Guide: How to Retrieve Complete NFT Collection Data Using NFTScan API
The rich filtering conditions of the NFTScan NFT API help developers pinpoint the target NFT Collection.
The Need for NFT Inheritance Laws as Collectors Plan for Passing Down Digital Assets
Throughout history, inheritance has been a complicated and controversial matter, often leading to legal disputes and scandals. In the digital age, intangible assets such as social media accounts, cryptocurrency, and NFTs are also subject to inheritance. NFTs, particularly digital art, are becoming increasingly valuable, and there are already solutions available for their custody and legal support.
Data: NFT transaction volume on Ethereum fell to $407 million in August, a two-year low
On September 1st, according to data from TheBlock, the monthly trading volume of NFTs on Ethereum hit a two-year low in August. The NFT trading volume on Ethereum in August dropped to $407 million, a 32% decrease from the previous month, hitting a new low since June 2021. Among them, X2Y2 fell the most, down 40% month-on-month, while Blur, OpenSea, and LooksRare trading volumes fell by 38%, 18%, and 8%, respectively. According to data from Dune, OpenSea's monthly active users in August fell by 12% to 126,000, hitting a new low since July 2021.
NFT Sales on the Bitcoin Chain Fell Sharply in August, Hitting a New Low Since March
According to the latest data from CryptoSlam, the sales of Bitcoin on-chain NFTs in August decreased significantly by about $11.85 million, an 81.7% drop from July's $64.9 million, hitting a new low since March 2023. In addition, the number of Bitcoin on-chain NFT sales transactions in August was about 53,000, with 14,888 independent buyers and 11,614 independent sellers.
The ETH value of "blue-chip" NFTs has fallen by 30%-60% since the beginning of the year
According to data released by Delphi Digital, the ETH value of NFT "blue chip stocks" has fallen by 30-60% since the beginning of this year.
Farcaster Has Launched V3 Version and Launched on OP Mainnet
August 31st, Dan Romero, co-founder of Farcaster, announced on social media that Farcaster has released version 3 and launched on OP Mainnet.
To commemorate the launch of version 3, Farcaster has released a commemorative NFT on Zora, which users can mint on the Base network.
Starknet community suspends 24-hour limited-time NFT minting activity, may resume issuance within a few days
On August 30th, the Ethereum Layer2 scaling solution, Starknet community announced the suspension of the 24-hour limited-time Starknet Quantum Leap NFT minting event scheduled for this afternoon due to network load issues. The Starknet community stated that the event may be resumed in a few days.
Weekly NFT trading volume drops from $1.8 billion in August 2021 to $73 million
Dune Analytics data shows that the trading volume of all NFTs has been significantly declining, dropping from a weekly trading volume of $1.8 billion in August 2021 to approximately $73 million currently.
The base prices of many projects have also dropped significantly, such as The Merge, which attracted over 30,000 collectors who paid a total of $91.8 million to mint the collection, but the series' base price has dropped from around 25 ETH to the current 1.1 ETH, while the MPL NFT's base price is currently 0.011 ETH (about $19) and the Maya Spirits NFT's current trading base price is 0.015 ETH (about $26).
Michael Ghory: A Powerhouse Addition to YugaLabs
YugaLabs has caused a stir in the NFT and blockchain communities with their recent talent acquisition. Michael Ghory, the new Vice President, has an impressive resume with previous roles at Nike, Adidas, and Coach. He is a skilled brand developer with over a decade of experience in the retail industry. With his broad expertise and multifaceted knowledge, Michael's appointment as Vice President of Apparel and Lifestyle at YugaLabs promises to bring innovative merchandise, unique partnerships, and a refreshed direction for BoredApeYC.
Casio submits 4 trademark applications including NFT and virtual goods
Mike Kondoudis, a registered trademark lawyer with the US Patent and Trademark Office, stated in an article that Casio has submitted trademark applications covering virtual clothing + watches, media supported by NFTs, artificial intelligence robots, and virtual goods stores.
