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TEXXR

Chronicles

The story behind the story

days · browse · Enter similar · o open

NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down

Rosie Perper / CoinDesk :

CoinDesk Rosie Perper

Discussion

  • @andy8052 Andy on x
    After a lot of deliberation, we have made the incredibly hard decision to wind down all of our operations @tessera and @escherxyz over the next few weeks.
  • @charlesarthur Charles Arthur on x
    “Collective NFT ownership” 🤷‍♂️ https://twitter.com/...
  • @jubbishjay Jay on x
    sad to see this, but have full faith in Andy and the rest of the team that have poured so much love and work into their platforms. their dedication to building and providing value to the ecosystem is unquestionable and i'm proud to have been a part of any and all of it 🫂 https://…
  • @gfunkera86 @gfunkera86 on x
    .@andy8052 is one of the smartest people in the space - proof that innovation & building with a moving target is hard. My heart breaks for him as a founder. Proud seed investor and launch partner to @tessera - keep pushing the boundaries of blockchain tech, ser. https://twitter.c…
  • @smaroo Shant on x
    This was a very difficult decision and going to take time to fully process. The outpouring of love and support has been overwhelming and it has been an absolute honor and privilege to work alongside such incredible and talented people! https://twitter.com/...
  • @pauly0x Pauly on x
    This is what happens when assclowns like @DeeZe pretend they are building something. They abandon their entire project, all of their investors, community and supporters. ☠️ Another group of LARPS bites the dust. This was a very obvious and predictable outcome. https://twitter.com…
  • @deeze @deeze on x
    An unexpected whirlwind of a Friday morning taking a moment to process everything while reaching out to my artist friends who I helped onboard to Escher 🥹😢 https://twitter.com/...