Home > NEWS > Binance tightens NFT rules: Nifty Newsletter, Jan. 18–24

Binance tightens NFT rules: Nifty Newsletter, Jan. 18–24

Lawyers believe that NFT court orders could help reach defendants that cannot be contacted using ordinary means.

In this week's correspondence, read the article on how to achieve 101 million in total sales of non-bank tokens (NFT) in 2022. Learn how to use NFT to verbally summon the defendant who can't contact with traditional methods, and fully understand how toys play a full role in NFT and Web3 ecosystems. Let's see how Binance tightened the NFT listing rules. Don't forget this week's Nifty News, which reported the resurgence of NFT by US President Donald Trump

Total NFT sales increased by 101 million in 2022: DappRadar reported

A result released by DappRadar, a decentralized application process positioning tracker, shows that the total sales of NFT will reach 101 million in 2022, an increase of 67.57% over 2021.

The report also shows that the Ethereum blockchain is still the primary competitor in the NFT ecosystem and has solved 21.2 million transactions in the whole year. WAX (14.5 million), Polygon (13.3 million) and Solana (12.9 million) are slightly inferior.

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The NFT court order will become the standard for prosecutions related to data encryption: lawyers

In the crime of distributed ledgers that the defendant could not reach, the data encryption lawyer believed that the order sent to the court according to the NFT was likely to be a solution. Agustin Barbara, the managing partner of The Crypto Lawyers, said that when various bad actors could not be identified, according to the NFT oral summons, the defendant was a good helper for blockchain technology crimes.

In this case, the NFT court order can be pushed to the detailed address of the blockchain wallet with stolen assets to verbally summon the unknown entity line. Barbara felt that when standard methods such as sending email failed, it was also a good way to contact the defendant.

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NFT Steez and Cryptoys CEO discuss the future of toys and entertainment in Web3

CoinTelegram's blogNFT Steez EnterpriseVisit Will Weinraub, founder of Cryptoys, to discuss the efficacy of toys in NFT and Web3. Weinraub discussed various issues, including adult expectations of game elements and the evolution of games in games and NFT.

In addition, the management of NFT emphasized that data encryption and token theory are the important basis of blockchain technology games, and said that this field is likely to develop more and more in the next year.

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Binance tightens the listing rules of NFT

Binance, the data encryption trading center, has set stricter standards for the sale of NFT. In a statement on January 19, the trading center indicated that NFT shares with daily trading volume less than $1000 would be delisted from November 1, 2022 to January 31, 2023. This will apply to NFT launched before October 2, 2022.

In addition, from January 21, 2023, NFT art masters should not forge more than five digital collections a day. The company said that all NFT that did not comply with the new measures would be delisted from the stock market of the website on February 2, 2023.

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Nifty news report: Trump NFT soared by 800%, Yuga Labs added NFT trading center to the blacklist, etc

According to CryptoSlam, the NFT market sales tracking company, the NFT sales volume announced by US President Jeffrey Trump soared to 800%. Some people believe that this surge is related to Trump's return to social media before the US presidential election in 2024.

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Query the NFT STEEZ blog of cointraft

Thank you for reading the introduction to the most attractive development trend of NFT industry this week. Go again next Wednesday to learn more about this positive development opportunity report and views.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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