Rally, a social token platform, has announced that non-fungible tokens (NFTs) on its sidechain will no longer be accessible after Jan. 31.
Rally Sidechain to be Sunset Due to Crypto Industry Challenges
The platform cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the sidechain.
Users have reported across social media platforms that the site will be shutting down and that NFTs will no longer be accessible. The platform’s developers have not said if they will be offering another path forward, but hinted at building “leaner web3 experiences and/or products on mainnet.”
Rally facilitated the launch of social token projects and the establishment of independent communities directly on the platform. The “creator coins” allowed users to monetize themselves and provide additional revenue.
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— Logll Tech News (@LogllNews) January 31, 2023
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