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NFT Forma Axes Blockchain Operations Amid Market Turmoil

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NFT Forma has announced it will discontinue its blockchain operations without specifying an effective date or phased exit timeline, leaving users uncertain about future platform functionalities and their holdings.

The move echoes a broader trend of platform retrenchment in the sector, with DEX Dango and BitMart closures indicating overall instability in the NFT market that may undermine holder confidence.

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