Colony will cease operations at the end of the first quarter of 2026.

Foresight News reports that the Avalanche community-driven accelerator platform Colony will cease operations at the end of the first quarter of 2026. The official statement says that the shutdown is not due to a lack of creativity from the team or poor financial management, but because after five years in the ecosystem, they no longer believe that Avalanche has the structural conditions necessary for sustainable growth. Additionally, community funds are still available, and the final distribution will be given to CLY stakers.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Filecoin Onchain Cloud launches mainnet, providing a programmable storage and payment layer.

Filecoin officially launched its on-chain cloud services on March 27, providing developers with programmable storage and payments, supporting dual-replica redundancy and data verification. Storage costs are $250,000 per TiB per month. It is expected to roll out an enhanced version of the SLA to support AI development; more than 100 teams in multiple fields are already using the service.

GateNews29m ago

Eigen Labs releases AgentKit Beta, supporting the creation of autonomous AI agents that can hold assets.

Eigen Labs released the first Beta version of AgentKit on March 27, which is a developer toolkit focused on building autonomous AI agents capable of holding assets, making payments, and managing identities. The initial applications are centered around media agents for automatically generating content, with plans to add integrations with social platforms and improvements to the user interface in the future.

GateNews31m ago

Eigen Labs releases the Beta version of AgentKit, which supports the creation of autonomous AI agents that can hold assets.

Eigen Labs released the first Beta version of AgentKit on March 27, which is a toolkit for developers to create AI agents capable of independently managing identities and assets. The initial application scenario is autonomous media agents, with plans to expand integration with social platforms and add new features in the future.

BlockBeatNews51m ago

Filecoin Onchain Cloud launches the mainnet, providing developers with a programmable storage and payments layer

Filecoin has announced that its "on-chain cloud" has officially launched on the mainnet, providing a programmable storage and payment layer, and supporting data verification. The starting price for storage is $25,000 per TiB per month. Over 100 teams are already involved, storing 49.41 TiB of data, and a premium service level agreement will be launched in the future.

BlockBeatNews52m ago

Matsumoto Kiyoshi has joined! Japan’s drugstore association introduces tokenized deposits to further speed up payments and logistics efficiency

The Japan Chain Drugstore Association has introduced DCJPY tokenized deposits to reduce payment processing fees and improve logistics efficiency. This move demonstrates Japan's emphasis on blockchain and digital finance, and it collaborates with SBI Bank to provide new financial services. Additionally, DCJPY plans to expand into cross-border payments, partnering with Singaporean companies to connect to global markets.

CryptoCity1h ago
Comment
0/400
No comments