Match NFT Auction Achieves 57% Price Increase in First Sale, Launches Joint Staking Feature with High APY

On September 4, Match, a social platform, successfully concluded its first-ever NFT auction, showcasing significant growth in initial sales, as per BlockBeats. The auction began with NFTs priced at 70 USDC, but the latest transaction price jumped to 110 USDC, a 57% increase. The total auction proceeds amounted to 436,000 USDC, with the top bid reaching 630 USDC. The auction attracted 3,796 participants. The second auction will start at the final transaction price of the first, ensuring competitive bidding.

Additionally, Match has rolled out a joint staking feature for its NFTs, offering participants an attractive annual percentage yield (APY) of up to 4263%. This new staking option is expected to draw further interest from the NFT community, providing substantial returns for those involved.

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