In this week's newsletter, read about how eBay's irreplaceable dynamic password (NFT) platform launches a new creator smart contract. Learn how OpenSea plans to win back customers from competitor Blur, and fully understand why Yua Labs is accused of stealing the IP of the wolf skull logo. On other news levels, take a look at how NFT should play the role of "high-end real estate" during the boom. Don't forget this week's Nifty News, a NFT artist who earns $150000 for a numbered meme.
KnownOrigin, EBay's NFT marketplace, has announced that it publishes original creator intelligence contracts to artists on its platform. A new contract allows the artist to share his profits and become a co-creator to get paid for the work. According to the NFT platform, customers have tried this role in the past few weeks.
EBay invested in the KnownOrigin NFT platform as early as June 2022. Although the amount was not disclosed, the founder of the platform, David Clemon, made it clear that KnownOrigin is committed to granting rights to the creators and collectors of NFT.
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NFT sales market OpenSea has unveiled an innovative initiative to win back customers from competitor Blur. According to the statistical analysis platform Nansen, Blur recently surpassed its platform in daily ethernet square (ETH) trading volume on February 18.
In order to attract more customers, the platform made three major changes on the same day, including temporarily reducing OpenSea spending to 0% and turning it into alternative original creator revenue.
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YOGA Lab is the founder of the popular boring Ape Golf driving range (BAYC) NFT series, which is accused of stealing patents with its wolf skull logo. In one tweet, an artist at NFT stressed that Easy Drawing Gudes first designed skulls for lonely gorilla farms.
The company also responded to the agitation on Twitter, confirming that Yuga Labs did not use the license for the picture. The company also mentioned that the patent right to the design drawings belongs to them and that his terms and conditions protect it.
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In a video from YouTube on February 20th, Real VisionCEO Raoul Parr made it clear that I firmly believe that NFT could become a "high-end property" during the login password boom. According to Pal, when the economy picks up, this real estate category mainly outperforms the sales market.
The executive also said that fashionable collections such as CryptoPunks and BAYC are called status symbols in login password space, like luxury cars and luxury villas.
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An NFT artist received six BTC (BTC), which were originally worth about 150000 yuan, in exchange for winning a Bitcoin mage emoji on a BTC platform close to NFT. In addition, a former Amazon executive launched a platform to evaluate NFT, similar to the popular messaging site Yelp.
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We'll see you next week, the introduction to the most important trend in the NFT industry. Come back next Wednesday to learn more about the industry reports and opinions on this positive development.
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