Multimedia outfit CNN has announced that it will shut down its non-fungible token (NFT) collection after four months of operation. News of our own to share pic.twitter.com/qcxaDXNRYO — Vault by CNN (@vaultbycnn) October 10, 2022Titled “Vault by CNN: Moments That Changed Us,” the collection was launched in June and featured the tokenization of historic moments in the news network’s 41-year history. The digital collectibles were minted on the Flow network and immortalized moments from U.S. presidential elections and world events like the moon landing, among others. “While we will no longer be developing or maintaining this community, the Vault NFT collection will live on,” read the statement, pointing to the immutability of decentralized ledger technology. If not, then this seems like a rug pool,” said RichardRazo, a holder of the digital collectibles.

Source: CNN October 14, 2022 01:10 UTC