More crypto shutdowns inbound with social token platform Rally being the latest victim.
Rally, a social token platform, has announced nonfungible tokens on its sidechain will no longer be accessible.across social media platforms that Rally said the platform’s sidechain will “begin to sunset” after Jan. 31, leaving users unable to access NFTs once the site fully shuts down. The site’s developers did not say that they would bein the future, but hinted at building “leaner web3 experiences and/or products on mainnet.
“2022 was a challenging year not only for the platform, but also for the entire crypto industry,” said Rally. “The team has worked relentlessly to try to find a path forward, however the challenges and macro headwinds are too overwhelming to overcome in the current environment.”
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