Metaversol Is Now In Charge Of the Solana-based NFT project NeoNexus, Which Was Halted in March

Metaversol is now in charge of the Solana-based NFT project NeoNexus

Neonexus, a Solana-based NFT project, announced on March 22 that the team would no longer be developing the project, claiming a drop in Solana (SOL) price as the reason for the decision.

NeoNexus is a Metaverse project, featuring both a planned utility and governance coin, it had sold over 4,000 “property NFTs”, with the project planning to offer a further 6,000 property NFTs, and character, vehicle, and accessory tokens planned for the future. Through its NFT mints, which raised 25,000 SOL, the metaverse NFT initiative raised between $2 and $4 million.

The NFT protocol NeoNexus said that the project had been halted, that the crew had been disbanded, and that the project would be handed over to the community. “It has been incredibly difficult trying to grow and continue our project in this ecosystem and market conditions where the price of SOL has dropped so much and the activity, volume, and interest in the entirety of the Solana NFT space has decreased,” Shi wrote in the project’s Discord.

However, it finally has positive news for this project’s supporters. On April 22, the team Metaversol informed Coincu that Metaversol team “has assumed development responsibilities and a community merge of NeoNexus, hiring many of their dedicated staff, and transitioning to our stable and capable team that was already heading their metaverse integration.”

Here are some official Metaversol channels that you can check out right now:

Website: https://metaversol.com
Discord: https://discord.gg/metaversol
Twitter: https://twitter.com/MxMetaversol

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