According to BlockBeats, on October 4, the DAO salary payment system Utopia announced that it will shut down its services on November 6, 2023 and will be free to use until the end of this month. The announcement emphasized that the move was not to close the company, but to abandon existing products and directions. Previously, Utopia announced in June last year that it had completed a $23 million Series A financing led by Paradigm.