The Hoskinson Health and Wellness Clinic, co-founded by Charles Hoskinson (co-founder of the Cardano blockchain), is closing on July 31, 2023, after struggling with financial sustainability. Launched in Gillette, Wyoming, the clinic was intended to provide advanced medical services to patients in rural areas, dubbing itself the 'Mayo Clinic of the West.' However, it faced significant operational challenges, including the layoff of 40 employees earlier in the year and a reported cash burn rate deemed unsustainable. The clinic served between 18,000 and 20,000 patients but relied primarily on Medicaid and Medicare reimbursements without additional government funding. Patients are advised to request copies of their medical records before July 17, as the clinic will retain these records for at least 10 years. Following the closure, Hoskinson has expressed his focus on the Cardano blockchain and its privacy-focused layer-1 blockchain, Midnight, amidst a challenging market for cryptocurrencies.