✋ Gitcoin has decided to shut down Grants Lab, its core software development unit.
Grants Stack will cease operations after May 31, 2025, due to financial pressures and the lack of a sustainable business model.
Nonetheless, Gitcoin remains committed to supporting public goods through projects like Gitcoin Passport, KERNEL, and Allo Capital, with more updates coming soon.
At the same time, the price of $GTC has increased by 36.11% over 7 days, with a current FDV market value of $33.70 million.
