NFT Startup Backed by MoMA Trustee Shuts Down

Image caption: A Sanrio partnership couldn’t salvage Recur. Image credit: Hello Kitty photo by John Sciulli / Getty Images; edit Valentina Di Liscia / Hyperallergic. Article by Rhea Nayyar. Hyperallergic – October 3, 2023.

Recur, the NFT startup backed by hedge fund billionaire and Museum of Modern Art trustee Steve Cohen, has ceased operations. Thanks to the seemingly everlasting crypto winter, Recur announced in August its intentions to shut down entirely after less than three years of existence, citing “unforeseen challenges and shifts in the business landscape.” […]

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