Altcoin Completely Shuts Down: Founder's Explanation! Its Price Falls

cryptonews.ruPublicado a 2026-08-05Actualizado a 2026-08-05

Resumen

The founder of ElizaOS, Shaw Walters, has announced the termination of the Eliza token project and the commencement of a wind-down process for its managing foundation. Walters stated he does not own any tokens and will not support any future Eliza token-related projects. He declared "The token is dead, fully," indicating no plans to continue under the current structure, though he intends to reboot the ElizaOS technology independently. He confirmed that the core technology will continue, but new Eliza tokens will not be issued in the new framework. Criticizing crypto community culture, Walters noted there is no foundation, new token issuance, or buyback program to support token holders, advising them to sell or otherwise dispose of their assets as the project treasury is depleted. He mentioned a lawsuit and a settlement where remaining treasury assets were transferred to a token holder group, leaving the foundation unable to operate or provide financial support. Walters expressed continued belief in the core technology but stated the token model resulted in wasted time, legal pressure, and fraudulent attempts, suggesting a future software/IP-focused relaunch without a token.

ElizaOS founder Shaw Walters announced the conclusion of the Eliza token project and the start of the wind-down process for the foundation managing the project. Walters stated that he does not own any tokens and will not support any projects related to Eliza tokens in the future.

On social media, using harsh language, Walters declared: "The token is dead, completely," indicating that he has no plans to continue the project in its current structure. Walters stated that he owns the intellectual property rights and plans to relaunch Eliza independently of any token model.

Walters added that Eliza will continue to develop its core technology and operating system but will not permit the emergence of new Eliza tokens in the new structure. Criticizing the culture within the cryptocurrency community, Walters stated that there will be no foundation, new token issuance, or buyback program to support token holders.

Chart showing the decline in ELIZA price.

The founder also stated that token holders should sell their assets or use them as they see fit. According to Walters, the project's treasury no longer has any resources available to support the token price or conduct buybacks.

The statement also touched on a legal process the project encountered. Walters claimed that Berwick filed a lawsuit against the project and that, as the team lacked the financial resources to continue the case, they reached a settlement with a group of token holders.

According to Walters, as part of the settlement, all remaining treasury assets and available project funds were transferred to the relevant group. Consequently, the foundation will be unable to continue its operations or provide financial support to the token ecosystem.

Walters stated that he still believes in the underlying technology of ElizaOS but argued that the current token structure has only led to wasted time, legal pressure, and fraudulent attempts for him and his team. He suggested that ElizaOS could be redesigned in the future under a new structure focused on software and intellectual property, without the use of tokens.

*This is not investment advice.

end-content

Criptos en tendencia

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

Preguntas relacionadas

QWhat is the main announcement made by Shaw Walters, the founder of ElizaOS, regarding the Eliza token project?

AShaw Walters announced the termination of the Eliza token project and the beginning of the wind-down process for its management foundation. He stated he holds no tokens and will not support any future projects related to Eliza tokens.

QWhat reasons does Shaw Walters give for shutting down the Eliza token project and its foundation?

AHe cites a lack of funds in the treasury to support token prices or buybacks, legal pressure from a lawsuit that drained resources, and his criticism of crypto culture, which he says lacks proper support mechanisms for token holders in this case.

QWhat does Shaw Walters plan to do with the core ElizaOS technology and intellectual property after shutting down the token project?

AHe plans to continue developing the core technology and operating system of Eliza. He intends to re-launch Eliza independently in the future under a new structure focused on software and intellectual property, explicitly without using any tokens.

QAccording to the article, what was the outcome of the legal agreement reached between the project team and a group of token holders?

AAll remaining treasury assets and the project's available funds were transferred to the relevant group of token holders. Consequently, the foundation will be unable to continue its operations or provide financial support to the token ecosystem.

QWhat advice does Shaw Walters give to current holders of Eliza tokens?

AHe advises token holders to sell their assets or use them as they see fit, as there are no resources left in the project's treasury to maintain the token's value or conduct any buybacks.

Lecturas Relacionadas

Founder of NFT Project Few and Far to Face U.S. Court on $10 Million Fraud Charges

Taj Tarsha, founder of the NFT startup Few and Far, has been indicted by U.S. federal prosecutors in Manhattan on securities fraud and wire fraud charges. Authorities allege he misappropriated over $10 million from investors who purchased Simple Agreements for Future Tokens (SAFTs) for the FAR token. Instead of funding the promised NFT marketplace, Tarsha is accused of spending the money on online gambling, speculative crypto trades, a Miami apartment loan, personal bonuses, DJ equipment, and interior design. An internal review in June 2023 revealed missing funds, leading to his removal from the project's multi-signature wallet. The FAR token launched in May 2024 and crashed by over 99%, becoming essentially worthless. Tarsha, 34, was arrested on June 6, 2026, and released on $500,000 bail. He faces up to 20 years in prison for each charge.

cryptonews.ruHace 30 min(s)

Founder of NFT Project Few and Far to Face U.S. Court on $10 Million Fraud Charges

cryptonews.ruHace 30 min(s)

