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JPG Store, the dominant NFT marketplace on the Cardano network, has detailed its roadmap toward a permanent shutdown by May 23, 2026, marking the end of an era for the ecosystem. The platform officially entered 'restriction mode' on April 23, disabling all new listings and offers while shifting focus toward ensuring 'on-chain continuity.' This technical emphasis aims to guarantee that digital assets persist on the blockchain even after the platform's user interface is decommissioned. Additionally, a critical 30-day deadline remains in place for users of social login wallets to migrate their assets to external wallets. This strategic exit, which also encompasses its subsidiary platform Comet, is being closely monitored for its potential impact on ADA token sentiment and network liquidity. The move underscores the broader operational hurdles facing niche marketplaces while highlighting the importance of decentralized asset persistence.
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