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)
