Web3 social media platform Twetch, a competitor of X running on the Bitcoin SV blockchain, shut down operations on June 6.
The social media platform Twetch —a Web3 competitor to X that operates on the Bitcoin SV (BSV) blockchain — unexpectedly shut down on June 6 without prior notice.
Shortly thereafter, several crypto investors found themselves unable to redeem or cash out their nonfungible tokens (NFTs) and virtual collections. In response to one investor, the company stated: “We are working on it.”
Twetch's website did not explain the reasons for its eventual shutdown. However, as of this writing, users could still download the Twetch mobile application from the Apple and Google app stores.
