Bold plans for a nonfungible token (NFT)-based restaurant and a private members lounge in San Francisco have come to an abrupt end after the company behind the project halted construction due to complex macroeconomic factors. Two establishments were built on the Salesforce Park grounds and were to be named Sho Restaurant and Sho Club Sky Lounge.The latter will only cost Dec. 7,500 to $300,000 and will be available to NFT Sho Club owners, which will provide access to Sho Group's other future offerings in the hospitality space. Speaking on September 7 on the SFGATE news website for San Francisco, Sho Group CEO Joshua Siegel said that construction of the project is no longer possible and confirmed that the company terminated the lease agreement in July. The CEO added: Despite the high demand for a multi-million dollar concept in both pre-sales and reserved memberships [...].. ultimately, we could not solve many of the problems of potential investors, most of which were related to the future of SF and the increasing cost of building a restaurant.Siegel also highlighted complex macro factors that make the cost of construction too high, such as labor shortages, supply chain disruptions, geopolitical uncertainty and inflation. Siegel says the Sho Group is giving the money back to everyone who bought the NFT. The NFT Sunday marketplace on Binance suddenly announced that it will stop support for polygon-based NFT soon, but did not give an explicit explanation for the reasons. In Binance NFT st's blog post dated September 8thCiting its decision to optimize product offerings on the platform, it said it would end its Sandbox NFT bidding program later this month. The program allows users to place their polygonal plots outside the sandbox to earn rewards in the form of Sand tokens; however, it will officially close in September. 26. Users will automatically eject their NFTs and send them back to private wallets. As part of the closure of the Binance program, the NFT also stated that support for the Polygon network will end on the same day, and users will stop until December. 31, to take all your polygonal nfts off the market. Binance NFT said that affected users will be provided with more details at a later stage.To celebrate the new NFL season, which starts this week, the NFT-friendly social media platform Reddit has launched a collection of NFL-themed NFT avatars. Today is the day the NFL #redditcollectibles are introduced for all 32 @NFL teams (the number of units per team is limited to 500). Now create yours! #NFLxReddit #2023nflkickoff https://t.co/e43sIHl9oW pic.twitter.com/WOjRagyJmvThe The collection was launched on September 7 and includes all 32 teams. NFTs retails for $25 for the doll, and the cover shows a Reddit Snoo mascot dressed in another uniform. There are 500 tokens available for each team; however, at the time of writing, it seems that there are still more than 400 NFTs available in many sets, which indicates that there is no rush to update them yet. As part of a partnership with NBA star Paul George and Popattitude socks, underwear and T-shirt brand NFT project Rumble Kong League has launched phygital basketball socks. The drop is part of a broader collaborative project called Hyper Socks, which will eventually launch a 3-on-3 basketball game with play to win features.NFT's organization Rario is losing founders after securing a $ 120 million funding last year: the report on the first phase of the project included the sale of coin-operated socks that can be used in the upcoming game. In an announcement dated September 8, the Rumble Kong League team began the second phase by opening the sale of 250 physical posture Sox boxes themed around the cartoon gorilla avatars of the project. There are two legends who have joined forces to create greatness in their respective fields. RKL x @Stance bridges are in action! The highest quality of rare fur that will create a spark on any basketball court. There are a total of 250 pieces available! Get your box before they leave! pic.twitter.com/3rQXtTtciIThe The partnership marks an important major partnership for the project, given Stance's connections with the NBA and other professional sports leagues.  The team behind the NFT OnChainMonkey project is transferring the entire collection of 10,000 NFTs from Ethereum to Bitcoin as part of a large-scale project that is expected to take several months. August September base network's Onchain summer promotion resulted in more than 700,000 NFTs being printed on more than 268,000 unique wallets, according to the team's statement dated September 6.Magazine: NFT Collector: Giant Swan's gothic VR dreams ... copyrights are free on opensea