KT Corporation, one of the biggest telecommunications firms in South Korea, [announced](https://web.mincl.kt.co.kr/mobileview/feed/feedDetail?feedId=24012400010718) it will shut the NFT platform MINCL on March 4. According to its statement, the closure was due to changes in business conditions.

The announcement also advised holders of KT Wiz Rookie Pack NFTs, which are digital collectible baseball cards, to transfer their assets to external e-wallets.

MINCL, introduced in April 2022, played a pivotal role in offering NFT minting, trading, and wallet services, catering to both retail and institutional users.


The company said it was because of “shifting business conditions.” 


Thu Jan 25 2024 South Korea’s KT Corporation Shuts Down NFT Platform

Thu Jan 25 2024

South Korea’s KT Corporation Shuts Down NFT Platform