Cryptoknowmics
2022-12-27 06:24:45

Near Project’s Octopus Network Fires 40% of Staff Amid Crypto Winter

In order to respond to the current market environment, Octopus Network, a decentralized application chain network primarily based on NEAR Protocol, has declared that it would be “refactoring.” Octopus Network to Terminate Employees Octopus Network will fire about 40% of its staff, or 12 out of 30 people, as part of its restructuring process. The remaining workers will also have a 20% pay decrease, and the team token inducement will be permanently discontinued. Despite having seen prior cryptocurrency winters, Octopus Network creator Louis Liu claims that this winter is significantly distinct from the previous ones. According to Liu, the present The post Near Project’s Octopus Network Fires 40% of Staff Amid Crypto Winter appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.