Form: The Forma Chain will be shut down, and the NFTs will be migrated to Ethereum L1

Forma announced on the X platform that after careful consideration, it has decided to shut down Forma Chain due to the unsustainability of operating the chain.

As a transitional solution, Modularium and Forma NFT will migrate to Ethereum L1 to ensure the permanent existence of artworks and the marketplace. After the migration, NFTs will still be accessible and can be traded on OpenSea or other Ethereum marketplaces, with Modularium continuing to serve as the display platform for these collectibles.

The team strongly recommends that users withdraw funds via the Forma bridge. Any funds not withdrawn in a timely manner will be manually migrated to an EVM-compatible chain to be announced later.

The team emphasizes that user funds and NFTs are safe, and a specific timeline and migration steps will be announced subsequently.