Harmony said it plans to fully sunset its Layer 1 blockchain and has proposed migrating its token to Ethereum as part of a new direction centered on AI video. The project described the effort as a “remix economy” intended to involve AI video creators.
Harmony to fully sunset Layer 1, proposes token migration to Ethereum for AI video initiative
Harmony plans to fully sunset its Layer 1 blockchain and has proposed migrating its token to Ethereum. The project said it would support validators as it shifts toward a proposed "remix economy" initiative focused on AI video creators.
Danny Park
Publisher The Block
Sep 7, 2026 at 2:28 AM UTC · 1 분 소요
Entities
ethereum
Market Impact
ETH-1.84%$2,484
Last Updated
6일 전
번역 중…
The proposed transition would move Harmony away from operating its own Layer 1 network, where validators have helped secure the chain and process activity. Harmony said it would assist validators in transitioning to the proposed new initiative as the Layer 1 is wound down.
Ethereum is a major smart-contract blockchain and a common destination for projects seeking to use its broader developer and application ecosystem. Harmony’s proposal links the token migration and validator transition to its planned AI video-focused remix economy, though the initiative remains a proposal.
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- Sep 7Harmony to fully sunset Layer 1, proposes token migration to Ethereum for AI video initiative
- Sep 13Crypto Technical Analysis: Ethereum Leads While the Broader Market Struggles for Direction
- Sep 13Ethereum Price Prediction – Can ETH Reach $3k While Apeing Surges as the Next Big Crypto with $80k Raised
- Sep 13Weekly: Trump’s $5,000 Promise, OpenAI’s Solved Millennium Prize Problem, Biden Memecoin Crash, and Changes to Ethereum Transactions
빠른 답변
Is Harmony shutting down its Layer 1 blockchain?
Harmony said it plans to fully sunset its Layer 1 blockchain.
Where would Harmony’s token migrate under the proposal?
Harmony has proposed migrating its token to Ethereum.
What is Harmony’s new AI initiative?
Harmony described a proposed "remix economy" centered on AI video creators and said it would help validators transition to the initiative.
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Originally reported by The Block
NewsLayer coverage based on externally reported material.
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