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NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers

NFT Platform Recur to Shut Down Despite $50M Raise and Big Name Backers

The NFT startup Recur said on Friday that its Web3 platform is winding down—unable to weather the chills of crypto winter despite hosting the IP of several big brands like Hello Kitty and Nickelodeon. Over the next several months, Recur's platform will steadily lose its core features, the firm said

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