Sunday, July 21, 2024

Tezos, a popular NFT marketplace, has abruptly ceased operations

Non-fungible tokens have made their roots strong in the market and are now building a new face of digital assets. One of the most popular NFTs which had leveraged ‘Tezos’ has suddenly shut down their business without giving any prior notice and announcement. This NFT was considered as one of the topmost marketplaces for NFTs. The server for ‘Hic et Nunc’ shows error while operating and doesn’t explain to its users the cause of shutting down the business. The social media accounts for the platform also doesn’t speak much about the said links. The links other than the server are operating but will not navigate the users to any other platform.

Twitter handle is still in active mode after the site discontinued its services

Similarly, the Twitter handle also is in operation mode. The bio of the Twitter handle read “discontinued” at first and later the owner of the handle had shut all the options for the people to reply and respond to the tweets. This NFT marketplace offered the services to more than 40,000 people in one go and was responding to people since its inception.

The sudden shutting down of operations invited criticisms by people

Hic et Nunc had made a place in the market-beating all the competition. This sudden blackout by the platform has invited criticism on a large scale. There are hundreds of questions that people have and no one to answer at the same time. However, in this decentralized form of network, the data is still stored.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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