Mintable CEO Zach Burks: UK risks regulating NFTs the wrong way
Mintable CEO Zach Burks said that the UK government may regulate NFT in a way that does not comply with the essence of emerging technology. On October 11th this year, the UK Culture, Media and Sports Committee released a report urging the government to take action to protect artists and content creators from copyright infringement caused by NFT. However, Burks said that infringement is an inherent problem of the Internet, not NFT, and NFT is moving away from speculation, while the committee (report) greatly exaggerated the role of NFT in copyright infringement.
NFT cross-chain protocol Envelop launches “NFT 2.0 aggregator”
NFT cross-chain protocol Envelop has officially announced the launch of the "NFT 2.0 Aggregator". NFT 2.0 involves programmable asset market elements in GameFi, TradeFi, DeFi 2.0, SocialFi and other fields. Envelop hopes to aggregate different types of NFTs into a pool, such as dNFT (dynamic NFT), xNFT (executable NFT), wNFT (packaged NFT), fracNFT (fragmented NFT), SBT (soul-bound token), cNFT (community NFT), etc. Users can subscribe, access content, transfer without bridging, share multiple copyright fees, create their own derivative products or index products, etc.
Germany’s postal service will issue limited edition NFT stamps
According to Cointelegraph, Deutsche Post, the German postal service company, will issue its first limited edition collectible stamp on November 2. The classic self-adhesive stamp will come with a digital image, which represents the ownership of the stamp as an NFT. The first stamp in the series features a pixelated image of Brandenburg generated by artificial intelligence, and other stamps will also include images of other German landmarks.
Germany’s postal service will issue limited edition NFT stamps
Deutsche Post, the German postal service company, will issue its first limited edition collectible stamp on November 2, 2023. The classic self-adhesive stamp will come with a digital image, or NFT, representing ownership of the stamp. The first stamp will feature a pixelated image of Brandenburg generated by artificial intelligence (AI), and other stamps will also feature iconic German landmarks.
Community user feedback ESG Panda NFT, an NFT project jointly issued by ESG and HKD.com, has been Rug
Hong Kong digital asset exchange HKD.com issued a statement earlier this month clarifying that it has no joint issuance relationship with ESG Panda NFT project, has never established an investment relationship with it, and has never participated in its issuance and operation.
OpenSea will list Grammy Award-winning artist’s new NFT series Monster Party
OpenSea announced that it will launch a new NFT series called Monster Party by Grammy-winning album artist Dave Van Patten, with 4,444 non-generative image sets featuring over 100 characters and over 60 hand-drawn backgrounds that are scanned and digitally colored, then modified by Dave Van Patten. The collection will be available for purchase starting at 6:00AM on Saturday Beijing time. All Monster Party collectors will have the opportunity to exchange for physical prints and will be eligible for exclusive custom picture CD vinyl records.
Yuga Labs Wins Two Major Lawsuits, Collects Over $1.5 Million in Damages and Control of RR/BAYC Smart Contract
Ryder Ripps and Pauly have been ordered by the court to pay over $1.5 million in damages to Yuga Labs and transfer control of the RR/BAYC smart contract to them, marking a significant legal victory for Yuga Labs in the NFT world.
NFT lending protocol Arcade.xyz announces launch of AracdeDAO and governance token ARCD
NFT lending protocol Arcade.xyz has announced the launch of its decentralized autonomous organization, ArcadeDAO, and governance token, ARCD.
Magic Eden will release a second batch of tokenized RWA collections of 250 Pokémon cards on October 27
The NFT market Magic Eden announced that it will release the second batch of 250 tokenized RWA collections of Pokémon cards on October 27, all of which are 100% supported by physical cards and can be redeemed. The minting price is 5.5 SOL, which includes four top Pokémon cards, such as the 2016 #296 Luigi Pikachu BGS 9.5 Pokemon XY and the 1997 Pokemon Japanese Fossil Halo Gengar #94 PSA 10 Gem Mint. Earlier this month, Magic Eden partnered with the RWA project Collector based on the Solana blockchain to launch tokenized real-world asset (RWA) collection services.
Astar Network partners with Rarible to mint first NFT on its zkEVM testnet
Astar Network, a Polkadot-based smart contract platform, announced a partnership with Rarible to mint the first NFT "Midnight in Tokyo" on its zkEVM testnet.
