While the FTX collapse continues to dominate headlines, the NFT space continues to chug along through the bear market, with a Bored Ape recently selling for nearly $1 million and a dedicated ApeCoin NFT marketplace launching. Meanwhile, the issue of creator royalties continues to divide opinion, with OpenSea reaffirming its commitment to royalties. NFTs still struggle to gain mainstream acceptance, though; video games company Rockstar Games, the creators of Grand Theft Auto, recently banned NFTs from fan servers.
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