PANews
PANews|Nov 05, 2025 01:09
[Timefun to Shut Down Existing Platform and Transition to New Products and Brand] Timefun has announced that it will shut down its existing platform and transition to new products and branding. According to the official statement, points earned by users on Timefun will be migrated to the new application, and no additional points will be issued. The platform will retain the functionality for creators to sell tokens and withdraw funds for several months, and users are advised to withdraw funds and export keys as soon as possible. The new application will not involve creator tokens and will focus on a new social primitive, while remaining a crypto application in the long term. A snapshot of points has already been taken, and the final allocation will be preserved and carried over to the new application. Creator tokens, which are SPL tokens, will continue to exist on-chain.
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