Dmail Network will shut down on May 15 after citing high infrastructure costs, failed fundraising and weak token utility. Decentralized email platform Dmail Network is shutting down after five years of operations, citing high infrastructure costs, weak monetization, failed funding efforts and limited token utility. The platform said it will gradually cease all services starting May 15, and urged users to export their data before then. It said all nodes will shut down after that date, making emails and accounts inaccessible. Dmail Network positioned itself as a Web3 communication platform focused on decentralized, wallet-based email, encrypted messaging and onchain notifications. In January 2025, DappRadar ranked Dmail second among AI DApps, with 4.9 million unique active wallets for the month. Read more