A Pivotal Week for NFT Marketplaces

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This Week's Low-Down:

• 🚀 OpenSea Elevates Creator Royalties with ERC-721C Standard

• 💎 Magic Eden Solana Escrow System Boosts Bidding, Opens Diamonds

• 🔗 ETH Art Marketplace SuperRare to Soon Embrace Bitcoin Ordinals

• Animoca Brands Launches Community-Focused $MOCA Token Sale (Bitcolumnist)

• Dogecoin Now Has Its Own Version of Buzzy Bitcoin Ordinals Project Runestone (Decrypt)

• Average Daily Active Unique Wallets Reach 7M — DappRadar (Cointelegraph)

• a16z Accelerator to Boost 40 Gaming Startups with $750K Each (NFT Plazas)

• Illuvium Gains $12 Million Boost for NFT Game Universe (Bitcolumnist)

• Binance NFT Marketplace Axes Support for Bitcoin Ordinals (Decrypt)

• Final Fantasy VII Bring Arts Figures Returns, Sans NFT Certificates (NFT Plazas)

• Ordinals Drive ‘Positive Momentum’ in Bitcoin Innovation — Franklin Templeton (Cointelegraph)

• Sam Bankman-Fried Sentenced 25 Years Behind Bars (Bitcolumnist)

• Bitcoin Layer-2 Social Network Offers Rewards for 'Touching Grass' in NFT Game (Decrypt)

• Gala Expands Horizons into Travel Sector with Staynex (NFT Plazas)

Trending Collections on OpenSea:

• if you're here, you're based and early [Floor Price - <0.01 ETH]

• Persona [Floor Price - 0.38 ETH]

• NuCyber [Floor Price - 0.05 ETH]

OpenSea Elevates Creator Royalties with ERC-721C Standard

OpenSea has integrated the ERC-721C standard to offer creator royalties and boost intellectual property control.

• The ERC721-C standard allows creators to enforce earnings and customize interactions in NFT collections.

• OpenSea's Creator Studio facilitates the integration of ERC721-C, streamlining the process for creators to secure their earnings.

• The platform requires NFT contracts to comply with ERC721-C.

• Additionally, its ‘Ethereum Dencun’ upgrade will bring new features and marketplace fairness through an "earnings matching" policy.

Magic Eden Solana Escrow System Boosts Bidding, Opens Diamonds

Magic Eden’s ‘Solana Escrow and Collection Offers’ enables users to use the same funds for multiple bids, increasing their chances to acquire SOL NFTs and earn Diamond rewards.

• ‘Collection Offers’ has been revamped with a user-friendly interface, enabling quick matching of top offers, setting of expiration times, and more streamlined bidding features.

• Post-launch of Solana Escrow, Magic Eden saw a more than 100% increase in offers.

• Over 20K SOL in escrow offers have been made, showing community trust and the system's capability to securely handle large transaction volumes.

• Top NFT collections like MadLads now receive 80-90% of offers through Escrow, accounting for 20% of Magic Eden's total offer volume.

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ETH Art Marketplace SuperRare to Soon Embrace Bitcoin Ordinals

Ethereum-established NFT art platform SuperRare moves into Bitcoin, partnering with Gamma for a distinct Ordinals collection by Killer Acid on April 11.

• Killer Acid’s ‘No Brainers’ collection will feature unique 1-of-1 Ordinals inscriptions, emphasizing SuperRare’s commitment to exclusive digital artworks in the Bitcoin ecosystem.

• These NFTs mark his first exploration in the Bitcoin Ordinals realm, expanding his presence from Ethereum, like SuperRare.

• SuperRare’s venture into Bitcoin Ordinals reflects its ambition to support artists through different digital art platforms.

Today's edition was written by Leah Alger

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