“So unless the Foundation manages to raise $100,000 of funding by the end of March 2025, we will have to focus our resources on the critical lines of work, and consequently we will have to shut down all the remaining bridges hosted by the Matrix.org Foundation.”

The Matrix.org Foundation spent $1.2 million in 2024 and brought in $561,000. It needs $100,000 by the end of March or its Slack, XMPP, and IRC bridges shut down. Half the budget is still unfunded. The companies building on Matrix are not paying for it.