Bitcoin NFTs Spike 195%

PLUS: Mint Blockchain accelerates NFT creation and deployment; new NFTs preserve Armenia's ancient heritage.

Author

Leah Alger
October 17, 2024

In partnership with

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This Week's Low-Down:

  • ⭐ Bitcoin NFTs Achieve an Impressive 195% Increase in Daily Sales

  • 🚀 Mint Blockchain Opens New Era for NFT Creators Following a $1.35M Grant

  • 👀 Realm of Historia Explores NFTs to Preserve Armenia's Ancient Heritage

  • Mint Blockchain Awarded $1.35 Million Grant to Propel NFT Development (Bitcolumnist)

  • DeLorean, Christopher Lloyd Reunite for Time Capsule Digital Collectibles (Decrypt)

  • All Eyes on Art: Upcoming Collections to Watch the Week of October 15 (nft now)

  • Nifty Island Reveals New Dev Roadmap with Prize-Based Gaming (NFT Plazas)

  • Hyundai Trades NFTs for Cars in Shocking Reveal (Bitcolumnist)

  • ‘Hamster Kombat’ Telegram Game Overhaul Revealed for Season 2 (Decrypt)

  • Off The Grid Hits #1 on Epic Games Store Free-to-Play List (NFT Insider)

  • Are NFTs Making a Return to Auction Houses? (NFT Plazas)

  • Emi Kusano Challenges AI’s Soul in “Advertising Humanity” Release on LG Art Lab (nft now)

  • Every Blockchain Project Will ‘Have a Telegram Complement,’ Animoca CEO Says (Decrypt)

  • L3E7 To Mint Their Guardians NFT Collection on October 21 (NFT Insider)

Trending Collections on OpenSea:

Bitcoin NFTs Achieve an Impressive 195% Increase in Daily Sales

Bitcoin has reclaimed its position as the leading blockchain in the NFT market, with a significant increase in trading sales volume by 195% in the last 24 hours, totaling $6.6M.

  • Uncategorized Ordinals (a Bitcoin NFT collection) primarily drive the resurgence.

  • These NFTs have witnessed over an 8,000% increase in trading volume, hitting $4.6M.

  • As Bitcoin's NFT sales surged dramatically, Ethereum's dropped by 6.38%.

  • But, nonetheless, the overall NFT market is showing signs of revival across multiple blockchains.

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Mint Blockchain Opens New Era for NFT Creators Following a $1.35M Grant

Following being rewarded 750K $OP (equivalent to $1.35M) from Optimism Governance, the Mint Blockchain has launched the NIPS Platform to accelerate NFT creation and deployment.

  • The NIPs Platform offers a robust set of tools supporting various NFT standards like ERC-721 and ERC-1155.

  • Its features include contract deployment, minting, launchpad services, marketplace integration, and data indexing to lower the barrier to entry for Web3 developers.

  • Specific tools for creating NFTs have been developed, including the Avatar, Inscription, and Tweet Tools.

  • At the core of the platform is the NIP Factory, enabling developers to utilize ready-made templates for NFT projects.

Realm of Historia Explores NFTs to Preserve Armenia's Ancient Heritage

The cultural heritage preservation platform Realm of Historia has launched its first NFT collection (Realm of Historia: Carahunge X) featuring Armenia's ancient Carahunge site.

  • Carahunge—a site of prehistoric stone circles possibly used for astronomical observation—is over 7.5K years old.

  • By leveraging blockchain technology, Realm of Historia aims to enhance transparency and accountability in cultural preservation.

  • NFT holders gain benefits such as partnerships with museums and local tourism businesses.

  • Local artists created the NFTs, which provides them with financial support and global exposure.

  • Realm of Historia plans to expand its digital archive initiative globally, promoting and preserving cultural heritage online.

Today's edition was written by Leah Alger