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Hyperspace shuts down NFT marketplace on Solana

 


Hyperspace, a multi-chain non-fungible token marketplace and launchpad, is shutting down its platform on Solana.

The project announced this on Sept. 3, noting that the decision to shut down its NFT marketplace on Solana Solanasol-1.47%Solana was a difficult one. Hyperspace plans to fully sunset the Solana offering by September 17, 2024, and has advised users to delist their NFTs before this date.

In addition to removing website support for Solana NFTs, the platform will also sunset its application programming interface. This will begin on Sept. 17, as the Hyperspace team posted on X.

Hyperspace Avalanche and Sui NFT marketplaces

Hyperspace launched in 2021, entering the market just as the NFT boom followed the Covid pandemic. The platform boasted backing from some of the biggest crypto venture capital firms in the industry, including Dragonfly, Pantera, and Coinbase Ventures.

Despite a slowdown in NFTs in late 2021 and 2022, Hyperspace quickly grew. Apart from Solana, the NFT marketplace is shutting down on Sui Suisui5.72%Sui.


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