The social token platform Rally shuts down its sidechain, making on-chain NFTs inaccessible

ChainCatcher news, according to The Block, the social token platform Rally stated in an email sent to users that it will shut down its sidechain after today. Since NFTs on the sidechain cannot be transferred to the mainnet, these NFTs will be inaccessible after the sidechain is closed.

The crypto data platform Rootdata shows that Rally is a platform that helps creators and their communities build their own independent digital economies, allowing creators, artists, celebrities, communities, and brands to launch their own social tokens and NFTs. In 2021, Rally completed two rounds of funding totaling $72 million. (source link)