Another NFT Platform Bites the Dust

Another NFT Platform Bites the Dust

In March 2020, Duncan Cock Foster, who co-founded the NFT marketplace Nifty Gateway with his twin brother Griffin, predicted that “in ten years, everyone will be commissioning artists to create nifties to give away at a dinner party.” Let's hope the Cock Fosters (that's their real name) don't pursue a second career in meteorology or air traffic control, because it's 2026 and Nifty Gateway is officially over.The platform is shutting down on Febru…

NFT Platform Rodeo To Shutdown By Q1: What’s Next for the Community?

Rodeo platform announces plans to shut down its operations between Jan 27 and March 10, 2026. This Base and Ethereum-based platform has suffered from low mainstream adoption for a sustainable future. The work done by the Rodeo community will be stored through Arweave permanently. Rodeo has announced its winding up of its operations. This Non-Fungible Token (NFT) social platform, which leverages Base and Ethereum (ETH) networks, informed its comm…

Rodeo Confirms Platform Shutdown as Prolonged NFT Market Weakness Limits User Growth

Rodeo shuts down after failing to reach scale as weak NFT demand forces platforms to exit and protect user assets. Nifty Gateway and Rodeo exits show prolonged NFT downturn since 2022 with low volumes pushing marketplaces to close. Rodeo sets an asset migration plan using Arweave and phased shutdown to give users time to move NFTs safely before closure. Social NFT marketplace Rodeo has confirmed plans to shut down operations as pressure continue…

Another NFT Platform Falls As Rodeo Announces Shutdown

Rodeo, a social-focused NFT marketplace, announced it will stop operating in early March after failing to grow enough to stay viable. The decision was shared by the team and its CEO on social channels, and users were given a short window to move their work off the site. Reports say the platform will be taken […]

Rodeo Announces Closure, Becoming The Second NFT Marketplace This Week

NFT marketplace Nifty Gateway announced on Saturday that it was shutting down, and has now been followed by Rodeo, which only launched on iOS last March.