The Redlion Gazette, the world’s first weekly NFT publication, ceased its operations at the beginning of the week, signaling the departure of a significant player in the blockchain art scene.
“Yesterday marked the first Monday since 2020 without a Gazette release As expected, it went unnoticed, confirming it was the right decision to end it. Still hurts though,” says the mastermind behind the project, Redlioneye.eth, on X.
Launched on the Ethereum blockchain in 2020, the Gazette quickly gained respect and became a staple in the NFT community. Its unique approach, combining exclusive NFT artworks with news in each issue, established a vibrant platform that drew in NFT artists, collectors, and enthusiasts.
Redlion Gazette’s Influence
Since its launch, the Redlion Gazette has released 187 weekly editions, totaling over 10,000 individual issues. Along the way, it connected with more than 2,500 unique collectors and provided 182 free digital artworks to its subscribers.
The magazine became famous for its innovative NFT subscription models, primarily through Lion Clubs memberships. The Redlion website describes its approach as “Low-Risk, High-Culture,” highlighting the value collectors could access for a relatively low mint price.
Additionally, the magazine has covered key industry events, spanning from Bitcoin’s 2021 surge and Ethereum’s shift to Proof-of-Stake to the rise of Art Blocks and XCOPY, among many others.
As the NFT community balances new ideas with lasting relevance, the Gazette remains a touchstone, representing a pivotal moment in digital art and NFTs.
Even after closing, its influence persists, reflecting the innovation and creativity that define the intersection of technology and art in the web3 landscape.
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The post Ethereum NFT Magazine ‘Redlion Gazette’ Closes Its Chapters appeared first on NFT Plazas.