This week, Bitcoin NFT sales volume surpassed $115 million, overtaking the blockchain networks that have historically dominated this market: Ethereum and Solana. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Bitcoin leads the NFT market
📍Bitcoin NFT sales volume surpassed $115 million this week. Bitcoin is leading the NFT market, ahead of Ethereum and Solana, the two blockchain networks that had historically been dominating this market.
According to data from the CryptoSlam platform, the sales volume of NFTs on Bitcoin increased by 80% in the last 7 days, moving a total volume of $115,84 million. In the case of the Ethereum and Solana networks, the sales volumes of NFTs on these blockchains grew by 3,5% and 55,3%, respectively, with a sales volume of $97,91 million and $64,83 million, in the last week.
Bitcoin dominates the NFT market thanks to the rise of BRC-20 tokens, driven by the Ordinals protocol. According to the platform, almost 6.000 transactions have been made on the market with these digital assets.
Armenia’s cultural heritage comes to blockchain
📍A group of Web3 enthusiasts have created a project to preserve humanity's cultural heritage on the blockchain. With the premise that “sometimes it is impossible to know where you are going without reflecting on where you came from”, Ivan Krylov and Ivan Grantovsky have created a project called Realm of Historia (ROH), which aims to ensure the preservation of the world's cultural heritage on the blockchain.
As part of this project, the creators will tokenize one of Armenia's prehistoric archaeological sites, Carahunge, which dates back to 5487 BC.
Realm of Historia (ROH), built on the Solana blockchain, will launch a collection of NFT tokens inspired by the archaeological rocks of Carahunge, combining digital art on the blockchain with the prehistoric culture of Armenian Stonehenge.
Blast Surpasses $850 Million in TVL
📍Blast's total value staked, or TVL, surpassed $850 million this week. According to the website of Ethereum's upcoming L2, Blast, the total value deposited by users in its smart contract reaches $ 853 millones dollars, at the time of writing this article.
It is worth remembering that Blast is being developed on the second layer of Ethereum, but that, at present, it does not yet function as an L2, since it does not allow transactions to be made. On the other hand, Blast does not have a test network either, which has raised some concerns in the crypto community.
However, one of the figures behind this project is Tieshun Roquerre, known as Pacman, the creator of the NFT marketplace Blur. In addition, Blast is also being backed by companies such as Paradigm and Standard Crypto, which seems to be generating confidence in users, who continue to deposit their funds in the network contract.
As reported by this outlet, Blast's TVL as of November 26 was $537 million, which represents a 58% increase over the past two weeks.
Immutable forms new partnership to accelerate Web3 gaming ecosystem
📍Merit Circle DAO and Immutable partner to expand Web3 gaming ecosystem. The developers of the Immutable network have announced a strategic partnership with one of the largest gaming-focused decentralized autonomous organizations, Merit Circle DAO. The alliance aims to expand and improve the DAO’s ecosystem, the blockchain developers announced.
According to Immutable, Merit Circle DAO will leverage its innovative technology infrastructure, combined with its expertise in Web3 gaming, to “enrich the gaming experience of millions of players around the world.”
Immutable co-founder and CEO James Ferguson, he highlighted the potential of the Beam network, which is part of the Merit Circle DAO ecosystem, in the gaming world. “It is a platform that simplifies the complexities of game development and dramatically improves the overall user experience, putting the focus back on the player,” Ferguson said.
The Beam Network will launch on the Immutable zkEVM ecosystem, powered by Polygon Network.
Oasys Network and Fireblocks partner
📍Another partnership focused on Web3 gaming was recently announced by Oasys Network developers with blockchain software development company Fireblocks. Through this partnership, both projects aim to offer Web3 game developers a space where they can focus on creating and creating attractive games, rather than on security.
Fireblocks' Stephen Richardson said the goal is to enable developers to build new gaming apps without having to worry about whether their digital assets are managed securely and efficiently.
According to Richardson, the integration of Fireblocks into the Oasys Network ecosystem represents a step forward in the vision of “making Web3 games more accessible, secure and user-friendly for developers.”
Continue reading: The United States passes a law to preserve its leadership in the blockchain industry
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