Printr, a token launchpad that deployed assets across eight chains from one interface, said Monday it has begun winding down and will cease all operations by Aug. 31, cancelling the token generation event and airdrop it had told users to expect.
The shutdown removes one of the few launchpads that tried to compete on chain coverage rather than on a single network, at a point when launchpad fees are concentrating into pump.fun on Solana and a handful of venues on Robinhood Chain. Printr cited the two things it could not get: money and reach.
"Over the past three months, we have pursued every option available to reach a sustainable path forward," the team wrote in a post on X. "Without the capital or the distribution backing that today's market requires, Printr is no longer sustainable."
thedefiant.io