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.

ChainCatcher news, according to NFT Plazas, the NFT marketplace KnownOrigin, acquired by eBay in June 2022, has announced that it will shut down its on-chain marketplace and minting features. In February of this year, eBay laid off 30% of KnownOrigin's staff, raising concerns about the platform's future. The recent announcement has confirmed these concerns, with the company stating that it has decided to cease operations due to changes in the NFT market.The company acknowledged that the industry landscape is changing, with secondary markets like OpenSea and MagicEden gaining significant prominence. Although the marketplace will close, KnownOrigin has assured users that existing NFTs will retain full functionality and tradability. KnownOrigin stated, "All KnownOrigin NFTs are minted on the Ethereum blockchain. This means ownership is provable, and these tokens can be publicly traded on secondary markets (such as OpenSea and MagicEden)."

ChainCatcher news, CryptoSlam data shows that in the past 7 days, the NFT trading volume on the Ethereum chain exceeded $31.67 million, ranking first among all blockchains; the NFT trading volume on the Solana chain reached $23.234 million, ranking second; the NFT trading volume on the Bitcoin chain was approximately $20.315 million, with a month-on-month growth of 33.04%.

ChainCatcher news, Yat Siu, co-founder and executive chairman of Animoca Brands, stated in a recent interview that thanks to Telegram and TON, he believes that in the next 12 to 18 months, we will see over 100 million users join Web3, as distribution channels like Telegram are launching games.The current monthly transaction volume for NFTs is about $500 million, and typically after the summer, when market activity rebounds, more trading volume and activity can be seen; the NFT market also exhibits seasonality.In addition, Animoca Brands currently has over 500 investments, with a focus on gaming, education, and distribution. In the gaming sector, there are about 160 intended investments, while over 70 investment deals have been completed in the education sector.

According to ChainCatcher news, the latest report from Binance Research shows that the crypto market experienced a significant downward trend in June 2024, with an overall decline of up to 11.4%.Affected by the market downturn, the overall TVL (Total Value Locked) of DeFi decreased by 8.7% in June. The NFT market also remained sluggish, with total sales in June amounting to $46 million, a decrease of 26.2% compared to May. The monthly sales of the Mythos in-game item trading platform DMarket reached a high of $18.9 million, followed by CryptoPunks with sales of $16.1 million. The sales of top Ordinal series like Bitcoin Puppets and NodeMonkes saw significant declines of 40.6% and 41.0%, respectively. The monthly sales of Bored Ape Yacht Club slightly decreased, while Pudgy Penguins outperformed the market, rising by 68.9%.

ChainCatcher news, Astar Network officially announced on social media that the NFT market Sonova has officially launched, which is tailored for collectors and professional traders.

ChainCatcher message, according to data from Cryptoslam, the monthly trading volume of the NFT market saw a significant decline in the second quarter compared to the first quarter of 2024, with a 45% decrease in sales volume quarter-over-quarter.In the first quarter of 2024, the total sales of the NFT market exceeded $4.1 billion, while in the second quarter of 2024, the quarterly trading volume of NFTs was approximately $2.28 billion, the lowest level since the third quarter of 2023.In the first quarter, there were about 2.23 million independent sellers and 3.31 million independent buyers. In the second quarter, the number of independent sellers and buyers was 1.78 million and 3.3 million, respectively, slightly lower than in the first quarter.

According to ChainCatcher news and TokenPost reports, South Korea is set to implement a virtual asset user protection law, introducing a new strict regulatory framework for the digital asset market to enhance market transparency and security. The law specifically focuses on the regulation of NFTs, requiring companies that issue NFTs considered virtual assets to comply with stringent assessment and reporting standards.The Financial Services Commission has released detailed guidelines that clarify the classification criteria for NFTs as virtual assets, including parameters such as issuance scale, divisibility, and trading utility. Operators must ensure that their business activities comply with regulatory requirements to avoid criminal penalties. The new regulations will take effect on July 19, marking the beginning of South Korea's era of regulation for digital assets like NFTs.