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(December 20th, 2019 Update): Narrative announced the open-source codebase release date is January 10th, 2020, the website will not permanently shutdown until January 24th, 2020.

Narrative has announced that it will open-source its codebase and explore the sale of its platform following the early December announcement of its closure. Narrative cited market events, regulatory uncertainty, and limited resources as the leading factors in the project shutdown.

Effective immediately upon the closure announcement, no new content, posts, comments, or quality ratings were accepted on the Narrative platform.

On December 30th, 2019, the site will shutdown completely.

Open Source

Narrative is opting open source its codebase using the GPL v3.0 license,  which is a free, copyleft license for software and other kinds of works that aims to ensure the software is free for all its users.

Narrative stated, “It will take a little bit of work to prepare the code base for open sourcing, so we expect the actual process to take a couple of days.” Users can expect an announcement once the migration process is complete.

Sale

Narrative also stated the founding team wishes to find an “acquiring entity [that] can fully assume all activities associated with the business.” The announcement includes a bulleted list of costs, assets, and infrastructure necessary to maintain the Narrative platform.

The sale of Narrative would include access to the Narrative.org domain name, custody of the NRVE smart contract and token keys, Narrative content and comments, and member data.

Legally recognized entities interested in discussing the sale of the Narrative platform are welcome to send an email to info@narrative.org.

Next Steps for Users

Users can redeem their NRVE tokens up until 3:00 pm (UTC -5) on Monday, December 30th, with no minimum token withdrawal restriction.

Narrative users can also download any of their content up until 3:00 pm (UTC -5) on Monday, December 30th, 2019. Afterward, all member data will be permanently deleted.

The full announcement can be found at the link below:
https://community.narrative.org/support/topic/open-sourcing-narrative