Latest News and Articles about NFT Marketplace
VK NFT Hub Closes Amid Financial Losses, Signals Broader NFT Market Struggle
Russian Social Network VK Shuts Down NFT Marketplace Amid Financial Struggles VK, the Kremlin-backed social media giant in Russia, has announced the closure of its NFT marketplace, VK NFT Hub, due to significant financial difficulties. Launched in December 2022, the platform will cease operations on April 15, 2024, requiring users to transfer their NFTs to […]
Read MoreLG Electronics Closes NFT Marketplace Amid Market Downturn
S Korean Electronics Giant LG Shuts Down Its NFT Marketplace LG Electronics, a titan in the tech world, has made the surprising decision to pull the plug on its NFT marketplace, LG Art Lab. Launched amid the NFT frenzy in 2022, the marketplace aimed to revolutionize how digital art is consumed through integration with LG’s […]
Read MoreMakersPlace NFT Marketplace Shuts Down After Six Years Amid Market Downturn
MakersPlace NFT Marketplace Closes Its Doors After Six Years MakersPlace, a prominent NFT marketplace for digital art, has announced its closure after six years of operation, citing ongoing market challenges and funding difficulties. MakersPlace shuts down after six years in the NFT market. Closure due to market downturn and funding issues. Raised $30 million in […]
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