After becoming one of the top non-fungible token (NFT) markets, the Tezos-based NFT market Hic et nunc has ceased its services. After historical sales in the market exceeded $50 million, the creator of Hic et nunc has not yet revealed the reason for the closure of the NFT market.

Tezos-based NFT market closed

A popular non-fungible token (NFT) market leveraging the Tezos network has closed its business without explaining why. The now-defunct NFT market is called Hic et nunc, and in terms of historical sales, it is one of the top 20 NFT markets. Before it closed, dappradar.com metrics In terms of historical sales, Hic et nunc is the 14th largest NFT market.

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

— 2kew (@2kew4u) November 12, 2021

As of press time, Here and now The front end is not running and a server error occurs, indicating that the server cannot be found.Although, other affiliate links such as hen101.xyz Still operating. The official Twitter account of the market”@hicetnunc2000“Also still working, the account shared two messages about the closure without much explanation.

Wow discontinued? very sad. This is a cool ass platform. https://t.co/nYLRCOGzKF

— Near-Earth Objects• (@raintheneo) November 12, 2021

The first one is that the profile of the Twitter account now shows “discontinued”, in addition to the account Tweet The smart contract address of the market. In addition, since the owner has turned off replies, no one can reply to this tweet. Statistics show that so far, Hic et nunc’s sales are 50.37 million U.S. dollars, and the average sales on the market are 25.19 U.S. dollars per NFT. Before closing the store, the market still had approximately 48,346 traders.

Lack of explanation invites criticism

this Countless Twitter replies The official Twitter news of Hic et nunc was not very friendly, and people were upset that the market was closed without any reason.Some Tweet The platform pulled a “carpet pull”, some Said It was the “Wild West Era” and the others defendant Market hacked. According to a person familiar with the matter, the creator of Hic et nunc was called “Raf” and was disturbed by some of the information he received.

“Raf is (considering) stopping HEN (even [though] He immediately changed his Twitter profile),” a personal wrote November 11. “He was upset by some news, and then decided on a whim.”

do not panic! !

Every piece of data is still on the blockchain, which is one of the best 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 mysterious information Hic et nunc wrote on Twitter. “I have been thinking about this issue, and I think I understand why this is the last post on this account,” the person Said“Hic et nunc has never been a website: Hic et nunc is a contract. The contract is always valid.”

Nevertheless, there are many others Very confused Regarding the last tweet and its actual meaning. “This is the last tweet from HEN. Does anyone know what this means?” another person asked.

What do you think about the suspension of operations of the Tezos-based NFT market Hic et nunc? Please tell us your thoughts on this topic in the comments section below.

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