Harmony ONE Proposes Network Shutdown for AI Pivot

The team behind Harmony recently announced a major proposal to shut down the blockchain. They cited growing security risks from AI as a primary reason for the move. Developers are now encouraging users to exit their smart contracts and remove assets from the network before the September 10 deadline.

This decision marks a significant transition for the project. Instead of maintaining the current blockchain infrastructure, the team plans to migrate ONE tokens over to Ethereum. They intend to use their resources to start a new business focused on AI video production.

Investors should pay close attention to the upcoming migration details. Moving assets from one chain to another often comes with technical risks. If you hold tokens on this network, check the official project channels to learn how to move your funds safely before the platform shuts down.