The NFT project Meebits community and a member of BAYC, Bailey Tattoo, announced on social media the launch of the “MeeKit” construction tool MeeKit Beta V2, which can support users to create Meebits NFT renderings independently, and is used to help build scenes using Meebit. It is reported that there is a toolkit named An add-on to the “Booster Pack” to support custom user scenarios. According to NFTGo data, the current floor price of Meebits is 3 ETH, the current market value is about 250 million US dollars, and the total transaction volume has reached 523.25 million US dollars.

Yat Siu, co-founder of Animoca Brands, said, “Royalties have helped drive the growth of the NFT economy, and all these innovations are happening because royalties can be collected.”

Despite the bear market engulfing most of 2022, the NFT industry has amassed sales worth over $24 billion.

That means billions of dollars going to creators, but more importantly, even more money going to owners of those assets that power an industry that makes creating companies like Blur, OpenSea, or Magic Eden a reality. possible.

“Without royalties, there’s not enough money in the ecosystem to support project innovation, and if you remove that, then from our perspective, you actually end up setting the industry back,” Siu said.

Web3 metaverse platform Oncyber has revealed that it has developed an artificial intelligence tool called Magic Composer that allows users to customize their environment through text commands.

Web3 entertainment project Hello Pets announced the launch of a $6 million metaverse expansion fund to develop and strengthen the metaverse ecosystem.

It is reported that Hello Pet revealed that it has purchased 10 “boring ape” BAYC, namely: BAYC #6966, BAYC #6280, BAYC #5245, BAYC #4421, BAYC #5914, BAYC #7350, BAYC #2045, BAYC #9538, BAYC #1522, BAYC #6933, these NFTs will be integrated into movies, Metaverse, games, AR/VR applications, Lego toys, fashion and other products and services in the future.

Nestle’s Swiss cooking giant “Maggi Maggi” announced that it will use blockchain technology to launch the first NFT. These NFTs will cover Maggi’s main products, including Maggi Noodles, Maggi Masala-ae-Magic and Maggi Hot & Sweet, etc. .

It is reported that this is the first time that Maggi Maggi has launched NFT. Rajat Jain, head of the company’s food business, revealed that more innovative ways to interact with customers will be introduced in the future, aiming to change the rules of the game in the food and beverage (F&B) industry through NFT and serve customers. Get involved in setting new standards.

March 15 news, according to official news, STEPN developer Find Satoshi Lab announced that it will launch the NFT AI generated content (AIGC) product GNT, GNT can provide users with a one-stop service to create and mint NFT on the multi-chain NFT market MOOAR , without the need for AI-related knowledge or the deployment process of smart contracts.

It is reported that the GNT alpha test version will be free for a limited time in the next few days, and creators need to burn GMT to generate and mint NFT.

According to news on March 14, the NFT Launchpad MOOAR white paper launched by STEPN developer Find Satoshi Lab (FSL) shows that the Generative NFT Tool (GNT) is open to all MOOAR members. Among them, general members (General Members) can only generate 1-3 preview images without this casting option, and can try up to 5 times a day.

VIP members can create and submit up to 1,000 NFTs in batches. Once the series is generated and the results of the prompt trail are confirmed, this NFT series will be open to the public for FairMint, with a maximum of 25 attempts per day.

It should be noted that this function is limited to use on the Solana chain. During the Alpha testing phase, GMT is not required to generate NFT, but in the future, GMT will need to be destroyed to generate NFT. According to yesterday’s news, STEPN’s official Twitter released a meme picture with GNT text today, and it is suspected that new tokens will be issued.

According to the latest data from Dune Analytics, the cumulative inscription NFT casting volume of the Bitcoin NFT protocol Ordinals has exceeded 400,000, reaching 429,682 so far, and the total cost so far has reached about 79 BTC (approximately US$1.622 million).

Historical data shows that the NFT minting volume of Ordinals inscriptions reached 200,000 at the end of February, which means that the increase within the month has exceeded 100%.

According to news on March 10, Solana development tool provider Helius has launched Solana NFT Compression, developers can mint a large number of NFT at low cost through the Digital Asset Standard (DAS).

This is achieved by maintaining the NFT status outside the chain with index companies such as Helius instead of accounts, and a verification mechanism to ensure that the interaction between the chain and the program is legal and safe. As previously reported, on October 20, 2022, Helius completed a $3.1 million seed round of financing.

On March 9th, according to the data disclosed by Animoca Digital Research, a digital asset research team under Animoca Brands, the casting of the NFT series Mocaverse under Animoca Brands has been completed, and the total supply of 8,888 NFTs has been released. 84.32%, and 3.21% have been sold. Among them, 1419 NFTs were sold for profit, and 196 NFTs were sold for a loss.

In terms of holder distribution, most holders (57%) still hold their original minted 2 Moca NFT, while nearly 90% of users hold 1 Moca.

In addition, the current floor price of Mocaverse is about 1.7 ETH, which is about 2363% higher than the previous paid minting price of 0.138 ETH.