ENS domains surpass BAYC’s trading volume: Nifty Newsletter, Aug 31–Sept 6
In this week’s nonfungible token (NFT) newsletter, read about OpenSea and its commitment to the Ethereum Merge. Check out a project that aims to introduce Web3 to the opera scene and how ENS domains surpassed Bored Apes in terms of trading volume. In other news, learn about how the NFT giveaway of Rug Pull Finder was exploited. And, don’t forget about this week’s Nifty News roundup featuring how American actor Bill Murray’s wallet was attacked after his NFT drop.
NFT platform OpenSea has announced that it will not be supporting NFTs on Ethereum forks ahead of the upcoming Merge. The marketplace noted that it will only focus on supporting NFTs on the updated proof-of-stake (PoS) blockchain.
The team highlighted that if there are any forked NFTs, they will not be reflected in its marketplace. Additionally, the team mentioned that it’s preparing to face any potential issues that may happen because of the Merge.
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Blockchain has made its way to the opera through a project called Living Opera, which focuses on combining Web3 technologies with classical music. The project aims to provide a new way for opera singers to skip traditional processes such as finding grants and endowments.
In an interview, the project’s CEO Soula Parassidis told Cointelegraph that they have also released the Magic Mozart NFT collection to pay tribute to a dice game to randomly generate music attributed to influential composer Wolfgang Amadeus Mozart.
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Ethereum Name Service (ENS) domains have outperformed the popular Bored Ape Yacht Club (BAYC) NFT collection in terms of the seven-day trading volume metric at the NFT marketplace OpenSea.
The project’s daily trading volume also increased from 120.7 Ether (ETH) to 1044.6
Read more on cointelegraph.com
