ChainCatcher message, KLM's official X account tweeted "Given the current market conditions, I now identify as a Meme coin."

ChainCatcher news, according to The Block, the liquidity token hedge fund Split Capital announced on Monday that it has submitted a governance proposal to Blur, suggesting that the NFT marketplace adopt a new trading fee structure of 0.5% while eliminating the 0.5% creator royalty.The proposal states: "So far, the market fee for the Blur NFT marketplace protocol is 0%, while enforcing a minimum creator royalty of 0.5%. We propose to eliminate the enforced creator royalty and introduce a 0.5% protocol fee for each transaction."Split Capital also stated: "We also propose the establishment of a fee committee that can change the protocol fee rate to quickly adjust according to market conditions and competitive landscape."

ChainCatcher news, Web3's first feedback mechanism incentive protocol DeAgentAI partners with Bitlayer to launch the AlphaX Royale event. Establishing a user feedback mechanism with deep consensus is an important measure to enhance AI model capabilities. DeAgentAI is committed to leveraging technology and ecological construction to continuously expand market influence, consolidate community consensus, and further optimize the dataset and underlying framework of the feedback mechanism incentive protocol. It is reported that DeAgentAI has also collaborated with projects like oooo and KiloEx to achieve better incentive effects through the establishment of a gas reward pool, free distribution of treasure boxes worth $200,000, and the distribution of 10 million AlphaX points.Research shows that DeAgentAI has achieved significant market success in previous events, with over 1 million participating users and more than 2.5 million on-chain transactions, providing ample data and experience support for DeAgentAI's construction of a decentralized feedback mechanism incentive protocol.

ChainCatcher news, Story Protocol announces a partnership with Holoworld AI to launch royalty-earning virtual characters using artificial intelligence, creativity, and programmable IP. Users will be able to create fully customizable characters, from personality to appearance, and turn them into virtual stars. The programmable IP will support users in registering, owning, and earning royalties.

ChainCatcher news, the NFT project y00ts announced on social media that starting tomorrow, the project will enforce a royalty policy in collaboration with Magic Eden. 100% of the royalties will be used for two things: purchasing y00ts and providing X badges for y00ts creators. Once the Magic Eden ETH marketplace goes live, y00ts will not be tradable on marketplaces that do not enforce royalties.This morning, Yuga Labs announced on social media that the new Magic Eden Ethereum marketplace, in collaboration with Magic Eden, will launch tomorrow. It is said to be the first major marketplace launched in partnership with creators, featuring custom pages for collectors, loyalty rewards, and a contractual obligation to honor creator royalties.Additionally, starting February 27, Yuga Labs will stop supporting marketplaces that do not support all creator royalties, and collectibles with royalty filters will only be traded on marketplaces that respect the agreement and pay royalties to all creators.

ChainCatcher news, Yuga Labs co-founder Gargamel announced on social media: "To celebrate the launch of the Magic Eden Ethereum marketplace, we will reduce royalties for 69 days."It is reported that for all collectibles with enforced royalties, the royalty will be reduced by 2.5%; while for traditional collectibles, the royalty will be reduced by 1%.

ChainCatcher news, the NFT market Rarible has launched an EVM-equivalent blockchain testnet called "RARI Chain," which embeds royalties in its nodes. It is reported that this blockchain is based on Arbitrum, and many partners including Arbitrum, LayerZero, and WalletConnect will actively support the new chain.

According to ChainCatcher news, analyst Tom Wan from 21 Shares reports that Racer, the founder of Friend tech, has earned 278 ETH in royalties. Of this, 271 ETH has been withdrawn, with 92% of the withdrawals completed after September. The most recent withdrawal occurred on October 13, when Racer withdrew 53 ETH, which was then deposited into Coinbase.Currently, the value of Racer's key is 3.192 ETH.

ChainCatcher news, according to an analysis article by The Block, Blur has introduced a 0.5% royalty, which has significantly eroded the revenue of the NFT studio Yuga Labs. Yuga Labs' royalty revenue in the third quarter of this year plummeted from $8.7 million in the first quarter to $2.5 million.The Block Research analyst Brad Kay stated that Blur's 0.5% royalty, combined with attractive airdrops and bidding incentives, has motivated traders, "By reducing trading costs, it has increased traders' profits and siphoned off a significant amount of user activity from higher-fee platforms like OpenSea, where Yuga Labs previously thrived." Kay believes that "this shift has not only led to a sharp contraction in Yuga Labs' royalty revenue but has also resulted in a fundamental reconfiguration of the NFT market."ChainCatcher previously reported that Yuga Labs announced a restructuring last week to focus on core matters.

