Market volumes, NFT thefts and gaming bots were all hot topics in August.
A company has claimed that 40% of web3 gamers are actually bots.
But when it comes down to the numbers, the bear market continues. Monthly NFT marketplace volumes are down again, according toMeanwhile in gaming, an anti-bot company has claimed web3 gaming is full of them — and some of the numbers put even Elon Musk's wildest Twitter-bot estimates to shame. If accurate, the numbers could be a blow to blockchain gaming, which has enjoyed a surge of investment interest this year.
The report also looked at money laundering using NFTs and found that, despite fears, it’s not that common. Over $8 million in illicit funds has been laundered through NFT-based platforms since 2017, representing 0.02% of trading activity originating from known sources.described OpenSea transactions as “down 99%,” noting that the previous Sunday the marketplace had recorded just $9.34 million in NFT transactions, down from a record $2.7 billion on May 1.
Several no-royalty marketplaces have also popped up over the previous months, including Solanart and Yawww. X2Y2 also recently announced buyers would be able to choose how much in royalties they want to give to projects.GameFi token market caps have declined
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