Editing to avoid confusion
Do not confuse Open Collective Foundation with Open Source Collective: https://opencollective.com/opensource/updates/regarding-the-announcement-to-dissolve-open-collective-foundation
This is even more confusing because the org behind Open Collective (opencollective.com) is called " Open Source Collective" whereas the org behind Open Source Collective (oscollective.org) is called Open Collective Foundation.
I believe the author here is confused as well
EDIT: I’m even more confused. Links from oscollective.org point back to opencollective.com. 😵💫
This post is unfortunately quite misleading : OpenCollective is not shutting down! The news is just that the Open Collective Foundation, a fiscal host on the Open Collective Platform, is going to be dissolved and that collectives using this fiscal host will have to transfer their funds to another fiscal host.