📣Namebase Wind-Down Announcement📣
Today, we are announcing that Namebase will begin a wind-down process and will remain permanently closed as a platform.
Following the resolution of a related legal matter, Namebase is proceeding with an orderly wind-down of the platform.
Over the coming days, users will be given an opportunity to withdraw their assets, including BTC, HNS, and names held through Namebase.
Additional information regarding withdrawal procedures, timelines, deadlines, and migration requirements will be published separately.
As part of this process, we strongly encourage users to withdraw assets to wallets and accounts that they personally control. Self-custody allows users to directly manage and control their assets while reducing reliance on third-party platforms.
Users should plan to complete withdrawals and migrations during the wind-down period, as Namebase services will not remain available indefinitely.
In parallel, we are working with members of the Handshake community regarding the future stewardship of certain ecosystem infrastructure, including registry-related services. Further details will be shared once those arrangements are finalized.
Namebase will not resume platform operations. Our focus is solely on facilitating withdrawals, supporting necessary migrations, and completing the shutdown of the platform.
We are committed to providing users with the opportunity to withdraw their assets, take direct control of those assets, and complete any required transitions before the platform is permanently discontinued.
We appreciate the support of the Handshake community and will continue to communicate regarding withdrawal timelines, migration procedures, and closure milestones throughout the wind-down process.
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