Tag #NFT
13 stories02.10
Blast told developers to "ditch other L2s." Now it's shutting itself down
Blast attracted more than $2 billion before its mainnet even launched. Today, the chain says the economics no longer work.
02.10
Porsche promised NFT holders "long-term" experiences. Turns out even some Toyota warranties last longer
Porsche told NFT holders their journey was only beginning. Now its Discord is becoming an archive and its Web3 account is going quiet.
20.08
MrBeast-backed crypto startup XCAD Network shuts down amid fan tokens, AI pivot fail
A crypto startup backed by YouTube stars is closing after five years, saying its fan-token model never recovered and a last-ditch AI pivot failed.
20.08
One of Bitcoin's biggest Ordinals startups is shutting down, looking for a buyer
A startup that helped power some of Bitcoin's biggest Ordinals launches is calling it quits, three years after investors poured more than $4.5 million into the company.
16.08
Sports NFT newcomers care more about fun than price, study finds
Researchers found that promising greater practical benefits could actually make newcomers less interested in sports NFTs.
03.08
Web3 startup POAP shuts down four years after raising $10M to build NFT memories
POAP, which put more than 7 million event badges on blockchains, is winding down after its co-founder said crypto economics made the company unsustainable.
31.07
Ubisoft shuts its first full NFT game. But keeps betting on crypto cards
The French gaming giant is killing its first original blockchain game barely two years after launch, although it is still pursuing NFTs elsewhere.
30.06
Paradigm-backed NFT marketplace Magic Eden sued over failed ME token promises
Magic Eden, once one of Solana's biggest NFT hubs, is being sued after its ME token collapsed nearly 100% from its launch-day high.
20.06
MegaETH faces crypto exec backlash after early strategy U-turns
MegaETH is facing criticism after partners said months of work around its testnet and NFT plans now have nothing to do with reality.
19.06
NFT Price Floor shuts down as NFT infrastructure keeps shrinking
NFT Price Floor will shut down on June 30 after failing to secure funding, ending a years-long run for one of the NFT market's data trackers.
03.06
Binance to replace some NFTs with PDFs as exchange drops support
Binance once promoted NFTs as a no-compromise experience, but now some non-transferable Binance Academy NFTs will be replaced with PDF certificates.
16.05
OpenSea closes loophole that let creators expand NFT collections
The marketplace says NFT collections can no longer raise their supply once minting begins
11.05
BAYC launches P2P marketplace for goods paid in APE
BAYC P2P lets users buy physical goods with APE through an on-chain escrow system.
