Linera has ceased operations, and the subscription funds for token sales have been fully refunded

The L1 blockchain Linera team announced on Discord that the subscription amount for the token sale conducted at Sonar did not meet the minimum threshold, and all subscription funds have been refunded to users. The team was unable to raise the necessary funds to sustain the project online, and is currently gradually closing the application and Discord community. The balance of user points will be recorded, but the team cannot promise any future benefits for points. At the end of the LNRA token community round subscription period, 617 participants subscribed for approximately 848000 USDC, which did not meet the minimum target of 1.5 million USDC.