Printr, a token launchpad operating across eight blockchains from a single interface, announced Monday it has begun winding down and will cease all operations by Aug. 31, cancelling its token generation event and airdrop. The company raised $4.5 million in total, including $2.5 million in pre-seed and $2 million in seed extension, but failed to reach sustainability. Monthly fees collapsed from $480,790 in April to just $1,178 in July, then to $173 in August, making the business model untenable according to the team.
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