Posted 12/1/2023, 9:35:14 PM
Aqua Gaming NFT Marketplace Shuts Down After Less Than 2 Years Due to Slow Growth in Crypto Gaming Industry
- Aqua gaming NFT marketplace shuts down after less than 2 years due to slow industry growth
- CEO cites Web3 gaming market not scaling fast enough to mass adoption
- Startup struggled to raise funds amid broader slowdown in crypto gaming
- Competition has increased with platforms like OpenSea, Magic Eden, and Sequence
- Aqua follows GameStop in pulling back on NFT gaming efforts amid regulatory uncertainty