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Shocking news came from Gitcoin co-founder Kevin Owocki. In an open statement, he announced a tough decision that had to be taken: Gitcoin officially shut down Grants Lab, their main software development unit. “Today, I am sharing one of the hardest decisions we have had to make since Gitcoin was founded,” Owocki wrote. He added that several talented and mission-aligned team members had to part ways, after a thorough discussion with them. Today, I’m sharing one of the most difficult decisions we’ve had to make since the inception of Gitcoin. We’ve made the call to wind down Grants Lab, the primary software development unit behind Gitcoin, and are parting ways with several deeply talented and mission-aligned team… — Kev.Ξth (@owocki) April 25, 2025 Undeniably, the rapid changes in the Web3 world are one of the main factors behind this decision. On the other hand, Gitcoin sees that the Layer 2 ecosystem is maturing, new coordination is emerging, and many new players are starting to enliven the public funding space. Furthermore, the departure of several key Grants Lab members has made the team’s direction less solid, making it difficult to maintain the work culture that had previously been built. Perhaps the most difficult is the fact that Grants Lab has not found a sustainable financial path. While Gitcoin remains active overall through programs such as Gitcoin Passport (now known as HumnPassport), Gitcoin Grants Program, KERNEL, Public Works, and Allo Capital, the Grants Lab expenses have exceeded their ability to survive. With all of this in mind, Gitcoin has decided not to submit a new budget for the second half of 2025. However, this does not mean that Gitcoin is giving up. Imagine a startup that initially had many business lines, then chose to strengthen one of its flagship products to stay relevant amidst the competition. More or less, that is Gitcoin’s current strategy. They will continue to run the Gitcoin Grants program with a leaner team, while continuing to manage their existing asset portfolio. While navigating this transition, Gitcoin has not forgotten about supporting its former employees. They are providing severance pay, continued token vesting, and career assistance such as personal recommendations from team leaders. On the other hand, existing programs are still receiving attention. For example, on February 26, 2025, Gitcoin launched the ZKsync Community Program to encourage the development of zero-knowledge technology. In addition, last March they also successfully distributed funding to DeFi and Gaming projects in the Avalanche ecosystem. Not only that, Gitcoin had actually prepared a new direction. On December 19, 2024, they released their 2025 funding strategy which focused on decentralization, efficient distribution of funds, and support for Web3 public infrastructure. This shows that behind the closure of Grants Lab, Gitcoin still maintains its adaptive spirit. Even so, the effects of this announcement are still felt. Gitcoin’s native token, GTC, has fallen 1.93% in the last 24 hours to about $0.3397. But interestingly, in the last 7 days, GTC has actually increased sharply by 32.74%. Gitcoin also promised to continue to provide updates to the community, including the big GG24 event which is still scheduled to be present. For anyone with questions or clarification, Owocki opened up a direct line of communication via DMs and their governance forum. One chapter is over, but Gitcoin clearly has a long way to go.

