Social NFT Platform Rodeo to Shut Down After Failing to Scale
Rodeo will wind down operations in stages after saying it could not grow sufficiently to sustain long-term operations amid a weak NFT market.
Rodeo, a social-focused NFT marketplace, announced it will shut down after failing to grow enough to support long-term operations, citing an inability to scale amid prolonged weakness in the NFT market [1][2][4].
The app, which launched on Apple’s iOS store in March last year, told users it would be taken offline in stages and gave a short window to move work off the platform [2][3].
According to the team’s timetable, Rodeo will remain fully functional through February 10, switch to read-only mode on February 10, and be shut off completely by March 10, with parts of the site going offline incrementally over the coming weeks [3][1].
The closure follows a broader trend of recent NFT platform shutdowns as trading activity across the sector remains weak [2][4].
Users were urged to withdraw their assets before the read-only transition and final shutdown dates to avoid loss of access [3].
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Citations
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- 1Social NFT Platform Rodeo to Shut Down After Failing to ScaleDeFi Planet• Jan 28, 2026
- 2Rodeo to Shut Down Operations as NFT Market Remains Under PressureTheCoinrise.com• Jan 28, 2026
- 3Another NFT Platform Falls As Rodeo Announces ShutdownBitcoinist• Jan 28, 2026
- 4Social NFT Marketplace Rodeo Joins Wave of Platform ClosuresCoinpaper• Jan 28, 2026
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