$ONE mainnet shutdown and AI video transition, multi-narrative overlays
On September 6, Harmony released a proposal to fully shut down the mainnet launched in 2019, migrate the native token ONE to Ethereum, and pivot to the AI video “mashup economy” business. The team pushed for the shutdown citing threats from state-level attackers and AI agents. Earlier in August, a security vulnerability led to the illegal minting of more than 4 billion ONE; the team then decided to roll back the network. With multiple events piling up, they provided ample “pump” material for funds.
On September 6, Harmony released a proposal to fully shut down the mainnet launched in 2019, migrate the native token ONE to Ethereum, and pivot to the AI video “mashup economy” business. The team pushed for the shutdown citing threats from state-level attackers and AI agents. Earlier in August, a security vulnerability led to the illegal minting of more than 4 billion ONE; the team then decided to roll back the network. With multiple events piling up, they provided ample “pump” material for funds.