🚨#GITCOIN WINDS DOWN GRANTS LAB

🔹Gitcoin to shut down Grants Lab, its main software dev unit, due to unsustainable financials.

🔹Affected employees offered severance, vested tokens & career support.

🔹Grants Stack sunsets May 31, 2025 — users advised to transition.

🔹Gitcoin shifts focus to Passport (@HumnPassport), Grants Program, KERNEL, Public Works, and Allo Capital.

🔹Mission to fund public goods remains; GG24 still on track.

#Gitcoin #GrantsLab #PublicGoods

-Gitcoin co-founder Kevin's statement$GTC