Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Popular Tezos NFT Marketplace Discontinues 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 non-fungible token (NFT) marketplace that leveraged the Tezos network has closed down its business and has not explained why. The now-defunct NFT market is called Hic et nunc and it was one of the top twenty NFT markets in terms of all-time 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.

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.

The first is the Twitter account’s bio now says “discontinued” and alongside this, the account tweeted the market’s smart contract address. Furthermore, no one can respond to the tweet as the owner has replies shut off. 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. According to one person, Hic et nunc’s creator dubbed ‘Raf’ was upset about some messages he received.

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

Two days later another person speculated on the cryptic message Hic et nunc wrote 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 was never the website: Hic et nunc is the contract. The contract lives forever.”

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

What do you think about the Tezos-based NFT marketplace Hic et nunc discontinuing operations? Let us know what you think about this subject in the comments section below.

Comments

Popular posts from this blog

Earn up to 50% APY by Staking $GLQ on GraphLinq App

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...

Coinsquare launches Quick Trade mobile app with instant funding

One of Canada's largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum. Coinsquare , the Toronto-based digital currency platform, has announced a new mobile trading application designed to simplify the buying and selling of cryptocurrencies in Canada.  Quick Trade was officially unveiled Monday, allowing commission-free transactions of Bitcoin ( BTC ), Ethereum ( ETH ), Litecoin ( LTC ) and Bitcoin Cash ( BTC ). A total of 15 trading pairs are available at launch, with “many more digital assets to be onboarded over the coming months,” the company said. The app is available on Android and Apple devices alongside Coinsquare’s existing mobile application, which is an extension of its web-based trading platform. In addition to commission-free trades, the new app allows for instant account funding via Interac e-Transfer – a considerable upgrade from Coinsquare’s current funding window, which can take up t...

Blockchain identity market to grow $3.58B by 2025, report claims

A new forecast for the global blockchain identity management market expects growth at a compound annual growth rate of almost 71% during 2021-25. A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down into segments: by sector – e.g., government, healthcare, banking, financial services and insurance (BFSI) – geography, and applications. It was published by the Lyon-headquartered market research solution provider ReportLinker.  Drawing on an analysis of several existing blockchain identity management market vendors – Accenture, Amazon, Bitfury Group, Civic Technologies, and others – the report expects the total global market to grow by $3.58 billion between 2021 and 2025. Related:  The future of DeFi is spread across multiple blockchains The study’s baseline assumption...