According to ME News, on July 26 (UTC+8), Forma Chain, built on Astria and Celestia, announced it will cease operations. The team pledged to ensure a smooth transition and confirmed that Modularium and Forma NFTs will be migrated to Ethereum L1 to preserve the longevity of the artworks and marketplace. After the migration, users’ NFTs will be tradable on OpenSea or other Ethereum-based marketplaces, with Modularium continuing to serve as the home for these collections. Additionally, the team encourages users to withdraw their funds via the Forma bridge; any unwithdrawn funds will be manually migrated to an EVM-compatible chain to be announced later. (Source: Foresight News)
Forma Chain Announces Cessation of Operations, Assets to Migrate to Ethereum
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Summary
Forma Chain, a blockchain built on Astria and Celestia, has announced it will cease operations on July 26 (UTC+8). Modularium and Forma NFTs will migrate to Ethereum L1 to preserve the art and marketplace. Users can withdraw funds via the Forma bridge; unclaimed assets will be manually migrated at a later date. NFTs will become tradable on OpenSea and other Ethereum marketplaces. On-chain data indicates growing interest in altcoins to watch as the migration progresses.
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