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Cryptopolitan 2023-08-21 13:24:15

Popular Web3 platform Recur to shut down its NFT platform despite $50 million raise

Recur, a prominent Web3 platform known for hosting big-name IPs like Hello Kitty and Nickelodeon, announced the discontinuation of its platform on August 18. Despite raising $50 million and being valued at $333 million in late 2021, the company cited unforeseen challenges and shifts in the business landscape as the reason for its closure. Founded ... Read more

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