Web3 Foundation Strategic Adjustment: Will Transfer Projects Such as Polkadot Governance Support and Polkadot Wiki

PANews, March 7th – The Web3 Foundation has announced a strategic adjustment to return to its core mission, focusing on Web3 promotion and resource management, supporting community, governance, and technical infrastructure, as well as placing greater emphasis on long-term vision and resource management. Based on this strategic adjustment, the Web3 Foundation will transfer several projects and initiatives, including the JAM Prize, Polkadot governance support, Polkadot Wiki, knowledge base, Kusama Vision, and developer documentation, to other teams and organizations to ensure long-term impact and healthy ecosystem development.