NFT platform Forma announces it will cease operations of the Forma blockchain and migrate the Modularium platform and Forma NFTs to the Ethereum mainnet
NFT platform Forma announced it will cease operations of the Forma blockchain and migrate the Modularium platform and Forma NFTs to the Ethereum mainnet.
The platform stated that maintaining the network is no longer sustainable; after the migration, related NFTs can still be traded on Ethereum ecosystem markets like OpenSea, and user funds and NFT assets are said to be secure.
Buyers are users who still hold on-chain assets, while sellers face unsustainable independent chain operating costs; this means Forma is shrinking its "self-built chain" to an asset display and trading layer that relies on the Ethereum mainnet.
Source: Public information
ABAB AI Insight
Forma's migration indicates that independent NFT chains struggle to sustain themselves long-term without sufficient active trading, developers, and liquidity, often reverting to stronger public chain settlement layers.
From a capital perspective, retaining Modularium as a display layer while hosting transactions and continuity on the Ethereum mainnet suggests that the true value lies not in the chain itself, but in the visibility, tradability, and continuity of NFTs.
This is analogous to content platforms transitioning from self-built players to larger distribution networks: front-end branding can be retained, but underlying infrastructure must rely on more mature public systems, or maintenance costs will continuously consume the ecosystem.
Essentially, this represents a restructuring of the industry chain: when the operating costs of an independent chain exceed ecological benefits, assets, transactions, and displays will concentrate towards stronger underlying networks.
ABAB News · Cognitive Law
Self-built chains can tell stories, but mainnets can survive.
Assets can migrate, but liquidity must leverage.
What ecosystems retain is not the brand, but the settlement layer.