NFT-Linked Fashion Label 9dcc Shuts Down

By

1 day agoThu May 29 2025 10:25:00

NFT-Linked-Fashion-Label-9dcc-Shuts-Down

Reading Time: 2 minutes

  • NFT-linked fashion label 9dcc has announced it’s shutting down this month
  • It attributed the move to difficulties navigating the web3 world
  • Customers with pending orders have three months to redeem NFTs and receive their physical apparel

NFT-linked fashion label 9dcc has announced that it’ll shut down by the end of this month, citing difficulties navigating the web3 world. The fashion house will give its customers with pending orders or unredeemed NFTs three months to receive their items and to redeem their collectibles for physical apparel. The move comes a few months after 9dcc sold out a collection on OpenSea, indicating that collectors are yet to embrace NFT-linked physical items.

Merging the Digital and Physical Worlds

According to the fashion house’s pseudonymous founder, Gmoney, 9dcc has “been on a journey to merge the digital and physical worlds,” adding that the firm explored the intersection between technology and fashion.

It’s with a really heavy heart that I’m announcing the wind down of 9dcc, effective at the end of the month. Over the last few years, we’ve been on a journey to merge the digital and physical worlds. We did innovative drops, had amazing irl events and activations, and fostered… https://t.co/lZ2WD6ZRr5

— gmoney.9dcc.e τh (@gmoneyNFT) May 27, 2025

Gmoney disclosed that the fashion house was unable to overcome the “macroeconomic headwinds in consumer web3.” He promised that the company would provide a smooth transition for existing customers.

The pseudonymous 9dcc creator disclosed that membership benefits will end with the shutdown down which corresponds to the firm’s 3-year anniversary. According to Gmoney, the end of the benefits aligns with “the original membership commitment” made three years ago.

Blockchain Verification and Ownership Have a Future

Gmoney, however, said he still believes in a future where verification and ownership will be done on the blockchain, a future he said 9dcc may have been “a little early” to explore. 9dcc’s sunsetting comes at a time when other crypto, web3, and NFT platforms are shutting down due to decreased revenues and usage.

Crypto exchange Bybit is among the latest firms to shutter multiple web3 products to reduce its product line and optimize its offerings. Last year, Nike also announced that it would shutter its NFT sneaker company RTFKT this year.

With 9dcc shutting down, it’s evident that NFT collectors want to stay online and not connect their collectibles to physical items.

Read More
Philip Maina

Latest

How to Bet on Soccer: World Cup Betting Guide and Strategies

Soccer This page may contain affiliate links to legal...

Akor Adams transfer: Venezia chief in Spain as Sevilla star nears record-breaking move

Soccer Venezia have stepped up their efforts to sign...

I regret not joining Liverpool – 98-cap Super Eagles star laments

Soccer Nigeria players. Copyright: Imago Super Eagles and Paris FC...

Newsletter

Don't miss

Breitbart Business Digest: Stacking Those $250 Trump Bills

Weekly Wrap: Making It Rain with Trump Bills Welcome back to Friday! This is the Breitbart Business Digest weekly wrap, our septidialogic sweep through the economic and financial news. This week the economy failed to get indigestion from the high price of gas, Treasury Secretary Scott Bessent told us about getting fed at the Fed, Trump

Business seminar in Munich highlights Hong Kong’s strategic roles amidst global shifts (with photos)

Business seminar in Munich highlights Hong Kong's strategic roles amidst global shifts (with photos) ******************************************************************************************      The Hong Kong Economic and Trade Office, Berlin (HKETO Berlin), promoted Hong Kong's unique advantages and strategic roles at the seminar "Hong Kong's strategic role amidst geopolitical tensions" on June 18 (Munich time) in Munich, Germany.             Senior executives, investors

AI for business services: From job fears to productivity

AI for business services: From job fears to productivity