| Founded | 2021 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Web3 |
| Collapse type | Silent Shutdown |
Recur
"Recur raised $50M to build licensed NFT collections for major brands — then the NFT market collapsed and took the business thesis with it"
Quiet closure with no public announcement
Key Events Timeline
Recur built an NFT platform specifically designed for major IP owners — think entertainment studios, sports leagues, and brand licensors — providing the technology layer to create, distribute, and support secondary market royalties for official licensed digital collectibles.
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