⚠️BWENEWS: Neiro (@neiro): We are very excited to announce that we have officially acquired the exclusive license to the $Neiro intellectual property (‘IP’) from Atsuko '@kabosumama' Sato through a partnership deal with @ownthedoge, the stewards of the Doge, Neiro, and Cocoro IPs. What started as a small community takeover of a handful of people, defied all odds to become one of the most recognizable crypto projects in the world, touching the hearts of thousands whilst also honoring Doge's 'Do Only Good Everyday' spirit by engaging in and running a number of charitable initiatives, centred around issues such as disaster relief, animal cruelty / rescue efforts and children's education, via the community-led Neiro Foundation. Since then we have raised more than $300,000 for various global charities, and we continue to support good causes across the globe. A new page is turning for us today, and we take great pride in knowing that we have acquired the exclusive Neiro IP license. It is a big responsibility, and we will do our best to represent Neiro with integrity, love, and authenticity. This also opens up avenues for us to create and sell officially licensed physical and digital products and services that carry the Neiro brand. We recognize that intellectual property rights are foundational in Web3, just as they have been in Web2. Holding the exclusive license to the Neiro IP is more than a milestone. It is a responsibility. A responsibility to honor Atsuko’s creation, to ensure the creator is properly recognized and supported, and to carry the Neiro brand forward with integrity and care. Protecting and honoring that brand means standing guard over its intellectual property. We will actively preserve Neiro’s legacy by addressing misuse and infringement wherever it arises, and we are fully prepared to take all necessary legal action to defend both Neiro and Atsuko’s rights. ⚠️方程式新闻: Neiro (@neiro)：我们非常荣幸地宣布，我们已正式从 Atsuko '@kabosumama' Sato 手中，通过与 Doge、Neiro 和 Cocoro 知识产权管理机构 @ownthedoge 的合作，获得了 $Neiro 知识产权的独家授权。 Neiro 最初只是一个由少数人组成的小型社区，后来克服重重困难，发展成为全球最知名的加密货币项目之一，触动了成千上万人的心，同时也传承了 Doge “每日只做好事”的精神，通过社区主导的 Neiro 基金会，参与并运营了一系列慈善活动，主要关注救灾、动物虐待/救援以及儿童教育等议题。 自那时起，我们已为全球各慈善机构筹集了超过 30 万美元，并将继续支持全球的公益事业。 今天，我们翻开了新的一页，我们非常自豪地宣布获得了 Neiro 的独家 IP 授权。这对我们来说意义重大，我们将竭尽全力，以诚信、爱和真诚的态度代表 Neiro。这也为我们创造和销售 Neiro 品牌官方授权的实体和数字产品及服务开辟了道路。 我们深知，知识产权是 Web3 的基石，正如它在 Web2 中一样。获得 Neiro IP 的独家授权不仅仅是一个里程碑，更是一份责任。这份责任在于尊重 Atsuko 的创作，确保创作者得到应有的认可和支持，并以诚信和关怀的态度传承 Neiro 品牌。 保护和尊重该品牌意味着守护其知识产权。我们将积极维护 Neiro 的遗产，打击任何出现的滥用和侵权行为，并做好充分准备，采取一切必要的法律行动，捍卫 Neiro 和 Atsuko 的权利。 $IP、$NEIRO ———————————— 2025-04-24 22:31:26

HTX DAO launched its April charity campaign, continuing to practice the concept of "Web3 for Good" According to official social media, HTX DAO continues to practice the concept of "Web3 for Good" and launched a number of warm public welfare actions in April. Among them, HTX DAO, in conjunction with the Ximan Angel Charity Platform and charity ambassador Lu Yao, focused on the growth and care of special children and children in remote areas, and successfully held two offline charity events, warming dozens of children and conveying love and hope with practical actions. In addition, HTX DAO also joined hands with charity ambassador Yang Guo to launch the "Blind Students Reading Live Class", providing exclusive prize support for blind students who participated in the interaction, encouraging them to actively participate and express themselves bravely. HTX DAO said that it hopes to use the resources and community advantages of Web3 to bridge social gaps, promote fairness and inspire hope. At the same time, it will continue to promote the new model of "DAO + Charity" to let the spirit of Web3 shine into every corner of the real world.

Consciousness, a mind-body AI healing platform, completes a new round of financing, with Castrum Capital participating Consciousness, an AI healing platform for mind, body and spirit, announced the completion of a new round of financing, with participation from Castrum Capital, a Turkish full-stack venture capital firm. The specific amount has not yet been disclosed, but it is said to be millions of dollars. The new funds will be used to promote the expansion of the Consciousness global community, accelerate the improvement of AI soul mates in personalized experience and psychological intervention accuracy, deepen cooperation with global mental health research institutions and mind, body and spirit mentors, and continue to expand its machine learning database. Currently, Consciousness is committed to integrating AI technology with Web3 architecture, promoting global community interaction and the spread of mind, body and spirit health awareness through incentive mechanisms, and creating personalized AI healing partners and related tools.

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