🤔 Solana NFT Marketplace Scrap Fees

GM and welcome to the NFT Minter Daily - The daily no-bullshit newsletter with everything you need to know about NFTs, from the latest news and market recaps, in less than 5 minutes! ☕

24hr Market Overview 📈

NFT Market Recap

Over the past 24hrs, Opensea saw relatively normal trading volume. There was around $8 million in sales. NFT trading volume has declined in recent weeks, with October so far seeing around $8m - $10m each day and $175m in total, with no major movement either way.

Latest NFT News 📰

🤔Solana’s top NFT marketplace, Magic Eden, is the latest platform to switch to an optional no-fee model, following in the controversial trend set by X2Y2 and others, polarising the Solana community.

🙈 Blockchain detective ZachXBT’s efforts lead to prosecution of alleged Bored Ape NFT scammers. Five people connected to the phishing scam involving the Bored Ape Yacht Club (BAYC) collection were indicted in Paris on Wednesday.

🚨 The United States Securities and Exchange Commission (SEC) has reportedly launched an investigation into Bored Ape creators, Yuga Labs. The SEC is allegedly deciding whether Yuga Labs have been issuing securities.

🚢 Opensea CFO, Brian Roberts announced he was stepping down. This was confirmed in a LinkedIn post from October 7, 2022, where he stated that despite his leaving, he would remain on as an advisor to the company.

🖼 Ukranian museum, The Kharkiv Art Museum has launched a new NFT collection on the Binance NFT marketplace to help raise funds for operations and the preservation of cultural heritage.

Meme of the Day 🤣

That's all from us! Happy Minting!

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Disclaimer: The NFT Minter Daily DOES NOT provide financial advice. All content within this newsletter is for informational and entertainment purposes only. The NFT Minter Daily is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.