{"id":14304,"date":"2021-11-14T20:54:02","date_gmt":"2021-11-14T20:54:02","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/popular-tezos-nft-marketplace-discontinues-services-without-explanation\/"},"modified":"2021-11-14T20:54:02","modified_gmt":"2021-11-14T20:54:02","slug":"popular-tezos-nft-marketplace-discontinues-services-without-explanation","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/popular-tezos-nft-marketplace-discontinues-services-without-explanation\/","title":{"rendered":"Popular Tezos NFT Marketplace Discontinues Services Without Explanation"},"content":{"rendered":"

After becoming one of the top non-fungible token (NFT) marketplaces, the Tezos-based NFT market Hic et nunc has discontinued its services. After more than $50 million in all-time sales on the market, Hic et nunc\u2019s creator has not disclosed why the NFT marketplace was shut down. <\/strong><\/p>\n

Tezos-Based NFT Marketplace Shuts Down<\/h2>\n

A popular non-fungible token (NFT) marketplace that leveraged the Tezos network has closed down its business and has not explained why. The now-defunct NFT market is called Hic et nunc and it was one of the top twenty NFT markets in terms of all-time sales. At the time before its closure, dappradar.com metrics<\/a> show Hic et nunc was the 14th largest NFT marketplace in terms of all-time sales.<\/p>\n

Has anyone deciphered wtf happened here? https:\/\/t.co\/1xOhZOjV2r<\/a><\/p>\n

\u2014 2kew (@2kew4u) November 12, 2021<\/a><\/p>\n<\/p>\n

At press time, the Hic et nunc<\/a> front end is not operating and it gives a server error explaining that the server cannot be found. Although, other affiliated links like hen101.xyz<\/a> are still operational. The marketplace\u2019s official Twitter account \u201c@hicetnunc2000<\/a>\u201d is also still working and the account shared two messages about closing without much explanation.<\/p>\n

wow discontinued? sad to see it go. It was a cool ass platform. https:\/\/t.co\/nYLRCOGzKF<\/a><\/p>\n

\u2014 NEO<\/a>\u2022 (@raintheneo) November 12, 2021<\/a><\/p>\n<\/p>\n

The first is the Twitter account\u2019s bio now says \u201cdiscontinued\u201d and alongside this, the account tweeted<\/a> the market\u2019s smart contract address. Furthermore, no one can respond to the tweet as the owner has replies shut off. Statistics show that Hic et nunc saw $50.37 million in sales to date and the average sale on the marketplace was $25.19 per NFT. The marketplace also had around 48,346 traders before closing down shop.<\/p>\n

Lack of Explanation Gets Criticism<\/h2>\n

The myriad of Twitter replies<\/a> to Hic et nunc\u2019s official Twitter message are not very kind and people are upset that the market simply shut down with no reason behind the move. Some tweeted<\/a> that the platform pulled a \u2018rug pull,\u2019 some said<\/a> it was the \u201cWild West days,\u201d while others accused<\/a> the market of getting hacked. According to one person, Hic et nunc\u2019s creator dubbed \u2018Raf\u2019 was upset about some messages he received.<\/p>\n

\u201cRaf is (thinking) of discontinuing HEN (even [though] he changed Twitter bio right away),\u201d one individual wrote<\/a> on November 11. \u201cHe got upset about some messages then decided this on a whim.\u201d<\/p>\n

Don’t Panic!!<\/p>\n

Every single piece of data is still on the blockchain, it’s one of the most beautiful things in the decentralized world(especially Tezos).<\/p>\n

(1\/2) https:\/\/t.co\/MDm4NI6qUR<\/a><\/p>\n

\u2014 akaSwap_com (@AkaswapCom) November 12, 2021<\/a><\/p>\n<\/p>\n

Two days later another person speculated on the cryptic message Hic et nunc wrote on Twitter. \u201cI\u2019ve been thinking about this and I think I understand why this is the last post on this account,\u201d the person said<\/a>. \u201cHic et nunc was never the website: Hic et nunc is the contract. The contract lives forever.\u201d<\/p>\n

Still, many others were very confused<\/a> about the last tweet and what it actually meant. \u201cThis was the last tweet HEN sent out. Does anyone know what this means?\u201d another person asked.<\/p>\n

What do you think about the Tezos-based NFT marketplace Hic et nunc discontinuing operations? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nNews, $50 million in sales, Criticism, Discontinued, 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, Wild West, xtz<\/p>\n","protected":false},"excerpt":{"rendered":"

After becoming one of the top non-fungible token (NFT) marketplaces, the Tezos-based NFT market Hic et nunc has discontinued its services. After more than $50 million in all-time sales on the market, Hic et nunc\u2019s creator has not disclosed why the NFT marketplace was shut down. Tezos-Based NFT Marketplace Shuts Down A popular non-fungible token…<\/p>\n","protected":false},"author":0,"featured_media":14305,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14304"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=14304"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14305"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}