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Techub News News, the Web3 Foundation (W3F) founded by Gavin Wood announced a strategic adjustment and a narrowing of its scope of operations, returning to the long-term vision of advocating for Web3 while ensuring that the resources held by the foundation are deployed responsibly. As part of the ongoing adjustments, several projects and initiatives including the JAM Prize, Polkadot governance support, Polkadot Wiki, knowledge base, Kusama Vision, and developer documentation will be evaluated and transferred to other teams and organizations outside of W3F.