January 2024: Mickey Mouse, $PIXEL and Bitcoin ETFs
2024 started by harkening again to the previous, as an NFT assortment utilizing the now copyright-free Steamboat Willie Mickey Mouse character made waves.
The largest story of the month was the long-awaited information that the U.S. SEC had lastly accepted spot Bitcoin ETFs.
On the enterprise entrance, the IRS launched new tax obligations, Logan Paul introduced a controversial CryptoZoo NFT buyback scheme, and Visa launched a Web3 loyalty program. Additionally, X waved goodbye to PFP NFTs, Starbucks Korea kicked-off an NFT rewards program, and GameStop introduced the closure of their NFT market.
In token information, Pixels unveiled their hotly-anticipated $PIXEL token, the Moca Basis introduced the upcoming arrival of the $MOCA token, and Phantom held a shock launch for the $WEN neighborhood token.
January additionally noticed each Solana NFTs and Polygon NFTs overtake Ethereum in NFT buying and selling for the primary time – with the previous additionally revealing their Solana Saga Chapter 2 cell phone. Azuki surged in worth amid rumors of a Weeb3 Basis alliance, and so they introduced their Azuki anime collection. Yuga Labs pushed Legends of the Mara to cell, introduced Dookey Sprint Unclogged, and each revealed and remastered their Otherside Journey 3 trailer.
Elsewhere, CryptoUndeads minted out, Nifty Island entered open beta, Cool Cats partnered with Immutable, Axie Infinity launched their Homeland beta, Magic Eden launched their multi-chain pockets, and Pudgy Penguins revealed OverpassIP.
The month additionally noticed the debut of Nifty Notes – our now industry-leading weekly e-newsletter!
February 2024: ERC-404, Pudgy’s Rise and Document Gross sales
The largest story of February 2024 noticed Yuga Labs purchase PROOF Collective – with Yuga founder Greg Solano returning as CEO shortly after.
On the token entrance, this month noticed the debut of the ERC-404 normal – with the first-ever ERC-404 token, titled $PANDORA, quickly rising to a market cap within the a whole lot of hundreds of thousands of {dollars}. The $PIXEL token additionally noticed its buying and selling quantity skyrocket, as a Binance itemizing noticed the token obtain over $500 million USD of buying and selling quantity in a 24-hour interval.
February additionally noticed Doodles associate with Casio G-SHOCK, CryptoPunks unveil their Punk in Residence program, and Magic Eden held their Retro Diamond drop – forward of the launch of their Ethereum market, and their reveal of the Creator’s Alliance. Yuga Labs had a busy month, with Bored & Hungry increasing to Seoul and Serum Metropolis going dwell – though they noticed elevated competitors from the fast-rising Pudgy Penguins, who partnered with Unstoppable Domains.
Elsewhere, Polkadot set a brand new document for NFT minting pace, Decentraland pushed in the direction of cell, MetaMask launched real-time alerts, the Blast mainnet was launched, Shardbound was reintroduced on Immutable, Parallel entered open beta, and an Autoglyph NFT fetched $14.6 million USD – making it the largest NFT sale since 2022.
March 2024: Ordinals, Runestone and SBF
Bitcoin Ordinals venture Runestone captured the headlines in March 2024, minting and auctioning the most important inscription to this point, holding a multi-million greenback airdrop, and endlessly altering the Bitcoin Ordinals ecosystem.
model adoption, Coachella tied up with OpenSea, Ubisoft’s Watch Canines received concerned with Cross the Ages, and Sony filed a ‘super-fungible token’ patent. Starbucks closed their Odyssey NFT rewards program, the MetaBirkin lawsuit continued, Forbes revealed their Legacy Go NFTs, Wu-Tang Clan headed to Bitcoin Ordinals, Netflix secured UK rights for NFT:WTF?, and former FTX boss Sam Bankman-Fried was sentenced to 25 years in jail.
In gaming, Otherside held its Apes Come House occasion, Gods Unchained hit cell, the HYCHAIN mainnet went dwell, Pixels took Ronin to new heights, and OKX and Immutable introduced a web3 gaming launchpad – with Immutable additionally injecting $100 million into web3 gaming with Polygon. On the funding entrance, Illuvium raised $12 million, Off The Grid raised $30 million, and Parallel raised a staggering $35 million.
