With more NFT debates this week, Apple’s policy is at the forefront. Meanwhile, in one region, numbers show that NFTs are leading the volume of cryptocurrencies, with one of his Solana-based NFT projects signing a major licensing deal.
These are some of the most notable stories across the NFT landscape over the past week.
Non-Fungible Token News of the Week
Apple claims NFT sales in apps are subject to platform fees, critics disappoint
Young crypto-first platforms looking to use NFTs haven’t been happy with Apple this past week. The global tech company says platforms that want to sell NFTs will have to be held accountable by Apple’s run-of-the-mill fee structure. But companies claim it’s simply not sustainable – as highlighted in the reportdepending on geographic location, these fees may exceed 30% and include other costs.
Epic Games’ CEO also spoke out against Apple’s stance on the NFT platform, describing it as an “outrageously expensive in-app payment service.”
Asian Crypto Adoption Being Accelerated by NFTs, Report Says
Rising adoption of cryptocurrencies in Central Asia, South Asia and Oceania (CSAO) is driven by NFTs, according to a new Chainalysis report. Our team dug deep In this report, the CSAO shows that NFTs are leading the way in adoption, even as other regions around the world drive adoption through major blockchains such as Bitcoin and Ethereum. increase.
Year-over-year from June last year to June 2022, the region accounted for nearly $1 trillion in total cryptocurrency trading volume, with nearly 60% of that in NFTs.
Solana's (SOL) Okay Bears have proven to be the top dog across the blockchain, at least for the time being. That's exhibited most recently by a new licensing deal with IMG that could see bears on consumer products in the future. | Source: SOL-USD on TradingView.com
Solana’s Okay Bears sign with IMG
Solana-based Okay Bears has emerged as a top blockchain project this year. Need proof? Check out the latest headlines about the collection. Okay Bears signs license agreement with IMGThe 10,000 Mint Project regards IMG as a global licensing representative for consumer products and experiences. IMG works with some of the biggest names in IP and resides within the Endeavor conglomerate. The Endeavor Conglomerate has a significant presence across entertainment in nearly all media.
Goblins Go Live on Beta Truth Labs Marketplace
What a long and winding road this year’s Goblintown.wtf collection has been. The project was experiencing unprecedented hype during the mint season just five months ago.However, the project cooled down and today Lowest price just under 1 ETH – After the average daily price hit an all-time high north of 7ETH in early June.
But that hasn’t slowed down Goblin too much, as Goblin Town creator Truth Labs launched the “Truth Labs Marketplace” last week. We only charge a flat 5% fee on transactions (compared to OpenSea’s 2.5% + Flexible Creator Loyalty).
Universal Studios Launches Halloween NFT Scavenger Hunt
Next month, attendees at Universal Studios in California and Florida will have the opportunity to take home an NFT. Through October 31st, the park will be offering a Halloween-themed scavenger hunt where you can mint up to 7 million of his NFTs. A total of 7 of her QR codes hyperlink visitors to her unique NFTs. This service is a partnership between Universal and MoonPay.two Join in June Clearly, you’re processing new relationships quickly.
The NFT will reportedly offer additional perks (at least for those who collect all seven QR codes), but it seems that these perks are still unclear. Yet another feature is the growing number of case studies of fan and user engagement with brands and assets. NFTs have been described as “proof of attendance protocols” tokens that could take over traditional means of measuring attendance at events and engagements.
Featured image from Pexels, Charts from TradingView.com
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