Concourse to Run Leading Ethereum Tool as Creator Gasses Out
Ownership of one of the Ethereum ecosystem’s many useful tools changed hands today after its creator relinquished control to a fast-growing, community-oriented developer community.
Indeed, the Twitter account of ETH Gas Station – a two-year-old website providing metrics related to the Ethereum Gas market – shared on Monday evening that its ownership was henceforth being taken over by Concourse Open Community.
Regarding the future of ETH Gas Station’s creator – who goes by the username ‘latetot’ on Twitter and Reddit – they will be “going on to work on some other [Ethereum-related] projects,” ETH Gas Station went on to tweet.
About 2 years ago, I got interested in ethereum but was having issues with gas prices. I decided to create https://t.co/phLwKCd0MS as an experiment and had a great time building it. Today I am happy to announce that @ConcourseOpen is taking over the site.
— ETHGasStation (@ETHGasStation) March 19, 2019
Concourse Cooking with Gas in 2019
Self-described as “an open community for builders, enthusiasts and researchers working toward a free, bountiful and decentralized future for all humans,” Concourse is the entity behind many well-known Ethereum-oriented projects such as the Settle web-native operating system for decentralized finance and ConcourseQ, a platform for researching and reviewing initial coin offerings (ICOs) and blockchain projects.
Today’s news vis-à-vis Concourse attaining control of ETH Gas Station comes amid a busy quarter for the open-source developer community. Indeed, towards the end of February, Concourse unveiled its latest hit project: DeFi Pulse, a dashboard designed for monitoring the performance of numerous projects operating in the budding subsector of open finance – or DeFi, as it is commonly referred to as.
Roughly a month before the DeFi Pulse launch, Concourse – alongside developer Timur Badretdinov – also announced the alpha version launch of DEX.AG, an app that lets users instantly compare prices across non-custodial crypto exchanges. DEX.AG was a project born out of a Settle-hosted hackathon late last year. As its creator, Badretdinov was awarded first prize; winning $3,000 worth of ether (ETH) as a result. The sleek, user-friendly app now sits among a group of eight projects on Concourse’s website. Should the rate of the open-source community’s growth continue, one would expect the size of their product suite to reach double-digits in the not-too-distant future.