{"id":14397,"date":"2021-11-17T06:54:03","date_gmt":"2021-11-17T06:54:03","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/tezos-nft-market-hic-et-nunc-returns-after-founder-steps-back-begins-transition-to-dao\/"},"modified":"2021-11-17T06:54:03","modified_gmt":"2021-11-17T06:54:03","slug":"tezos-nft-market-hic-et-nunc-returns-after-founder-steps-back-begins-transition-to-dao","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/tezos-nft-market-hic-et-nunc-returns-after-founder-steps-back-begins-transition-to-dao\/","title":{"rendered":"Tezos NFT Market Hic et Nunc Returns After Founder Steps Back, Begins Transition to DAO"},"content":{"rendered":"

Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market\u2019s rise into the top twenty NFT marketplaces by sales volume. After the market\u2019s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun transitioning Hic et nunc into a decentralized autonomous organization (DAO).<\/strong><\/p>\n

Tezos Community Bands Together Around NFT Marketplace Mirror<\/h2>\n

On November 14, Bitcoin.com News reported<\/a> on the Tezos fueled NFT marketplace Hic et nunc shutting down its services. At the time, Hic et nunc\u2019s founder Rafael Lima explained on Twitter that Hicetnunc.xyz<\/a> was now \u201cdiscontinued.\u201d<\/p>\n

The founder\u2019s Twitter handle \u201c@hicetnunc2000<\/a>\u201d also left a message<\/a> on social media that shared the market\u2019s smart contract address. At the time, users were extremely confused about the situation and speculation started to rise.<\/p>\n

Days later, it seems the Hic et nunc has banded together around a clone of the original marketplace called \u201cHicetnunc.art<\/a>.\u201d Statements sent to Bitcoin.com News detail that the founder Rafael Lima has decided to step back and leave the project in the hands of the community.<\/p>\n

The announcement discloses that the original website is still unavailable and \u201cstill remains in the hands of the founder and developer.\u201d As the Tezos community banded together around the mirror, the Tezos infrastructure provider Teztools<\/a> is now the \u201ccaretaker<\/a>\u201d of the Hic et nunc smart contract until a DAO is functional.<\/p>\n

Hic et Nunc Founder Lowers Fees to the Lowest Level the Smart Contract Will Permit<\/h2>\n

Furthermore, Lima has lowered<\/a> the platform\u2019s fee to 1%, according to recent statements. \u201cHic et nunc founder Rafael Lima has been in communication with some of the admin team and reduced the existing HEN contract fee to 1%,\u201d the hicetnunc-community<\/a> Twitter account wrote. \u201cIn turn, DNS.xyz<\/a> have transferred the ownership of the mirror Hicetnunc.art to the community care of Teztools.\u201d<\/p>\n

Moreover, the generative artist and creative coder, Matt DesLauriers, published a blog post<\/a> about the subject on November 13, called \u201cHicetnunc and the Merits of Web3.\u201d<\/p>\n

In the blog post, DesLauriers explained that despite the original Hic et nunc website shutting down, \u201cits users and their content are able to transition seamlessly to alternative platforms and online spaces, because the website was merely acting as a thin interface atop the decentralized blockchain contracts and peer-to-peer file hosting.\u201d<\/p>\n

What do you think about the Tezos community banding together around a Hic et nunc mirror and the community transitioning the project into a DAO? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nNews, DNS.xyz, HEN, HeN contract, Hic et Nunc, Hic et nunc market, Hic et nunc marketplace, hicetnunc-community, Hicetnunc.art., Hicetnunc.xyz, Matt DesLauriers, Mirror, nft, NFTs, peer-to-peer file hosting, Tezos, Tezos Blockchain, tezos foundation, Tezos infrastructure, Teztools, twitter account<\/p>\n","protected":false},"excerpt":{"rendered":"

Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market\u2019s rise into the top twenty NFT marketplaces by sales volume. After the market\u2019s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun transitioning Hic et nunc into…<\/p>\n","protected":false},"author":0,"featured_media":14398,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14397","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\/14397"}],"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=14397"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14397\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14398"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}