Teleport, a taxi-hailing app on the Solana chain, announced its closure

According to The Block, the decentralized ride-hailing app Teleport has announced its shutdown. The project was established in 2022 and had received $9 million in seed funding led by Foundation Capital and Road Capital. Teleport will provide withdrawal support for users until February 28th, and users can retrieve their remaining USDC stablecoin balances and private keys during this period.