Nansen: The current total market value of NFT is US$5.6 billion
According to blockchain analysis platform Nansen, the total market value of NFTs (limited to ETH) was 2,635,087 ETH (worth $4.7 billion in ETH price) last week. Today, the total market value of NFTs is 2,973,212 ETH (worth $5.6 billion at current prices). However, the NFT market needs to increase by 535 times to reach the peak NFT market value of $30 trillion in November 2021. One important factor in the decline of the NFT market peak is the decrease in ETH price.
NFT floor prices in the chain gaming sector have generally risen, and BlockGames Dice has seen a weekly increase of over 240%
According to Blur market information on November 7th, the NFT floor prices in the blockchain gaming sector have generally increased. Among them,
BlockGames Dice has a current floor price of 0.32 ETH, with a weekly increase of over 244%;
SERAPH Priority Pass Official has a current floor price of 0.79 ETH, with a weekly increase of 71.74%;
Pixels NFT floor price is currently at 0.39 ETH, with a weekly increase of 59.18%;
Parallel Avatars has a current floor price of 0.28 ETH, with a weekly increase of 53.72%.
Yuga Labs and Magic Eden to Launch Ethereum Marketplace With Enforced Royalties
Yuga Labs, a major player in the Web3 industry known for projects like Bored Ape Yacht Club and CryptoPunks, has announced a collaboration with NFT platform Magic Eden to launch the first major Ethereum marketplace with a contractual obligation to uphold creator royalties. The marketplace is set to launch before the end of the year. Yuga Labs and Magic Eden have made it clear that respecting creator royalties is non-negotiable and will only collaborate with platforms that share this principle. The partnership aims to create a more just and rewarding environment for content creators in the Web3 space.
A variety of NFTs are being distributed for free on Amazon Prime Gaming, the gaming service provided by Amazon
Amazon Prime Gaming is currently offering a variety of NFTs for free.<br>The number of NFT games under Amazon Prime Gaming continues to increase, and recently the PvP card game "Brawlers" on WAX and the auto-battler game "Mojo Melee" on Polygon announced their collaboration with Amazon Prime Gaming.<br>Previously reported in March, Amazon's own NFT marketplace "Amazon Digital Marketplace" may soon be released, but currently NFT-related services are available through "Prime Gaming".
'The Simpsons' Halloween special teases NFTs and cryptocurrencies
On Sunday evening that the latest episode of The Simpsons made special references to NFTs and blockchain. In the Halloween special episode of the iconic animated series, "Treehouse of Horror 34", the show repeatedly mentioned the overvaluation of NFTs on the blockchain in the first chapter titled "Wild Barts Can't Be Tokens". In this episode, Marge fights on the blockchain to rescue Bart, who has now become an NFT, and the city mayor announces that the Springfield Art Museum will be digitized. The episode also features many blue-chip NFTs (such as Beeple, Bored Ape Yacht Club) and second-tier PFPs, which are proven to be almost worthless. Noah Bolanowski, a consultant at the IRL NFT gallery Crypt Gallery, analyzed how the show depicted NFTs on the X platform, saying, "I like the emphasis on art in this episode, where PFPs are portrayed as lowly people and art is placed in a noble position." This episode heavily references last year's NFT crash, and this is not the first time that cryptocurrency (or NFTs) has appeared on The Simpsons.
Com2uS Platform announces partnership with AllVoice to launch audio web comic NFT
Com2uS Platform, a subsidiary of Com2uS Holdings, has announced a business agreement with Seoul media comic AllVoice to launch audio network comics NFT.
The number of profitable addresses in the Ethereum NFT market in the past 30 days is 38,515
According to NFTGo data, the number of buyer addresses in the Ethereum NFT market in the past 24 hours was 4,956, and the number of seller addresses was 5,326. In the past 30 days, the number of profitable addresses was 38,515, and the number of loss-making addresses was 512,764. In addition, the current Ethereum NFT market sentiment index is 26, with a level of "Cold". Note: The NFT market sentiment index is calculated based on volatility, trading volume, social media, and Google trends.
NFT market rebounds 18% to $106 million
According to cryptoslam data, from October 29 to November 5, 2023, the sales volume of the NFT market increased by 18.30% compared to the previous week, reaching $106.32 million, and the trading activity increased. The number of buyers and sellers rose by 17.77% and 15.82%, respectively.
Leading the way, the Ethereum-based NFT sales this week totaled $60.91 million, an increase of 8.55%. Bitcoin NFTs ranked second, with sales reaching $13.17 million this week, an increase of 154.75% compared to the previous week, setting a long-term growth record for Bitcoin-based NFTs.
The number of buyer addresses in the Ethereum NFT market in the past 24 hours was 5,566
According to NFTGo data, the number of buyer addresses in the Ethereum NFT market in the past 24 hours was 5,566, and the number of seller addresses was 6,578. In the past 30 days, the number of profitable addresses was 38,501, and the number of losing addresses was 512,193.
In addition, the current sentiment index of the Ethereum NFT market is 26, with a rating of "Cold". Note: The NFT market sentiment index is calculated based on volatility, trading volume, social media, and Google trends.
