China Daily Launches NFT and Metaverse Platform with $390K Tender Offer
China Daily, a prominent English-language newspaper controlled by the Chinese Communist Party's Publicity Department, has announced the launch of its own metaverse and NFT platform. The newspaper is offering approximately $390,000 to a third-party contractor that can develop the Zhongbao Shuzang NFT issuance platform within three months.
MoMA Acquires Refik Anadol's "Unsupervised" in Historic First
The Museum of Modern Art (MoMA) has acquired Refik Anadol's "Unsupervised - Machine Hallucinations," marking the museum's first inclusion of a tokenized artwork in its permanent collection. Anadol used artificial intelligence to reinterpret over 200 years of art at MoMA, resulting in a three-part work displayed on a media wall with light, movement, sound, and external climatic elements.
Ethereum NFT Production Hits Record Low in September: Report
Sales of Ethereum-based NFTs dropped to a record low of $17.5 million USD in September, a 12.4% decrease from August, according to data from Forkast Labs. The Polygon blockchain also saw a dip in NFT production to a seven-month low of $4.7 million USD in September.
Magic Eden Launches Tokenized RWA Collection Business
NFT market Magic Eden has officially announced that it will launch a business for tokenizing real-world assets (RWA) collectibles, and has partnered with RWA project Collector based on the Solana blockchain. On October 18th, they will release 100 tokenized digital collectible Pokemon cards, including 2000 Pokemon Gym Challenge first edition Holo Blaine's Charizard #2, 2006 Pokemon Crystal Guardians holographic Charizard #4, and more. It is reported that each card has physical card support, and the digital Pokemon cards will be minted in a non-public manner, but will support secondary market transactions.
Decentraland releases Q3 report: It is expected to support cross-chain NFT purchases in the fourth quarter
According to Jinse Finance, Decentraland has released its Q3 2023 report, which reviews the platform's new features, updates, and community activities. These include hosting the first Decentraland community conference, promoting the ambassador program, hosting the NFTSE hackathon, updating the map, scene classification, and content age rating. In addition, Decentraland has also released a roadmap for Q4, which indicates that it will further improve its existing tools and products. It is expected to release multiple updates in mid-November and early December, including support for social account login (covering Gmail, Twitter, Discord, etc.), support for cross-chain NFT purchases, and the ability to use any token in any EVM-compatible blockchain to purchase land, emojis, domain names, etc. in Decentraland.
Why is the StarkNet Ecosystem So Explosive Recently?
StarkNet is a Layer2 solution that utilizes zkSTARKs to scale Ethereum. It alleviates Ethereum’s network congestion by increasing the throughput and reducing the transaction fee.
Huang Licheng: Currently Holding 141 BAYC
"Brother Maji" Huang Licheng announced on social media that he had purchased a new Bored Ape Yacht Club (BAYC) NFT and confirmed that he currently holds a total of 141 BAYC tokens.
A British Committee Calls on the Government to Develop NFT Copyright Protection Measures and a Code of Conduct
A cultural, media, and sports committee composed of members from different political parties in the UK is calling on the government to establish NFT copyright infringement protection measures and codes of conduct. The organization began investigating NFTs in November, expressing concerns that fan tokens issued by football clubs could cause economic losses to fans and damage the reputation of football clubs. The committee also calls on those promoting NFTs to take responsibility for protecting consumers.
UK Commission calls for NFT copyright infringement safeguards and code of conduct
According to a report released on Wednesday, a British committee made up of members from different political parties hopes that the government will cooperate with the NFT market to address copyright infringement issues and introduce codes of conduct to better protect creators. The organization began investigating NFTs in November.
Caroline Dinenage MP, Chair of the Culture, Media and Sport Committee, stated that artists face the risk of seeing their hard work manipulated and promoted without permission, while fraudulent and misleading advertisements add an extra layer of danger for investors participating in this already risky industry.
More Than 3 Million NFT Projects Have Been Deployed on the Chain, and a Total of 1.213 Billion NFT Assets Have Been Issued
Multi-chain data platform NFTScan data shows that as of October 10th, more than 3 million NFT projects have been deployed on 18 chains including Ethereum, with a total issuance of 1.213 billion NFT assets. Currently, the market value of multi-chain NFT assets is about 17.7 billion US dollars, with 210 million wallet addresses holding or trading NFT assets.
