Welcome to the weekly summary of the hottest Non-Fungible Token (NFT) ecosystem events brought to you by NFTScan, the NFT infrastructure.
Period: 2024.10.07~ 2024.10.13
NFT Hot News
01/ Data: Most crypto market indicators declined in September, with on-chain total trading volume down 13%
On October 7, according to a post by @lars0x, the research director of The Block, BTC miner revenue fell 4.2% to $815.3 million in September, while ETH staker revenue fell 4% to $209.4 million. A total of 26,874 ETH, equivalent to $68.2 million, was burned in August. Since the implementation of EIP-1559 in early August 2021, a total of 4.39 million ETH, equivalent to $12.4 billion, has been burned. The monthly NFT market trading volume on Ethereum fell 22% to $96.1 million.
02/ imKey hardware wallet RWA NFT has been listed and sold on RareShop
On October 8, according to official news, RareShop has collaborated with imKey, the hardware wallet brand under imToken, to issue the imKey hardware wallet full package RWA NFT based on the ERC7765 asset protocol standard on the Mint network, priced at $139, and it is now on sale. Buyers of the imKey RWA NFT can freely make physical delivery and gift giving, and will also be eligible for airdrop rewards in the Mint ecosystem in the future. RareShop is a consumer-oriented RWA NFT commodity sales platform, providing businesses and consumers with a new shopping scenario and interaction mode, including crypto payment, privacy protection, pre-sale of goods, gift giving, physical delivery, and other functions, providing enterprises and brands with a one-stop Web3 digital transformation technology solution and marketing solution.
03/ Infinex integrates Wormhole to achieve cross-chain functionality and raises $65.3 million by selling NFTs
On October 8, the DeFi platform Infinex announced that it has chosen Wormhole as its primary multi-chain infrastructure provider, and Infinex users can now use Wormhole Connect to access cross-chain token transfers within the application, and improve the security and recovery mechanism of on-demand cross-chain data retrieval through Wormhole. According to The Block, Infinex recently raised $65.3 million by selling 41,252 "Patron NFTs", with buyers including retail investors, Solana Ventures, Breyer Capital, and Solana founder Anatoly Yakovenko, Aave founder Stani Kulechov, and others. Patron NFTs are divided into three tiers, priced at $1,250, $3,000, and $5,000 respectively. The lower-priced options require a longer time to unlock trading, while the highest-tier options can be traded immediately.
04/ Metaplex Foundation launches Metaplex Aura network to expand Solana and SVM
On October 9, according to The Block, crypto game developer Gunzilla Games has launched the early access version of "Off the Grid" on PlayStation 5 and the Epic Game Store. "Off the Grid" is a free-to-play battle royale game that plans to provide players with the ability to trade in-game assets (also serving as Non-Fungible Tokens).
05/ Web3 media Rug Radio acquires NFT media platform Lucky Trader
On October 9, Web3 media Rug Radio announced on X the acquisition of NFT media platform Lucky Trader, with the specific acquisition amount and valuation information not yet disclosed. Rug Radio had previously signed a merger letter of intent with blockchain media Decrypt to establish a new holding company.
06/ ZetaChain officially launches Instant Rewards mode
On October 10, the universal blockchain ZetaChain announced the official launch of the Instant Rewards mode, allowing users to receive real rewards immediately after interacting with the universal blockchain. It is reported that unlike the traditional airdrop or points reward system, the Instant Rewards-related functions are built on the basis of ZetaChain's previously launched dynamic reward plan "Fuel", and users need to mint their XP status Non-Fungible Tokens (NFTs) to obtain rewards. ZetaChain said that in just three weeks, more than 150,000 users have minted XP NFTs, unlocking benefits similar to Instant Rewards.
07/ CARV opens the first season airdrop claim
On October 10, the modular data layer CARV has opened the first season airdrop claim, distributing 40 million CARV tokens. Users can choose to directly claim the tokens or re-stake them at three times the annual yield, while also receiving a special second season airdrop Non-Fungible Token (NFT) reward.
