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Formfunction, a (SOL)-based, nonfungible token (NFT) marketplace, has announced it is closing up shop after only 13 months of operation amid a slump in Solana NFT prices and trading volumes.
On March 15, Formfunction announced it was “shutting down” on March 29, saying it “cannot continue to operate.” The decision was reached after “much discussion and careful consideration, it said.
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© Reuters With Coinbase (NASDAQ:) seemingly on the verge of a court battle with the
© Reuters. FILE PHOTO: A gavel and a block is pictured on the judge’s bench
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