Quidd: Difference between revisions

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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> Users would have to manually fill a Google Form with their email and Quidd username to have the ability to save their collection.<ref>https://docs.google.com/forms/d/e/1FAIpQLSfuoNA6c20z934i9rwoVKYtULX_kmP1cT3yVUK7rbeRnLu24Q/viewform</ref> Many users took this announcement as empty promises<ref>https://x.com/Joe22367619/status/1875655325430509816</ref> and requested previous functionality, such as minting and selling.<ref>https://x.com/Dogstar3c/status/1875741590008033765</ref><ref>https://x.com/s1vh/status/1877675184364114392</ref>

On January 4, Quidd announced they are working with POP Culture, Inc. to preserve user collections.<ref>https://x.com/quidd/status/1875652152590545369</ref> Users would have to manually fill a Google Form with their email and Quidd username to have the ability to save their collection.<ref>https://docs.google.com/forms/d/e/1FAIpQLSfuoNA6c20z934i9rwoVKYtULX_kmP1cT3yVUK7rbeRnLu24Q/viewform</ref> Many users took this announcement as empty promises<ref>https://x.com/Joe22367619/status/1875655325430509816</ref> and requested previous functionality, such as minting and selling.<ref>https://x.com/Dogstar3c/status/1875741590008033765</ref><ref>https://x.com/s1vh/status/1877675184364114392</ref>

===Implications===

Before 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> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity"<ref>https://x.com/quidd/status/1367685868455092225</ref> with users spending hundreds of dollars to complete collectible sets.<ref>https://x.com/donnielemon69/status/1882145343925834149</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref>

File:Quidd app intro 5.PNG|Discusses how users can profit off of selling digital collectibles.

File:Quidd app intro 6.PNG|Discusses how users can use profits to "buy a pizza or even a Porchse".

File:Quidd app intro 7.PNG|Discusses how user collections are securely stored on the cloud and "aren't going anywhere".

File:Quidd app intro 8.PNG|Discusses how users can "own your collectible forever" through the blockchain.

</gallery>

With their announcement on Twitter/X, users compared this behavior from Quidd to a "[https://www.coinbase.com/learn/tips-and-tutorials/what-is-a-rug-pull-and-how-to-avoid-it rug pull]."<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>

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==External links==

*[https://quiddcollecting.fandom.com/wiki/Quidd Unofficial Quidd wiki]

*[https://apps.apple.com/us/app/quidd-digital-collectibles/id1063166978 App Store]

*[https://play.google.com/store/apps/details?id=com.quidd.quidd&hl=en_US Google Play]

[[Category:Marketing companies]]

[[Category:Retail companies]]

@@ Line 40: / Line 40: @@
 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> Users would have to manually fill a Google Form with their email and Quidd username to have the ability to save their collection.<ref>https://docs.google.com/forms/d/e/1FAIpQLSfuoNA6c20z934i9rwoVKYtULX_kmP1cT3yVUK7rbeRnLu24Q/viewform</ref> Many users took this announcement as empty promises<ref>https://x.com/Joe22367619/status/1875655325430509816</ref> and requested previous functionality, such as minting and selling.<ref>https://x.com/Dogstar3c/status/1875741590008033765</ref><ref>https://x.com/s1vh/status/1877675184364114392</ref>
+On January 4, Quidd announced they are working with POP Culture, Inc. to preserve user collections.<ref>https://x.com/quidd/status/1875652152590545369</ref> Users would have to manually fill a Google Form with their email and Quidd username to have the ability to save their collection.<ref>https://docs.google.com/forms/d/e/1FAIpQLSfuoNA6c20z934i9rwoVKYtULX_kmP1cT3yVUK7rbeRnLu24Q/viewform</ref> Many users took this announcement as empty promises<ref>https://x.com/Joe22367619/status/1875655325430509816</ref> and requested previous functionality, such as minting and selling.<ref>https://x.com/Dogstar3c/status/1875741590008033765</ref><ref>https://x.com/s1vh/status/1877675184364114392</ref>
 ===Implications===
 Before 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> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity"<ref>https://x.com/quidd/status/1367685868455092225</ref> with users spending hundreds of dollars to complete collectible sets.<ref>https://x.com/donnielemon69/status/1882145343925834149</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref>
+<gallery>
+File:Quidd app intro 5.PNG|Discusses how users can profit off of selling digital collectibles.
+File:Quidd app intro 6.PNG|Discusses how users can use profits to "buy a pizza or even a Porchse".
+File:Quidd app intro 7.PNG|Discusses how user collections are securely stored on the cloud and "aren't going anywhere".
+File:Quidd app intro 8.PNG|Discusses how users can "own your collectible forever" through the blockchain.
+</gallery>
 With their announcement on Twitter/X, users compared this behavior from Quidd to a "[https://www.coinbase.com/learn/tips-and-tutorials/what-is-a-rug-pull-and-how-to-avoid-it rug pull]."<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>
@@ Line 58: / Line 64: @@
 ==External links==
 *[https://quiddcollecting.fandom.com/wiki/Quidd Unofficial Quidd wiki]
+*[https://apps.apple.com/us/app/quidd-digital-collectibles/id1063166978 App Store]
+*[https://play.google.com/store/apps/details?id=com.quidd.quidd&hl=en_US Google Play]
 [[Category:Marketing companies]]
 [[Category:Retail companies]]