cross-posted from: https://lemmy.fmhy.ml/post/505277
From their website: The Gfycat service is being discontinued. Please save or delete your Gfycat content by visiting https://www.gfycat.com and logging in to your account. After September 1, 2023, all Gfycat content and data will be deleted from gfycat.com.
This has been a strange year.
Why though? The website doesn’t say anything.
Probably because venture capital is drying up in part due to high interest rates, and video storage is really expensive at scale