Ultra Games Launch

Metaplex is an important asset service protocol within the Solana ecosystem, offering a variety of tools for the creation and management of digital assets. Its low fee structure and strong user growth demonstrate its market potential. Despite the risk of a single revenue model, considering its team background and market trends, Metaplex still holds long-term investment value within the Solana ecosystem.

In the context of the rapid development of artificial intelligence and AIGC, creators face challenges such as low economic returns and platform centralization. The Lamina1 blockchain aims to create a sustainable content creation ecosystem for creators through decentralized infrastructure and innovative economic models, supporting diverse monetization and autonomous economy, promoting deep interaction between creators and users, and driving the development of the creator economy.

The focus in the Crypto Assets field is quietly shifting. As the heat of Decentralized Finance ( DeFi ) gradually cools, industry insiders are starting to turn their attention to new narrative directions. Recently, the non-fungible token ( NFT ) market has shown a significant growth trend. As of the end of October, the total trading volume of NFTs has reached 133 million USD, with over 4.96 million NFTs sold, at an average price of 26.9 USD. These figures have seen a notable increase over the past month and appear to be taking over the heat of Decentralized Finance. NFT is a unique digital asset, with each token possessing the characteristics of being non-fungible and indivisible. It is this scarcity and uniqueness that endows NFTs with a strong property attribute. This year, the NFT market skyrocketed with a project called "Pineapple." Interestingly, this project was initially created to satirize short-term DeFi projects, yet it generated over $1.2 million in trading volume within 24 hours.

Ethereum Layer 2 ecosystem is rapidly developing, demonstrating strong competitiveness, especially showing advantages in DeFi scale, project ecosystem, volume, and fees. Although the activity of some public chain users has declined, Layer 2 users are growing rapidly, and it is expected to dominate in the blockchain competition in the future.

The trial of FTX founder Sam Bankman-Fried has opened in a federal court in New York, with the first day focusing on selecting the jury. The judge and lawyers will ensure the jurors are fair through questioning. SBF faces seven charges, including fraud and Money Laundering. The prosecution must prove his involvement in the crimes, while the defense may argue that he did not intend to defraud. The case is progressing quickly, with more witnesses and evidence expected in the coming weeks.