In September 2021, the Recur NFT platform announced it had raised $50 million in a Series A funding round that saw the startup valued at $333 million.In December 2021, the company offered $300 “Recur Passes”, which promised holders early access to NFT drops and other perks. One of them resold for $88,888 in February 2022.Now, Recur has announced they will be closing up shop, and warned users to migrate their assets away from the platform in advance of a November shutdown. The company cited “unforeseen challenges and shifts in the business landscape”.As for the Recur Passes, they’re currently selling for somewhere between $7 and $11.