Immutable Plans to Close its NFT marketplace

Immutable, a blockchain platform for gaming and non-fungible tokens (NFTs), has announced that it will be retiring its NFT marketplace and focusing on expanding its ecosystem through strategic partnerships.

The platform shared that it will be winding down the operations of its marketplace on August 13.

The marketplace, which was initially created to showcase the features of the Immutable software development kit (SDK), has seen significant growth and adoption since its launch.

Instead of competing with other marketplaces, the company has decided to support and promote existing marketplaces within the Immutable ecosystem.

The company believes that this will benefit the overall growth of the ecosystem and encourage community members to explore the various options available.