LENS holders receive "lens Handles" NFT, and the community speculates that it may be an "airdrop certificate" in the future
According to multiple LENS holders, they have received "lens Handles" NFTs, either to commemorate the launch of Lens Protocol V2 or as a future "airdrop voucher." According to OpenSea data, the floor price for lens Handles NFTs is 119.5 MATIC.
NFT trading volume reached US$405 million in October, an increase of 32% from September
According to a report by cryptocurrency data company DappRadar, the long-term downward trend of NFT trading volume has been broken, with an increase from $306 million in September to $405 million in October, a 32% increase. The company claims that this is a sales level that has not been seen since August.
The report states that NFT sales based on Solana increased significantly in October, with a 15% increase from $24 million to $27.6 million. NFT trading volume on Ethereum increased by 50%, maintaining its "leading position".
NFT giant whale dingaling has received a total of more than 288 million MEME, worth approximately US$5.47 million.
On November 3rd, according to screenshots posted by NFT whale dingaling on X platform, a total of 288,381,949.47 MEME tokens were obtained. Among them, 60 million tokens came from FireSale, 100 million tokens came from private placement, and over 128.8 million tokens came from airdrops. About 41.88 million unlocked MEME tokens have been calculated at a price of 0.019 USD on CEX, with a total value of approximately 5.47 million USD, and the value of the unlocked portion is approximately 800,000 USD.
Previously, Memeland announced that the MEME tokens from the airdrop and FireSale were open for collection at 15:30 Beijing time on November 3rd.
Treehouse announces acquisition of NFT analytics platform Origins
On November 3rd, Singapore-based Web3 data company Treehouse has acquired NFT analytics platform Origins to expand its range of NFT products. Origins Analytics uses on-chain and off-chain data to provide data analysis related to NFTs. As part of the acquisition, the Origins founding team, which raised $4 million last year, will join Treehouse and provide services including an NFT wallet notification system with algorithmic tagging, NFT analysis robots, and NFT wallet analysis APIs.
Ethereum NFT Trading Card of NBA Rookie Victor Wembanyama Sells for Record-Breaking $110,000
Sorare NBA, an officially licensed fantasy basketball game, sold a single-edition "Unique" digital trading card of NBA rookie star Victor Wembanyama for over $110,000, setting a record for the most expensive Wembanyama collectible to date. The NFT trading card is based on Wembanyama's performance in the game and offers proven ownership and real utility. Sorare has generated over $713 million worth of NFT sales to date and last raised a $680 million Series B funding round in 2021, valuing the company at $4.3 billion.
OpenSea Pro is launched on Polygon
OpenSea Pro has announced the launch on Polygon, allowing users to set blockchain chain preferences in custom mode, switch between various chains, or browse collections on two chains simultaneously.
RaribleX: NFT Marketplace for Web2 Brands and Web3 Developers
Rarible has launched RaribleX, a turnkey NFT marketplace designed for web2 brands and web3 developers looking to enhance their digital communities. RaribleX simplifies the NFT journey for creators, developers, and their audiences, and offers features such as seamless NFT drops, deep liquidity across chains, monetization options, and a tailored brand experience. <br>
President of China Academy of Art Economics: NFT mechanism can be used to cast digital assets during the development of new forms of digital economy
Ximu, the dean of the China Academy of Art and Economics, professor, and doctoral supervisor, stated that in the development of new forms of digital economy, digital technology itself does not create credit, but it can use the NFT (non-fungible token) mechanism to create digital assets. Digital credit is not the application of digital technology or the use of digital technology to depict technology itself. In other words, it is not a method itself, but based on digital infrastructure, it relies on comprehensive digital technology to achieve real-time, transparent, multi-dimensional presentation and management of the entire transaction process, and ultimately ensures the authenticity and high quality of the construction, circulation, and trading of digital assets, thereby establishing trust in the process.
Musk: NFT isn’t even on the blockchain, it’s just a URL pointing to a JPEG
BlockBeats News, on November 1st, Musk stated on the latest episode of the Joe Rogan podcast that "NFTs aren't even on the blockchain, it's just a URL that points to a JPEG."
NFT sales on the Ethereum chain in October were approximately US$169 million, a month-on-month increase of approximately 17.7%
According to cryptoslam data, the sales of NFTs on the Ethereum blockchain in October reached $169,080,145.56, an increase of about 17.7% compared to the previous month. There were 728,241 transactions during the month, with 103,253 independent buyers and 87,190 independent sellers.
NFT minting volume on XRP Ledger chain exceeds 3 million
According to data from Bithomp, a blockchain data analysis platform, the number of NFTs minted on the XRP Ledger has exceeded 3 million. As of now, there are 3,340,903 NFTs minted using the XLS-20 standard, with over 30,000 NFT holders on the XRP Ledger platform and nearly 6,000 issuers. The number of NFT transfers has exceeded 1.4 million. Earlier reports stated that in October 2022, XRP Ledger will adopt the XLS-20 NFT standard and be included in the core protocol. (U.today)
