Blockchain-based freelance startup, Nodal Labs, closes up shop

October 30, 2019
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Blockchain-backed freelance firm Nodal Labs has recently entered into administration just over a year after its launch in late 2018.

According to a Companies House filing, the firm called in the administrators last week.

In a statement, Nodal revealed it had encountered financial difficulties due to cashflow problems leading it to cease trading, put its assets – which includes its intellectual property, existing contracts and IT equipment – up for sale, and appoint Bai Cham and David Elliott from CVR Global as joint administrators.

Read more here.

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October 30, 2019

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