Elsewhere, CryptoPunk #3100 bought for $16 million, Kevin Rose caught backlash after promoting $1.2 million of his NFTs, Magic Eden airdropped Diamonds to Ethereum OGs, Kaidro held the first free mint on Ronin, Milady raised $18.7 million in simply 2 hours, a $WIF Mascot NFT fetched $4.3 million, WAX partnered with Amazon, Azuki unveiled AnimeChain on Arbitrum, and Pudgy Penguins flipped BAYC for the primary time.
April 2024: Rewards, $POOP and Runes Protocol
The largest story of the month was Immutable unveiling their $50 million USD rewards program The Foremost Quest, with the goal to kick-start long-term development within the Immutable ecosystem.
On the enterprise entrance, Sq. Enix re-released Last Fantasy VII figures with out NFT certificates, Mazda partnered with Aster zkEVM, Avenged Sevenfold revealed a Web3 season cross, Samsung launched a ‘NFT TV bundle’, and Adidas partnered with STEPN.
Tokens had a powerful month, with Doodles creator @poopie launched Poopcoin ($POOP) – asserting Dullsville and the Doodleverse mere days later, and Doodles Area Mission S1 shortly thereafter – $DOGE become fractionalised NFTs, and the Bitcoin Runes Protocol made its debut – with Magic Eden Runes and Canine memecoins starring.
In Web3 gaming, Sq. Enix partnered with Animoca Manufacturers Japan, a16z launched its SPEEDRUN accelerator, and two Web3 gaming handhelds had been introduced – BitBoy and the SuiPlay0X1. MetalCore held their second closed beta playtest, Ronin welcomed Ragnarok: Monster World, Legendary Video games switched to Polkadot, Decentraland introduced their first Recreation Expo, Anichess raised $1.8 million, and Yuga each transferred Legends of the Mara and HV-MTL to Faraway, and introduced Moonbirds Universe – with gross sales of the Moonbirds NFT assortment leaping 227%.
Elsewhere, the ENS Factors System launched and closed inside 5 hours, OpenSea built-in ERC-721C, NFTFEST was introduced for June, Bored & Hungry California shut its doorways, Dapper Labs‘ legal woes continued, MetaMask began to spotlight eligible airdrops, Christie’s held their first Bitcoin Ordinals public sale, and CyberKongz Bitcoin NFTs raised $5 million.
Might 2024: Tremendous Punk World, Pudgy Toys and Enter The Backyard
Might 2024 noticed two main tales. First, Nina Chanel Abney introduced and revealed her CryptoPunks-backed Tremendous Punk World assortment – although noticed it instantly cancelled following neighborhood backlash. Second, Pudgy Penguins introduced the growth of Pudgy Toys to Goal shops throughout the U.S. after over 1 million gross sales – additionally revealing a partnership with Legendary Video games for a Pudgy-themed cell sport.
On the enterprise entrance, Casio celebrated its fiftieth anniversary with a watches NFT assortment, Cristiano Ronaldo confronted authorized hassle for his Binance CR7 NFTs, and Quidd partnered with Animoca Manufacturers Japan on Fairy Tail NFTs.
In Web3 gaming, Axie debuted Duet Monsters on cell, Guild of Guardians’ Age of the Dread started, Medieval Empires hit open beta, Draftables bought out their Founder Go NFTs in beneath 10 minutes, and Immutable Passport surpassed 1 million signups.
In different information, Azuki premiered The Ready Man – episode 1 of their Enter The Backyard anime – and partnered with Magic Eden on Satoshi Nakamoto hoodies. Blur built-in Blast NFTs, DeGods and y00ts returned to Solana – with Solana additionally seeing a brand new SPL-404 NFT normal and LayerZero integration – CryptoPunk #741 bought for $800,000, VeeFriends launched Character Caps, Apes Capital was unveiled, Phantom acquired Bitski, OpenSea launched Get Based mostly, Milady Maker shot up in worth, Ledger Stax started transport, and Farcaster sealed a $150 million funding.
June 2024: Telegram Video games, Ronin and Web3 AI
Two tales captured explicit consideration in June 2024. Telegram video games started to take off, with Hamster Kombat gathering 78 million gamers, and the Trezor Secure 5 {hardware} pockets was launched.
In enterprise, Sotherby’s introduced a Golden Bored Apes public sale, McDonald’s launched a metaverse, Wu-Tang Clan’s As soon as Upon a Time in Shaolin noticed a associated NFT launch, Konami launched their Resella service on Avalanche, and OneFootball partnered with Mocaverse.
