NEWSLETTER
In this week's newsletter, see the new trailer of the non -fungible games project (nft) Axie Infinity for its next web3 game, Atia's legacy. In other news, the LVMH luxury fashion giant has been sued for nft patent violation, and nft sales have fallen by 63% since December 2024.
Axie Infinity makes fun of the new web3 game as nft Outlook becomes positive
The Blockchain Axie Infinity Games project launched an advance for its new web3 Atia Legacy game. The game is a massive multiplayer video game (MMO) in the Axie universe. Axie Infinity developer, Sky Mavis, gave an advance of the next chapter of the game, highlighting that the project continues to provide the real property of assets to its players.
The new development occurs when the United States stock and values commission (SEC) reduced research on the main nft projects. In addition, a Trump company registered registered trademarks for a nft market.
In a statement, Sky Mavis co -founder Jeffrey Zirlin told Cointelegraph that these are promising updates because they can further unlock the power of tokens.
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LVMH's fashion fashion giant sued nft patent tech for clocks
Smartwatch Face Design Firm Watch Skins sued the LVMH luxury brand and accused her of patent violation. Clock skins said it developed a system that allows users to show nft verified in smart watches.
The company claimed that Tag Heuer, a LVMH watches brand, illegally used its nft screen technology patented in an smart watch. The company said that Tag Heuer encouraged its users to violate patents giving instructions to use nft screen functions.
The watch skins requested a trial and compensation for royalties and lost profits and a court order to prevent LVMH from using patented nft technology.
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The nft negotiation volume has fallen 63% since December
Despite some positive regulatory developments and interest in the US, the impulse of the nft negotiation volume was slowed in the first quarter of 2025.
nft negotiation volumes have decreased by more than 60% since December 2024. In December, total negotiation volumes for blockchain -based digital collectibles reached $ 1.36 billion but fell 26% in January, according to Dapprar Sara Gherghelas analyst.
The trend continued until February, with volumes falling 50% month by month. Gherghelas attributed the recession in nft values to its connection with cryptography prices. “While nfts had been showing signs of a return in recent months, his impulse has slowed since the beginning of the year,” he said.
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Thank you for reading this summary of the most notable developments of the week in the nft space. Return again next Wednesday to obtain more reports and information about this space in active evolution.
