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JPG Store Shutdown: Overview and Timeline

A complete overview of the JPG Store shutdown process, including key dates, platform phases, and the actions users need to take to remove assets from smart contracts.

Updated yesterday

After serving the Cardano NFT ecosystem, JPG Store will be winding down platform operations in a structured and phased process.

This article provides:

  • A high-level summary of the shutdown

  • Clear instructions on what users need to do

JPG Store operates on the Cardano blockchain, and users always control their own wallet keys.


High-Level Summary

The shutdown will happen in two structured phases:

  1. Restriction Mode starting April 23rd, 2026

  2. Complete Shutdown on May 23rd, 2026

During the early phases, new marketplace activity will be disabled. Users will still be able to:

  • Cancel listings

  • Cancel offers

  • Complete existing loans

  • Remove NFTs from smart contracts

After the final shutdown date, JPG Store will no longer provide any marketplace functionality.


Phase 1: Restriction Mode

New activity is disabled. Existing activity can still be managed. Existing listings can be purchased and offers accepted.

Disabled:

  • New listings

  • New offers

  • New collection offers

  • New loans

  • Minting

Still Active:

  • Buying existing listings

  • Accepting existing offers

  • Accepting existing collection offers

  • Cancel active listings

  • Cancel pending offers

  • Cancel collection offers

  • Repay active loans

  • Removal of assets from smart contracts

This 14-day period allows:

  • Existing loans to naturally expire

  • Users to begin removing assets from smart contracts


Phase 2: Complete Shutdown

At final shutdown:

  • All marketplace functionality is disabled

  • jpg.store redirects to a shutdown notice page

  • Smart contract interactions via the website are no longer available


What You Need to Do

Users will only need to take action if they have assets currently held in JPG Store smart contracts.


1. Cancel Any Active Listings

If your NFT is listed for sale, it is currently held within a listing smart contract.

You must cancel the listing to return it to your wallet’s direct control.


2. Cancel Any Pending Offers

If you have placed:

  • Single NFT offers

  • Collection offers

Your ADA will be locked in a smart contract. You must cancel/withdraw the offer to return your ADA to your wallet balance.


3. Complete or Repay Active Loans

If you are involved in lending or borrowing:

  • Existing loans will continue until expiry

  • Borrowers should repay before the loan deadline

  • Lenders should monitor repayment status


4. Confirm Your Assets Are in Your Wallet

Important clarification:

  • NFTs that are not listed are already in your wallet

  • ADA that is not tied to offers is already in your wallet

  • You control your wallet keys independently of JPG Store

Only assets/ADA tied to active listings, offers, or loans require action.


What Happens If You Do Nothing?

If assets/ADA remain in smart contracts past the final shutdown date:

  • The JPG Store website will no longer be accessible

  • All your assets/ADA will remain in a smart contract and you can interact with them using alternative marketplaces or the cardano-cli to build a transaction to the smart contract

For this reason, non-technical users are strongly encouraged to remove assets/ADA before the final deadline.


How To Check If You Need To Take Action

If you are unsure whether you need to take action:

  • Review your Listings and Offers tabs

  • Check for any active loans

  • You will be able to check all activity and active smart contract interactions from your jpg.store profile

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