The Whole NFT Royalty Ecosystem Is a Giant Disaster, but It Was Also Inevitable Given the Market Size
It’s OpenSea vs. everyone else, but who’s right and who’s wrong?
Javier Mascherano Launches NFT Marketplace and Football NFT Collections
Argentine professional football coach and former player Javier Mascherano <a href="https://twitter.com/i/web/status/1599021291775721472">@Mascherano</a> on Twitter: "Great decision to officially become <a href="https://twitter.com/SaaSGoOfficial">@SaaSGoOfficial</a> brand ambassador as we share similar values of bringing global sports community to Web3.
Excited to launch my NFT marketplace and football NFT collections on <a href="https://twitter.com/hashtag/SaaSGo?src=hashtag_click">#SaaSGo</a> platform, which also unlocks Web3 lifestyle in <a href="https://twitter.com/Stepnofficial">@Stepnofficial</a>."
BAYC Struggles to Survive the Mass NFT Decline As Floor Prices Plummet
The non-fungible token (NFT) market has been plunging along with the rest of the cryptocurrency market. Bored Apes Yacht Club (BAYC), the largest NFT collection by market capitalization, has seen its floor price—the minimum price a piece in the collection sells for—fall 20% in the past week.
Will Opera Crypto Browser succeed at renewing an interest in NFTs in 2023
Opera Crypto Browser announced that it will add a drag-and-drop NFT creation tool in early 2023. The launchpad will be developed by cloud-based ecosystems company Alteon and integrated into Opera’s crypto browser. Furthermore, it would provide users with an easy, no-code way to create digital artwork.
Over 460k NFTs Minted On XRP Ledger After Month Of NFT Functionality
NFT adoption on the XRPL is happening rapidly.
Understanding NFT Token Standards on Ethereum: ERC-721 vs ERC-1155
ERC can be compared to technical documents, that define the methods, behaviors, innovation, and research that developers/users have to abide by in order to utilize the Ethereum ecosystem.
Opera Crypto Browser to Enable Instant NFT Minting Through Launchpad
In an announcement sent to Cointelegraph, the firm stated that it has partnered with Alteon LaunchPad to let beginners in Web3 or the NFT space easily mint NFTs. With the integration, users will be able to access a feature that lets them drag and drop media files into the browser, which writes a smart contract and uploads the file into a blockchain, turning the files into NFTs.
Coinbase Pauses Plans for Bored Ape Yacht Club NFT Short Film Trilogy
At the peak of <a href="https://decrypt.co/resources/what-is-bored-ape-yacht-club-the-celebrity-nft-of-choice" target="_blank">Bored Ape Yacht Club</a> hype earlier this year, cryptocurrency exchange Coinbase announced <a href="https://decrypt.co/97509/coinbase-bored-ape-yacht-club-short-films" target="_blank">a trilogy of short films</a> inspired by the <a href="https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain" target="_blank">NFT</a> project during the run-up to the <a href="https://decrypt.co/99561/coinbase-nft-marketplace-150-users-first-day-public" target="_blank">launch of the exchange's NFT marketplace</a>. But after releasing the first entry in July, the company confirmed to <i>Decrypt</i> today that it has paused further production of the series.
Magic Eden Launches NFT Tool To Enforce Creator Royalties
The Solana-based NFT marketplace Magic Eden has <a href="https://twitter.com/MagicEden/status/1598400031999918080?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1598400035112165376%7Ctwgr%5E6717e10540f9948890952e8619898ad99a6dfe6e%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fmagic-eden-follows-opensea-with-nft-royalty-enforcement-tool" target="_blank">announced</a> the Open Creator Protocol (OCP). OCP is an open-source tool that NFT creators on Solana can deploy to ensure that royalties are paid whenever their assets are traded on secondary marketplaces.
OpenSea’s Ethereum Gas Usage Has Declined to Almost Zero
CryptoSlate’s analysis of gas consumption on the Ethereum (<a href="https://cryptoslate.com/coins/ethereum/">ETH</a>) network based on transactions interacting with non-fungible tokens contracts showed that OpenSea’s gas usage has declined to almost zero.
