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ETHEREUM NFT MARKETPLACE X2Y2 SHUTTING DOWN AS TEAM SHIFTS TO AI

https://cdn.decrypt.co/wp-content/uploads/2019/07/Veil-Shutting-Down-gID_7.jpg

✍️ Ethereum NFT marketplace X2Y2 is shutting down its trading platform at the end of April, citing a decline in trading volume and lack of interest in NFTs.

👉 X2Y2 is shutting down its trading platform at the end of April 👉 Trading volume has declined significantly, with weekly volumes now around $1 million 👉 Lack of interest in NFTs has led to the decision to discontinue the marketplace 👉 Team will pivot focus to AI and crypto, primarily focused on 'yields in a permissionless way, powered by AI' 👉 Native token, X2Y2, is down 13% in the last 24 hours and now trades at a market cap below $540,000

-- #TP #AndrewHayward #technology

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TP Andrew Hayward technology Technology:perspective

3/31/2025

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NFT MARKETPLACE X2Y2 ANNOUNCES SUSPENSION OF OPERATIONS, TOKEN TANKS

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✍️ NFT marketplace X2Y2 announced it will shut down operations on April 30, 2025, citing declining NFT trading volumes and network issues.

👉 X2Y2 will shut down operations on April 30, 2025 👉 Declining NFT trading volumes and network issues affected the platform's user base and operations 👉 The platform's founder, TP, acknowledged the marketplace's past success but noted that it was no longer viable 👉 The team will pivot to building a new project centered on permissionless yield generation powered by AI

-- #TP #technology

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TP technology Technology:perspective

3/31/2025

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NFT MARKETPLACE X2Y2 TO SHUT DOWN AFTER TRADING VOLUMES COLLAPSED

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✍️ X2Y2, a leading NFT marketplace, will shut down on April 30, citing declining trading volumes and the need to pivot to a new project.

👉 X2Y2 will shut down on April 30 👉 Trading volumes have dropped nearly 90% since their peak 👉 X2Y2 struggled to maintain network effects 👉 The team is pivoting to a new project involving AI-powered, decentralized financial tools

-- #TP #founderofX2Y2 #technology

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TP founder of X2Y2 technology Technology:perspective

3/31/2025

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NFT MARKETPLACE X2Y2 SHUTS DOWN AS TRADING VOLUME DROPS 90%

https://crypto.news/app/uploads/2025/03/crypto-news-AI-NFT-option01.webp

✍️ NFT marketplace X2Y2 will shut down on April 30 due to a decline in trading activity and the challenges of staying competitive.

👉 X2Y2 will shut down on April 30 due to declining trading activity and competitive challenges 👉 The platform has seen a 90% shrinkage in trading volume from its peak in 2021 👉 The founder, TP, cited the importance of lasting value over chasing trends 👉 The platform's smart contracts will remain operational 👉 The shutdown may impact the X2Y2 token