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JPG Store, widely recognized as the leading NFT marketplace on the Cardano (ADA) blockchain, has announced it will permanently shut down operations on May 23, 2026. The closure also includes its Comet platform, marking a significant shift in the Cardano NFT ecosystem. According to the team, the decision stems from long-term operational unsustainability despite years of serving thousands of users since its launch in 2021.
The shutdown process is being carried out in phases to give users time to manage their assets. A restriction mode began on April 23, 2026, during which core marketplace functions such as new NFT listings, offers, lending, and minting have been disabled. However, users can still purchase existing listings, cancel active transactions, and repay outstanding loans before the final closure date.
Once May 23 arrives, the JPG Store website will redirect visitors to a shutdown notice page, and all marketplace features will officially cease. Users holding NFTs in self-custody wallets do not need to take immediate action, as their digital assets will remain secure on the blockchain and accessible via other Cardano NFT platforms or through the Cardano CLI.
For users relying on social login wallets, it is crucial to transfer assets to standard Web3 wallets like Lace, Eternl, or Flint within the 30-day transition period. Those with active listings, pending offers, or open loans are strongly advised to resolve or cancel them before the deadline to avoid complications.
Although NFTs left in smart contracts will continue to exist on-chain, retrieving them after shutdown may require advanced technical expertise or third-party tools. JPG Store’s closure follows a broader trend of NFT marketplace declines, including recent shutdowns of Nifty Gateway and Immutable’s marketplace amid falling trading volumes. Despite this, JPG Store has released open-source smart contract repositories to support ongoing innovation within the Cardano ecosystem.
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