Teritori Shuts Down After 3 Years Building Web3 SuperApp
Teritori Shuts Down After 3 Years Building Web3 SuperApp
馃拃 Teritori's Final Chapter
Teritori announces complete shutdown by end of October after 3 years of building their Web3 SuperApp vision.
The team exhausted all resources self-funding development of:
- Full L1 blockchain
- NFT marketplace
- Social feeds with creator tips
- DAO tools and multisig wallet
- Music/video platforms
- dApp store
Key challenges identified:
- Sustainable L1s need large funding or strong community co-development
- True decentralization proved difficult despite open-sourcing everything
What's preserved:
- Complete blockchain snapshot capturing all data
- Open-source code and documentation
- Foundation for potential future migration
Timeline:
- Nov 5: app.teritori.com goes offline
The company ends but the experiment lives on - validators can maintain the network independently, and the community holds the keys to fork or continue development.
An important update on Teritori's future 馃У After 3 years of building our Web3 SuperApp vision, we have now no choice to wind down all our operations by end of October. Here's what you need to know, and what happens next 猬囷笍
Teritori GovDAO Makes Progress with Core Implementation and Member Management
The Teritori Gno Task Force continues development focused on mainnet preparation from Jan 06 - Feb 17, 2025. Key updates include: - **GovDAO Implementation**: - Merged PRs for T3 member invitations, realm initialization, and tier claims - New proposals under review for T3 abstention handling and DAO rendering enhancements - **Core Development**: - Progress on packages loader - Fixed import cycles and constant evaluation issues - Implemented software floating point package - Addressed gas system infinite loop detection - **Additional Updates**: - Gnolove testing GitHub OAuth integration - Daokit SDK package improvements *Next Steps*: Focus remains on GovDAO proposal refinement, core refactoring, and Gnolove roadmap preparation.
Teritori Launches Multi-Signature Wallet Solution for IBC Networks
Teritori has released a multi-signature wallet solution for decentralized asset management across IBC networks. Key features include: - Instant deployment with flexible signature thresholds - Universal support across Cosmos ecosystem - Hardware wallet compatibility via Ledger - Full transaction history and audit logs The solution targets DAOs, businesses, and collectives requiring multi-party transaction approval. Users can create wallets at app.teritori.com/multisig. The platform emphasizes security through mandatory multi-signature validation and reflection periods between proposal and execution. Visit app.teritori.com/multisig to get started.
Teritori Gno Task Force Implements New DAO Tools and Core Infrastructure Updates
The Teritori Gno Task Force has made significant progress in December with several key developments: - **Core Infrastructure**: Implemented genesis packages with transaction signing and added full denom support in banker module - **Security**: Added bech32 crypto package support and SHA256 implementation in pure Gno - **Developer Tools**: Deployed new stdlib comparison tool and enhanced error handling - **DAO Features**: Introduced payrolls management realm and role-based permissions system Focus remains on import refactoring and META standard library improvements. Betanet development continues to advance.
Teritori Gno Task Force Enhances Core Protocol and DAO Tools
The Teritori development team reports significant progress on the Gno protocol between Nov 27 - Dec 11: - **Core Protocol Updates**: - Banker module improvements for full denomination support - Standard library initialization through genesis transactions - Import parsing refactoring - Removal of import cycles in stdlibs - Alignment of Gno constant handling with Go standards - **DAO Enhancements**: - New voting power features for role-based DAOs - Improved member display - Enhanced JSON support - Introduction of new role-based DAO systems *Technical improvements continue with focus on stability and functionality.*