Last week, the popular non-fungible token (NFT) marketplace based on Tezos, Hic et nunc, halted its services following the market’s rise in the top twenty NFT marketplaces in terms of sales volume. After the market founder Rafael Lima retired, the community decided to take the project in hand and began to transform Hic et nunc into a decentralized autonomous organization (DAO).
The Tezos community gathers around the mirror of the NFT market
On November 14, Bitcoin.com News reported that the NFT marketplace powered by Tezos, Hic et nunc, had shut down its services. At the time, the founder of Hic et nunc, Rafael Lima, explained on Twitter that Hicetnunc.xyz was now “suspended”.
The founder’s Twitter account “@ hicetnunc2000” too leave a message on social networks that shared the address of the market smart contract. At the time, users were extremely confused about the situation and speculation started to increase.
A few days later, it seems that the Hic et nunc have regrouped around a clone of the original market called “Hicetnunc.art”. Statements sent to Bitcoin.com News detail that founder Rafael Lima has decided to step back and leave the project in the hands of the community.
The announcement reveals that the original website is still unavailable and “still remains in the hands of the founder and developer.” As the Tezos community rallied around the mirror, infrastructure provider Tezos Teztools is now the “guardian” of the Hic et nunc smart contract until a DAO is functional.
Hic and Nunc founder cuts fees to lowest smart contract allows
In addition, Lima has lowered the platform charges at 1%, according to recent statements. “The founder of Hic et nunc, Rafael Lima, has been in communication with part of the administration team and has reduced the cost of the existing HEN contract to 1%”, the community-hicetnunc Twitter account wrote. “In turn, DNS.xyz has transferred ownership of the Hicetnunc.art mirror to the care of the Teztools community. “
Additionally, generative artist and creative coder, Matt DesLauriers, posted a blog post on the subject on November 13, titled “Hicetnunc and the Merits of Web3”.
In the blog post, DesLauriers explained that despite shutting down the original Hic et Nunc website, “its users and their content are able to seamlessly move to alternative platforms and online spaces. , because the website simply acted as a thin interface on top of the decentralized blockchain. peer-to-peer file hosting and contracts.
What do you think of the Tezos community which is gathered around a Hic et nunc mirror and of the community which transforms the project into DAO? Let us know what you think of this topic in the comments section below.
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