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Web3 Foundation announces latest donation project Occeloids

Web3 Foundation, the development organization behind Polkadot, announced Ocelloids as the latest donation project for the "Decentralized Futures" program. Ocelloids plans to create a cross-chain monitoring system for Polkadot based on the Cross-Consensus Message Format (XCM) monitoring server. The system is bundled with monitoring logic, and either party can operate it according to their own needs. All components of the Ocelloids project will be open source. In addition, they will provide paid development services for customized programs and derivative development. At the same time, they will strive to maximize the decentralization of the monitoring service network, including introducing token incentives for participants.