Newsletter
NFT Market Update - 7th November, 2022
Google Cloud announced that the platform has decided to establish itself as a Solana validator with the goal to make the blockchain available to everyone with ease. Following the announcement, SOL jumped by 15%.
Opensea announced a tool for on-chain enforcement of creator fees for new collections starting on Tuesday Nov 8. The rollout includes a system that would let creators of new projects to exclude certain marketplaces that do not require traders to pay royalties.
Binance is offloading $529 million worth of FTX token holdings due to “recent revelations”. Commenting on the matter the CEO tweeted, “we gave support before, but we won’t pretend to make love after divorce. We are not against anyone. But we won’t support people who lobby against other industry players behind their backs. Onwards.”
Beeple is bringing ‘Immersive 3D NFTs’ to Solana via Metaplex and Render Network. Beeple will “debut the future of streaming and immersive 3D NFTs” by inviting users to “create your own unique NFT with a Beeple Everyday,” using a “randomized set of objects and time to create with.”