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> I'm shocked that Matrix Foundation is considering shutting down if they don't raise $100K - what's going on behind the scenes here? That’s not what’s happeni
by Arathorn 2y ago
> I'm shocked that Matrix Foundation is considering shutting down if they don't raise $100K - what's going on behind the scenes here?
That’s not what’s happening. The point is that running and maintaining bridges requires $, and without $ that won’t happen.
The problem on financials is underfunding.
edit: If you’re interested in how we’ve ended up there: https://fosdem.org/2025/events/attachments/fosdem-2025-6274-the-road-to-mainstream-matrix/slides/237411/2025-02-0_uVigysz.pdf https://fosdem.org/2025/events/attachments/fosdem-2025-6274-...