Rarible will adopt a new sliding fee structure, with the option to eliminate platform fees entirely
NFT market Rarible announced that starting at 9:00 am Eastern Time on October 27th, Rarible.com will adopt a new decreasing fee structure to replace the current fixed commission, and can choose to completely waive platform fees.
The new fee structure is based on the US dollar price of the NFT being traded at the time of sale, as follows: above $4,000: 0.5% for each party (buyer and seller); $2,000-$4,000: 1% for each party; $400-$2,000: 2.5% for each party; $100-$400: 5% for each party; $0-$100: 7.5% for each party.
SBI Holding becomes the official NFT issuer of Expo 2025 Osaka and will launch the commemorative NFT series "Myakuun"
Ripple Vice President Emi Yoshikawa announced on social media that SBI Holdings has been selected as the official NFT issuer for the 2025 Osaka World Expo and will issue a commemorative NFT series called "Myakuun" on the XRP Ledger blockchain. It is reported that the NFT project will be jointly responsible by two subsidiaries of SBI Holdings, SBI VC Trade and SBI NFT, both of which are Asian digital economy giants. It is expected to be launched in May 2024, one year before the opening of the Osaka World Expo. According to XPMarket data, more than 3,300 NFT collections have been built on the XRP Ledger chain, and the total number of NFT issuances on the chain has exceeded 2 million.
Sudoswap Launches Sudoshort, Allowing Users to Short NFT and Increase Profits
NFT trading protocol sudoswap announced the launch of sudoshort, a protocol aimed at increasing LP yield of liquidity pools, allowing users to short NFTs, and reducing reliance on oracles. Sudoshort is an optional protocol built on top of the sudo liquidity pool.
Metaverse Platform HYTOPIA Completed US$3 Million in Financing, Led by Delphi Ventures
October 24th, the metaverse platform HYTOPIA (formerly NFT Worlds) announced the completion of a $3 million financing round, led by Delphi Ventures, with participation from several VCs and angel investors.
It is reported that HYTOPIA integrates social functions and provides developers with a game creation toolkit inspired by Minecraft, with flexible monetization options.
NFT platform Async Art will end operations in the coming months
Golden Finance reported that NFT platform Async Art announced on X platform that it will end operations in the coming months. All Async NFTs will be saved on IPFS and will continue to exist on the chain. By the end of 2023, Async.Market will no longer support purchases, and Async.art will no longer accept new artwork submissions starting today.
PeckShield: Fake_Phishing187019 on Blur stole 5 NFTs
According to PeckShield's monitoring, Fake_Phishing187019 on Blur has stolen 5 NFTs, including 3 Dooplicators.
September Is the Worst Month for NFT Sales Since January 2021
Binance researchers have stated that September was the most severe month of NFT sales decline since January 2021. The bottom prices of major series such as Azuki, Bored Ape Yacht Club, and Mutant Ape Yacht Club have dropped by more than 25% compared to the previous month.
Binance Research: Activity on L1 Generally Declined Across the Board in Q3
Binance Research Institute has released its Q3 cryptocurrency report. The report indicates that Q3 was a challenging quarter, with a total cryptocurrency market value decrease of 8.6% compared to the previous quarter. Despite this, institutions continued to receive attention.
Layer1 and Layer2: Activities on L1 generally decreased across the board. There are signs of a revival in Ethereum L2 as trading activities are driven by the launch of Base;
As of October 12, 2023, the number of DeFi users alone has more than doubled the number of NFT and Layer 2 expansion users.
According to a recent report by Nansen, the number of daily active addresses on Ethereum has significantly increased, surpassing 300,000. Among these active addresses, DeFi entities continue to dominate. As of October 12, 2023, the number of DeFi users alone is more than twice that of NFT and Layer2 scaling users, solidifying the industry's core position in on-chain activities. NFT users once surpassed DeFi users in 2022, but then sharply declined from early 2023. In fact, the daily number of users in this field has plummeted by more than 50% since the beginning of the year. This is in stark contrast to Layer1/scaling users, whose numbers increased significantly in March, coinciding with the public mainnet release of zkSync and the airdrop of Arbitrum, and then fell back to previous levels in May. <br>
Jay Chou's "Fantasy Music Universe" has released 1 million NFTs
Jay Chou's record label, JVR Music, and the Bohe App jointly launched the "Fantasy Music Universe" and have already released 1 million NFTs since its launch a month ago. The "Fantasy Music Universe" is built on the Tron blockchain and developed based on the ERC-6551 protocol. The NFTs can be used for coupons or other forms of small prizes.
