Formfunction, an NFT marketplace on the Solana blockchain, has announced that it will be shutting down on March 29th.
The platform, which had over 4,000 creators, has helped over 600 creators make at least $1,000, and over 70 creators make at least $10,000. Formfunction has assured its users that they will still own their NFTs and have made it easy to export a hashlist of all NFTs created to display and sell on other platforms.
"This was an extremely difficult decision; however, after much discussion and careful consideration, we’ve come to the conclusion that we cannot continue to operate Formfunction. " the firm said in the statement.
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