Watch out for ERC-404, another hybrid NFT standard is coming

A week after the launch of ERC-404, a team of developers claims to have done a better job with the “Fissionable NFT” standard, which aims to be a hybrid between ERC-20 and ERC-721. The proposed standard includes fractionalization, allowing them to trade fractional portions of their NFTs.

Stephen Chow NFTs surpass 10,000 ETH trading volume as community expands

Hong Kong director Stephen Chow has launched an NFT collection called “Nobody.” On February 7, the collection recorded a transaction volume of 10,000 Ether (ETH), worth approximately $23 million.

Dwight Howard NFTs: Athletes need to 'take time' to understand how they work

The Glenlivet, a distillery based in Scotland, is selling a rare collection of whiskey using NFTs and AI. The company announced on February 13 that it would sell 12 bottles from a collection that has been maturing since 1974.

Ordinals to boost BTC miners, Yuga NFT mint goes wrong and more

Grayscale researcher Michael Zhao argued on February 9 that Bitcoin Ordinal inscriptions could provide a revenue boost for Bitcoin mining companies following the upcoming Bitcoin halving, in which mining rewards will be halved.

Thanks for reading this week's top developments in the NFT space. Come back next Wednesday for more reports and insights.