NFT Market Update - 28th October, 2022

Telegram announced that will it hold an auction for usernames — for both individual accounts and channels. Most likely, Web3 features will be added and four-character handles will have a minimum bid starting at $18,400.

Twitter is testing ‘NFT Tweet Tiles’, a feature which allows users to see a a picture of the NFT alongside its details like title, creator, and a link to the marketplace.

Christie’s is auctioning Fewocious, Year 6, Age 19 - Growing Pains, in their Post-War & Contemporary art day sale. Bidding starts in 21 days and the current estimate is at USD 200,000 – USD 300,000.

Sorare, sponsor of the Nifty Morning Show, is reportedly in talks with the English Premier League to discuss a proposed $30M multi-year contract.If successful, the contract would replace an agreement with ConsenSys(company behind MetaMask) that was on the verge of being signed earlier this year.

Zero royalty debate sees more action from leading marketplaces, as LooksRare gets rid of creator royalties and instead shares 25% of its protocol fees with creators/collection owners.