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TapTools, Cardano’s (CRYPTO: ADA) primary analytics and infrastructure platform, announced Tuesday it will wind down operations over the next two weeks.
Leadership Exits And Rising Costs Made Operations Unsustainable
TapTools lost two co-founders earlier this year, including its Chief Technology Officer and Chief Operating Officer, followed by the exit of a backend developer who had stepped into the CTO role.
The departures left the platform unable to justify the ongoing cost of running large-scale infrastructure, development, and support operations.
“The question is not whether we want to continue,” the team wrote. “The question is whether we can responsibly commit to the future…
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