Harmony Prepares to Sunset Layer 1 and Move to Ethereum

The team behind Harmony announced plans to sunset its current Layer 1 network. This transition involves a major shift in strategy as the project moves toward a new goal focused on AI video creation.

To manage this change, the network plans to assist existing validators with a migration process. The team wants to move assets and activity to the Ethereum ecosystem to support this new project, which they call a remix economy for AI video creators.

This shift marks a significant change for the project after years of operating its own chain. Users should watch for official instructions on how the migration will work for their assets. The focus is now entirely on building tools for digital video content rather than maintaining the original network infrastructure.