NFT Market Update 30th December 2022

Blur announced changes to its royalty structure and will airdrop $BLUR to creators of collections that trade on Blur.

UK newspaper, The Guardian, reported the appetite for NFTs is so diminished that a specialized market has sprung up for collectors looking to sell off their once-valuable “digital collectibles” as tax losses to offset their income tax bills.

PROOF announced conference tickets will be available in January as NFTs.

Gemini and its founders Tyler and Cameron Winklevoss are reportedly facing a potential class action lawsuit for failing to register its interest-bearing accounts as securities.

Solana News

Solana’s native token SOL erased most of Thursday’s 15% fall after Ethereum founder Vitalik Buterin tweeted support for the blockchain.

Founder of popular NFT collection, Liberty Square, revealed himself as Brian Schechter - discoverer and manager of band My Chemical Romance.