NFT infrastructure protocol Cardinal announced on Twitter: "We have decided to gradually end our protocol. This is a carefully considered decision, and since the start of construction 18 months ago, we have made every effort to cope with the challenging macroeconomic environment. It is still difficult to find market-appropriate products, and the reality is that members of our team are eager to explore other pursuits. Although we have seen some practical uses for our staking, leasing, and identity products, we still feel that they are trapped in the context of the cryptocurrency-maximizing community. We had hoped that other industries around the world would begin to adopt blockchain technology on a larger scale, but so far, this still feels distant."
In July of last year, Cardinal completed a $4.4 million funding round, with Solana Ventures and Animoca Brands, Alameda Research, Delphi Digital, and CMS Holdings as lead investors.
Original article link: https://bitgaai.com/2023/06/29/nftjichusheshixieyicardinalxuanbujiangzhubuguantingyinhonggu/