Top NFT News Today – 15 January, 2024
Non-fungible token (NFT) global sales have seen a lot of green over the past month. The day’s picture has turned red, though.
Per CryptoSlam, at the time of writing, sales volume is up 8% over 30 days, while the number of buyers and sellers went up 46% and 40%, respectively.
In 24 hours, however, sales are down 23%. Both buyers and sellers dropped 9%.
This is not surprising. Crypto and NFT markets are known to be volatile. Their performance is better measured in the long term.
That said, the NFT news are on the rise. Today, we have CEO Devin Finzer discussing OpenSea 2.0, Nike announcing a new line of in-game wearables, and Universal Page dropping free 3D digital collectibles.
Read more below.
Devin Finzer, chief executive officer of NFT marketplace OpenSea, told Bloomberg that the company is working on a platform upgrade – OpenSea 2.0.
Although more cases are developing, NFT platforms display all tokens in the same category.
Per Finzer,
“We really want to have a marketplace interface that can be better customized to suit each type of use case.”
He added that OpenSea is working on displaying ticket NFTs on a calendar and sorting them by date. The upgrade will make it easier for users to access its pro trading platform and toggle between “a collector view and a more advanced view.”
Furthermore, OpenSea has improved its detection of fake NFT collections and harmful URLs, he said.
Bloomberg noted that NFT global sales dropped 63% to $8.7 billion last year. But Finzer argued that “trading volumes can be a little bit misleading at times.” Some marketplaces use native tokens as rewards to incentivize activity.
“One of the things we’ve been most excited about is not necessarily how do you drive the most volume, but rather, how do you
Read more on cryptonews.com
