Archipelago Marketplace to Shut Down

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Archipelago, the website and generative art marketplace whose founder partnered on Tyler Hobbs' QQL mint pass auction, is shutting down Dec. 10, according to a message on the site.

Reasons for the shuttering weren't given by site creator and QQL co-founder @dandelion_wist. Last month, Dandelion put out a tweet thread about transferring QQL seeds (outputs of Hobbs' algorithm only mintable by those with QQL mint passes) and said Archipelago was "actively building" a seed marketplace.

This morning, Dandelion responded to a user concerned about the marketplace plans saying that the "seed market will still happen, just on a super chilled-out timeline."

The QQL Mint Pass, created by Fidenza founder Hobbs, sold out 900 editions in Dutch auction format with a resting price of about 14 ETH back in September. The sale raised more than $16.7 million for Hobbs and Dandelion.

After the announcement, Dandelion purchased Fidenza No. 607 on the Archipelago marketplace for 500 ETH (about $585,000).

The website directs users to Artacle.io, an NFT analytics platform for generative art.

Author Bio

TD Marquis

A veteran journalist and editor with more than a decade's worth of experience, TD helped a small community newspaper in Vermont win a New England Newspaper Association Right to Know Award in 2014. TD helped compile five years' worth of invoices to uncover a long-established practice of small-town government officials paying themselves six figures to do small jobs around town. TD discovered NFTs with Top Shot in 2021 and his first NFTs on ETH were saving two Mooncats. He is now the proud owner of Rowhome #61 and 1,300 other NFTs of questionable value. He also sent 4 ETH to a fake Mekaverse site and wants Lucky Trader readers to avoid the same fate.

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