15/11/2024 OpenSea users drop securities suit, Whales drive Q3 NFT comeback: Nifty Newsletter

NFT whales on the BNB Chain ecosystem drove an increase in trading volume in the third quarter of 2024.

OpenSea users drop securities suit, Whales drive Q3 NFT comeback: Nifty Newsletter

NFT whales on the BNB Chain ecosystem drove an increase in trading volume in the third quarter of 2024.

In this week’s newsletter, whales have driven a comeback fornon-fungible tokens (NFTs)in the BNB Chain ecosystem, Lamborghini opened minting for its Revuelto NFTs, Infinex plans to integrate with OpenSea and Blur to list the top 500 crypto assets, and in other news, find out why OpenSea users dropped their lawsuit against the NFT marketplace.

NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement
NFTs weekly sales surge 94% as crypto market continues bullish run
As regulatory scrutiny intensifies, crypto exchange Binance jumps on the NFT bandwagon

Whales drive NFT comeback on BNB Chain in Q3: Messari

While the average daily buyers of NFTs on BNB Chain declined, whales continued to buy, sell and trade NFTs on the network. Third-quarter data from blockchain analytics firm Messari showed that NFT volumes increased to a daily average of $600,400.

Daily average sales in Q3 increased to 8,900, marking a 47% quarter-on-quarter increase. Despite this, the chain’s average daily buyers fell to 2,300, a 53% decline compared to the previous quarter, suggesting that whales drove the increase in volume.

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Lamborghini opens Revuelto NFT mint with Animoca Brands, Transak

Luxury vehicle company Automobili Lamborghini opened the mint for its Revuelto NFTs on Nov. 7. The company said that the NFTs will be integrated into Animoca Brands’ games, allowing users to drive Lambos in-game.

Furthermore, the company said it was collaborating with crypto ramp service provider Transact as its “NFT Checkout” partner, allowing various payment methods when minting the NFTs.

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Infinex to list top 500 crypto assets, v2 coming early 2025

Decentralized finance and NFT platform Infinex plans to release an updated version of its platform early in 2025. In a Cointelegraph interview, Infinex founder Kain Warwick said the company plans to implement new architecture to speed up integrations.

The executive said this update would allow the platform to integrate with marketplaces like OpenSea and Blur within two to three weeks, significantly faster than two to three months, its current speed of integrations.

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OpenSea users drop securities suit after marketplace demands arbitration

The two OpenSea users who alleged that the NFT platform sold them unregistered securities dropped their proposed class-action suit after a judge allowed the NFT company to demand arbitration. Florida Federal Court Judge Cecilia Altonaga approved OpenSea to file a motion that would mandate arbitration.

The users’ lawyer, Adam Moskowitz from The Moskowitz Law Firm, told Cointelegraph that their side had no choice but to “dismiss the pending case.”

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Arts

https://cointelegraph.com/news/opensea-users-drop-securities-suit-bnb-chain-whales-drive-q3-nft-comeback-nifty-newsletter

Interesting NFTs
Goat
Hey, who's in charge here? This collaboration between Beeple and Peter France was created using Cinema 4D, Bellus3D for the heads, Octane Render, and Adobe Photoshop.
The Slabs
The Slabs - Prixel Art Animation "She looks tired and gone in thoughts. Her arm must have cost a fortune. Definitely Sisma Corp but I can't make out the exact model." - Simon Corley, 2084, New Harbor - Music by the amazing Brian Woods. Unlockables: - Endless Random Loop App. (PC/MAC) - HD VIDEO (approx. 2 mins) - Animated GIF - Wallpaper & Print Ready PDF Dimensions: Video [1920x1080] App [Adaptive] I will send a Download Link to the buyer after purchase.
#53677
By OthersideDeployer
CryptoKitties
Hey cutie! My name's Kitty #413807. I once peed on Cleopatra's cat. They had it coming. In my free time, I can usually be found fabulous or prank-calling celebrities. Let's get busy!
Smile to Shreds, Neon Gwen
The First KayPikeFashion Mint Ever. Ever feel so joyful and were grinning so hard you felt you could split in half? That punk rebel yell of glee when you pull of a particularly refined stunt? This is the paint of dreams, fangs and neon. Hellish and hard to pull off. I was able to with this work quietly paint a sweet inner tale of childhood influences, rat fink and autobody shops. All while pretending to paint gwenom for the audience. More on that in bonus material. This is my alternate animation made specifically for crypto art collectors. It will only ever exist in this format. You get the Shiny, unused in media verified image. More on that in the bonus material. Mixed Media: Bio/Digital. Glycerin on 5'9" human skin 10-14 hours Performance art. Shot on Canon EOS RP. 16 + hours Photoshop and DaVinci Resolve. All Works are SFW. Art has been Seen on the front page of Reddit, Featured in the New York Times, Galileo.tv, and multiple other promotions including Twitch.tv, Disney Interactive, RIOT games, WB games, AMD and more! More on how this art is unique and potentially explosive in the NFT world: https://youtu.be/CXbNF2Y6srs ------------------------- The purchase of this NFT Grants the buyer unique bonus material. Physical Mail Bonus Package: A verified physical Art Print. Autographed from the artist in 12x16. Please allow a few weeks for delivery. Digital Bonus Package: This image in .mp4. An "About the Art" Video and an "From the Artist" introduction. A README.txt about the artwork with some personal notes and Links relevant to the artwork.