Web3 gaming noticed the launch of the Ronin Forge and the Ronin zkEVM, the reveal of Illuvium’s open beta July launch, The Sandbox increase $20 million at a $1 billion valuation, the disclosing of the Polygon Neighborhood Grants Program, and Shrapnel’s $100,000 STX3.1 playtest. Additionally, Parallel launched on the Epic Video games Retailer, HYTOPIA entered closed beta, Blocklords Dynasty debuted on Base, MetalCore launched their $MCG token, Worldwide Webb rebranded to Soulbound, and ZED RUN transitioned to ZEDx.
Elsewhere, Web3 AI drew consideration, with Play AI elevating $4.3 million and Grass AI rising in recognition. Coinbase Be taught was launched, and the Coinbase Good Pockets was launched. Dapper Labs settled their NBA Prime Shot lawsuit, Doodles Stoodio moved to Base, and Pudgy Penguins introduced their Igloo Inc. mum or dad firm.
July 2024: Ethereum ETFs, GTA 6 and Fortnite
The largest story of July 2024 got here from the U.S. SEC, as Ethereum ETFs had been accepted to start buying and selling on July 24.
On the mainstream finish, Assault on Titan entered The Sandbox, rumours started to swirl on the potential inclusion of crypto and NFTs in GTA 6, and Epic Video games CEO Tim Sweeney indicated that blockchain expertise could possibly be added to Fortnite in future.
In Web3 gaming, Deadfellaz started Wallhugger alpha testing, Ubisoft’s Champions Ways was launched – with a free NFT mint – Spellborne entered open beta, Forgotten Runiverse migrated to Ronin, and Pixelverse secured an extra $2 million. Soulbound received the Journey Collectively class and Grand Prize on the 2024 Discord App Pitch, Axie Infinity: Homeland’s avatar mode was launched, Immortal Rising 2 launched on Immutable, Polygon’s $MATIC migrated to $POL, MetalCore Enviornment was introduced, and the Illuvium mainnet went dwell.
Elsewhere, ChainGPT up to date its AI NFT generator, Consensys acquired Pockets Guard, Ledger revealed their Clear Signing initiative, and Cool Cats launched a manga collection. Privasea started to take off, KnownOrigin ceased operations, Aavegotchi went 3D, Doodles Information was unveiled, the Ledger Flex was introduced, and RTFKT revealed Mission Animus.
August 2024: U.S. SEC, MetaMask Card and AriZona
The 2 main tales of August 2024 noticed the U.S. SEC concern a Wells discover to OpenSea, and the debut of MetaMask Card.
enterprise, Doodles partnered with each AriZona and Adidas, Ubisoft partnered with Arbitrum for Captain Laserhawk: the G.A.M.E., Lamborghini partnered with Animoca Manufacturers, Illuvium teamed up with Samsung, and BAYC teamed up with BAPE as soon as once more. Additionally, Sony introduced the Soneium blockchain, PGA Tour Rise was revealed, and Donald Trump launched Sequence 4 of his digital buying and selling playing cards.
Web3 gaming noticed Lumiterra enter closed beta, Mocaverse launch their Mocaland Experiences in The Sandbox, Off The Grid increase their Pioneers Program, and Ragnarok: Monster World additionally enter closed beta. Otherside introduced Mission Dragon Episode 2, Gods Unchained pushed a serious replace, and Immutable hit a tough patch, with the closure of the Immutable X market, and Ember Sword migrating to Mantle.
In different information, Azuki unveiled an animated shorts collection, Trezor celebrated their tenth anniversary, DFZ Labs partnered with Unstoppable Domains, Sotheby’s ran a Digital Artwork Day sale, and Magic Eden introduced their $ME token, and launched their NFT mint terminal.
September 2024: Doodles, Mobiles and Anime.com
September 2024 noticed two main tales. Doodles premiered Dullsville and the Doodleverse on the Toronto Worldwide Movie Pageant, and Solana Cell revealed the Solana Seeker cell phone.
In Web3 gaming, MetalCore Season 1 debuted – with a Season 1 NFT sale as well – Nyan Heroes entered Season 3, and the Sequence Unreal SDK grew to become verified. Ashes of Mankind introduced their Revenants NFT drop, CCP Video games revealed EVE Frontier, MixMob hit Season 2, seven new video games joined Ronin, and the launch date for Illuvium: Past Wave 3 was introduced.
It wasn’t all sunshine and rainbows nonetheless, as Dimensions dropped their blockchain options, and Tales of Elleria introduced the top of lively growth.
