NFT platform Pixel Vault may cease operations

According to ChainCatcher, NFT platform Pixel Vault announced in an official statement on July 24 that after more than four years of development, the company has begun the process that may lead to the cessation of its operations. The company had attempted to build a profitable and sustainable crypto entertainment business but was ultimately unsuccessful.

Currently, Pixel Vault is in discussions with multiple parties regarding the potential acquisition of the company and its various assets in order to continue serving the community.