NFT sales managed to climb 6.3% higher last week, with more than $153 million in sales. This is a significant improvement on the $144 million recorded the previous week. As a result, August is already on track to beat July’s figures, which were the lowest in 12 months.

The chain with the largest increase in NFT sales was Fantom, which was up 75.64%. The second largest sales jump happened on Immutable X, which saw a 56.57% boost.

Yesterday, the Bored Ape #5383 sold for 777 Eth (approx US$1.4 million). Despite the high sale price, the golden-haired ape is only ranked as the 320th rarest ape, according to Rarity Tools.

Incredibly, Magic Eden has seen over $14.2M in SOL trading volume during the past week - 319 times more than OpenSea!

Sudoswap hit the market to enable NFT trading with automated market making (AMM) algorithms and liquidity pools, echoing decentralized exchanges like Uniswap. Now, its total value locked has jumped from $120,000 to $3 million over the past month!

With its own brand of AMM, Sudoswap allows NFT traders to buy and sell without having to wait for an offer. Sellers contribute their crypto as liquidity to facilitate smoother automated trades, with orders settling with the pool rather than an individual, all on-chain.

“Each user who wants to sell an item deposits one or more NFTs into a pool which they control the pricing over, and the actual purchases happen across all of the pools,” Owen Shen, Sudoswap’s founder, explained on a podcast.

Shen added: “You can set a pool with a higher pricing, but it’s the same as listing an item at a higher price - users will buy elsewhere if there’s cheaper items on the market.”

In other headlines,

• Fractional Rebrands, Raises $20M to Expand Collective NFT Ownership. Read More
• Ethereum Name Creation Doubles In Four Months to 2 Million. Read More
• Phantom wallet to burn spam NFTs out of existence. Read More
• Safe Partners NFTfi to Develop NFT Rights Management Wallet. Read More
• Zash Partners With Binance to Launch NFT Data Products. Read More

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Get your hands on a plot of land or condo on Cardano Island, the Cardano community’s true home in the metaverse!

Cardano Island is the first crypto island located on Virtua Prime, the very first planet in the Virtua Metaverse.

Landowners will be able to:

• Collect special resources that you can use to craft new NFTs (or sell to other users).
• Enhance your plot using highly detailed prefab buildings (including your very own customisable Fancave), and even specialised Land Bots!
• Claim FREE NFT rewards (if you mint your land plot through the Virtua website).

Cardano Island condo owners will be able to:

• Claim a FREE NFT yacht (if you mint your condo through the Virtua website).
• Buy resources from landowners, and use Land Bots to craft new NFTs.

Make sure you join our Discord for the latest updates and info about Cardano Island!

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MatchboxDAO, a Starkware-based on-chain gaming ecosystem, has raised $7.5 million in its first funding round to continue improving crypto games built on the Ethereum scaler StarkNet.

“Matchbox is helping new gaming apps to set foot in expanding the gaming realm of the StarkNet ecosystem,” said Uri Kolodny, StarkWare’s co-founder and CEO. “Their support and mentorship for game builders are an important contribution for StarkNet.”

“Matchbox is on the route to building the next wave of infrastructure for the next-gen of games,” said Yonatan Ben-Shimon, Matchbox Foundation’s CEO. “Composable games and Dapps that empower devs and creators as well as hundreds of millions of users.”

The freshly-raised funds will be used to develop the two core products of MatchboxDAO, namely Matchbox Spark and Matchbox Studios.

In other news,

• Animoca Brands Introduces the TOWER Web Store. Read More
• Catheon Gaming and Polygon Announce Preferred Blockchain Gaming Partnership. Read More
• Gods Unchained Launched Refer & Earn Program. Read More

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Gordon Ramsay is bringing Hell’s Kitchen to The Sandbox. The celebrity chef has teamed up with the Animoca Brands subsidiary to “spice up the metaverse”. The collaboration brings one of the most popular reality TV shows to web3.

According to the announcement, The Sandbox metaverse community will be able to “create new virtual dishes, win competitions, collect recipes and compete for a chance to make it to Head Chef.”

“There’s nothing more exciting to me than chartering new territory, whether that’s creating a signature dish, a new restaurant concept, a new show, or now a virtual experience in The Sandbox,” said Gordon Ramsay. “I’ve been fascinated by The Sandbox and its offering in the metaverse. I couldn’t think of a better platform to bring the high energy of my Hell’s Kitchen restaurant and brand.”

In other news,

• Agya Ventures Closes $32M First Investment Fund With Plans to Invest in Metaverse Proptech. Read More
• Meta’s Metaverse Play Ridiculed Online. Read More
• Mexico Beckons as Patron Brings its Tequila to Decentraland. Read More
• University of Tokyo to open Metaverse School of Engineering. Read More

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The popular streamer Amouranth recently announced her plans to take on the platform OnlyFans by helping to launch an “adult NFT marketplace” called Shush Club.

Amouranth is currently the second most popular female streamer on Twitch with over 5.5 million followers, behind only Pokimane, who boasts more than nine million followers.

“I’m super excited to be working with Shush Club on their content platform,” Amouranth revealed on Twitter, noting how the platform is going to “shake things up.” The streamer said that “with instant payouts and a marketing portal that actually connects content creators with affiliate marketing and advertising deals, Shush Club is going to be a total game changer.”

Shush Club is described as a “blockchain-powered alternative to contemporary content platforms” which will have an “adult NFT marketplace.” According to the company, “Shush Club will offer content creators a seamless entry into this lucrative market.”

In other news,

• Sudoswap AMM NFT Marketplace Sparks Creator Royalties Debate. Read More
• PlayNFT Launches NFT Marketplace For Twitch & YouTube Streamers Worldwide. Read More
• BYU announces joint athletic department and NIL partnership with NFT marketplace. Read More

• Tencent Forced To Shut Down NFT Marketplace. Read More

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