It is with regret that we announce Skynet Labs has been unable to complete its next round of fundraising and will be shutting down. Thankfully, Skynet as a platform will be able to continue operating: all user files will remain online and key portions of the infrastructure will continue to be actively developed. Unfortunately, Skynet will have to continue without Skynet Labs and without many of the amazing people who have put their heart and soul into building a brighter future for users and user data.

Much of what Skynet has accomplished, including its ability to continue operating in the face of Skynet Lab’s dissolution, and including its ability to provide value to the wider web3 ecosystem, is owed to the efforts and contributions of the Skynet Labs team members. It is with great sadness that we will be letting the members of our team go, even though we have every need for and appreciation of their efforts.

Read the full announcement to the Skynet community including what to expect next on or