US EditionGitcoin Refocuses On Grants Program, Sunsets Software Division Amid Financial Challenges
Summary by blockchainmagazine.com
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
All
Left
Center
Right
Gitcoin Refocuses On Grants Program, Sunsets Software Division Amid Financial Challenges
Key Points Gitcoin, a platform on Ethereum, is likely phasing out its software team, Gitcoin Labs, due to profitability challenges, with the shutdown set for May 31, 2025. The decision seems driven by financial pressures, evolving Web3 dynamics, and key team member departures, though exact reasons may vary. Gitcoin appears to be refocusing on its Grants Program and asset management, aiming for sustainability. The move could impact Ethereum deve…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
