NFT gross sales hit lowest stage since 2021 in September
As of September, NFT gross sales haven’t been this low since January 2021. In keeping with the info, complete gross sales had been $296 million, down 20% from August and 81% from March. Crypto Grand Slam. In an NFT market that has seen gross sales and consumer engagement decline in latest months, this vital decline factors to ongoing points.
Along with the general gross sales decline, transaction quantity additionally decreased considerably. NFT transaction quantity decreased from 7.3 million in August to 4.9 million in September. Regardless of the general downward pattern, common transaction values elevated barely. The common transaction dimension elevated to $60 in September, after reaching $50.71 in August. This means that whereas transaction volumes have decreased, particular person transaction values could have improved barely.
Indonesian Publish Workplace points NFT stamps
With the launch of NFT built-in stamps, Indonesia PublishNFT, the biggest postal service firm in the US, has joined the NFT group. The state-owned firm launched “Cenderawasih” (Fowl of Paradise) on its first NFT stamp. These stamps signify the combination of conventional postage with blockchain innovation.
In keeping with Indonesia Publish, the brand new stamps are designed to draw conventional stamp collectors and NFT lovers. The startup goals to take care of ties to the historic follow of postal philately whereas creating a brand new marketplace for digital collectors by integrating blockchain know-how with established hobbies similar to stamp accumulating.
Hamster Kombat launches NFT as in-game asset
Well-liked Telegram clicker sport Hamster Kombat has introduced plans to combine NFTs. The sport is already taking the Web3 world by storm and has shared a roadmap for the top of 2024 and the approaching 12 months. November is when the NFT integration plan is underway. Though NFTs are anticipated to be an vital characteristic within the sport, the creators haven’t but absolutely disclosed the performance of the NFTs within the sport.
The addition of NFTs could deliver new curiosity in digital collectibles. Hamster Kombat’s massive consumer base of greater than 300 million gamers could have an effect on NFT participation within the sport. The transfer comes at a time when digital property are dealing with challenges in sustaining excessive consumer exercise, making Hamster Kombat’s NFT integration an vital growth to look at.
Platforms in digital universes may assist struggle loneliness
The answer to rising loneliness could lie throughout the metaverse. Bay Backner, the lead producer of Decentraland, expressed optimism concerning the decentralized Metaverse platform in a latest interview with Cointelegraph. Buckner believes that folks’s enthusiasm for digital worlds could result in significant connections in our on-line world.
Backner emphasised the community-driven nature of Web3 platforms, which might foster stronger connections than conventional social media platforms. Metaverses similar to Decentraland, with their decentralized construction, facilitate extra significant social connections between customers, permitting them to construct actual connections by shared experiences within the digital world. In at the moment’s more and more digital setting, this affords a promising solution to fight loneliness.