Metaverse Platform SecondLive Now Supports Bitget Wallet Integration
SecondLive, an Web3 Metaverse marketing hub, has expanded its connectivity options to include Bitget (formerly BitKeep) Wallet. Users can now directly connect to the offical SecondLive website using their Bitget Wallet browser extension and app. Doing so will allow users to switch between multiple networks supported on the SecondLive platform, trade NFT assets, and participate in various metaverse activities. Additionally, Bitget Wallet's NFT marketplace now lists the SecondLive NFT collection.
The Block Analyst: The Blur Royalty Mechanism Has Caused a Sharp Decline in Yuga Labs’ Royalty Income
According to The Block's analysis, Blur's introduction of a 0.5% royalty has greatly eroded the revenue of NFT studio Yuga Labs. Yuga Labs' royalty revenue for the third quarter of this year plummeted from $8.7 million in the first quarter to $2.5 million.
Arbitrum Week 2 Odyssey Events Resume on October 16th
Arbitrum announced that the second week of the Odyssey event will resume on October 16th. The interactive tasks for this round will take place on the NFT market TofuNFT and perpetual order book DEX Aboard Exchange. If users have already completed the tasks for the second week, they do not need to perform them again after the restart on October 16th.
Yuga Labs metaverse project Otherside introduces NFT project Meebits
Yuga Labs metaverse project Otherside has announced on social media that it has introduced the NFT project Meebits. The holders of this NFT series can now use their own Meebit avatars specially created for Otherside for the first time. In addition, Otherside has launched a new "island" Metropolis to expand the gaming experience. Meanwhile, 40 Meebits and Voyager game testers located in Berlin experienced new conceptual art from the Otherside team.
China Daily to Launch Its Own NFT Platform and Metaverse
China Daily, an English-language newspaper owned by the Chinese Communist Party's Publicity Department, is offering a 2.813 million Yuan ($390,000) reward to a third-party contractor who can design its own metaverse and nonfungible tokens (NFTs) platform. The contractor can be a Chinese or foreign firm specializing in blockchain, and the mainnet of the blockchain firm that wins the contract must be capable of handling upwards of 10,000 transactions per second. The aim of the China Daily NFT Platform is to "improve the spread of the influence of the Chinese Civilization" through the use of various technologies such as metaverse, virtual reality, augmented reality, mixed reality, and blockchain. The platform must allow uploading, displaying, and managing digital collections and support multimedia forms and multiple collection types. In addition to its own platform, China Daily will select domestic and overseas mainstream NFT platforms suitable for issuing digital collections.
Avant Arte and Yuga Labs Collaborate to Create Limited-Edition Tangible Prints of CryptoPunks
Avant Arte and Yuga Labs have collaborated to create two limited-edition tangible prints of CryptoPunks, called '10,000 On Chain' and 'Punk On-Chain'. The prints will be available for just 48 hours from October 26 for €600 each. The 10,000 On Chain artwork showcases all 10,000 Punks in one 60cm x 60cm UV pigment print, while Punk On-Chain is an exclusive opportunity for CryptoPunks holders only. Yuga Labs has previously gifted CryptoPunks to contemporary art museums, and this collaboration with Avant Arte further celebrates the physical stance of CryptoPunks in contemporary culture.
NFT sales fell for the seventh consecutive week, down 11.65% month-on-month
According to cryptoslam, the NFT sales volume has continued to decline for the seventh consecutive week. Last week's total NFT transaction volume was $66.11 million, a decrease of 11.65% compared to the previous week.
The number of NFT buyers increased by 17.77% last week, while the number of sellers increased by 15.82%. Data from cryptoslam shows that NFT sales on the Ethereum platform accounted for the largest share, reaching $38.1 million last week.
OpenSea V1 API will be closed on December 5th
OpenSea API has stated on social media that it has been narrowing the functional differences between V1 and V2 APIs over the past three months. Today, seven new endpoints have been made available to the public. On December 5th, OpenSea V1 API will be shut down.
Starbucks to Release Pumpkin Spice Latte NFT Collectibles on Web3 Platform
Starbucks is celebrating the 20th anniversary of its Pumpkin Spice Latte by releasing a series of NFT collectibles via its Web3 rewards and loyalty platform, Starbucks Odyssey. The digital stamps will be sold in four varieties and each will be available for $20 apiece. Only Odyssey members can purchase the NFTs, which will grant them 250 points apiece. The sale will last from October 5 to October 9, and the artwork for purchased NFTs will be revealed on October 10.
OpenSea Launches "No-Code Hub" to Simplify NFT Creation and Drop Process Amid Deteriorated Market
OpenSea, the world's former top NFT marketplace, is launching a "no-code hub" to simplify the NFT creation and drop process for artists. The hub will allow creators to mint tokens without any third-party assistance or experience working with blockchain. OpenSea's new studio will replace "lazy minting" and allow users to choose from most of the blockchains compatible with the marketplace.
