{"id":425370,"date":"2026-04-24T04:45:38","date_gmt":"2026-04-23T23:15:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/jpg-store-shuts-down-cardano-nft-marketplace-by-may-2026-crypto-news\/"},"modified":"2026-04-24T05:01:47","modified_gmt":"2026-04-23T23:31:47","slug":"jpg-store-shuts-down-cardano-nft-marketplace-by-may-2026-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/jpg-store-shuts-down-cardano-nft-marketplace-by-may-2026-crypto-news\/","title":{"rendered":"JPG Store Shuts Down Cardano NFT Marketplace by May 2026 – Crypto News"},"content":{"rendered":"
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JPG Store, the leading Cardano (ADA) NFT marketplace, announced it will permanently shut down on May 23, 2026, alongside its Comet platform.<\/strong><\/p>\n

The team cited operational unsustainability as the reason for the closure. JPG Store has served the Cardano ecosystem since 2021, facilitating NFT trading for thousands of users.<\/p>\n

What JPG Store Users Need to Know<\/h2>\n

The shutdown<\/a> will proceed in two phases. A restriction mode began on April 23, disabling new listings, offers, loans, and minting. Users can still buy existing listings, cancel active orders, and repay loans during this period.<\/p>\n

On May 23, the website will redirect to a shutdown notice page. All marketplace functionality will then cease.<\/p>\n

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After serving the Cardano ecosystem since 2021 and sharing an incredible journey with thousands along the way, we\u2019ve reached a point where the JPG Store & Comet platforms have to be sunset. <\/p>\n

While we deeply value the people who have supported us, the platforms have reached a\u2026<\/p>\n

\u2014 jpg.store (@jpgstoreNFT) April 23, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Users with NFTs in self-custody wallets do not need to take any action. Their assets remain fully accessible through other platforms that aggregate JPG Store smart contracts or through the Cardano CLI.<\/p>\n

However, those using social login wallets<\/a> must migrate their assets to standard Web3 wallets such as Lace, Eternl, or Flint within the 30-day window. <\/p>\n

Users with active listings, pending offers, or open loans should cancel or settle those positions before the deadline<\/a>.<\/p>\n

Assets left in smart contracts after the shutdown will still exist on-chain. However, recovering them will require technical knowledge or third-party tools.<\/p>\n

Another NFT Marketplace Falls<\/h2>\n

JPG Store\u2019s closure adds to a growing list of NFT marketplace shutdowns in recent months. Nifty Gateway, owned by Gemini, shut down in February 2026<\/a>. <\/p>\n

Immutable also wound down its marketplace<\/a> amid declining trading volumes across the sector.<\/p>\n

The team shared open-source contract repositories and smart contract addresses to support ongoing community development on Cardano<\/a>.<\/p>\n

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\u201cWhile we deeply value the people who have supported us, the platforms have reached a stage where they are no longer sustainable to operate,\u201d wrote<\/a> JPG Store in the post. <\/p>\n<\/blockquote>\n<\/div>\n