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Entropy founder and CEO Tux Pacific says that, after four years and multiple pivots, the project was unable to find a scalable business model.Crypto start-up Entropy is closing down and handing funds back to investors, citing issues with scaling and struggling to find product-market fit.
Entropy founder and CEO Tux Pacific posted to X on Saturday that the crypto automations platform doesn’t have a viable path forward after years of operation. “After four years, several pivots, and two rounds of layoffs, I’ve decided to wind-up Entropy and return capital to our investors,” Pacific said.Pacific said that over the second half of 2025, Entropy was developing a crypto automations platform integrated with artificial intelligence, in a similar fashion to mainstream workflow platforms such as Zapier.However, Pacific said that “after an initial feedback request revealed that the business model wasn’t venture scale, I was left with the choice to find a creative way forward or pivot once more.” “After four hard years working in crypto, I decided that the best I could do has already been done: it was time to close up shop.”Farcaster co-founder Dan Romero quashed rumours that the platform was shutting down via X, noting Neynar would steer the project in a more developer-focused direction, with Farcaster still having strong usage metrics.Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy
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