21Shares: Transaction fees continue to soar due to minting of BTC NFTs
Digital asset management company 21Shares posted on social media that transaction fees for Bitcoin NFTs (known as "Ordinal inscriptions") have been soaring due to their minting. The average transaction fee is currently $5.93, which is an increase of over 500% from its low point in August 2023.
ZenAcademy founder: A lot of NFTs may be sold in the coming weeks
On November 13th, Zeneca, the founder of ZenAcademy and The333 Club, stated that they may sell a large amount of NFTs in the coming weeks. Zeneca explained that they found themselves overinvested in NFTs and wanted to reallocate to a more balanced and wise field. They are not active in many communities and having so many NFTs has led to investment portfolio fatigue and feeling overwhelmed by all the jpegs. This means that they will be shifting about 90% of the cryptocurrency investment portfolio value from NFTs to around 30%, still bullish on NFTs, but 90% was just too crazy.
Bitcoin’s NFT sales surpassed Ethereum in the past 24 hours, ranking first
According to CryptoSlam data, the NFT sales of Bitcoin in the past 24 hours reached 12,267,832 US dollars, an increase of 54.12%, surpassing Ethereum (12,194,480 US dollars) to rank first.
Polygon surpasses Flow to become the fourth largest blockchain in terms of NFT sales
According to the latest data from cryptoslam, Polygon has surpassed Flow to become the fourth largest blockchain in terms of NFT sales. The data shows that the total NFT sales on the current Polygon chain is approximately 1.273 billion US dollars, while the total NFT sales on the Flow chain is 1.26 billion US dollars. In addition, the top three blockchain platforms for NFT sales are currently Ethereum ($41.348 billion), Ronin ($4.252 billion), and Solana ($4.229 billion).
NFT daily trading volume tops $30 million for first time since July 2
According to data monitored by IntoTheBlock, on Thursday last week, the daily trading volume of NFTs exceeded 30 million US dollars for the first time since July 2nd. The prices of many blue-chip NFTs are rapidly recovering.
IntoTheBlock: Cryptopunks NFT series sees trading volume rise to $3 million in past week
IntoTheBlock stated on social media that the trading volume of the Cryptopunks NFT series has significantly increased in the past week, from $200,000 to over $3 million.
Ether Rock 95 sold for 100 ETH, which is about $210,000
On-chain data shows that about 6 hours ago, Ether Rock 95 was sold for 100 ETH, worth $209,990.
Roblox CEO David Baszucki Discusses Potential for NFTs on the Platform
Roblox CEO David Baszucki has discussed the possibility of introducing NFTs to the popular gaming platform, allowing for digital items to move from platform to platform. Baszucki gave the example of a celebrity like Elton John launching limited-edition capes for charity on Roblox, which could then be sold off-platform as an NFT and then return to the platform. While Roblox has already launched a new category of virtual wearable products called Limiteds, which share many characteristics with NFTs, there is no indication that any shift towards interoperable NFTs is currently in the works. Roblox has not yet commented on its NFT plans.
The Sandbox launches Hollywood-themed virtual community
The Sandbox has announced the launch of a new virtual community called "Cinerama", which will feature well-known Hollywood brands such as "The Walking Dead", "Black Mirror", "Peaky Blinders", and "Cheech and Chong". Major production companies such as Skydance (producers of "Mission: Impossible" and "Terminator" films) and Lionsgate are also partners. The Sandbox stated that Cinerama has over 400 virtual plots available for purchase, and the platform has sold 70% of its total 165,000 LAND NFTs.
