News with the tag "clockwork"

Clockwork, a Solana-based smart contract automation project, is set to cease key operations by the end of October due to a lack of commercial viability.

Clockwork, a Solana-based smart contract automation project, announced its decision to shut down by the end of October, citing “limited commercial upside.” The startup, which had raised $4 million in a seed round last August, will cease active development and turn off its nodes on both devnet and ma...

Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital.

Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital.

Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.” Nick Garfield, the founder of the protocol announced on Aug 28 the plans of the company to shut its doors by Oct 31 ...