September NFT Gross sales Attain Lowest Quantity Since 2021
Since January 2021, NFT gross sales haven’t been this low as of September. All gross sales got here to $296 million, down 20% from August and 81% from March, based on information from CryptoSlam. Within the NFT market, which has skilled a discount in gross sales and consumer engagement in current months, this notable drop signifies persistent points.
The amount of transactions skilled a major lower along with the general gross sales quantity drop. From 7.3 million in August to 4.9 million in September, NFT transactions decreased. The imply transaction worth had a marginal rise despite the final downward trajectory. After reaching $50.71 in August, the common transaction worth elevated to $60 in September. This means that though there are fewer transactions, particular person transaction values could also be barely bettering.
NFT Stamps Are Launched By The Indonesian Postal Service
With the introduction of NFT-integrated postage stamps, Pos Indonesia, the largest postal service within the nation, has joined the NFT group. The state-owned enterprise launched “Cenderawasih,” or the fowl of paradise, on its debut NFT stamps. These stamps characterize a fusion of conventional postage with blockchain innovation.
The brand new stamps, based on Pos Indonesia, are supposed to attraction to each typical stamp collectors and NFT fanatics. The startup goals to take care of hyperlinks to the historic follow of postal stamp accumulating whereas establishing a brand new marketplace for digital collectors by fusing blockchain know-how with a longtime passion like stamp accumulating.
Hamster Kombat Introduces NFTs as In-Recreation Belongings
Hamster Kombat, a well-liked Telegram clicker sport, has introduced its plans to combine NFTs. The sport, which is already viral within the Web3 house, shared its roadmap for the tip of 2024 and the upcoming yr. November is when the NFT integration is scheduled to happen. The performance of NFTs within the sport has not but been absolutely disclosed by the creators, though it’s anticipated that they are going to be necessary in-game options.
The NFT addition may deliver renewed curiosity to digital collectibles. Hamster Kombat’s large consumer base of over 300 million gamers may affect NFT engagement throughout the sport. This transfer comes at a time when digital property are dealing with challenges in sustaining excessive consumer exercise, making Hamster Kombat’s NFT integration an necessary improvement to look at.
Platforms In The Metaverse May Assist Fight Loneliness
A solution to the rising loneliness epidemic could lie within the metaverse. The chief producer of Decentraland, Bay Backner, was upbeat about decentralized metaverse platforms in a current interview with Cointelegraph. Backner believes that the fervour individuals have for digital worlds may result in significant connections within the on-line house.
Backner emphasised the community-driven nature of Web3 platforms, which may foster stronger bonds than conventional social media platforms. Metaverses corresponding to Decentraland, with their decentralized construction, facilitate extra significant social contact between customers, permitting them to construct actual connections via widespread experiences within the digital world. In at the moment’s more and more digitized setting, this gives a promising approach to struggle loneliness.