Global media platform CNN has terminated its Vault service to be included in Web3 and NFT domains.
CNN took a step towards the NFT sector, which received great attention around the world. Last year, the CNN company started turning important news events into NFTs that would attract people’s attention. The platform, which was launched under the name Vault, offered users the opportunity to meet traditional media with new technology.
CNN Vault Says Goodbye
NFT and Web3 platform CNN Vault stopped their services with its decision. The Vault team announced in their statement that it had an amazing six-week trial period, and the project expanded with the intense interest of the community. The community enjoyed seeing the wind blowing from the traditional media in the NFT field.
CNN Vault announced via social media that it has stopped its services. In the farewell post, journalists, models and photographers were thanked for their work.
However, this farewell made by CNN was not received positively by the community. The project, which faced criticism on the discord servers of the project, was even accused of fraud.
The sudden shutdown of CNN’s crypto startup has left some users disappointed. The fact that the media platform took such a decision after claiming that NFTs would lose their function in the future brought with it criticism.
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