Gitcoin decided to shut down Grants Lab due to financial sustainability challenges and key team members’ departures.
Gitcoin will continue focusing on its core programs like Gitcoin Grants and HumnPassport with a leaner team structure.
Shocking news came from Gitcoin co-founder Kevin Owocki. In an open statement, he announced a tough decision that had to be taken: Gitcoin officially shut down Grants Lab, their main software development unit. “Today, I am sharing one of the hardest decisions we have had to make since Gitcoin was founded,” Owocki wrote.
He added that several talented and mission-aligned team members had to part ways, after a thorough discussion with them.
Today, I’m sharing one of the most difficult decisions we’ve had to make since the inception of Gitcoin.
We’ve made the call to wind down Grants Lab, the primary software development unit behind Gitcoin, and are parting ways with several deeply talented and mission-aligned team…
— Kev.Ξth (@owocki)
