Sega's COO Sees Potential for NFTs in Blockchain Gaming
Sega's COO, Shuji Utsumi, expressed optimism about the potential of blockchain gaming and the role of NFTs in shaping the future of video games. This positive outlook is a shift from his previous statement that play-to-earn games were "boring." Utsumi's comments were made in an interview discussing Sega's recent licensing arrangement with blockchain firm Double Jump.Tokyo to create a new trading card game called "Battle of Three Kingdoms." The game will feature NFT cards inspired by Sega's Sangokushi Taisen card game and is aimed at the Asian gaming market.
CryptoPunk#6704 Was Sold at a Price of 400 ETH
October 16th, according to on-chain data, CryptoPunk #6704 was sold on October 14th for 400 ETH (approximately $619,000). This NFT is one of the 88 Zombie Punks.
Huang Licheng Bought 8 Art NFT Winds of Yawanawa in the Past Two Hours
October 16, on-chain information shows that Huang Licheng bought a total of 8 art NFT Winds of Yawanawa in the past two hours, spending a total of 117.77 ETH.
As of the time of writing, the floor price of this NFT is 14.5 ETH, with a 24-hour increase of 70.79%.
y00ts: The Cross-Chain Bridge Migrated to Ethereum Has Been Launched and Will Bear All Gas Fees on the First Day
October 16th, NFT project y00ts announced on its social media platform that the cross-chain bridge for migrating y00ts from Polygon back to Ethereum has gone live. The team will bear all gas fees for the first day and randomly distribute 10 y00ts to cross-chain wallet addresses within 24 hours. After October 22nd, a 33.3% royalty fee will be charged for trading y00ts on Polygon, and users are advised to migrate y00ts within 7 days.
Web3 Executives Claim NFT Price Collapse is a Sign of Maturation, Not Distress
Web3 executives believe that the recent steep decline in the price of nonfungible tokens (NFTs) is a sign of the technology maturing, rather than a cause for concern. While a recent report found that as much as 95% of NFT collections had no value, Decentraland Foundation executive director Yemel Jardi attributed this to speculative trading and emphasized the importance of anchoring NFT value to their utility. Despite recent setbacks, NFTs are expected to remain a valuable tool for the digital landscape, with potential use cases in government, institutions, and the entertainment sector. The NFT market currently has a capitalization of $5 billion, with CryptoPunks and Bored Ape Yacht Club being the two largest collections.
US SEC does not appeal Grayscale Bitcoin Trust case, driving NFT transaction volume to increase by 15%
According to CryptoSlam.io, a blockchain data aggregator, NFT ecosystem trading volume increased by 15% within 24 hours after the US Securities and Exchange Commission did not appeal the Grayscale Bitcoin Trust case, surpassing $9.7 million. It is worth noting that the number of active NFT investors also increased by 5.9%, with Ethereum-based on-chain NFT series sales contributing $5.2 million in trading revenue with a growth of 26.7%. Mythos Chain and Solana blockchain digital collections also showed significant growth, with cumulative transaction volumes of $1.3 million and $1 million, respectively. Mythos Chain NFT trading volume increased by 4.5%, while Solana-based NFTs increased by 23.5%.
NFT fragmentation protocol Flooring Protocol liquidity pool TVL exceeds $6 million
The NFT fractionalization protocol Flooring Protocol's liquidity pool TVL has surpassed $6 million, reaching $6.21 million, including:
· FLC Pools TVL of $4.48 million;
· μPPG Pools TVL of $1.13 million;
· μELEM Pools TVL of $0.6 million.
NFT purchasing solution NFTpay partners with Amex and Discover
NFT purchasing solution NFTpay announced a partnership with Amex and Discover. By integrating with Amex and Discover, NFTpay allows users to purchase NFTs with credit cards without the need for cryptocurrency and start collecting NFTs.
Cool Cats Avatars launches October 19th
NFT project Cool Cats announced on X platform that it will launch Cool Cats Avatars on October 19. It is reported that Cool Cats and Shadow Wolf holders will have the opportunity to participate in obtaining Avatars, which will expand to more ecological derivative projects in the future.
