Harmony proposes ending ONE chain, shifting to AI video

This proposal marks a rare full retreat from L1 infrastructure to a non-chain business, signaling that sustaining a standalone network may no longer be viable for mid-tier projects. The snapshot-and-redirect plan effectively ends the chain's economic life, making the exit timeline for liquidity providers and app users the immediate operational risk. What matters next is whether the community ratifies the sunset and how orderly the unwinding proves, since the precedent could influence how other struggling networks approach wind-downs versus mergers.