogo
@Fogo Official
**Created by whom?**
Fogo was created by two main co-founders:
- **Doug Colkitt** (also known as Douglas Colkitt or @0xdoug on X) — Former high-frequency trader at Citadel (one of the world's top hedge funds), founder of Ambient Finance (a previous DEX perps onchain called CrocSwap). He is often referred to as a founding contributor and one of the key technical minds behind Fogo.
- **Robert Sagurton** (sometimes called Robert Sags) — Former executive at Jump Crypto (Global Head of Digital Asset Sales & business advisor), has a long background in TradFi such as JPMorgan, State Street, Morgan Stanley, etc. He is also the Director of Fogo Foundation.
This project has support from ecosystems like Douro Labs (related to Pyth Network) and the influence of Firedancer (a high-performance Solana client made by Jump Crypto). The team focuses on ex-Wall Street and crypto infrastructure that aims to create an "institutional-grade" blockchain for fast trading.
So in short: **Doug Colkitt + Robert Sagurton** are the main duo who created Fogo and its $FOGO . Not an anonymous project or a regular meme coin, this leans more towards serious infrastructure from a professional finance background.
$FOGO
#Fogo
@Fogo Official