New reports released this week indicate a sharp slowdown in NFT transactions. A new report was published indicating a significant slowdown in NFT transactions.
Despite this, developers continue to deploy millions of smart contracts on EVM-compatible chains, indicating their interest in finding broader use cases for blockchain tokens.
Meanwhile, Etihad Airways announced plans to launch a Web3 loyalty program that would allow its community of frequent flyers to exchange NFTs for miles.
Additionally, the team behind the Ordinals protocol is launching a non-profit organization to keep its development clean from corporate influence.