Cardano NFT Marketplace JPG Store Announces Shutdown on May 23

ADA1.45%

Gate News message, April 24 — JPG Store, a Cardano ecosystem NFT marketplace, announced on X that it will shut down on May 23 due to unsustainable operations. Both JPG Store and its Comet platform will cease website services, though the underlying smart contracts will remain operational.

User-owned NFTs held in self-custody wallets and JPG Store contracts will remain accessible through alternative aggregation platforms or the Cardano command-line interface. Users who employed social login wallets have 30 days to transfer their assets to self-custody wallets. The platform will maintain full functionality during its final 30 days to facilitate the transition.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Frax Joins DeFi United Support Action for Aave, to Propose Governance Plan for rsETH Incident

Gate News message, April 24 — Frax Finance announced on X that as an Aave V4 partner, it is in direct communication with Aave to address the rsETH incident. While Frax has no direct risk exposure, it

GateNews16m ago

Telegram Founder: TON fees drop to $0.0005, moving toward zero fees

Telegram founder Pavel Durov posted on the X platform on April 23, announcing that TON network transaction fees will be reduced by 6x within a week, down to 0.00039 TON per transaction (about 0.0005 USD). The fee rate is fixed and is not affected by network load. Durov also announced that after the fee reduction, most transactions will further move toward a fully free zero-fee model.

MarketWhisper24m ago

CoW DAO Proposes Discretionary Grant Program to Compensate Domain Hijacking Victims

Gate News message, April 24 — CoW DAO has proposed establishing a discretionary grant program to compensate users who suffered losses from the April 14 cow.fi domain hijacking incident. The program will provide up to 100% loss reimbursement through a one-time allocation from the legal defense

GateNews53m ago

EtherFi proposes injecting 5,000 ETH into the rsETH rescue pool to prevent bad debts from spreading across the DeFi ecosystem

EtherFi Foundation submitted a governance proposal on April 24, authorizing the DAO treasury to allocate up to 5,000 ETH to fund the cross-protocol rescue pool for the rsETH vulnerability incident, to fill the shortfall in collateral and prevent Aave and other DeFi lending markets from incurring bad debt. This is part of EtherFi’s “DeFi United” coordinated rescue initiative.

MarketWhisper1h ago

Pavel Durov Announces 6x Reduction in TON Network Transaction Fees Within One Week

Gate News message, April 24 — Pavel Durov, founder of Telegram, announced that TON network transaction fees will drop 6 times over the next week, falling to 0.00039 TON (approximately $0.0005) per transaction and remaining fixed regardless of network load. Following the reduction, most

GateNews1h ago
Comment
0/400
No comments