Rug Radio to discontinue Rug Radio Genesis NFT and RUG token

Foresight News reported that Web3 audio and video media Rug Radio announced on Twitter that it will discontinue the Rug Radio Genesis NFT and RUG token. Snapshots have been taken of all Rug Radio Genesis NFT and RUG token balances (including claimed, unclaimed, and pending rewards), which will be converted into MYR community allocation quotas in the future.

According to previous Foresight News reports, the Myriad Foundation, established by Decrypt and its affiliate MYRIAD, announced that it will launch the MYR token in 2025. This token will be used by multiple projects including MYRIAD, Decrypt Media, Rug Radio, Lucky Trader, and Degenz NFT.