In case you didn’t hear about it, www.hicetnunc.xyz, the most popular dApp on Tezos, shut down yesterday for some time. It is now back on track.
What’s hic et nunc? Rafael (@crzypatchwork) created hic et nunc as an experiment that took off unexpectedly this year. A couple of months ago, the dApp had more transactions than Open Sea for a while and now has a current daily volume is 10k to 15k tezos +/- $90k. It has been super trendy because of the artist’s quality, low gas fees, and a solid community.
Here is what happened:
Yesterday, Rafael sent the following message on Discord and changed hic et nunc Twitter bio to "Discontinued”. A couple of hours after, he took down the website.
In approximately 2 hours, the www.DNS.xyz team, together with community support, brought the site to life again. It is now fully accessible through www.hicetnunc.art
The revival was possible because the smart contract is running on the Tezos network, and development is entirely open-source.
All your NFTs are safe (no need to panic!). All kinds of transactions are possible as if nothing happened.
On the same day, www.objkt.com (the second most popular dApp on Tezos) released its minting feature. NFTs from hic et nunc are visible and accessible on that platform.
Many are discouraged and unsatisfied with the reckless actions of hic et nunc founder. Others believe he accomplished something very remarkable, and all the exposure took a toll on his mental health.
Right now, Hic et nunc fees (2.5% of all sales) are still going to Rafael.
Meanwhile, Tezos is trending on Twitter, and the actual volume on hic et nunc is up.
So, where should hic et nunc go from here? Excited to hear your comments below 👇
I may be alone in thinking Raphael is an interesting an unique human being. I still think HEN is the most progressive NFT platform. The beauty of his creation is also proven by the fact that he could discontinue it and it had the ability, by the fact it was held together with community strength and spirit, to go on and flourish. How many companies, organizations would be able to do that without their governing board? And from what I understand no one lost money? (I could be wrong about that.) I also think this move of his was more of an experiment, like so much of what he did/does. I've only heard him speak once but I was impressed with his thoughts.
I don't like the idea of my 2.5% continuing to go to a guy who's abandoned the project tbh. How can we change it to go to the DNS team or teztools.io?
Very interesting - probably should've handled the transition a little better but since it's open-sourced he didn't really threaten anyone's collections. Not familiar with Tezos or the NFT space on that blockchain but I'm going to research thanks to you, Kaloh. Thinking of scooping a domain, too. I would like more on the Tenderbake update launch and IBC enabling Tezos. It's not EVM compatible and I don't like the idea of blockchains being isolated if they're utility is cross-chain compatible - it limits adoption and usability - but most importantly, for DeFi, you need the liquidity opened up by connecting blockchains. Keep posting, enjoy your stuff. Peace.
Dayum, thx for the info!
raf has started tweeting again and opened up the hicetnunc2000 Twitter handle.