$ONE Harmony Proposes Mainnet Shutdown, ONE Migration to Ethereum, and AI Video Pivot
Harmony has introduced two non-binding proposals that could significantly reshape the project’s future. The proposals outline a potential shutdown of the Harmony mainnet, a migration of the native ONE token to Ethereum, and a broader shift toward an AI-powered video remix business.Eth.
According to the proposal, regulatory pressure is one of the main reasons behind the planned transition. If the community moves forward with the changes, Harmony would shift away from its original Layer-1 blockchain model and focus more heavily on AI video products.
The plan is still at the proposal stage, so no final decision has been made. Key details—including the migration structure, token-holder process, and the future role of ONE—would need to be clarified before implementation.$ONE
ONE market snapshot on Binance: ONE is currently trading around $0.000734, down about 2.8% over the last 24 hours. Its 24-hour range is approximately $0.000731–$0.000763.
Harmony has introduced two non-binding proposals that could significantly reshape the project’s future. The proposals outline a potential shutdown of the Harmony mainnet, a migration of the native ONE token to Ethereum, and a broader shift toward an AI-powered video remix business.Eth.
According to the proposal, regulatory pressure is one of the main reasons behind the planned transition. If the community moves forward with the changes, Harmony would shift away from its original Layer-1 blockchain model and focus more heavily on AI video products.
The plan is still at the proposal stage, so no final decision has been made. Key details—including the migration structure, token-holder process, and the future role of ONE—would need to be clarified before implementation.$ONE
ONE market snapshot on Binance: ONE is currently trading around $0.000734, down about 2.8% over the last 24 hours. Its 24-hour range is approximately $0.000731–$0.000763.
