NFT Market Update 11th January 2023

Gabriel Leydon, founder of Limit Break introduced a new open-sourced royalty structure.

Photographer Justin Aversano, founder of @QuantumNFT, announced the platform is shifting its focus to 100% on photography, and Quantum space LA will close this year.

Edward Snowden and political activist Daniel Ellsberg have collaborated on an NFT, which will be auctioned via a new live-streamed interactive show called PleasrHouse from Web3 collective PleasrDAO.

A new NFT index launched by Upshot GMI grades wallets based on their trading performance and helps lenders to evaluate if they should lend to a wallet.

Solana News

New Solana wallet, Backpack, integrated Magic Eden’s royalty enforcement protocol allowing users to send NFTs previously stuck on the marketplace’s platform.