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Recall Foundation to shut down RECALL project and burn 35.86% of supply

NewsFeeds update

The Recall Foundation said it will end operations and liquidate the AI agent evaluation project RECALL, citing a lack of commercial viability, and burn about 358.65 million RECALL tokens, 35.86% of supply. It said there will be no buyback or asset distribution, with about $3.7m used to repay creditors and cover costs.

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