ChainCatcher news, according to Cointelegraph, Rekt Brands Inc. (Rekt) is the parent company of the Rektguy NFT project Rekt Drinks and Rekt brand intellectual property, which has announced the completion of a $1.5 million seed funding round. The funding was entirely provided by angel investors and the community (with no venture capital firms involved).It is reported that Rekt Brands Inc. is the parent company of the Rektguy NFT project Rekt Drinks and Rekt brand intellectual property. The brand originates from the Rektguy NFT series by artist Ovie Faruq (OSF) and has now expanded into consumer goods and community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products, and global community.

ChainCatcher news, according to The Block, the NFT project Flyfish Club has agreed to pay $750,000 as part of its settlement with the U.S. Securities and Exchange Commission (SEC).The SEC stated in a court filing on Monday that Flyfish "issued crypto asset securities without registration." The project earned $14.8 million by selling 1,600 NFTs to U.S. investors. Flyfish also informed investors that they could profit by reselling these NFTs in the secondary market.

ChainCatcher News: A U.S. court dismissed the allegations that basketball superstar Shaquille O'Neal was the "controller" of the NFT project Astrals. The court ruled that Shaquille O'Neal participated in the Solana NFT project Astrals as a "seller" rather than a "controller," and granted Shaquille's request, dismissing some of the allegations against him in the unregistered securities class action that began in May 2023.The court dismissed the claims that the legendary basketball player was the "controller" of Astrals, with the plaintiffs alleging that O'Neal exercised "actual power or control" over the project. However, U.S. District Judge Federico Moreno ruled that O'Neal was a successful "seller" who attracted buyers for Astrals products. The judge also denied the defendants' motion to dismiss the allegations that Astrals NFTs and Galaxy tokens are financial securities.Astrals is a Solana-based NFT project featuring 10,000 unique 3D avatars, aimed at promoting investment in a virtual world and decentralized autonomous organization (DAO) called Astralverse. The project also has its own cryptocurrency, Galaxy, which serves as the governance token for the DAO.

ChainCatcher news, Blur and Blast co-founder Pacman recently tweeted to announce a new incentive policy for the Blast ecosystem. The main changes include:New "Cultural" category: Meme coins and NFT projects will directly receive gold incentives.Asset incentives: Projects can now allocate gold to native assets (subject to Blast Foundation review).Pacman stated that these changes are the first step in supporting Blast assets, and adjustments will be made in the future based on the implementation results.He also mentioned that it is unfortunate that the Pacmoon project decided to migrate before this policy was introduced, but he respects their decision. The incentives originally planned for Pacmoon will be distributed to previous holders based on snapshots taken two weeks before and after the TGE.Previous news, the Blast community token PacMoon announced its migration from Blast to Solana, and will receive an airdrop on Solana based on the PAC burned.

ChainCatcher news, according to data from Magic Eden, possibly influenced by the news of "Solana Blinks ecosystem meme project SEND releasing token economics," the floor price of the NFT project SEND IT has dropped to 0.252 SOL, a 24-hour decline of 38.94%.

ChainCatcher news, according to Defiant, PEPE's market capitalization is $6.2 billion, while the cumulative value of the top 30 NFT projects is slightly over $4 billion.According to the Dune dashboard, the number of users actively trading NFTs has also been on a significant decline. The total number of weekly traders across all NFT platforms plummeted from 201,000 in June 2022 to 24,300 today, but PEPE has surged tenfold over the past year.

ChainCatcher news, AI company Rabbit denied the allegations made by YouTube investigator Coffeezilla, stating that it has always been open about rebranding and shifting towards an AI business.Rabbit stated that the Gama NFT project is independent of itself, and the Gama project has ended after being open-sourced.In addition, Rabbit's founder Jesse Lyu is an experienced entrepreneur who has been involved in multiple projects, including Gama. The company also responded to Coffeezilla's criticisms of the Rabbit R1 product.

ChainCatcher news, according to official sources, the NFT project Coolman initiated by artist Coolman coffeedan is about to launch the Solana ecosystem Meme coin COOL, and NFT holders will have the opportunity to receive airdrops.

ChainCatcher news, incubator CaesarEon announced on X that it is committed to investing 10 million dollars in the Bitcoin NFT project INK. This will help enhance its unique brand, expand its IP domain, and strengthen market influence, while supporting INK holders to develop their own businesses and build personal brands through the INK platform.

ChainCatcher news, according to the latest video released by the NFT project INK, the minting fee for its Genesis series is set at 0.0058 BTC. It is reported that the total supply of the INK Genesis collection is 10,000 pieces.

ChainCatcher news, the NFT project Imaginary Ones announced that it has completed a new round of financing, with participation from Cypher Capital Group, Animoca Brands, MH Ventures, Illuminati Capital, Andromeda Capital, and others.Imaginary Ones stated that it will use this round of financing to accelerate its efforts to become a leading WEB3 entertainment group, focusing on games, content, and merchandise.

ChainCatcher news, according to CryptoSlate, the NFT project OnChainMonkey (OCM) announced the launch of the KARMA token, which is designed to reward OnChainMonkey NFT holders. The total supply is 1 billion tokens. 70% (700 million tokens) are designated for strategic airdrops to the OCM, TRAC, and PIPE communities, with 560 million allocated to OnChainMonkey NFT holders. Each Celestial NFT will receive 1 million tokens, Dimensions 300 NFT will receive 135,000 tokens, Genesis NFT holders will receive 40,950 tokens, and Karma 1 and Karma 2 holders will each receive 4,500 tokens.It is worth noting that only assets migrated from Ethereum to Bitcoin are eligible for the airdrop. The tokens will be reserved for Karma holders until they migrate, and Genesis holders are strongly encouraged to migrate before January 24. Additionally, 112 million KARMA tokens will be allocated to TRAC token holders, and PIPE token holders will receive 28 million KARMA.

ChainCatcher news, according to Magic Eden market data, the floor price of the NFT project Bitcoin Frogs on the Bitcoin blockchain has dropped below 0.3 BTC, currently at 0.29 BTC as of the time of publication. It is reported that Bitcoin Frogs are NFTs minted directly on the Bitcoin blockchain, with a total supply of 10,000 pieces.

ChainCatcher news, Animoca Brands' NFT series Mocaverse has announced the completion of a $11.88 million Series B funding round, with participation from Block1, OKX Ventures, Foresight Ventures, Polygon Ventures, Dapper Labs, and others.As of now, the total funding for Mocaverse has reached $31.88 million, and the new funds will be used to drive Mocaverse in establishing digital identity and points systems for Web3 gaming, culture, and entertainment.

ChainCatcher message, multi-chain data platform NFTScan data shows that as of October 10, 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 approximately 17.7 billion USD, with 210 million wallet addresses holding or having traded NFT assets.