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Aqua NFT marketplace set to suspend its services

Aqua, the gaming NFT marketplace, has officially closed its doors, as announced by CEO Sean Ryan on LinkedIn. The decision, initially revealed the previous month, has now been confirmed by Ryan. In his post, Ryan acknowledged both successful and challenging aspects of Aqua’s journey, highlighting that the Web3 gaming market did not scale to a mass market size within the expected timeframe. Despite Ryan’s belief in the concept of gamers owning their gaming assets through NFTs, he admitted that the realization of this vision would take longer than anticipated. The former Facebook VP, who launched Aqua in 2022, partnered with blockchain firms such as Immutable and Polygon Labs during the venture.

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