08/ NFT artist DeeKay: Wallet hacked, all funds lost
On October 11, NFT artist DeeKay tweeted that they had experienced a wallet theft incident, losing all their funds. "All the savings of my life, and everything I've earned as a Web3 artist, are gone. This happened on a 14-hour flight from Korea to New York, coincidentally during which I had no internet access. I don't know how it happened, but I guess the seed phrase was compromised. I had synced a photo of my handwritten (non-digital) seed phrase to Google Drive, hidden in a random folder, but there were no suspicious login activities. It could also be a physical document leak, but I'm not sure. Strangely, only my funds were stolen, and all my Non-Fungible Tokens (NFTs) are intact. I have started transferring my NFTs to a new secure wallet. I have nothing left now, and this may be the biggest challenge of my life. What I'm most worried about is that all my family members are financially dependent on me, so I need to recover as soon as possible to continue supporting them."
09/ OKX and Space Nation announce the development roadmap for their custom NFT marketplace
On October 12, according to official news, OKX and Space Nation have jointly launched the first custom Non-Fungible Token (NFT) marketplace and announced its development roadmap, including NFT collection aggregation, more rich NFT search components, and better OKX Web3 wallet compatibility. These new features will be gradually launched on the marketplace, allowing players to compare and trade game NFTs with diverse attributes more quickly and conveniently.
10/ Solana chain ranked first in NFT trading revenue in the past 24 hours
On October 12, Solana surpassed all other blockchains in NFT trading revenue over the past 24 hours, accounting for 32% of the market share with $21,300 in revenue. Ethereum followed closely with $18,900 (28%) in revenue, while Bitcoin ranked third with $18,300 (27%). Other blockchains like Polygon, Base, and Zora accounted for 8%, 4%, and 0% of the market share respectively.
NFT on-chain data
01\ Overview of multi-chain NFT data
As of October 14, 2024, NFTScan currently supports 25 mainstream blockchain networks: Bitcoin, Ethereum, BNB Chain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, with the following data:
Number of NFT contracts: 4,835,041
Number of NFT assets: 2,193,454,038
Number of on-chain NFT records: 7,238,905,508
Total market value of NFTs: $21,885,531,605
Total historical NFT trading volume: $106,654,726,660
02\NFT trading market trends
This week: OpenSea dominates the market, with overall trading volume reaching its peak on October 9, with OpenSea market reaching a high of $6.124 million at 0:00. NFTScan has recorded 233 trading markets with a 7-day total trading volume of $79 million. This week, OpenSea ranked first in trading volume, with a relatively stable market distribution. The top six trading markets and their respective market shares are:
OpenSea: $36,840,820 (46.09%)
Blur: $15,688,804 (19.85%)
Element: $5,565,429 (6.97%)
MagicEden: $5,132,493 (6.49%)
Tensor: $3,466,813 (4.39%)
CoralCube: $2,238,754 (2.83%)
03\Top Non-Fungible Token (NFT) Blue Chip Trends
The current total market value of 19 blue-chip NFT contracts is 678,239 ETH, accounting for 7.32% of the total NFT market value.
This week: The total trading volume of blue-chip NFTs was 4.24k ETH, and the total market trading volume was 13.59k ETH, reaching a high of around 1059 ETH as of 00:00 on October 12.
04\Top 10 Wallets
NFTScan analyzed the wallet addresses of the top 1000 NFT holders by holding value, and the top 10 are shown in the figure below:
Top1 Wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 Non-Fungible Tokens (including 3 NFT Collections), with current assets of 64,785 ETH ($163,786,197.75) and 7,459 interactions.
05\NFT Project Ranking
The top 10 most popular and highest-trading Non-Fungible Token (NFT) projects on the Ethereum network are shown in the figure below:
This week, Crypto Punks ranked second, with the floor price remaining stable at around 28.84e last week, and a 7-day trading volume of 846e; Azuki ranked third with a trading volume of 717e, and the current floor price is 5.99e; BoredApeYachtClub ranked fourth with a trading volume of 600e, and the current floor price is 11.93e; Most blue-chip NFTs have shown a downward trend in overall market trading volume and floor price.
06\Hot Non-Fungible Token (NFT) Express
The hot NFT this week is the BAYC series:
Data shows that the current floor price is stable at 10.09 ETH, the highest transaction price is 1080.69 ETH, and the total trading volume on Ethereum has exceeded 1.9M ETH. Over the past 7 days, the trading distribution is mainly X2Y2:601 (54.48%); Blur:441.63 (40.03%); OpenSea:60.56 (5.49%) in ETH, with a total of 60 trading transactions.
