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Is it worth participating in OpenSea's upcoming TGE?
Since its establishment in 2017, OpenSea has been the core platform of the NFT market, providing basic functions such as minting, trading, and auctioning, and gradually expanding to token trading, cross-chain interactions, and AI tools. As one of the earliest comprehensive NFT trading platforms, OpenSea not only carries most of the NFT traffic but also forms an early reference framework in terms of fee models and market rules. Its data performance is regarded as an important indicator for observing the trend of NFT development. Currently, the NFT market's heat has significantly cooled. In early 2025, OpenSea's monthly trading volume was about 195 million USD, a reduction of approximately 96% compared to the peak of nearly 5 billion USD in early 2022.
Welcome to read the OpenSea Digest, let's review the major news of this week in NFT and web3. Decentraland and global digital creators jointly hold the 2025 Art Week The non-profit Decentraland Foundation operates the virtual world platform Decentraland, which will host Art Week from September 24 to 27. This free event will showcase over 30 installations and workshops, featuring artists including Sara Shakeel (known for her glittering digital collages), Johanna Jaskowska (famous for augmented reality filters), Amber Vittoria (whose work explores femininity through color and form), Clara Bacou (building fantasy-style 3D worlds), and Micah Alhadeff (combining mythology and technology in immersive scenes).
From everyday comics to a cultural phenomenon today, Trencher has quickly become one of the most recognized figures in the crypto art space, with Grizzle at its core, an artist who blends humor, narrative, and raw energy, keeping pace with the rhythm of internet culture. What started as a playful sketch has now evolved into hundreds of works, animated shorts, and a thriving community of fans and collaborators. In the conversation with Grizzle, we delved into the origins of Trencher, the process of creating art at internet speed, and the power of community-driven storytelling.
Odaily Exclusive Interview with Spencer, Head of Moonbirds: From World-Class Fencer to NFT Revitalizer
Recently, Odaily exclusively interviewed Spencer, the current head of Moonbirds, delving into the journey of this legendary figure from fencer to NFT investor and then to NFT brand revitalizer. Spencer not only was one of the largest holders of Pudgy Penguins, but was also chosen to take over Moonbirds from Yuga Labs and lead its revival as a manager. In this in-depth conversation, he shared his unique insights on the NFT market, the future vision for Moonbirds, and how to find undervalued opportunities in a bear market. During the interview, what impressed me the most was Spencer's machine-gun-like insights and quick responses, but each answer contained a wealth of alpha perspectives. His deep understanding of product strategy is impressive, from the technology innovation cycle to changes in IP value, from consumer psychology to brand positioning.
September 21 news, according to Crypto.news reports, CryptoSlam data shows that the NFT market transaction volume increased by 1.27% in the past week, reaching 108.6 million USD, market participation has rebounded, the number of NFT buyers increased by 53.24%, reaching 276,735 people, the number of NFT sellers increased by 67.19%, reaching 206,669 people, however, the number of NFT transactions decreased by 6.65%, to 1,630,579 transactions.
Ethereum network transaction volume reached 46.7 million USD, soaring 42.85% from the previous week, Mythos Chain network transaction volume reached 12.15 million USD, down 21.91%, Bitcoin network transaction volume reached 9.82 million USD, down 2.17%.
This week's high-value transactions include:
BOOGLE sold for 1,380 SOL (324,846 USD)
CryptoPunks #8521 sold for 55.48 ETH (255,288 USD)
CryptoPunks #4420 sold for 56.388 ETH (254,250 USD)
CryptoPunks #2642 sold for 52.1 ETH (239,735 USD)
CryptoPunks #1180 sold for 49.89 ETH (232,394 USD)
OpenSea announces the launch of AI trading service OpenSea Intelligence, which is currently open for a waitlist, and this service is powered by OpenSea MCP.
Yield Guild Games (YGG) is a global gaming community network dedicated to connecting players, teaching blockchain-based games, and sharing rewards earned by players. YGG is known as the 'Guild of Guilds' and serves as a hub for groups around the world. The organization was co-founded in 2020 by veteran game developer and Altitude Games co-founder Gabby Dizon. Today, it has developed into an ecosystem composed of local chapters, each with its own leaders, onboarding systems, and training programs. Recently, it has expanded into the game publishing field, defining a new game genre called 'Casual Degen', which is easy-going, fun, fast-paced, and features cryptocurrency as a native element in the games.
Editor’s note: As a typical example of the transformation from speculative properties to real business in the Web3 field, this article systematically presents the complete evolution trajectory of the Fat Penguin NFT project from the founder transition crisis to the construction of a global IP ecosystem. It deeply analyzes the strategic restructuring path after Luca Netz's acquisition, covering core development nodes such as breakthroughs in physical toy commercialization, the establishment of the PENGU token economic system, and compliance exploration in traditional financial markets. Through the analysis of a composite model of 'NFT asset confirmation + brand IP operation + blockchain technology infrastructure', it reveals the innovative paradigm of digital asset commercialization.