Popular marketplace Tezos NFT discontinues services without explanation – bitcoin news

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After becoming one of the leading non-fungible token (NFT) marketplaces, the Tezos Hic et nunc based NFT marketplace has discontinued its services. After more than $ 50 million in historic sales in the market, the creator of Hic et nunc has not disclosed why the NFT market has been closed.

Closure of the Tezos-based NFT market

A popular non-fungible token (NFT) marketplace that took advantage of the Tezos network has closed and has not explained why. The now defunct NFT market is called Hic et nunc and it was among the top twenty NFT markets in terms of sales of all time. Before it closed, metrics from dappradar.com show Hic et Nunc was the 14th largest NFT market in terms of sales of all time.

Has anyone deciphered the wtf that happened here? https://t.co/1xOhZOjV2r

– 2kew (@ 2kew4u) November 12, 2021

At the time of going to press, the Hic et nunc front end is not working and it returns a server error explaining that the server could not be found. However, other affiliate links like hen101.xyz are still operational. The official marketplace Twitter account “@ hicetnunc2000” is also still working and the account shared two posts about the shutdown without much explanation.

wow stopped? Sad to see him go. It was a cool ass rig. https://t.co/nYLRCOGzKF

– NEO • (@raintheneo) November 12, 2021

The first is that the Twitter account’s biography now says “discontinued” and alongside that the account tweeted the address of the marketplace smart contract. Also, no one can reply to the tweet because the owner has closed replies. Statistics show that Hic et nunc has made $ 50.37 million in sales to date and the average market sale was $ 25.19 per NFT. The market also had around 48,346 traders before it closed.

Lack of explanation sparks criticism

The myriad of Twitter responses to Hic et Nunc’s official Twitter post are not very friendly and people are upset that the market simply closed for no reason behind the move. Some tweeted that the platform pulled a ‘carpet draw’, some said it was ‘the days of the Wild West’, while others accused the market of being hacked. According to one person, the creator of Hic et nunc nicknamed “Raf” was upset by some of the messages he had received.

“Raf (thinks) about stopping the HEN (even [though] he changed the Twitter bio right away), ”one person wrote on November 11. “He got angry about some messages, then decided it on a whim. “

Do not panic !!

Every piece of data is always on the blockchain, it’s one of the most beautiful things in the decentralized world (especially Tezos).

(1/2) https://t.co/MDm4NI6qUR

– akaSwap_com (@AkaswapCom) November 12, 2021

Two days later, another person speculated on the encrypted message Hic et Nunc wrote on Twitter. “I’ve thought about it and think I understand why this is the last post on this account,” the person said. “Hic et nunc has never been the site: Hic et nunc is the contract. The contract lasts forever.

Yet many others were very confused about the latest tweet and what it actually meant. “This was the last tweet HEN sent out. Does anyone know what that means?” another person asked.

** Editor’s Note: This post was updated at 3:30 p.m. EST to reflect claims that there are mirror websites that people can tap into to access Hic et nunc, but some still are confused as to the ‘safety / intention of some of them. ”

What do you think of the cessation of the activities of the NFT marketplace of Tezos, Hic et nunc? Let us know what you think of this topic in the comments section below.

Tags in this story $ 50 million in sales, Critique, Arrested, Hacked, HEN, Hic et Nunc, nft, NFT Market, NFT marketplace, NFT Tezos Market, NFT Traders, No explanation, Non-fungible token, Raf, Rug Pull, sales, Tezos, Tezos NFT Market, Traders, Far West, xtz

Image credits: Shutterstock, Pixabay, Wiki Commons

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