NFT Video Startup Glass Falls to Crypto Bear Market

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The startup’s founders say they’re ending active development after two years.

a similar tone:"Unfortunately, we have come to the conclusion that there is not sustainable demand for video NFTs.”

The idea of Glass was to give online content creators a platform for minting and selling their videos directly to their fans, where they might make more money than, say, on YouTube. Its founders saw the blockchain as bringing more transparency to this process, and also permanence, by storing them in a decentralized manner.hosted by Arweave, the protocol’s decentralized file storage system of choice. “It’s a new way to express and own and share what you care about.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines