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Price
0.00008935 USD
% Change
0.44%
Market Cap
357K USD
Volume
511 USD
Circulating Supply
3.99B
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MELD to Close All Operations on January 1st
MELD has announced that it will suspend all crypto support on January 1, 2025. The decision comes as a result of unexpected challenges in fundraising and a lack of additional funding and user adoption since the launch of its Mobile Neobank and Lending & Borrowing protocol.
Event date: January 1, 2025 UTC
MELD
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MELD is announcing the winding down of our crypto ecosystem.
Seemingly sudden, but due to lack of additional funding and user adoption since the launch of MELD, the Mobile Neobank and Lending & Borrowing protocol, the company has faced unexpected challenges in fundraising for continued marketing and team + infrastructure costs.
As much as the community has supported and with our products live at last we are regrettably forced to discontinue operation and will be suspending all crypto support on January 1, 2025.
We sincerely apologize for failing you. It has not been without blood and sweat from our founder and team alike. No one desires to build a product for 3 years, to soon after launch close its doors.
Currently, we are in talks with several entities expressing interest in taking over the MELD ecosystem. We will keep the community updated on how and what form this will take as we proceed. Regardless, the MELD ecosystem will be operational until the end of the year.
Seemingly sudden, but due to lack of additional funding and user adoption since the launch of MELD, the Mobile Neobank and Lending & Borrowing protocol, the company has faced unexpected challenges in fundraising for continued marketing and team + infrastructure costs.
As much as the community has supported and with our products live at last we are regrettably forced to discontinue operation and will be suspending all crypto support on January 1, 2025.
We sincerely apologize for failing you. It has not been without blood and sweat from our founder and team alike. No one desires to build a product for 3 years, to soon after launch close its doors.
Currently, we are in talks with several entities expressing interest in taking over the MELD ecosystem. We will keep the community updated on how and what form this will take as we proceed. Regardless, the MELD ecosystem will be operational until the end of the year.
The event is about to begin
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