#BlocklikeNews Nick, a former employee of Solana’s ecological decentralized automation network Clockwork, tweeted that due to the opportunity cost and limited business prospects, the Clockwork development team and himself decided not to develop the protocol. Developers can continue to use the software they wrote, but the team will be closed on 10 Devnet and mainnet nodes will be shut down on March 31st. On-chain programs will be frozen, and the code will continue to be open source and freely available on GitHub. If the community is willing to improve the protocol, the team will fully support forks and releases. For users who currently rely on Clockwork, the team will do its best to ensure the continuity of the service

According to previous reports, in August 2022, Clockwork completed a $4 million seed round of financing, led by Multicoin Capital and Asymmetric, with participation from Solana Ventures and El Cap Ventures.