Token issuance platform Printr announces launch of liquidation process, TGE and airdrop plans cancelled

According to Printr's official tweet, crypto launchpad Printr announced it will officially cease all operations on August 31, 2026. The official statement indicated that due to insufficient funding and market distribution support, the platform is unable to maintain sustainable operations. Starting from August 18, 2026, all on-chain staking positions and staking rewards will be automatically unlocked and returned to user wallet addresses via the original path, and the staking function will be suspended immediately. If users have not received their assets after August 20, they must contact the official team via Discord before August 31 for resolution. Additionally, the planned Token Generation Event (TGE) and airdrop plans will be canceled altogether. The platform application interface (app.printr.money) will go offline after August 31, after which issuing new tokens through the platform will no longer be possible. The official team emphasized that tokens already issued through Printr are independent on-chain assets, are not controlled by the platform, and will continue to exist on their respective chains.