<ul><li>X2Y2, an NFT marketplace, is shutting down on April 30 due to intense competition and a significant drop in trading activity.</li><li>The platform experienced a 90% decline in trading activity after reaching a peak of $209 million in monthly trading volume in May 2022.</li><li>Founder TP stated that the closure is final and announced plans to shift the focus towards a crypto AI-focused direction.</li><li>The decision reflects TP's belief in the potential for innovation and value creation in the evolving crypto space.</li></ul>

NFT Marketplace Shuts Down, Shifting Focus to Crypto AI

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