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Cryptocurrency News Articles
Gitcoin Discontinues Its Public Goods Network (PGN)
Jun 04, 2024 at 01:15 am
Gitcoin has announced that it will discontinue its Public Goods Network (PGN). The platform has set a deadline for the withdrawal of funds, which is the 30th of June.
Gitcoin, a platform that connects developers and open source contributors with people and organizations interested in funding their work, has announced that it will be discontinuing its Public Goods Network (PGN).
The platform has set a deadline for the withdrawal of funds, which is the 30th of June.
After this date, any remaining funds will be returned to the original contributors.
The PGN was launched in 2021 as a decentralized network for funding public goods, aiming to provide a more transparent and efficient system.
However, the network has faced challenges in terms of adoption and liquidity, leading to the decision to discontinue it.
Gitcoin will continue to offer its core platform and other funding initiatives.
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