🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Gitcoin Co-founder: Grants Lab will close due to lack of a sustainable profit model.
Techub News reports that Gitcoin co-founder Kevin Owocki announced on social media that Gitcoin will close its main software development department, Grants Lab, and bid farewell to some of its outstanding team members. This is one of the toughest decisions since Gitcoin's inception. Key members of Grants Lab have successively left, and the team currently lacks a clear and sustainable profit model, resulting in its financial expenditures exceeding manageable limits.
Therefore, Grants Lab will no longer apply for the budget for the second half of 2025, and the remaining funds will be used to provide severance compensation for affected employees. Gitcoin stated that they will make every effort to support the transition of departing employees in a respectful and caring manner.