Cameo and Rally Shutter NFT Products, #Paid Conducts Layoffs — The Information

I’m kicking off today’s newsletter with some news: Creator services from Rally to Cameo are ditching crypto features that generated lots of buzz during the pandemic. And another creator economy startup, #Paid, is cutting workers, I’m first to report, adding to layoffs hitting the sector. 

Let’s start with Cameo, the startup that connects fans with celebrities for customized video shoutouts. It’s shelving its splashy NFT project Cameo Pass about a year after launch, the company confirmed.

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