The Tezos Foundation brings in Roman Schnider, the co-creator of PricewaterhouseCooper

The Tezos Foundation recently announced that the co-creator of PricewaterhouseCooper Switzerland's Blockchain initiative will be joining the team to strengthen its operations in the country.

Over the past year, the analyst had been working as an external auditor of the Tezos Foundation's finance and business operations allowing him to have a broader understanding of Tezos.

"As the foundation continues to provide resources to a growing Tezos ecosystem, the CFO and operations lead will be critical to our success. Roman's experience makes him the ideal finance and operations specialist for our team. He is already familiar with the opportunities and challenges blockchain projects face and has a deep understanding of the Tezos Foundation from his time at PwC.".

"I sincerely look forward to joining the Tezos Foundation. Together, we will work to serve and support the Tezos community in the most effective, efficient and transparent way possible."

The Foundation has been taking different steps towards strengthening its team and the Tezos network.

In an attempt to demonstrate that Tezos can become an open infrastructure for social and economic coordination that governs and upgrades itself, it went through its first amendment process.

Although the recent announcements coming out of the Tezos Foundation have been positive for the future of the cryptocurrency, there has not been a lot of action in its price.

A double bottom or "W" pattern could be forming, which predicts a reversal move to where Tezos started falling, which is around $1.60.

Tezos has experienced a 450 percent increase in its market valuation since the beginning of the year.

This cryptocurrency has demonstrated its ability to self-amend and self-govern by going through its first voting process and as the year progresses there will likely be more updates coming from the Tezos Foundation.