Omnichain launchpad Printr to cease operations Aug. 31 and cancel planned TGE and airdrop

Omnichain launchpad Printr to cease operations Aug. 31 and cancel planned TGE and airdrop

Tokens already launched using Printr will continue to exist as independent assets on their respective blockchains.

Omnichain token launchpad Printr has announced that it will shut down by Aug. 31, 2026, after spending the past three months exploring options to continue operating. The platform said it ultimately could not secure the capital or distribution support required to build a sustainable business in the current market.

The wind-down process begins on Aug. 18, when Printr will automatically unstake all user positions and claim accumulated staking fees across supported chains. Those assets will be sent back to the wallet addresses at which they were deposited, after which the staking feature will be paused, as noted by the project.

Users who have not received their assets by Aug. 20 are being asked to contact Printr through Discord before the final shutdown date, the team stated.

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Printr also confirmed that its planned TGE and airdrop will not take place. Following the Aug. 31 closure, its application interface will go offline and the platform will no longer support the launch of new tokens.

Existing tokens launched through Printr are unaffected at the protocol level, according to the company. They are independent on-chain assets that remain on their respective networks and are not owned or controlled by Printr.

The first project incubated by Bybit Venture Studio, Printr was built to simplify token creation and cross-chain trading. The platform allows creators to launch tokens across supported blockchains and lets users discover and trade those assets without having to manually handle each chain’s wallets, gas requirements, bridges, and deployment processes.

The project has raised $4.5 million across pre-seed and seed-extension rounds backed by investors including Sfermion, Draper Dragon, Axelar Foundation, Sui Foundation, Flow Foundation, Mantle EcoFund, Mirana Ventures, L1D, and Flowdesk.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Omnichain launchpad Printr to cease operations Aug. 31 and cancel planned TGE and airdrop
Omnichain launchpad Printr to cease operations Aug. 31 and cancel planned TGE and airdrop

Tokens already launched using Printr will continue to exist as independent assets on their respective blockchains.

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Omnichain token launchpad Printr has announced that it will shut down by Aug. 31, 2026, after spending the past three months exploring options to continue operating. The platform said it ultimately could not secure the capital or distribution support required to build a sustainable business in the current market.

The wind-down process begins on Aug. 18, when Printr will automatically unstake all user positions and claim accumulated staking fees across supported chains. Those assets will be sent back to the wallet addresses at which they were deposited, after which the staking feature will be paused, as noted by the project.

Users who have not received their assets by Aug. 20 are being asked to contact Printr through Discord before the final shutdown date, the team stated.

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Printr also confirmed that its planned TGE and airdrop will not take place. Following the Aug. 31 closure, its application interface will go offline and the platform will no longer support the launch of new tokens.

Existing tokens launched through Printr are unaffected at the protocol level, according to the company. They are independent on-chain assets that remain on their respective networks and are not owned or controlled by Printr.

The first project incubated by Bybit Venture Studio, Printr was built to simplify token creation and cross-chain trading. The platform allows creators to launch tokens across supported blockchains and lets users discover and trade those assets without having to manually handle each chain’s wallets, gas requirements, bridges, and deployment processes.

The project has raised $4.5 million across pre-seed and seed-extension rounds backed by investors including Sfermion, Draper Dragon, Axelar Foundation, Sui Foundation, Flow Foundation, Mantle EcoFund, Mirana Ventures, L1D, and Flowdesk.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.