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 .