On November 7, 2019, the Board of Directors of Zedge, Inc. accepted the resignation of Elliot Gibber from the Board of Directors, it's Audit Committee, Compensation Committee, Corporate Governance Committee and Nominating Committee. Effective November 7, 2019, Michael Jonas resigned as Interim Chief Executive Officer of the Company, but remains as a member of the Board of Directors and as Executive Chairman of the Company. The Board of Directors of the Company appointed Elliot Gibber, to serve as Interim Chief Executive Officer effective November 7, 2019.
Elliot Gibber was a member of the Board of Directors of the Company from January 17, 2018 to November 7, 2019.
Zedge, Inc. is engaged in building digital marketplaces and competitive games. The Company's products include Zedge Ringtones and Wallpapers, which is a freemium digital content marketplace offering mobile phone wallpapers, video wallpapers, ringtones and notification sounds; pAInt, a generative artificial intelligence (AI) wallpaper maker; GuruShots, a skill-based photo challenge game, and Emojipedia. It uses open-source software in connection with its services. The Zedge Ringtones and Wallpapers app is available both in Google Play and the App Store. Its GuruShots product offers a platform spanning iOS, Android, and the Web that provides an educational and structured way for amateur photographers to compete in a variety of contests. It has added non-fungible token (NFT) functionality to a limited number of Zedge Premium creators via NFTs Made Easy, and all NFT Made Easy transactions are made using Zedge Credits.