MakersPlace Shutdown -- How We Did It As I said in my twitter post, it took us almost 10 months to compete the shutdown of MakersPlace due to many complex issues that had to be solved to ensure artwork would be properly preserved. Here's what we did. Because we had provided custodial wallets to users if they didn't have their own, we had tens of thousands of artworks stored in these wallets in MakersPlace. So the first thing we did was to build a mass transfer tool because it would be too tedious to for users to transfer art from these wallets manually and one-at-a-time and we didn't want to put users through this. We also wanted to pay gas fees because we didn't feel it was fair given that it was our decision to shut down. So we built a tool that enabled a user to come to the site, see all the art they owned on a single page (or pages if too many) and push one button to transfer them to a users personal wallet. We paid all gas fees. Behind the scenes we built in...
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Showing posts from January, 2026