NFT Projects Face Challenges as Market Sentiment Sours

Bold plans for an NFT restaurant in San Francisco crumbled due to challenging macro factors like rising costs. The company returned money to NFT holders.
Binance NFT marketplace is ending support for Polygon-based NFTs starting Sept 26 without giving a clear reason why.
Reddit launched NFL team avatar NFT collectibles this week to celebrate the new season. There are 500 available per team.
As part of a collaboration, NFT project Rumble Kong League and Stance released physical basketball socks themed after the project's cartoon gorillas.
The team behind NFT project OnChainMonkey is shifting its entire 10,000 piece collection from Ethereum to Bitcoin over the next few months.

cointelegraph.com

Relevant topic timeline:

8/21/2023

Godfather NFTs Weren’t Enough to Prevent Recur From Sleeping With the Fishes

Recur, an NFT platform that featured collectibles from popular brands, is shutting down due to challenges and changes in the business landscape, causing a decline in the value of its offerings. Users can still access their NFTs through IPFS, but the company will disable deposits and gradually take its websites offline. This closure follows a trend in the NFT community, as other platforms have also shut down recently.

9/13/2023

Google Greenlights NFT Game Ads, Milady NFTs Exploited, Insurers Exclude NFTs, Metaverse Struggles in West, NFT Restaurant Closes

Google will allow games featuring nonfungible tokens (NFTs) to advertise on its platform, a developer stole $1 million from the Milady NFT collection, CNA Insurance excludes NFT coverage from a $20-million policy, the metaverse is popular in Asian markets, and Binance ends support for Polygon-based NFTs.