NFT volumes plummet, Hamster Kombat to launch NFTs: Nifty Newsletter

In this week’s newsletter, read how the popular Telegram clicker game Hamster Kombat plans to integrate non-fungible tokens (NFTs) and how September NFT sales recorded the lowest sales volume since 2021. Check out how Indonesia’s postal service launched NFT stamps and how metaverse platforms could help solve the loneliness epidemic. 

Hamster Kombat to add NFTs as in-game assets

Viral Telegram clicker game Hamster Kombat revealed its roadmap for the last quarter of 2024 and 2025. The popular Web3 game told Cointelegraph it would launch new games and integrate NFTs as in-game assets. In its road map, Hamster Kombat revealed that the NFT integration will occur in November. 

While the clicker game did not reveal many details about the NFT integration, it could impact the waning interest in digital collectibles because the game has millions of users. Since its launch, Hamster Kombat has amassed more than 300 million users. 

Continue reading

NFT sales plummet to lowest monthly volume since 2021 — CryptoSlam

In September, NFTs recorded a monthly sales volume of $296 million, marking its lowest since January 2021. This represents an 81% drop from March and a 20% decrease from August.

Apart from lower sales, the number of transactions involving NFTs also declined. CryptoSlam data showed that total NFT transactions dropped from 7.3 million in August to 4.9 million in September.

While the space recorded many negative statistics, the average value of NFT transactions showed a slight upward tick. Data showed that the average worth of NFT transactions increased to $60 in September from $50.71 in August.

Continue reading

Indonesian postal service launches NFT stamps

Indonesia’s largest postal service has introduced NFT-integrated postage stamps. Pos Indonesia, a state-owned company, released its inaugural stamps with NFT counterparts. The stamps feature “Cenderawasih,” which means “bird of paradise.”

The company said the new stamps merge traditional values with blockchain innovation. It added that they want to attract…

..

Read More

Recommended For You

Leave a Reply

Your email address will not be published. Required fields are marked *