Tezos-Based NFT Marketplace Shuts Down

One of the major non-financial token (NFT) markets, Hic et nunc, which has become a Tezos-based NFT market, has ceased offering its services. After more than $50 million in historical market sales, creator Hic et nunc did not reveal why the NFT market was closed.

Tezos-Based NFT Marketplace Shuts Down

One of the major non-financial token (NFT) markets, Hic et nunc, which has become a Tezos-based NFT market, has ceased offering its services. After more than $50 million in historical market sales, creator Hic et nunc did not reveal why the NFT market was closed. A popular non-financial token trading (NFT) marketplace that uses the Tezos network has gone out of business and did not explain why. The current NFT market is called Hic et nunc and  was one of the 20 largest NFT markets in terms of revenue of all time. According to dappradar.com metrics before closing, Hic et nunc was the 14th largest NFT market by sales volume. 

  

Hic et nunc interface is not working while printing and I am getting server error stating that the server cannot be found. Other affiliate links like hen101.xyz  still work. The  official Twitter account for the marketplace '@hicetnunc2000' is  still in operation, and the account has sent two messages about the closure without any explanation. 

 

First, the bio on the Twitter account now says "discontinued" and  the account tweeted the address of the smart contract in the marketplace. Also, owner replies are disabled, so no one can reply to the tweet. Statistics show that Hic et nunc has generated $50.37 million in sales to date, with an average market revenue of $25.19 per NFT. Also, before the store closed, the market had about 48,346 traders. Many Twitter responses to the 

Lack of Explanation Gets Criticism

  

Hic et nunc official Twitter post are not very friendly and people are upset that the market has been closed for no reason to do this. Some tweeted what the platform had brought, some called the "Wild West era", and others accused the market of being hacked. According to one person, the creator of Hic et nunc, nicknamed Raf, was upset by the message he received. 

 

One person wrote on 11/11, "Raf (thinks) about ending HEN (although he immediately changed his Twitter bio)". "He got mad about some of the messages and decided  on a whim." 

 

Two days later, someone suggested a secret message tweeted by Hic et nunc. "I've been thinking about it and I think I understand why this is the last post on this account," the person said. “Hic et nunc is by no means a website. Hic et nunc is a contract. The contract lasts forever." 

 

But many others were very confused about the last tweet and what it really meant. “This is the last tweet from HEN. Does anyone know what this means? “I asked someone else.