
Immutable, a company known for its focus on gaming and NFTs, has announced the closure of its Immutable X Marketplace. The marketplace will begin shutting down on August 13, with complete cessation of operations by September 27, 2024. This decision comes despite the company achieving significant milestones in July 2024, including 2 million passport registrations, the launch of new games, and expansion into Japan. Immutable cited strategic reasons for the closure, indicating a shift in focus rather than competing in the marketplace sector.

IMMUTABLE SHUTS DOWN NFT MARKETPLACE - According to a report published just now by Cointelegraph, the gaming and NFT-focused @Immutable is sunsetting its own NFT marketplace. - Operations are set to terminate on August 13th, Immutable writing… “rather than compete, we would… https://t.co/nkrH44eigo https://t.co/PTdrF36hWC
🚨BREAKING: @IMMUTABLE TO SHUT DOWN NFT MARKETPLACE PER COINTELEGRAPH
Noooooo My favorite crypto card is getting shut-down. 🥲 CRIP Monolith @tokencom_ Welp guess my @gnosispay card will become my main card.