Reddit NFT trading volume hits all-time high: Nifty Newsletter Oct. 19–25, 2022 By Cointelegraph

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Reddit NFT trading volume hits all-time high: Nifty Newsletter Oct. 19–25, 2022

In this week’s newsletter, read about how Apple (NASDAQ:) released its first-ever set of rules for nonfungible tokens (NFTs), including a 30% “tax” and limits on how NFTs can be bought and exchanged. Check out how NFTs have the potential to change museum experiences in the future and how OpenSea revised its NFT rarity ranking protocol after feedback from the community. In other news, find out how NFTs are used to democratize scheduled TV programming in the era of Web3. Last but not least, NFT trading volume on Reddit hit an all-time high with nearly 3 million wallet holders.

The big-tech company Apple released new rules for its App Store around NFTs and cryptocurrency exchanges. This marks the first time the company specified rules for NFTs in particular.