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NFT Market Faces Decline, Hamster Kombat Announces NFT Integration

October 3, 2024
in NFT
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September NFT Gross sales Attain Lowest Quantity Since 2021

Since January 2021, NFT gross sales haven’t been this low as of September. All gross sales got here to $296 million, down 20% from August and 81% from March, in keeping with information from CryptoSlam. Within the NFT market, which has skilled a discount in gross sales and consumer engagement in current months, this notable drop signifies persistent points.

The amount of transactions skilled a major lower along with the general gross sales quantity drop. From 7.3 million in August to 4.9 million in September, NFT transactions decreased. The imply transaction worth had a marginal rise despite the final downward trajectory. After reaching $50.71 in August, the common transaction worth elevated to $60 in September. This means that though there are fewer transactions, particular person transaction values could also be barely bettering.

NFT Stamps Are Launched By The Indonesian Postal Service

With the introduction of NFT-integrated postage stamps, Pos Indonesia, the largest postal service within the nation, has joined the NFT neighborhood. The state-owned enterprise launched “Cenderawasih,” or the fowl of paradise, on its debut NFT stamps. These stamps characterize a fusion of conventional postage with blockchain innovation.

Supply: Pos Indonesia

The brand new stamps, in keeping with Pos Indonesia, are supposed to enchantment to each typical stamp collectors and NFT lovers. The startup goals to take care of hyperlinks to the historic observe of postal stamp accumulating whereas establishing a brand new marketplace for digital collectors by fusing blockchain know-how with a longtime interest like stamp accumulating.

Hamster Kombat Introduces NFTs as In-Sport Belongings

Hamster Kombat, a preferred Telegram clicker sport, has introduced its plans to combine NFTs. The sport, which is already viral within the Web3 area, shared its roadmap for the tip of 2024 and the upcoming 12 months. November is when the NFT integration is scheduled to happen. The performance of NFTs within the sport has not but been totally disclosed by the creators, though it’s anticipated that they are going to be necessary in-game options.

Hamster Kombat Introduces NFTs as In-Game Assets

Supply: Hamster Fight

The NFT addition might carry renewed curiosity to digital collectibles. Hamster Kombat’s huge consumer base of over 300 million gamers would possibly affect NFT engagement inside the sport. This transfer comes at a time when digital belongings are going through challenges in sustaining excessive consumer exercise, making Hamster Kombat’s NFT integration an necessary growth to observe.

Platforms In The Metaverse May Assist Fight Loneliness

A solution to the rising loneliness epidemic might lie within the metaverse. The chief producer of Decentraland, Bay Backner, was upbeat about decentralized metaverse platforms in a current interview with Cointelegraph. Backner believes that the fervour individuals have for digital worlds might result in significant connections within the on-line area.

Backner emphasised the community-driven nature of Web3 platforms, which might foster stronger bonds than conventional social media platforms. Metaverses resembling Decentraland, with their decentralized construction, facilitate extra significant social contact between customers, permitting them to construct actual connections by way of widespread experiences within the digital world. In immediately’s more and more digitized setting, this affords a promising solution to struggle loneliness.



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Tags: AnnouncesDeclinefacesHamsterIntegrationKombatMarketNFT
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