Karma3 Labs and its OpenRank protocol will be discontinued, and the remaining capital will be returned to investors Sahil Dewan, founder of Karma3 Labs, the development team behind the decentralized reputation protocol OpenRank, announced on the X platform that after three and a half years of construction, the company and its OpenRank protocol will be closed and cease development. The remaining capital will be returned to investors, and all code, protocols, documents, and learning materials will be open sourced. The GitHub repository will be archived and permanently made public. Dewan stated that OpenRank has generated reputation ratings for over 10 million on chain users, facilitated incentive allocation of over $50 million, and supported over 50 integrations. But the team failed to find a company form that could generate compound interest growth, and the core lesson is that the right topic will not automatically translate into scalable business. Infrastructure needs to be anchored in users' existing workflows, rather than future behaviors that the market wants to learn from.