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Market Lesu, NFT Marketplace Cardano Cease Operations on May 23
The NFT ecosystem is once again losing a major player. JPG Store, the number one NFT marketplace on the Cardano network, officially announced their plan to shut down their platform and the Comet app on Friday (24/4). The JPG Store website is scheduled to cease all operations by May 23, 2026.
In their official statement, the JPG Store team revealed that although they have been serving the community since 2021, the platform has reached a point where its operations are no longer sustainable from a business perspective. "We have reached a point where the JPG Store & Comet platform must be discontinued," the announcement read via their official X account.
Although the website will be shut down, the team emphasized that all user NFT assets remain secure in self-custody wallets. Since built on open-source smart contracts, these assets will still be accessible through other aggregator platforms or via Cardano CLI. Users still have 30 days to manage their items directly through the website before the final closure next month.
This workflow integrates the Gate.io REST v4 API with GPT-4.1-mini-powered AI and Telegram, giving traders real-time access to price action, order books, candlesticks, and trade data. Perfect for crypto traders, analysts, and DeFi builders who need fast and reliable exchange insights.