NFT exchange X2Y2 will shut down after three years to pivot toward an AI-driven crypto project aimed at sustainable, utility-based value generation.
Non-fungible token (NFT) marketplace X2Y2 announced it is shutting down after three years of operation.
According to a March 31 announcement, X2Y2 will shut down on April 30, with the team switching its focus to an artificial intelligence project. The team shared its enthusiasm for the rapidly growing sector:
Token Terminal data shows that X2Y2 saw $53.6 million worth of trading volume over the last 365 days. While this is a far cry from market leader Blur with its $3 billion worth of trading volume, it still awards the protocol fourth place behind Blur, OpenSea and Immutable.
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