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Porsche’s ‘Long Haul’ Web3 Project Ends in Less Than Four Years
The automaker said the 911 NFT collection will stay onchain as it archives Discord and ends active updates to its X account.
Summary by Cointelegraph
5 Articles
5 Articles
Porsche pulls the plug on PIONΞERS CIRCLE after nearly four years
Porsche has ended its Web3 project and PIONΞERS CIRCLE community nearly four years after launching its 911 NFT initiative. Porsche said the project had started as an attempt to connect the automaker’s brand with the digital world before developing into…
Porsche's Pioneers Circle community has announced the end of its Web3 project. 2,363 Porsche 911 NFTs on Ethereum (ETH) remain on-chain; Discord has switched to read-only mode.
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Porsche shuts down its Web3 project, but 911 NFT holders keep their tokens
Porsche's Web3 exit highlights the volatility and challenges brands face in sustaining NFT projects amid fluctuating market enthusiasm.
Coverage Details
Total News Sources5
Leaning Left0Leaning Right0Center2Last Updated100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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