​​Tessera protocol will shut down its operations over the next | CryptoDep - IEO & ICO (StandWithUkraine🇺🇦)

​​Tessera protocol will shut down its operations over the next few weeks

Tessera, a protocol that enables collective ownership and governance of NFTs, is winding down its operations over the next few weeks. According to the company's co-founder, the decision was made after analyzing possible market scenarios, the company structure, and its financial situation. The project was backed by Paradigm, Uniswap Ventures, Delphi Digital, Variant, and other notable investors in a $27.9 seed and Series A funding rounds.

coindesk.com/web3/2023/05/12/paradigm-backed-nft-ownership-platform-tessera-is-shutting-down/

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