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NFT Update: Former OpenSea exec sentenced to 3 months; Rarible continuing to support royalties; plus Market Data

1 min read  ·  23 Aug 2023

Kjetil Golid, 'Archetype #215', courtesy of Curated.

Kjetil Golid, 'Archetype #215', courtesy of Curated.


  1. Former OpenSea executive Nate Chastain has been sentenced to three months in prison over insider trading of NFTs in 2021.
  2. NFT marketplace Rarible has announced it will no longer aggregate orders from OpenSea, LooksRare, and X2Y2 due to their royalties’ policies.
  3. NFT investment fund Curated has added Archetype #215 by Kjetil Golid to its collection. The NFT was part of the 3AC collection auctioned at Sotheby’s.
  4. Crypto lending platform Maple Finance has raised $5m in funding.


  1. The Top 3 NFT Sales over the past 24 hours were Otherdeed #104 for 155 ETH ($249k), CryptoPunk #4722 for 61 ETH ($100k), and CryptoPunk #1408 for 55 ETH ($91k).
  2. The Top 3 NFT Collections by Volume over the past 24 hours were Bored Ape Yacht Club with $2.5m (-48%), DeGods with $911k (+47%), and Mutant Ape Yacht Club with $760k (- 34%).
  3. The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $6.4m (- 20%), OpenSea with $3.2m (+37%), and Immutable X Marketplace with $620k (+57%).
  4. The Total Crypto Market Capitalisation is $1.09t, a 0% change over the past 24 hours.