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Just a Cool #Intro Made For #TᴇᴀᴍDɪꜱᴛɪɴᴄᴛ (Watch with sound on) A Lᴇɢᴇɴᴅᴀʀʏ Tᴇᴀᴍ Fᴏʀ Dɪꜱᴛɪɴᴄᴛ Uꜱᴇʀꜱ. Aʟʟ Aʀᴏᴜɴᴅ Tᴇʟᴇɢʀᴀᴍ, Wɪᴛʜ Tʜᴇɪʀ Aᴍᴀᴢɪɴɢ Sᴘᴇᴄɪꜰɪᴄ Sᴋɪʟʟꜱ. ㅤㅤ

Trends of NFT Market in November - The total market cap of the NFT sector decreased 6.3% from $590.9B to $553.1B. - Across all measures, activity in the NFT industry has declined. The total volume of NFT transactions went from 297.5B to 242.4B. - While the number of NFT holders jumped from 16.7M at the end of October to 21.6M at the end of November, buyers and sellers remained steady. - The buyer-to-seller ratio increased in November, reaching a high of 0.94 (91 buyers for every 100 sellers). The last time there were more buyers than sellers was in June, when there were 487,064 buyers and 485,095 sellers. - Volume across NFT marketplaces declined by 26% MoM. - The number of funding rounds in the NFT category increased from 9 to 11, whereas the number of rounds in the blockchain space overall declined by 8.4% MoM (from 71 to 65) - Almost all rounds in November were relatively small seed rounds—all were under $10M - Two of November’s largest rounds, including the largest, went to NFT marketplace projects. Joepegs an NFT marketplace on the Avalanche blockchain, raised $5M million led by FTX Ventures—money the project founders claim has been transferred out of FTX since the collapse—and the Avalanche Foundation. Courtyard closed the month’s largest round of $7M and hopes to let people monetize their real-life collectibles by turning them into digital assets. - Meta’s Instagram Plans NFT Minting, Trading Tools. Instagram will soon have NFT creation and trading tools built in, but in-app purchases will be "subject to applicable app store fees." (source) - OpenSea launches on-chain tool to enforce NFT royalties (source) - NFT Investor Animoca Brands to Start $2B Metaverse Fund (source) - MetaMask rolls out NFT portfolio value tracker with new partnership. Through a recent partnership with NFTBank, a new MetaMask wallet utility will allow users to track the value of their NFT collections (source) #trends#november#intro#NFT