According to CoinMeta, Wu said that the token issuance platform printr has announced the initiation of a shutdown process, with all services to cease by August 31, 2026. printr stated that no sustainable development plan could be found over the past three months, and due to a lack of funds and distribution support to meet current market demands, the project cannot continue to operate. Starting from August 18, all pledged positions and pledge earnings on the chain will be automatically released and returned to the original wallets, after which the pledging function will be suspended. printr has also canceled the originally planned token generation event ( TGE ), and after August 31, the application interface will be taken offline, making it impossible to create new tokens. Tokens that have already been created through printr will still exist as independent assets on the chain.