NFT Market Update - 2nd November, 2022

Blur.io reached an all time high of 11450 ETH ($18.1M) volume following the Art Gobblers drop. Listing on Blur this month will benefit traders from a second air drop in November.

Elon Musk confirmed creators will be able to monetize content on Twitter. Musk spoke out against what he referred to as the “current lords & peasants system” of the platform, stating it was “absolutely essential, creators need to make a living!”

Find Satoshi Lab, the company behind STEPN, is creating a new multi-chain, subscription-based NFT marketplace called Mooar. The platform uses a membership model of $29.99 a month for unlimited NFT trades which replaces the traditional marketplace fee.

Gamestop’s NFT marketplace is officially live on Immutable X, adding popular web3 titles including Gods Unchained, Illuivium, and Guild of Guardians meaning players will be able to trade assets including cards, land, rare items, and more on the platform.