Elsewhere, rumours surfaced surrounding blockchain tech and the iPhone 16, ApeCoin revealed their blueprint for ApeChain, Gamma revealed a unified Bitcoin Ordinals and Stacks platform, Azuki revealed anime.com, and Magic Eden and Mocaverse revealed MagicMoca – with the previous additionally adopting non-compulsory royalties on EVM blockchains.
October 2024: Off The Grid, ApeChain and X Empire
October 2024 featured a top-tier double whammy, as Off The Grid entered Early Entry, and ApeChain was launched with the debut of Prime Dealer.
Web3 gaming noticed Gods Unchained launch their Tower of Dread growth, Wild Forest announce the token era occasion (TGE) for his or her $WF token, CryptoKitties return as a Telegram sport, Shardbound hit open beta, and Decentraland launch a desktop shopper. Guild of Guardians launched their Frostmire growth, PARAVOX introduced a $130,000 USD esports event, and Parallel introduced a $250,000 esports championship.
On prime of that, Deadfellaz revealed their Loss of life Contact TCG, Opti Video games raised $2 million for Sparkball, MetalCore moved to Solana, and the X Empire airdrop was met with participant frustration.
In different information, Consensys introduced a 20% reduce of their workforce, Google Cloud at Aptos Labs launched GameStack, and GR1D Community debuted web3 gaming credit on Amazon. Sequence partnered with Transak, CryptoPunk #1563 was bought for a questionable $56 million, Faraway unveiled each the Faraway Creator Suite and FChain, and a Captain Laserhawk NFT assortment hit Magic Eden. Moreover, Ubisoft launched Champions Ways, 10KTF was acquired, and Unbelievable introduced the launch of the Somnia blockchain.
November 2024: Trump, McDonald’s and Rektguy
The largest story of November 2024 was undoubtedly Trump’s victory within the 2024 U.S. presidential election, which despatched crypto markets hovering.
One other huge growth gave NFTs enormous visibility, with McDonalds partnering with Doodles on a large-scale U.S. vacation marketing campaign.
In Web3 gaming, Immutable was hit with a Wells discover, Pudgy Penguins introduced Pudgy Celebration, and Off The Grid continued to rise – with their Save Democracy pack, the Conflict for Money day by day tournaments, and the $600,000 All-Star Invitational. Pixels revealed their 2025 objectives, Animoca Manufacturers secured $10 million in funding, Parallel launched their Aftermath growth, Nakamigos’ CLOAKS Video games had been scheduled for an upcoming launch, and Moonray distributed over 220,000 NFTs in simply 48 hours.
On the flipside, Sky Mavis laid off 21% of its workforce – regardless of asserting a brand new Axie Infinity sport for 2025 – and Kraken introduced the closure of their NFT market.
Rektguy had a giant month, securing $1.5 million in funding for Rekt Manufacturers, launching Rekt Drinks, and following that with the $REKT token. OpenSea V2 was teased, a rumoured OpenSea token drove Gemesis NFT buying and selling, Magic Eden revealed additional particulars on their $ME token, and Azuki introduced Destiny to Anime.com.
December 2024: Bitcoin, $PENGU and $ME
December 2024 noticed Bitcoin hit $100,000 for the primary time as each the crypto and NFT markets continued to soar.
The month additionally noticed two huge token launches. Pudgy Penguins launched $PENGU – which brought about a pointy rise and fall within the ground value of Pudgy Penguins NFTs – which hit a $3 billion market cap, and Magic Eden launched their $ME token – although confronted backlash over technical points with the airdrop. A 3rd upcoming token was rumoured, as OpenSea teased the launch of an $OCEAN token.
Web3 gaming noticed EVE Frontier enter Early Entry, OverTrip launch on the Epic Video games Retailer, a serious replace to Off The Grid, Shrapnel’s Neon Machine announce a brand new CEO, and Nakamigos launch their Rise of the Wolf RPG. Two $150,000,000 Web3 gaming funds had been additionally established, with Beam Ventures in Abu Dhabi, and Huge Time Studios with their Open Loot Fund.
Elsewhere, Nike introduced the closure of RTFKT – with rivals Adidas revealing their ALTS NFT assortment every week later – Animoca Manufacturers backed Igloo Inc., Chonks debuted on Base, CyberKongz disclosed their Wells discover, and Avalanche supported the Beam Community by minting $500,000 of Beam Node Tokens.
That’s a wrap on our NFT recap for 2024.
2024 noticed us hit our 5,000th printed article – and we’re effectively on our strategy to 6,000. With seven years of NFT protection beneath our belts and counting, we’re getting into 2025 with hope, ambition and pleasure – whichever means the market goes!
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