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Nifty Newsletter Oct. 19–25, 2022 By Cointelegraph

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. OpenSea has revised its NFT rarity ranking protocol following community feedback. This will allow NFTs to transform museum experiences in the future. Learn more about NFTs and how they are used to democratize TV programming in this era of Web3. Reddit’s NFT trading volume reached an all-time high of nearly 3 million wallet holders, which is not surprising.

Apple, a big-tech company, released new rules to its App Store regarding NFTs and cryptocurrency trading. This is the first time that Apple has specifically specified rules for NFTs.