The History of Teia.art - how Hic Et Nunc was Reborn
Tezos Ukraine explains how the popular platform was reborn within just a few weeks as Teia.art
250 words, 2 minute read
Hic Et Nunc (HEN) was one of the first and most popular NFT marketplaces on Tezos, until its founder abruptly shuttered the platform in November 2021. Tezos Ukraine has published an in-depth article about what happened, and how the community managed to relaunch the platform within just a few weeks as Teia.art. That effort has become a case-study in the benefits of decentralization, since it was only possible because all of the backend data was stored on IFPS, and the record of ownership was safe on the Tezos blockchain.
A DAO was set up to manage the resurrected project, and a multisig wallet was created for voting and decision-making. By early 2022 a new contract had been developed, and the community had agreed on a new name for the platform - Teia.art.
The work isn’t complete - Teia still uses an old HEN-era OBJKT contract for minting NFTs, for example, but creating a new contract is currently the subject of much discussion among the Teia community on Discord and Discourse. This would represent a significant step towards creating a genuinely independent ecosystem, making Teia a worthy heir to the original HEN.
You can read the full article (in English, Ukrainian or Russian) on Tezos Ukraine.