CryptoQuant Analysts Link Bitcoin Drop to USDT Market Cap Collapse

Analysts at CryptoQuant have linked the recent decline in Bitcoin's price to a significant drop in the market capitalization of the USDT stablecoin. They explain that stablecoins like USDT are a key source of liquidity for the crypto market. A sustained decrease in USDT's supply, which has fallen by nearly $870 million in the past 11 days, equates to capital leaving the ecosystem, reducing demand for assets like Bitcoin. Historically, periods of USDT supply growth have coincided with Bitcoin price rallies, while extended phases of contraction have led to weaker demand, deeper corrections, and bearish market conditions. However, analysts note that past severe declines in USDT supply have often occurred when selling pressure was nearing exhaustion rather than intensifying further. This current trend could therefore be a positive sign that selling pressure is easing and the market may soon enter a bullish cycle. CryptoQuant attributes Bitcoin's weak recovery attempts to a lack of stablecoin liquidity, which prevents the formation of sustained spot demand. For a solid recovery, they argue that USDT's market cap would need to show stable growth over a two-month period. This view aligns with analysis from firms like Wintermute, which sees signs that the crypto market's bear phase may be ending, citing the resilience of major cryptocurrencies amid macroeconomic uncertainty.

cryptonews.ruHace 30 min(s)

CryptoQuant Analysts Link Bitcoin Drop to USDT Market Cap Collapse

cryptonews.ruHace 30 min(s)

Borderless.xyz becomes the first pilot partner for Mastercard's Cryptodent for stablecoin payments

Mastercard and Borderless.xyz have launched a pilot project, "Crypto Credential," to test stablecoin-based cross-border payments. The initiative focuses on blockchain dollar transactions and aims to enhance trust by verifying counterparties. Companies Infinia, Walapay, and Koywe are the first stablecoin-based firms integrating Crypto Credential's compliance signals into their transaction approval and risk management processes. The pilot follows Mastercard's accelerated $1.8 billion acquisition of BVNK, a major stablecoin asset manager. This partnership emerged from Mastercard's Start Path startup program, which all three participating companies are alumni of. Borderless.xyz operates a stablecoin orchestration network connecting wallets to over 15 licensed providers globally. The project addresses scaling compliance challenges in the rapidly growing stablecoin network. Mastercard's Crypto Credential standardizes wallet-to-wallet verification, using shared attestation signals to assess if a counterparty meets required standards, similar to traditional banking's origin-point compliance model.

cryptonews.ruHace 32 min(s)

Borderless.xyz becomes the first pilot partner for Mastercard's Cryptodent for stablecoin payments

cryptonews.ruHace 32 min(s)

Bitcoin Holds Firm at $64K, Polymarket Lowers CLARITY Act Launch Odds to 15%

Bitcoin held above the $64,000 mark on Wednesday, though bullish momentum remained subdued amid heightened political tensions surrounding the upcoming vote on the CLARITY Act. The cryptocurrency managed a slight upward trajectory from its August 4th consolidation range of $63,000-$63,600, repeatedly finding support at $64,000. However, rallies were consistently capped around $64,400. After a brief dip to $63,900, Bitcoin rebounded to a peak of $64,706 and was trading near $64,600 by late morning EST, up 1.1% for the day. This modest rise again forced liquidations, with $45 million of nearly $52 million in Bitcoin leveraged liquidations coming from short positions. Analysts view the CLARITY Act as a key catalyst for Bitcoin's 2024 gains, but its passage appears increasingly unlikely with less than 48 hours before the congressional recess. The Senate's August 5th agenda omitted the bill entirely, highlighting a lack of bipartisan consensus. While proponents like Coinbase's Ryan VanGrak and Senator Cynthia Lummis remain optimistic about a potential September vote, prediction markets have turned pessimistic. Polymarket users now price the odds of the CLARITY Act becoming law this year at just 15%, down from 27% earlier in the week.

cryptonews.ruHace 33 min(s)

Bitcoin Holds Firm at $64K, Polymarket Lowers CLARITY Act Launch Odds to 15%

cryptonews.ruHace 33 min(s)

Strategy Bets on Trump to Help Cultivate New Class of Investors

Strategy, a Virginia-based company formerly known as MicroStrategy and the world's largest corporate holder of bitcoin, announced a new employee benefit tied to the federal "Trump Accounts" program. The company will make an annual $250 contribution to a Trump Account for every eligible U.S. employee's child under 18. For children born on or after January 1, 2025, Strategy will also provide a one-time $1,000 match to the initial federal government deposit. The Trump Accounts, formally established under tax code Section 530A, are tax-deferred individual retirement accounts for children. U.S.-born children from 2025-2028 are eligible for a one-time $1,000 Treasury deposit. Contributions from families, friends, and employers are capped at $5,000 annually, with employer contributions (up to $2,500) generally not counted as taxable income for the employee. Funds must be invested in qualifying, low-cost funds tracking broad U.S. market indices, and early withdrawals are heavily restricted until the child turns 18. Strategy's CEO, Phong Le, stated the initiative aligns with the company's values and optimism for the future, promoting financial education and long-term savings. Strategy joins other major companies like Bank of America, BlackRock, and JPMorgan Chase in supporting the Invest America Business Pledge. The company's benefit will take effect after the Treasury Department finalizes the employer contribution system and publishes operational guidance.

cryptonews.ruHace 35 min(s)

Strategy Bets on Trump to Help Cultivate New Class of Investors

cryptonews.ruHace 35 min(s)

Trading

Spot

Artículos destacados

Cómo comprar ELIZAOS

¡Bienvenido a HTX.com! Hemos hecho que comprar elizaOS (ELIZAOS) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar elizaOS (ELIZAOS) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu elizaOS (ELIZAOS)Después de comprar tu elizaOS (ELIZAOS), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear elizaOS (ELIZAOS)Tradear fácilmente con elizaOS (ELIZAOS) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

641 Vistas totalesPublicado en 2025.11.11Actualizado en 2026.06.02

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de ELIZAOS (ELIZAOS).