Hic et Nunc’s 150% Wallet Growth: What to Check

Treat the reported 150% increase as an unverified growth claim unless it comes with a measurement period, a starting count and a clear definition of “active wallet.” Without those details, you cannot tell whether it describes current Hic et Nunc activity, a short-lived spike or a change in how activity was counted.

There is also an important historical distinction: the original Hic et Nunc website went offline in 2021, although its Tezos smart contracts continued to exist. A report about wallet activity needs to identify whether it tracks those contracts, a successor interface, or activity across Tezos more broadly. Those are not interchangeable measures.

Before acting on the headline:

• Find the start and end dates for the 150% calculation.
• Check the absolute wallet counts, not just the percentage.
• Confirm which contracts, interface and activity types are included.
• Look for supporting measures such as buyers, sellers and completed sales.

A percentage without this context is not a reliable picture of marketplace health.

A 150% increase means the later count is 2.5 times the starting count. For example, if a service had 100 active wallets in a defined period and later had 250, that would be a 150% increase. The example explains the arithmetic; it is not a Hic et Nunc user count.

The percentage can sound dramatic even when the starting figure is small. A move from 20 wallets to 50 is also 150%, but it represents 30 additional addresses. A move from 20,000 to 50,000 would be a very different scale. That is why the baseline matters as much as the percentage.

Check whether the comparison uses equal periods. A week compared with a month, or a quiet period compared with a launch or promotion, can mislead. Also check whether the count is daily, weekly or monthly and whether repeat activity is counted once or multiple times.

If the report does not give the underlying counts and dates, describe the number as a claim rather than a confirmed trend. A single percentage cannot tell you whether activity is sustained.

An active-wallet count usually means the number of distinct blockchain addresses that performed a chosen action during a chosen time window. The action might be buying, selling, minting or simply interacting with a contract. The report’s definition determines what the total actually represents.

Addresses are not people. One collector can use multiple wallets, while a shared wallet may represent several people. Automated activity can also add addresses or transactions without showing genuine collector demand. These limitations apply to blockchain activity metrics generally, not only to Hic et Nunc.

Ask what the count includes:

• Does it include sellers, buyers, minters, or all contract interactions?
• Are repeat users deduplicated within the period?
• Are bots, marketplace services or contract wallets filtered out?
• Does it count addresses touching Hic et Nunc contracts or all Tezos NFT activity?

Then compare the figure with completed sales and unique buyers and sellers for the same period. Those measures are imperfect too, but together they provide more context than a wallet total by itself.

Hic et Nunc was an NFT marketplace built on Tezos. Its original website went offline in 2021, but the underlying smart contracts continued to exist on the blockchain. That means the history of its tokens and transactions can remain visible even when the original interface is unavailable.

A continuing contract does not guarantee a working, maintained or safe marketplace interface. Community-built sites and other services may provide ways to view or interact with older Tezos NFTs, but each interface has its own status and risks. A wallet-activity figure may refer to one of these interfaces, to contract activity, or to a broader set of Tezos NFT transactions.

In 2026, do not assume that a headline about Hic et Nunc proves the original marketplace has returned or that its former site is an official current service. Verify the interface’s identity and purpose independently. If you are looking to trade Tezos NFTs now, compare currently operating marketplaces such as Objkt and check their terms, transaction prompts and collection details before connecting a wallet.

Separate the enduring blockchain records from the status of any website used to access them.

Use this sequence before repeating or relying on the 150% figure:

1. Locate the original statement. Check who is making the claim and whether it identifies Hic et Nunc specifically, rather than Tezos NFTs generally.
2. Record the time window. The comparison should give both periods and use equivalent lengths.
3. Find the baseline and later counts. Calculate whether the percentage matches the underlying numbers: (later count − starting count) ÷ starting count × 100.
4. Read the metric definition. Establish which addresses and contract actions count as “active.”
5. Check corroborating activity. Compare unique buyers, sellers, mints and completed sales over the same dates.
6. Confirm what is being measured. Identify the contracts or interface and whether the data represents Hic et Nunc itself or wider Tezos activity.

If one or more of these details is missing, do not present the percentage as proof of sustained growth. You can still say that a 150% rise has been reported, but make clear that its period or method is not established. Avoid turning a wallet statistic into a claim about popularity, revenue or NFT value unless separate evidence supports that conclusion.

If the growth claim makes you consider minting or buying, decide first whether you can accept the possibility that an NFT may be hard to resell or may lose value. Wallet activity is not a promise of demand, and NFT prices can change quickly. Spend only what you can afford to lose, and do not borrow or use money needed for essentials.

Before connecting your Tezos wallet:

• Check that you have the correct marketplace interface and NFT collection.
• Review the item’s transaction details and any displayed fees before signing.
• Confirm what the wallet prompt authorizes; reject unexpected requests.
• Keep your recovery phrase offline and never enter it into a marketplace page or share it with support.
• Consider a separate wallet with limited funds for marketplace activity.

A contract interaction can be difficult or impossible to reverse. If a prompt requests permissions beyond the action you intend, stop and investigate rather than approving it. For older Hic et Nunc NFTs, verify the token and collection details on Tezos and check that the interface can actually perform the action you want. Do not assume that a visible listing guarantees a completed sale or a reliable buyer.

A common mistake is treating active wallets as unique people. It is also easy to confuse a brief spike with steady growth, or to assume that more addresses mean more buyers. Compare the same metric across equivalent periods and look for repeated activity rather than relying on a single point in time.

Another mistake is assuming that old Hic et Nunc contracts and a current website are the same thing. The contracts’ persistence does not certify a third-party interface, its security or its current maintenance. Check the interface and transaction prompt separately, and do not rely on a familiar name alone.

If you want a current Tezos NFT marketplace to compare, Objkt is one option. It is a separate service, not proof that Hic et Nunc has resumed operation. On any marketplace, check the collection identity, total transaction cost, wallet permissions and resale terms before acting.

The practical takeaway is simple: the 150% number is meaningful only when its dates, baseline and wallet definition are clear. If those are missing, treat it as an attention-grabbing statistic—not a reason by itself to mint, buy or connect your wallet.