Marketing and outreach activities accounted for the biggest chunk of spending, with over $36 million spent on advertisements, events, meetups, conference hosting, and other initiatives. These efforts were intended to attract new users, developers, and businesses to the ecosystem.
Related posts
-
More than 10 years since the collapse of Mt. Gox, users confirm reimbursements
Defunct cryptocurrency exchange Mt. Gox has started payments to rehabilitation creditors as part of its rehabilitation... -
20% Price Drop Follows $87 Million Spending Outrage
The winds of change are swirling around Polkadot (DOT). After a month-long slump that mirrored a... -
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating...