NFT series Buterin Cards, with Vitalik Buterin as the theme, caused a brief surge in Gwei and became the largest gas consumer. According to data from the Ethereum blockchain browser Etherscan, as of 4:00 am Beijing time, Buterin Cards had consumed 13.1% of the total gas units within three hours, higher than the Uniswap common router address and Tether's public address. In the past 24 hours, the transaction fee of this series has reached 318.31 ETH, worth 665,670 US dollars.

Odaily Star Planet Daily News Chain Game Gabby World Official announced on X platform that the last 33 Masterpiece series NFTs will be released on December 7.

Data released by Nansen shows that the NFT-500 index, which measures the valuation of the top 500 NFTs in terms of Ethereum, has dropped by 50% since the beginning of the year. The index has also decreased by 16% when measured in USD.

According to CryptoSlam data, the total sales of NFTs on the Solana blockchain have exceeded $4.29 billion, surpassing Ronin (approximately $4.25 billion) to become the second largest blockchain in terms of NFT sales, second only to Ethereum, with the current total NFT sales on the Ethereum blockchain reaching approximately $41.72 billion.

Cross-chain NFT platform Magic Eden announced the direct integration of its marketplace into Honeyland, a mobile-first blockchain strategy game that combines traditional web2 game basics with a seamless web3 onboarding experience. The collaboration aims to simplify the adoption of web3 games. Honeyland becomes the first project to enable players to use the Honeyland native currency HXD to purchase, sell, and trade in-game digital assets in NFT form, allowing players to own and host their own digital assets. Additionally, the new marketplace will facilitate player-to-player transactions, promote ecosystem development, and enhance overall gaming experience.

JPMorgan stated in a research report on Thursday that in recent months, as the expected approval of the US-listed bitcoin exchange-traded fund (ETF) improved the sentiment of the cryptocurrency market, decentralized finance (DeFi) and non-fungible token (NFT) activities have shown signs of recovery. The report stated that this growth occurred after a slowdown in the past two years, "therefore, people are optimistic that the worst period for DeFi/NFT activities may have passed in terms of the mid-term trajectory." The report also stated that the Ethereum blockchain does not seem to have benefited from the recent recovery of DeFi and NFT activities and faces issues related to "network scalability, slow transaction speed, and high fees," as well as competition from other layer-one chains.

RARI Foundation announced the launch of RARI Chain, specifically designed for NFT creators, ensuring they permanently receive royalties in every project. RARI Chain is an EVM-compatible chain built on Arbitrum and has opened its public testnet today. The chain is committed to providing a low-cost, high-performance, and developer-friendly environment for Web3 creators and developers, and enforces royalty policies at the node level.

According to NFTScan data, as of the end of November 2023, the cumulative issuance of on-chain NFT assets has exceeded 1.4 billion, which is 1,400,243,709. In addition, the current NFT market value is about $15.8 billion.

Token launch platform NAI has recently opened a test address collection on its official X platform (@nai_labs). It is reported that Nai Protocol is an NFTfi protocol that aims to bind the minting rights of NFTs with the corresponding project token release rights, allowing users to trade the unlocking rights of project tokens through NFTs in the early stage.

Louis Vuitton has launched a limited-edition virtual and physical mini trunk for its NFT owners, designed by artistic director Nicolas Ghesquière. The "Via Tile Trunk" is available exclusively to the 200 owners of the "Treasure Trunk" NFT who are willing to pay €6,000 on the official LV website. The trunk features LV's famous checkerboard pattern and won't be available for collection until March 2024. This is the first time Ghesquière has played a key role in one of LV's Web3 projects, as the fashion giant continues to integrate technology with designer wear.

Pudgy Penguins, a successful NFT collection, has launched an exclusive "influencer box" of toys and collectibles available only through Walmart.com for Cyber Monday. The Pudgy Penguins White Celebrity Box includes a 12-inch plush toy, an action figure, a smaller clip-on plush, an igloo toy, and a certificate that lets buyers claim a free NFT for the Pudgy World gaming platform. Walmart will sell the bundle for $25, half off the list price, which may reflect the combined price of the included items. Pudgy Penguins is one of the only NFT projects that has grown substantially in USD value since the NFT market collapsed in May 2022.

