NFT News Update: DN404 and ERC-404 Highlights

Top NFT News Today: February 13, 2024

NFT Market Data

• Sales volume: $36,917,776 (up 0.19% in the past 24 hours)
• Buyers, sellers, and transactions have increased by 5%, 1%, and 7% respectively

Top 10 collections by sales volume:

1. Pandora: $6,560,152 (despite a 16% drop)
2. Art Blocks: Increased by 444% to $843,870
3. Doodles: Dropped by 47.47% to $855,826

Following ERC-404, Here Comes DN404

A new divisible NFT format called DN404 has been launched following the recent launch of ERC-404. The team of developers has announced the launch of a hybrid ERC20/721 token, which aims to address critical issues arising from the newly popular “ERC404” tokens.

Magic Eden Launches Ethereum Marketplace in Two Weeks

Popular NFT marketplace Magic Eden is set to launch its Ethereum marketplace on February 27. This marketplace will be the first major Ethereum marketplace with a contractual obligation to uphold creator royalties.

Deadfellaz Creators Launch 10,000 Bitcoin Ordinals

DFZ Labs, the creative studio behind the Deadfellaz NFT collection, is launching its own Bitcoin Ordinals. This collection, called Bits, is focused on bringing indie gaming to BTC and aims to build a game development incubator utilizing a roguelite game world at its core to house curated UGC content. The game will be offered to a wider audience via traditional platforms.