Aqua Shutters Gaming NFT Marketplace Amid Slower-Than-Expected Growth
Aqua, a gaming NFT marketplace, has officially closed its doors due to the Web3 gaming market not scaling to a mass market size in a time frame that made sense. CEO Sean Ryan stated that while Aqua did some things well, it struggled to raise funds in a broader crypto gaming market with slower-than-expected growth. Ryan still believes that gamers will own their gaming assets, but it will take longer than expected. Aqua aimed to offer a gaming NFT marketplace and more white-glove, embedded marketplace solutions for game developers, but faced competition from other gaming NFT platforms such as G2A, OpenSea, and Magic Eden.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Peanut the Squirrel Token Sparks Controversy After Owner Launches Justice Coin
Will Bitcoin’s Correction Continue or is it a Good Time to Buy?
US stocks head into holiday week with history on their side
Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days
Cardano implements first ZK smart contract
Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.
Trending news
MoreCrypto prices
More
