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Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development


by Vignesh Karunanidhi
for CoinEdition
Solsniper Shuts NFT Marketplace, Pivots to Crypto Trading Tools
  • Solsniper shuts down NFT marketplace after 3.5 years due to sustainability challenges.
  • All the NFT listings will be delisted and bid balances refunded by June 13, 2025.
  • Company pivots to trading bots and AI tools while maintaining core analytics services.

Solsniper has announced the closure of its NFT marketplace effective immediately. The company cited its inability to sustainably operate the platform over the past year.

The company will automatically delist all NFTs from Sniper Marketplace, remove existing bids, and refund bid and order balances to user wallets by June 13, 2025, 12PM PST. Users require no action, as the process will be handled automatically. However, support tickets can be submitted through Discord for any issues that may arise.

The platform began as an analytics tool for NFT traders and expanded over 3.5 years to include a mobile application, NFT aggregator, marketplace, and launchpad. Despite building a comprehensive NFT ecosystem, market conditions and operational challenges made the marketplace financially unsustainable, forcing the difficult decision to discontinue NFT-related services.

The post Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development appeared first on Coin Edition.

Read the article at CoinEdition

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Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development


by Vignesh Karunanidhi
for CoinEdition
Solsniper Shuts NFT Marketplace, Pivots to Crypto Trading Tools
  • Solsniper shuts down NFT marketplace after 3.5 years due to sustainability challenges.
  • All the NFT listings will be delisted and bid balances refunded by June 13, 2025.
  • Company pivots to trading bots and AI tools while maintaining core analytics services.

Solsniper has announced the closure of its NFT marketplace effective immediately. The company cited its inability to sustainably operate the platform over the past year.

The company will automatically delist all NFTs from Sniper Marketplace, remove existing bids, and refund bid and order balances to user wallets by June 13, 2025, 12PM PST. Users require no action, as the process will be handled automatically. However, support tickets can be submitted through Discord for any issues that may arise.

The platform began as an analytics tool for NFT traders and expanded over 3.5 years to include a mobile application, NFT aggregator, marketplace, and launchpad. Despite building a comprehensive NFT ecosystem, market conditions and operational challenges made the marketplace financially unsustainable, forcing the difficult decision to discontinue NFT-related services.

The post Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development appeared first on Coin Edition.

Read the article at CoinEdition

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