the NFT project Azuki has officially launched the next-generation anime platform "Anime.com" using Web3 technology. The platform will provide functions such as creating customizable avatars, selling NFT collections, and viewing creations.

CryptoSlam data shows that the NFT transaction volume reached $164.3 million this week, up 5.8% from last week. The number of NFT buyers surged 115.49% to 270,108 people; the number of NFT sellers increased by 107.81% to 218,676 people; and the number of transactions decreased by 4.58% to 1,466,206 transactions.

The transaction volume of NFT on the Ethereum network increased by 40% to $85.6 million, and the number of buyers increased by 52.54% to 37,913 people. The transaction volume of NFT on the Bitcoin network fell by 10.9% to $27.5 million. Solana network ranked third with a transaction volume of $14.6 million, a decrease of 30.8%. Base still ranked fifth with a transaction volume of $8.36 million, an increase of 13.82%.

The CryptoPunks community is facing rumors that Yuga Labs may sell the intellectual property (IP) rights of the CryptoPunks non-fungible token (NFT) collection. The rumor has caused a backlash among fans and industry voices, with some expressing dissatisfaction with Yuga Labs' management of the IP since its acquisition in 2022. Yuga Labs' co-founder, Greg Solano, addressed the rumors and clarified that while he didn't rule out the possibility of a deal, any potential agreement would need to guarantee a long-term positive impact on CryptoPunks. Amid the backlash, managing partner at Electric Capital, Avichal Garg, proposed an alternative of transferring the CryptoPunks IP to a decentralized autonomous organization (DAO).

Welcome to the latest edition of Cointelegraph's Nifty Newsletter, which provides the latest news and insights on non-fungible tokens. This week's newsletter covers a DappRadar report that shows 2024 was the worst year for NFTs since 2020, the 13% increase in the floor price of CryptoPunks NFTs due to rumors of an IP sale, and Indian Railways' partnership with Chaincode Consulting to issue NFT-based train tickets for the MahaKumbh Mela festival. According to the DappRadar report, NFT trading volumes and sales counts fell by 19% and 18%, respectively, in 2024 due to rising token prices and market volatility. The partnership between Chaincode Consulting and Indian Railways aims to provide a digital-first experience for passengers traveling to the Mahakumbh.

Indian Railways has partnered with Chaincode Consulting to issue NFT-based tickets for the MahaKumbh Mela festival, and integrated with the Polygon blockchain for scalability. NFTs will be minted on the Polygon blockchain and offered through real-world assets (RWA) and traceability platform NFTtrace.

On January 12th, World Chain DAO (WCD) empowered the "Shanzhihuang" brand of nourishing products in the "Qihuang Art" category with NFTs. Any user who purchases "Shanzhihuang" products can immediately receive at least 1 WCD NFT. The first round of 50,000 NFTs created with the theme of the traditional Chinese medicine masterpiece "Huangdi Neijing" were given away in 9 days in conjunction with product sales. Among them, WCD NFT #131321 was repurchased at a price of 2400 TON, equivalent to approximately 13,000 USDT. The total repurchase amount of the 50,000 NFTs in this round reached 4515 TON, equivalent to approximately 24,300 USDT. All NFTs that did not have the opportunity to be repurchased in this round are eligible to participate in the final repurchase event, which will have a total of $1.5 million USD available for repurchase.

The random selection process for repurchasing WCD NFTs is completely based on the hash value of the TON main chain block and the entire process is 100% transparent. Caturapramana Universe Ltd., the issuer of the NFTmeme project WooKong, provided technical support for WCD.

On November 22nd, Truemarkets, a news and entertainment platform based on the market, raised over $4 million through a public NFT sale. They raised $4.03 million by selling 15,071 NFTs, with a minting cost of 0.08 ETH (approximately $250) per NFT. Ethereum co-founder Vitalik Buterin bought 400 of these NFTs, spending a total of 32 ETH (approximately $107,000).

Truemarkets allows users to bet on real-world events. There are two types of NFTs on Truemarkets: Oracle Patron NFTs and Truth Seeker NFTs. NFT holders are eligible to claim upcoming assets in the form of TRUE tokens in the platform's token generation events.

According to information on relevant pages McDonald's will update its official homepage background to a Doodles theme. Previously, it was reported that McDonald's and NFT brand Doodles released a custom McCafé x Doodles Holiday coffee cup, which American customers can participate in at McDonald's 13,500 stores, and is expected to launch on November 18th.

the use of cryptocurrency will be most common among "underbanked" households in 2023, who use checks or non-bank loans to meet their banking needs. The Federal Deposit Insurance Corporation (FDIC) surveyed about 60,000 households and found that 6.2% of underbanked households use cryptocurrency, while only 4.8% of households with fully functioning bank accounts use cryptocurrency. Underbanked households are those who have bank accounts but also use non-bank financial services such as payday loans and check cashing. Last year, about 14.2% of American households (about 19 million) were considered underbanked.

Younger, more educated families, Asian and white families, and families with longer job tenures also have higher rates of cryptocurrency use. There are also differences in income levels, with 7.3% of households with incomes of $75,000 or more using cryptocurrency, while only 1.1% of households with incomes below $15,000 do. Among all households using cryptocurrency, the vast majority hold digital assets as investments, with only 4.4% using cryptocurrency for online shopping.

On November 7th, Anthony Shnayderman and Itai Bronshtein submitted a voluntary request to withdraw their securities lawsuit against Ozone Networks (operating under the name OpenSea) to the federal court in Florida. Previously, Judge Cecilia Altonaga allowed OpenSea to file a motion last month to force these two individuals to engage in arbitration.

OpenSea insisted on forcing these two users to engage in arbitration and claimed in a document in October that they agreed to its terms of use, which stated that all claims would be resolved by an arbitrator - including whether the claims should be arbitrated in the first place.

In the October document, the NFT market also stated that it "intends to act quickly to compel the plaintiffs to arbitrate their claims in the agreed-upon forum" and will appeal any dismissal by the court to suspend the case.