Wazirx closes the NFT marketplace due to a low traction

Von Krypto News Österreich

Die indische Krypto-Börse WazirX hat ihren NFT-Marktplatzbetrieb mit sofortiger Wirkung eingestellt. Derzeit zeigt die WazirX NFT-Site eine entsprechende Meldung an. WazirX NFT Sonnenuntergang „Der WazirX NFT-Marktplatz wurde eingestellt. Sie können Ihre NFTs weiterhin auf OpenSea handeln“, heißt es in der Nachricht liest. In einem Stellungnahme Auf seiner Website sagte Wazir, dass das Geschäft trotz der Schaffung eines „sicheren und geschützten“ Marktplatzes „nicht viel Anklang fand“. „NFTs sind dezentralisiert und die Eigentümer haben die vollständige Kontrolle über ihr Vermögen, weshalb sie so beliebt geworden sind. Unsere Benutzer können sicher sein, dass sie ihre NFTs weiterhin in ihren Brieftaschen aufbewahren können und …
The Indian crypto exchange Wazirx has stopped its NFT marketplace with immediate effect. The Wazirx NFT site currently shows a corresponding message. Wazirx and sunset "The Wazirx NFT marketplace was discontinued. You can continue to act on Openea," says the message. In a statement on his website, Wazir said that despite the creation of a "safe and protected" marketplace, the business was "not much of a compliance". “NFTS are decentralized and the owners have complete control over their assets, which is why they have become so popular. Our users can be sure that they can continue to store their NFTs in their wallets and ... (Symbolbild/KNAT)

The Indian crypto exchange Wazirx has set its NFT marketplace operation with immediate effect. The Wazirx NFT site currently shows a corresponding message.

wazirx and sunset

"The Wazirx NFT marketplace was discontinued. You can continue to act on Openea," says the message reads .

In a statement on his website, Wazir said that despite the creation of a "safe and protected" marketplace, the business was "not much in touch".

"NFTs are decentralized and the owners have full control over their assets, which is why they have become so popular. Our users can be sure that they can continue to keep their NFTs in their wallets and that they can be sold in other marketplaces such as OpenSea", the explanation made it clear.

A report by Inc42 says that Wazirx NFTS has 52,253 articles on OpenSea.

no notification, pull carpet ...

on social media the news was taken up with a surprise. Several posts on Twitter pointed out "Zero Notice" and some called it a carpet train. A Twitter user complained that the NFTS hosted on this platform now nothing.

nischhal shetty, CEO von Wazirx, replied to a tweet denotes the closure of the Wazirx NFT marketplace a carpet puller.

"rugpull? nfts were always under the self-administration of the participants", he called .

Just one day before Wazirx closed its marketplace, an NFT collection under the brand name Friendsies announced a similar decision to "pause" the company, citing market volatility. The announcement triggered fears of a carpet pull in the Friendsies community.

Indian NFT market

The NFT marketplace Wazirx was introduced in June 2021, followed by several other NFT platforms of other companies oriented in India. Some were able to win top film stars to shape their NFTs and the market seemed to break up at greater heights, with film stars and cricket personalities in particular on the NFT train. But a persistent baisse and an unfriendly regulatory environment seem to have hit the crypto sector hard.

The technology consulting company Deloitte said in its Technology, Media, and Telecommunications (TMT) Predictions 2022 that the Indian sports and entertainment NFT market will grow to $ 1 billion in the near future, during 2022 2 billion Will exceed US dollars.

"With more than 500 million cricket fans in India and Bollywood ... an NFT marketplace only has the potential for cinema and sport in India in the near future," says the Deloitte report.

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