Gitcoin will officially shut down its core software development team Grants Lab on May 31, 2025.

According to Wu, Gitcoin founder Kevin Owocki announced that the core software development team Grants Lab will officially shut down on May 31, 2025, and will stop maintaining the Grants Stack product. The reason is the lack of a sustainable profit path for Grants Lab, which has been affected by changes in the Web3 public goods funding environment and the loss of key team members. Gitcoin will focus on a more streamlined operation of the Grants project and provide severance support to affected employees.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)