Tezos Foundation adjusts funding application process: no longer soliciting investment proposals

On April 3rd, the Tezos Foundation announced an adjustment to the funding application process. Starting from April 2nd, the investment proposal solicitation activity posted on the website will end. This decision was made in the context of limited success rate of investment applications and feedback from the ecosystem adoption team. In the future, identifying investment applications will be initiated by the Tezos Foundation and members of the ecosystem adoption team. The Tezos Foundation has shifted from a continuous open funding program to a quarterly review cycle, providing more targeted support and improving application quality. Applications can still be submitted at any time, but there is a centralized review process at the end of each quarter.