On November 27th, Magic Eden, an NFT marketplace, announced the launch of a plugin wallet designed specifically for Magic Eden users and cross-chain collectors. The beta version is now online and is only open to a small group of early testers. Users can apply to join the test at a designated link.

Venture capitalist Jason Calacanis posted on X platform stating, "If I were the President of the United States, my first action would be to build 10 new cities in the United States, each with 1 million housing units. These fully planned cities will have excellent affordability, walkability, sustainability, and special amenities, bringing joy to children, the elderly, and the working class. If Saudi Crown Prince MBS can do this in Saudi Arabia, we can do it in the United States. We just need determination."

On November 27th, Japanese gaming developer of Final Fantasy, Square Enix, is set to launch an NFT auction for the game "Symbiogenesis". Symbiogenesis is built on the Ethereum and Polygon blockchain networks. The auction will be conducted in three stages, starting from November 27th to November 28th for the first stage, November 30th to December 1st for the second stage, and December 2nd to December 3rd for the third stage. In preparation for the release, the publisher launched whitelist access earlier this month, allowing users to participate in the auction by completing various tasks and challenges on the game's Discord chat server.

LooksRare, a Non-Fungible Token (NFT) marketplace, has announced the end of its 24-month token emissions cycle and is transitioning to a new contract with a new emissions pool. The platform's growth, resilience, and adaptation in the NFT space over the past two years have led to this evolution towards a new operational framework. Users who have LOOKS earning WETH or in the Compounder can migrate their LOOKS to the new contract to continue earning rewards, with migration opening on November 27th, 2024. This move demonstrates LooksRare's commitment to upgrading and improving its services to remain relevant and competitive in the NFT market.

According to Blur market data on November 26th, the blue chip NFT series floor prices have shown varying degrees of recovery, including:<br>BAYC floor price of 30.43 ETH, a 7-day increase of 4.97%;<br>Azuki floor price of 6.39 ETH, a 7-day increase of 10.49%;<br>PudgyPenguins floor price of 6.2 ETH, a 7-day decrease of 6.86%;<br>MAYC floor price of 5.80 ETH, a 7-day increase of 4.6%;<br>DeGods floor price of 3.68 ETH, a 7-day increase of 18.51%.

Unlike some people who say "NFT is dead", I think NFT will certainly exist in the future. Originating from the field of art, it represents an innovation that gives digital life to content IP. It is a widely applicable tool based on Infrastructure and is u

Axie Infinity, the popular NFT monster-battling game, is releasing official merchandise and allowing select NFT owners to create and sell their own products. Holders of 4,877 Axie NFTs will be able to create and monetize their own merch and businesses using their Mystic and Origin NFTs. The Axie team suggested that owners could start Axie-themed cafes, comics, restaurants, or toy collections thanks to the lifted restrictions. The move towards freer use of its IP echoes previous NFT collections, such as Bored Ape Yacht Club and CryptoPunks, which have similarly offered owners commercial use rights for select NFTs that they own.

LooksRare officially announced on X platform that the destruction of LOOKS tokens has begun. Previously, on October 2nd, LooksRare repurchased LOOKS worth 10 ETH, with a total repurchase amount of 62.5 ETH. The repurchase funds came from YOLO, LooksRare Raffles, and Community Raffles revenue.

Matr1x, a Singaporean NFT gaming company, has secured an additional $10 million in funding, bringing its total capital value to $20 million. The funding round was led by Folius Ventures and SevenX, with participation from ABCDE Capital, Jambo, Initiate Capital, and the creators of the move-to-earn NFT game Stepn. Matr1x's flagship product is a first-person shooter mobile game called Matr1x Fire, which is still in development, and the company has also released two NFT projects with plans for a third collection. With this new funding, Matr1x is poised for a breakthrough in the gaming and NFT industries.