NFTPerp Announces Platform Shutdown After Three Years
NFTPerp, a platform providing trading infrastructure for NFTs, has announced its closure after three years of operation.
The team cited persistent low NFT trading volumes and lack of funding opportunities as key factors making platform maintenance unsustainable.
Key points:
- Platform unable to generate sufficient revenue
- No new funding sources available
- Development and maintenance costs no longer viable
The shutdown marks another casualty in the NFT market downturn, following similar closures like Mes Protocol in late 2024.
*The team expressed gratitude to their community while remaining optimistic about the broader future of crypto innovation.*