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Popular Tezos NFT Marketplace Ends Services without Explanation

Popular Tezos NFT Marketplace Discontinues Services Without Explanation

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’s creator has not disclosed why the NFT marketplace was shut down.

Tezos-Based NFT Marketplace Shuts Down

A popular marketplace for non-fungible tokens (NFT) that used the Tezos network closed its doors and has yet to explain why. Hic et nunc was the name of the now defunct NFT marketplace. It was one of twenty top NFT markets by terms of total sales. At the time before its closure, dappradar.com metrics show Hic et nunc was the 14th largest NFT marketplace in terms of all-time sales.

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

— 2kew (@2kew4u) November 12, 2021

At press time, the Hic et nunc 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 are still operational. The marketplace’s official Twitter account “@hicetnunc2000” is also still working and the account shared two messages about closing without much explanation.

wow discontinued? It’s sad to see it go. It was an awesome platform for sex. https://t.co/nYLRCOGzKF

NEO(@raintheneo) November 12, 2021

The first is the Twitter account’s bio now says “discontinued” and alongside this, the account tweeted the market’s smart contract address. The owner of the account has closed replies so that no one can reply to the tweet. 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.

Lack of Explanation Gets Criticism

The myriad of Twitter replies to Hic et nunc’s 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 that the platform pulled a ‘rug pull,’ some said it was the “Wild West days,” while others accused the market of getting hacked. One person claims that Hic et nunc’s creator, dubbed “Raf”, was unhappy about certain messages he received.

“Raf is (thinking) of discontinuing HEN (even [though] he changed Twitter bio right away),” one individual wrote on November 11. “He was upset by some messages and decided to do this on a whim

Don’t Panic!!

Every single bit of data is still on blockchain. It’s one the most beautiful things about the decentralized world (especially Tezos).

(1/2) https://t.co/MDm4NI6qUR

— akaSwap_com (@AkaswapCom) November 12, 2021

Two days later, another person speculated about the cryptic message Hic et Nunc posted on Twitter. “I’ve been thinking about this and I think I understand why this is the last post on this account,” the person said. “Hic et nunc wasn’t the website. Hic et nunc, however, is the contract. The contract is eternal

Still, many others were very confused about the last tweet and what it actually meant. “This was the last tweet HEN sent. “Does anyone know what it means?” another person inquired.

Editor’s Note: This post was updated at 3: 30 p.m. (EST) to reflect the claims that there are mirror websites people can leverage to access Hic et nunc, but some are still confused about the “safety/intent of some of them.”

What do you think about the Tezos-based NFT marketplace Hic et nunc discontinuing operations? Please comment below to let us know your thoughts on this topic.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or related to the use or reliance of any content, goods, or services in this article.

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Futurama’s new season struggles to make NFTs and AI funny

It only takes a few minutes before Futurama’s new season starts explaining non-fungible tokens, or NFTs, a concept most people probably haven’t thought about for more than a year.

Despite being set in the far future, Futurama has always been comfortable commenting on modern life. There have been episodes about smartphones and 3D printers that use sci-fi nonsense to complicate the concepts in a way that makes them funny. That has largely continued to be true over many years (and cancellations). But in its Hulu revival last year, the show really started to mess up the balance, and its topical jokes began to overshadow the sci-fi gags. The upcoming 12th season struggles even more to find a Futurama-style twist on absurd ripped-from-the-headlines storylines about NFTs and AI. It makes for an uneven season that often feels like it’s missing what originally made the show so special.

The NFTs are the most egregious example, and they also happen to be featured heavily in the debut episode, which makes for a terrible first impression. The convoluted plot involves Bender selling a CryptoPunks-style collection to make a quick buck, which somehow leads him on a quest to discover his origins in Mexico. Meanwhile, the rest of the Planet Express crew attempts a heist to liberate Bender’s NFT collection from an art museum, only to be thwarted by the complexities of the blockchain and digital ledgers.

The problem is that these aren’t some sort of quirky Futurama take on NFTs — they’re just regular NFTs as we know them now, terrible art connected to a digital receipt. The episode spends an annoyingly large part of its runtime explaining the concept — which, to be fair, is hard to do succinctly — without offering much by the way of jokes or commentary. It just assumes NFTs in and of themselves are enough to make people laugh.

More than a decade ago, when we all thought Futurama was really over for good, executive producer and head writer David X. Cohen explained to me how the show was able to successfully translate modern problems into its retrofuturistic world. “We always like it when the real world gives us ideas for episodes,” he said. “Setting the show 1,000 years in the future does not mean you’re not going to comment on society today, it just makes it one step removed.” As the NFT episode proves, it’s that “one step removed” part that’s so important. Without it, the episode is a bunch of dull jokes that are also painfully dated.

I’ve seen the first six episodes of the season (there will be 10 in total), and things fare slightly better later on. There’s a Squid Game spoof that explores Fry’s childhood through some kind of bizarre time travel and a fast-fashion episode that turns Cara Delevingne into Frankenstein’s monster and the professor into a style icon. I wouldn’t say these are examples of Futurama at its best — the jokes are hit or miss, and most are lacking the heart that keeps the show grounded. But they at least understand Futurama’s original premise: using this weirdo future as a lens to exaggerate modern issues.

This is less true in the most unoriginal episode of the bunch, when the show turns an AI chatbot into Leela’s jealous friend. It’s just about every AI movie trope rolled into 20 minutes of animation. It’s also pretty weird to tackle AI as a new thing at all given Futurama is swarming with sentient robots.

Maybe there’s more heart and wit in the later episodes, as Hulu does promise the season will explore “the next chapter in Fry and Leela’s fateful, time-twisted romance.” But from what I’ve seen, the balance is too far askew. There’s too much focus on being topical and not enough on the oddball humor, long-running characters, and warmth that has made it all work so well before. Like the rest of the world, Futurama should’ve left NFTs in the past.

Futurama season 12 starts streaming on Hulu on July 29th.

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