Neiro ends its partnership with Gotbit, focusing on future growth and community-driven development with new market makers for sustainability.
Neiro has decided to end its partnership with Gotbit, a market maker working with the project. This news was shared on Neiro official X account. The company clarified that the issues involving Gotbit and its employees are not related to Neiro. Neiro emphasized that the decision was made in the project’s and its community’s best interest.
Gotbit is a tight-knit community of successful Web3 founders who help each other create the future of blockchain. The team at Neiro agreed that Gotbit has done some good work, but they think it is time for a change. The decision to terminate this partnership is to enhance the Neiro project as much as possible.
Neiro also said that some of the market-making funds have been returned to the community multisig. The company fully owned this decision and referred to it as a miscalculation. As for the rest of the amount, the CTO lead S will continue making market-making payments himself. This temporary measure will help keep things stable while the government transitions to another development phase.
The company also sought to assure the community that new market makers are already in the pipeline. These new partners are well-established market players who are like-minded with Neiro regarding a long-term perspective. Neiro’s leadership feels these new partners will likely share a common vision and mission with the community.
Neiro Announces Transition to New Market Makers, Eyes Future Growth
Neiro’s decision is centered on preserving integrity in all business transactions. Therefore, the project remains community-oriented and focuses on charity and doing good every day. Neiro’s leadership is certain that this change will help make the project more viable in the long run.
The company also thanked the community for its support. They said the project would continue to have its core goal of making positive changes and giving back to society. Neiro has the ambition to develop and be successful with the support of its community.
Lastly, the change of new market makers will be completed in a few hours or days. Neiro looks forward to this next phase and thinks it will improve the project’s success. The team expressed gratitude to those who put their trust in it. They stated that this change marks an important step toward building a stronger and more sustainable future for Neiro.