Optimism Ecological NFT Market Quix Announces Open Source of Code Base

It is reported that Quix, the Optimism ecological NFT market, announced on social media that the code base is open source, involving the front-end and back-end code of NFT trading platform, NFT indexer and Launchpad. Now any developer can deploy and expand it. Quix said in November last year that the monthly infrastructure cost has exceeded the revenue, so it plans to terminate the operation in February 2023 and end the transaction incentive mechanism. Quix will cooperate with Optimism Foundation to ensure a smooth transition, and its team is committed to maintaining the operation until February 28, 2023.

Interpretation of this information:

Quix, an Optimism ecological NFT market, has announced on social media that its code base is now open source. This includes both the front-end and back-end code of the NFT trading platform, NFT indexer, and Launchpad. The move enables any developer to deploy and expand it.

Earlier in November 2021, Quix had stated that the monthly infrastructure cost exceeded revenue, and therefore, it planned to terminate operation in February 2023 and end the transaction incentive mechanism. Quix has decided to work with the Optimism Foundation to ensure a smooth transition, and its team is committed to maintaining the operation until the announced termination date.

The open-source initiative by Quix is a positive move for blockchain technology as it allows developers to access and improve these platforms for the wider user community. Quix is among the latest blockchain companies to make such a move. The move by Quix provides an opportunity for many other developers to work on the platform and gain hands-on experience with NFT trading, which will contribute positively to their growth and development.

Quix appears to be taking the right step, opening its source code and giving developers a chance to work on its platform for improvement. A lack of revenue is always an issue, but opening the code base stands a chance to attract more people to use the platform, which can only result in better prospects. By engaging closely with the Optimism Foundation, Quix can identify ways to save money without compromising on the quality of services to its users.

In summary, Quix’s announcement means that NFT developers can now deploy and expand on its platform, as it has made its code base open source. It also revealed that it would terminate the operation by February 2023 due to a lack of revenue. However, Quix will work with the Optimism Foundation to ensure a smooth transition and maintain operation until the end date.