This week in web3 #3
Every Friday afternoon, we share with you the most important news of the week in the world of web3.
1️⃣ A new NFT marketplace for pro traders
Blur is a real-time marketplace and aggregator combined. It lets you sweep and list across marketplaces, snipe reveals, and manage your portfolio faster than anywhere else. https://blur.io/
2️⃣ A standard tying physical items to digital tokens
Chiru Labs, the talented people behind the Azuki NFT collection are back at it with a new open-source Ethereum standard tying physical items to digital tokens. https://www.pbt.io/
3️⃣ Reddit sold 3 million NFTs
Reddit might be onto something with their Collectible Avatars as they’ve sold 3 million NFTs since the launch in August. Reddit’s NFT system is built on top of Polygon but it’s completely transparent for the user. https://metaversal.banklesshq.com/p/the-reddit-nft-surge?utm_source=substack&utm_medium=email
4️⃣ OpenSea adopts the OpenRarity standard
OpenSea has adopted an open, transparent, and reproducible standard for rarity rankings across the NFT industry. OpenRarity is an open collaboration between OpenSea, icy.tools, Curio, and PROOF. https://support.opensea.io/hc/en-us/articles/9517355517843
5️⃣ The biggest Bitcoin outflow since June
The amount of Bitcoin flowing out of cryptocurrency exchanges picked up momentum on October 18, with an outflow of over 37,800 BTC. It’s the biggest outflow since the crash that happened on June 17. https://cointelegraph.com/news/740m-in-bitcoin-exits-exchanges-the-biggest-outflow-since-june-s-btc-price-crash
6️⃣ Warner Bros to sell LOTR NFTs
Fanatical collectors of Peter Jackson’s “The Lord of the Rings: The Fellowship of the Ring” will get the chance to buy limited-edition multimedia NFT versions of the fantasy epic. https://variety.com/2022/digital/news/lord-of-the-rings-fellowship-of-the-ring-nft-release-1235406247/