The Tezos-based NFT marketplace Hic et nunc, which had become one of the most popular non-fungible token markets (NFT), has now closed its doors. After more than $50 million in all-time sales on the market, Hic et nunc’s creator has not disclosed why the NFT marketplace was shut down.
Tezos NFT Marketplace shuts down
Popular non-fungible token marketplace (NFT) that leveraged Tezos’ network has been shut down. The reason is unknown. Hic et nunc is the current NFT market. This was one of 20 top NFT markets by terms of sales. According to dappradar.com, Hic et nunc was 14th in NFT market sales at the time of its closing.
Anyone deciphered what took place here? https://t.co/1xOhZOjV2r
— 2kew (@2kew4u) November 12, 2021
The Hic et nunc front-end is currently not operational and gives a message that the server could not be located. However, other affiliate links such as hen101.xyz remain operational. The marketplace’s official Twitter account “@hicetnunc2000” is also still working and the account shared two messages about closing without much explanation.
WoW has been discontinued. We are sorry to see it go. It was an awesome platform. https://t.co/nYLRCOGzKF
— NEO• (@raintheneo) November 12, 2021
The first is the Twitter account’s bio now says “discontinued” and alongside this, the account tweeted the market’s smart contract address. The owner may not reply to the tweet, so no one can answer it. According to statistics, Hic et nunc had $50.37million in total sales and an average sale of $25.19 per NFT. Before closing shop, the marketplace had 48,346 sellers.
Poor explanation is a cause for criticism
The myriad of Twitter replies to Hic et nunc’s official Twitter message are not very kind and people are upset that the market simply shut down with no reason behind the move. There are some tweeted that the platform pulled a ‘rug pull,’ some said it was the “Wild West days,” while others accusedHacking is a common practice. According to one person, Hic et nunc’s creator dubbed ‘Raf’ was upset about some messages he received.
“Raf is (thinking) of discontinuing HEN (even [though] he changed Twitter bio right away),” one individual wroteNovember 11 “He got upset about some messages then decided this on a whim.”
All data, including Tezos’s, is on the Blockchain.
— akaSwap_com (@AkaswapCom) November 12, 2021
Another person speculated about the mysterious message Hic and nunc posted on Twitter two days later. “I’ve been thinking about this and I think I understand why this is the last post on this account,” the person said. “Hic et nunc was never the website: Hic et nunc is the contract. The contract lives forever.”
Nevertheless, there were many more. very confusedWhat the tweet actually meant? “This was the last tweet HEN sent out. Does anyone know what this means?” another person asked.
Do you have any thoughts about Hic et nunc ceasing to be a Tezos NFT marketplace? Please comment below to let us know your thoughts on this topic.
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