The re-staking protocol Inception has announced its closure, citing difficulties in achieving product-market fit and insufficient liquidity rewards within its shared security mechanism. Built on EigenLayer, Inception struggled to advance despite securing $3.5 million in seed funding earlier this year from investors such as London Real Ventures and Gallet Capital. The decision to terminate operations was made public on July 11, marking the end of the protocol's efforts to establish itself in the competitive crypto landscape.