Well, well, well… Who knew Ethereum‘s Layer 2 project, Zero Network, would last just 1.5 years? Talk about a short-lived experiment. But hey, at least they didn’t stick around to see the next big thing.
The team thought gas fees were the main problem, but apparently, keeping a separate chain wasn’t the solution. Who knew?
Full Shutdown Timeline
Zero Network called itself the first gasless EVM-compatible rollup. But after 18 months, they realized maintaining a standalone chain was like trying to build a house in a hurricane. So, they’re pivoting to “better” products. Because nothing says “we failed” like a rebrand.
They’re telling users to move assets by July 31, 2026. Because nothing says “trust us” like a deadline that’s basically forever. And if you don’t, well, good luck finding your NFTs in a void.
They claim all funds are safe. Sure, because nothing says “security” like a network that’s shutting down. But hey, at least they’re thanking their early supporters. Because nothing says “we’re sorry” like a list of companies you’ve never heard of.
Zero Network’s quote? “The vision hasn’t changed, but how we deliver it is evolving.” Translation: “We’re still clueless, but we’re trying harder.”
Crypto Closures
Syndicate Labs, after five years, decided to call it quits. Turns out, EVM rollups aren’t the default anymore. Who saw that coming? And Fantasy.top, after two years, couldn’t get enough trading activity. Maybe they should’ve focused on something else… like, I don’t know, actual demand.
Everclear? Gone. Because nothing says “sustainable revenue” like a crypto project that couldn’t pay its bills. But hey, at least they tried. Or maybe they just gave up. Who knows?
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2026-05-22 23:14