Quidd: Difference between revisions - Consumer_Action

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''The Quidd Team''}}

On January 3, 2025, the app would receive an unclosable pop-up stating "Quidd is closing its doors. Please go to market.onquidd.com for more information". On their website, they do not state a reason for the closure, but rather they thanked the users for utilizing the service and tell users to withdraw their funds manually. At the time, users could only log into the website and withdraw their current funds from their accounts, which did not include total collection value or sales.<ref>https://x.com/ssymes101/status/1875358003639284012</ref> Interestingly, rather than giving an early announcement about the closure on December 23, Quidd released a Betty Boops Holiday Magic collection set.<ref>https://x.com/quidd/status/1871267200008421877</ref> However, on December 20, the Twitter/X account stated "Quidd offices will be closed for the holidays from December 20, 2024, to January 2, 2025".<ref>https://x.com/quidd/status/1870192787737526622</ref>

On January 3, 2025, the app would receive an unclosable pop-up stating "Quidd is closing its doors. Please go to market.onquidd.com for more information". On their website, they do not state a reason for the closure, but rather they thanked the users for utilizing the service and tell users to withdraw their funds manually.<ref>https://market.onquidd.com/</ref> At the time, users could only log into the website and withdraw their current funds from their accounts, which did not include total collection value or sales.<ref>https://x.com/ssymes101/status/1875358003639284012</ref> Interestingly, rather than giving an early announcement about the closure on December 23, Quidd released a Betty Boops Holiday Magic collection set.<ref>https://x.com/quidd/status/1871267200008421877</ref> However, on December 20, the Twitter/X account stated "Quidd offices will be closed for the holidays from December 20, 2024, to January 2, 2025".<ref>https://x.com/quidd/status/1870192787737526622</ref>

On January 4, Quidd announced that they are working with POP Culture, Inc. to preserve user collections.<ref>https://x.com/quidd/status/1875652152590545369</ref> Many users took this announcement as empty promises<ref>https://x.com/Joe22367619/status/1875655325430509816</ref> and requested previously functionality, such as minting and selling.<ref>https://x.com/Dogstar3c/status/1875741590008033765</ref><ref>https://x.com/s1vh/status/1877675184364114392</ref>

===Implications===

Prior to the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> With their announcement on Twitter/X, users compared this behavior from Quidd as a "rugpull".<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> ~~Many~~ users warned Quidd of a class action lawsuit.<ref>https://x.com/Lex_407/status/1875563383279472987</ref>

Prior to the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> With their announcement on Twitter/X, users compared this behavior from Quidd as a "rugpull".<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> In addition, many users warned Quidd of a class action lawsuit.<ref>https://x.com/Lex_407/status/1875563383279472987</ref>

==Terms of Service==

@@ Line 21: / Line 21: @@
 ''The Quidd Team''}}
-On January 3, 2025, the app would receive an unclosable pop-up stating "Quidd is closing its doors. Please go to market.onquidd.com for more information". On their website, they do not state a reason for the closure, but rather they thanked the users for utilizing the service and tell users to withdraw their funds manually. At the time, users could only log into the website and withdraw their current funds from their accounts, which did not include total collection value or sales.<ref>https://x.com/ssymes101/status/1875358003639284012</ref> Interestingly, rather than giving an early announcement about the closure on December 23, Quidd released a Betty Boops Holiday Magic collection set.<ref>https://x.com/quidd/status/1871267200008421877</ref> However, on December 20, the Twitter/X account stated "Quidd offices will be closed for the holidays from December 20, 2024, to January 2, 2025".<ref>https://x.com/quidd/status/1870192787737526622</ref>
+On January 3, 2025, the app would receive an unclosable pop-up stating "Quidd is closing its doors. Please go to market.onquidd.com for more information". On their website, they do not state a reason for the closure, but rather they thanked the users for utilizing the service and tell users to withdraw their funds manually.<ref>https://market.onquidd.com/</ref> At the time, users could only log into the website and withdraw their current funds from their accounts, which did not include total collection value or sales.<ref>https://x.com/ssymes101/status/1875358003639284012</ref> Interestingly, rather than giving an early announcement about the closure on December 23, Quidd released a Betty Boops Holiday Magic collection set.<ref>https://x.com/quidd/status/1871267200008421877</ref> However, on December 20, the Twitter/X account stated "Quidd offices will be closed for the holidays from December 20, 2024, to January 2, 2025".<ref>https://x.com/quidd/status/1870192787737526622</ref>
 On January 4, Quidd announced that they are working with POP Culture, Inc. to preserve user collections.<ref>https://x.com/quidd/status/1875652152590545369</ref> Many users took this announcement as empty promises<ref>https://x.com/Joe22367619/status/1875655325430509816</ref> and requested previously functionality, such as minting and selling.<ref>https://x.com/Dogstar3c/status/1875741590008033765</ref><ref>https://x.com/s1vh/status/1877675184364114392</ref>
 ===Implications===
-Prior to the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> With their announcement on Twitter/X, users compared this behavior from Quidd as a "rugpull".<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> Many users warned Quidd of a class action lawsuit.<ref>https://x.com/Lex_407/status/1875563383279472987</ref>
+Prior to the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> With their announcement on Twitter/X, users compared this behavior from Quidd as a "rugpull".<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> In addition, many users warned Quidd of a class action lawsuit.<ref>https://x.com/Lex_407/status/1875563383279472987</ref>
 ==Terms of Service==