ChainCatcher news, according to Cointelegraph, Animoca Brands co-founder Yat Siu stated at the Bitcoin MENA event in Abu Dhabi that the NFT market is set for a strong rebound.Regarding the recent shutdown of projects like RTFKT under Nike, Siu believes this is a natural phenomenon in business development and emphasizes that the failure of certain projects does not represent the future of the entire NFT space.Yat Siu added that despite some failures in the field, he believes NFTs will continue to rise as status identity commodities.

ChainCatcher news, according to The Block, cryptocurrency exchange Kraken will shut down its NFT marketplace to free up resources for upcoming projects. After November 27, 2024, users will no longer be able to list, bid, or sell NFTs on Kraken's NFT marketplace and will only be able to withdraw assets. The marketplace will be completely closed on February 27, 2025.

ChainCatcher news, Mechanism Capital partner Andrew Kang posted on social media: "If you believe the market will rise significantly from now on and that there will be overheating, then you must believe that the NFT market will make a comeback as a way for people to show off digitally.Memecoins have indeed siphoned off some speculative energy from the NFT market, but those who still hold NFTs are not in a hurry to sell. There is almost no supply in the market, so it only takes a small wave of enthusiasm to reignite momentum.Azuki is about to launch AnimeCoin, and other top projects may take similar actions, which could serve as catalysts.This is also why I think BLUR is a good choice, with significant upside potential in the future. With most unlocks already completed and the token not having experienced a major increase yet, it currently appears quite attractive as a bet on the overall NFT industry. Since its launch, BLUR has almost absorbed the entire market share of the NFT market."

ChainCatcher news, the Magic Eden Foundation officially announced on social media that the ME token will have its TGE on December 10.

ChainCatcher news, according to official sources, the first customized NFT marketplace jointly launched by OKX and Space Nation has announced its development roadmap, which includes NFT collection aggregation, richer NFT retrieval components, and better compatibility with the OKX Web3 wallet. These new features will be gradually rolled out to the marketplace, allowing players to compare diverse game NFTs and trade them more quickly and conveniently.It is reported that from September 27, 2024, to October 18, 2024, users who successfully purchase eligible NFTs on the OKX marketplace will receive points at a 1:1 ratio based on the dollar value of the purchase price. Winners of the NFT trading competition will receive OIK deposited into their Logisitikos accounts.More event details: https://x.com/SpaceNationOL/status/1839272831949111789

ChainCatcher news, OKX and Space Nation have jointly launched the first customized NFT marketplace, which aims to prioritize in-game assets and their role in enhancing the gaming experience. The OKX x Space Nation marketplace categorizes over 20 collectibles into 9 categories to meet the needs of different player types and their unique play styles in MMO genres, and will be better showcased in the OKX GameSphere and marketplace. Users can now easily find specific collectibles using intuitive categories and collection tags, without having to remember all the collectible names to search for. As gamers progress through the game arc, layered ships, crew, ship components, artifacts, etc., can be offered as upgradeable features in the form of NFTs.It is reported that from September 27 to October 18, successfully purchasing eligible NFTs on the OKX marketplace will earn points at a 1:1 ratio based on the dollar value of the purchase price. Winners of the NFT trading competition will receive OIK deposited into their Logisitikos accounts.

ChainCatcher news, according to official information, the OKX Web3 wallet has jointly launched the Sonic Adventure event with Sonic (SVM), during which, from August 30, 2024, to September 12, 2024, users trading Sonic Cartridge NFTs on the OKX NFT marketplace will receive additional Ring rewards for Sonic (SVM) Odyssey every day.It is reported that the Sonic Cartridge is a limited edition NFT series designed to provide special reward effects for Odyssey. The OKX NFT marketplace is a zero-fee multi-chain aggregation platform that combines creation, collection, and trading functions.

ChainCatcher news, nftevening.com latest report shows that the NFT market is facing a serious crisis, with 96% of NFTs considered "dead," meaning these tokens have almost no trading volume, extremely low sales over 7 days, and virtually no presence on social media.The report analyzed over 5,000 NFTs and 5 million transactions, revealing a high loss rate faced by investors, with more than 43% of holders having incurred losses, and the average return on investment decreasing by 44.5%. The average lifespan of an NFT is only 1.14 years, significantly shorter than traditional crypto asset projects. While other areas of the crypto space have seen growth during the 2024 bull market, the NFT market continues to decline. Nevertheless, the total sales of NFTs still reached $66.128 billion.

ChainCatcher news, according to the official announcement from Upbit, the Persona and Murakami.Flowers collections have been launched on the NFT market.

ChainCatcher message, Aptos ecosystem NFT marketplace Topaz announced that, after careful consideration, it will cease operations on August 21, 2024, Beijing time.Topaz sincerely thanks its users, partners, and the Aptos community for their support. The announcement also emphasizes that any subsequent private messages claiming to be from Topaz or "Topaz Support" are not official actions.