25 OTTs including Ullu OTT banned—Impact on Ullu Coin listing date

Just when the Ullu fans and crypto investors were celebrating the launch of its own coin, a sudden twist has shaken everything. On July 17, Its official X account proudly announced its Web3 transition.

But within days, headlines shifted dramatically from celebration to concern. With the Ullu OTT banned by the Indian government, everyone is now asking—what happens to the Ullu Coin listing date ?

Source: Official X Account

Government Ban Hits Hard: 25 OTTs Blocked

In a bold move, the government banned 25 OTT platforms, including this application and ALTT (ALT Balaji), under charges of streaming obscene and indecent content. These were mainstream platforms, with Big Shots, NeonX and Desiflix being the latest ones.

Source: X

This update seriously blindsided users who have no way to access content through their mobile apps or online OTT portal.

Crypto Shock: Is Ullu Coin Listing in Danger?

With this ban, all eyes turned to its listing date. Many crypto users are asking—will Ullu Coin launch after the app ban, or is it indefinitely paused? The platform’s sudden disappearance from app stores and ISPs makes it quite impossible to use or earn the utility token in its intended ecosystem.

Without an active platform or user base, launching the token now could lead to speculation risks and zero real-world use.

Investor Confidence Cracks: Panic Before the Launch?

Investors who were bullish on this project are now rethinking. The token was supposed to reward users for watching shows, subscribing, or participating in its exclusive content experiences.

But with the app banned in India, panic has started spreading among early backers. The Ullu coin listing date delay seems more likely.

No Platform, No Utility: Only Use-Case Collapse for Now

Blockchain tokens need active ecosystems to work. The token does not have any real utility currently, because users cannot earn rewards, watch content, or engage with the application. As a result, the token is not of value now. This OTT ban is not a trivial issue—it threatens the value and future of the token.

Being a crypto analyst for a long time, I have seen projects fall in hours, so now it raises a big question: what’s the long-term plan if a platform can disappear overnight?

As per my analysis, for other Web3 media projects , this is a clear reminder—following the rules isn’t optional. No matter how exciting a crypto idea is, if it doesn’t match legal guidelines, it can all fall apart.

What Happens Next? Hope for Recovery or End of the Road?

There’s still some hope for the project. It could make a comeback if it follows the government rules or changes its content to meet legal standards. If this occurs, it may be possible to get the Ullu Coin listing date back on track, and the Web3 initiative may continue on again. But right now, with the OTT banned and no clear update from the team, things are on hold.