Author: Nancy, PANews

New NFT surged over 37 times in two days, TG game will be launched soon

On August 31, CryptoKitties shared the new project egg on Twitter. No further details were disclosed at the time, but Roham Gharegozlou, CEO of Dapper Labs, tweeted suggesting that egg and Flow will have some connection.

According to the OpenSea page, egg is an NFT based on Ethereum. The public minting activity was completed on September 1. The total amount is 3134, which is mainly divided into three levels, ordinary (2415), uncommon (616) and rare. (103 pieces), and each Egg NFT has a different description.

Under the appeal of CryptoKitties, a former top NFT player, egg has gained a lot of momentum, including NFT project Doodles Lianchuang Poopie, etc. have also become buyers of egg. OpenSea data shows that as of September 3, the floor price of egg once exceeded 0.3 ETH in less than 2 days, which is more than 37.5 times higher than the casting price (0.008 ETH). The total transaction volume reached 491 ETH, and the holding address The number is 1217. In the list of top transactions in the past 24 hours, egg is firmly at the top.

Soon after, CryptoKitties hinted that egg was related to P2E games and announced that it would launch a Telegram game called "CryptoKitties: All The Zen". Compared with other chain games, Telegram itself has a huge traffic pool, and games running on this type of social platform have the advantages of low entry and low economic threshold, which may pave the way for new CryptoKitties games to better open the market. Currently, the TG game has opened a Telegram channel, and users can join the waiting list through relevant links. The game requires linking wallets Flow Wallet and Coinbase Wallet, but there are still 42 days until the game is officially opened.

NFT has experienced a short-term recovery, but still faces a lack of confidence and regulatory challenges

After enduring a prolonged market downturn, NFTs have shown signs of rebounding recently. According to data from NFT tracking platform CryptoSlam, total NFT sales reached $82.656 million in the past week, slowing down from a more than 41.5% decline in monthly transaction volume. The number of NFT transactions has also grown significantly, increasing by 28.2% and 22.3% respectively.

Among them, the transaction volume of NFT on mainstream chains has also rebounded. CryptoSlam, in the past 24 hours, the sales data of Ethereum, Solana, Polygon and Bitcoin have basically all seen double-digit growth, with Ethereum leading the way with a daily sales growth of 34.9%. In addition, the daily transaction volume of Flow related to the CryptoKitties game also more than doubled, with an increase of 102.8%.

But currently the NFT market still lacks confidence. According to a research data released by CoinGecko in August, about 54% of the research participants believe that NFT cannot recover in this cycle. 29.5% of the research participants firmly believe that NFT cannot recover in this cycle, and 24.7% are still bearish. NFT market. In contrast, builders and bystanders are more optimistic, with 28.9% of builders and 29.1% of market bystanders believing that NFTs will recover in the near future.

Additionally, NFTs are at risk of regulatory accusations. Recently, OpenSea CEO Devin Finzer posted on the But Finzer said the measure would have a severe impact on hundreds of thousands of artists and creators and could stifle innovation. NFTs are essentially creative commodities, and the SEC should not regulate digital art the way it regulates collateralized debt obligations. While firming up its position, OpenSea also pledged $5 million to help NFT creators and developers who received Wells notices pay legal fees and vowed to defend industry interests.

Prior to this, there have been many disputes over whether NFTs are unregistered securities, including Dapper Labs having to spend $4 million to resolve the crisis in the NBA Top Shot NFT lawsuit that was considered to be illegally providing securities, and recently the digital sports entertainment and gaming company DraftKings In a dispute with the National Football League Players Association (NFLPA), the company also changed its stance on NFTs being unregistered securities in order to win the lawsuit.

(The above content is excerpted and reprinted with the authorization of our partner PANews, original text link )

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〈New NFT surged 37 times in two days! CryptoKitties returns with TG games, facing the challenge of market retardation> This article was first published on "Blocker".