📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Square, led by Jack Dorsey, will increase its investment in Bitcoin Mining and shut down its previous "Web5" project
According to Jinse Finance, Jack Dorsey's payment company Block (SQ) plans to refocus on developing devices for BTC (Bitcoin) miners and self-hosted encryption wallets. Part of the funding comes from abandoning the creation of a new decentralized Internet called "Web5" (established in June 2022) and reducing investment in the music streaming app Tidal. This decision was announced in the same week as Trump's victory in the US presidential election. He promised to provide a more friendly Cryptocurrency environment for the United States, and BTCMining is an industry he promised to support during his campaign. In addition to the letter to shareholders, Block also released its financial results for the third quarter on Thursday. According to FactSet, the company's revenue was $5.98 billion, lower than the Wall Street analyst average expectation of $6.24 billion. Subsequently, the company's stock price fell by as much as 10%.