ChainCatcher news, according to the official blog, Binance has recently played a crucial role in two operations assisting Thai law enforcement.The Cyber Crime Investigation Bureau (CCIB) of Thailand collaborated with Binance and the U.S. Department of Homeland Security (HSI) to dismantle a criminal gang involved in a significant "pig butchering" scam. With intelligence support from Binance and HSI, the CCIB arrested five key members of the gang and seized assets worth approximately 10 billion Thai Baht (about 277 million USD), with over 3,200 victims seeking compensation.In the past three years, Binance has completed and assisted with over 103,000 law enforcement requests, with an average response time of three days, faster than most traditional financial institutions.

ChainCatcher news, the AltLayer Altitude testnet event has announced the start of its fourth phase, running from September 26 to October 27. Users can earn AltLayer loyalty points on Galxe by completing Galxe tasks.The theme of this event is "On-chain Games," featuring puzzle game Ottie 2048, life simulation strategy game Cellula, and battle royale game Loot Royale, all built on AltLayer's newly released Turbo framework for autonomous worlds.Turbo is a modular aggregation stack optimized for autonomous worlds, containing features that help build scalable, low-latency, and seamlessly immersive experiences for its residents.

ChainCatcher news, music NFT platform anotherblock collaborates with co-producer Andreas Schuller (Axident) to release NFTs featuring royalty shares from Justin Bieber's single "Company," with a total of 2000 pieces. According to the official website, the NFT is issued on the Base network, priced at 0.017 ETH, and has now sold out.Although Axident remains the copyright holder of the single, fans who own the track's NFT will be able to share 1% of the royalty shares from the song's streaming.

ChainCatcher news, CryptoPhunks, NFT market Not Larva Labs founder PAULY exposed the identity of the PEPE team members. The PEPE founder is American landscape photographer Zachary Testa, born in 1997, who graduated from Arizona State University in 2018 with a degree in marketing. He has a record of legal violations in several wilderness areas, sacred indigenous territories, and other drone-prohibited zones. PAULY has helped the PEPE team connect with the Binance listing team and members of the Sushi team.Zachary used the income from PEPE to purchase a purple Lamborghini sports car worth $865,000, while his team did not pay any copyright fees to Matt_Furie, the original creator of Pepe the Frog.Earlier today, the PEPE multi-signature wallet changed its threshold from 5/8 to only 2/8, meaning it no longer requires 5 out of 8 wallets to sign transactions but instead only needs 2 out of 8 wallets. Over 16 trillion PEPE (approximately $15.5 million) flowed out of the PEPE multi-signature wallet to addresses associated with Binance, OKX, and Bybit.

ChainCatcher news, according to CoinGecko data, as of August 22, on friend.tech, user Cobie has the highest royalty income, reaching $144,400 (equivalent to 81.94 ETH). Below are the top 25 accounts ranked by royalty income and their trend changes.The founder of the friend.tech platform, 0xRacerAlt, ranks second with a royalty income of $101,700 (58.04 ETH). The third place goes to crypto trader HsakaTrades, with a royalty income of $100,600 (57.06 ETH).In the 12 days since the trial operation began on August 11, other users' royalty incomes ranged from $14,900 to $75,500, equivalent to daily earnings of $1,200 to $6,300, which could annualize to between $453,200 and $2.3 million.It is noteworthy that the combined royalty income of Cobie, 0xRacerAlt, and HsakaTrades accounts for 34.6% of the total for the top 25.Among the top 25 users, 16 accounts were established within the first 3 days of the trial operation. These early adopters leveraged their influence in the crypto Twitter space to quickly gain visibility on the platform.Additionally, 9 accounts joined a week after the trial operation began, with account ages ranging from 0 to 4 days. Among them, 6 are already influential crypto Twitter accounts.Interestingly, some non-crypto Twitter users are also gaining recognition, such as esports figures Faze Banks, 100T Nadeshot, and Faze Rain, who earned $75,500, $27,600, and $19,800 in royalty income shortly after joining the platform, respectively.

ChainCatcher news, according to the official Twitter, the NFT marketplace Rarible announced that it will permanently support royalties, so after September 30, Rarible will stop aggregating orders from OpenSea, LooksRare, and X2Y2.In addition, it stated that the principle of royalties is at the core of decentralization, continuously affirming the value of creators in every transaction.