Home » South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures

South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures

by Jennifer Mackenzie



South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market PressuresMomint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as the country’s first NFT marketplace supporting local currency transactions and gained attention with significant NFT sales. The company raised $2.1 million in seed […]



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