Dharma to Shut in 30 Days as OpenSea Buys Company | CoinMarketCap

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OpenSea is buying Dharma Labs 🚨 As a result, Dharma is shutting down in 30 days — and users can no longer swap or purchase tokens through its interface 😬

days, and users can no longer swap or purchase tokens through its interface. They're now being urged to transfer or sell the tokens in their wallets, with the company promising that they will pay any network fees.

"Over the course of 2021, NFTs became the 'tip of the spear' on cultural adoption for crypto, with dozens of collections and tens of thousands of unique goods gaining mainstream cultural recognition. In 2022 and beyond, we're excited to turn our attention towards the focal point of crypto's mainstream adoption: NFTs."

Explaining why Dharma has opted to close its app altogether — effectively passing on a large chunk of its business to rival wallets — the company said:

 

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