Key Takeaways

• Crypto.com partners with Cronos-based marketplace Minted, allowing Ethereum-based blue-chip NFTs to be listed alongside Cronos-based ones. The marketplace will support over 10 million NFTs across 2,800 projects.

• OpenSea is changing its stolen NFT policy following user outcry. In order to prevent false reports, the platform now requires a police report to be submitted within seven days of flagging an NFT as stolen.

• Axie Infinity has surpassed US$4 billion in all-time sales. Meanwhile, the game’s management is removing SLP rewards from the classic game mode, moving them to Axie Infinity Origin (V3) instead.

• X2Y2 recorded a -15% decrease in sales and a -35% decrease in transactions. Meanwhile, OpenSea‘s sales were positive at +36% and its transaction count also increased +37%.

• The total market cap for GameFi tokens now stands at US$9.96 billion, down -8% from last week.

Crypto.com NFT in the Spotlight

• The “Own Every Word: School's Out” drop features 200 new summertime words with an 8-bit animated background that will never be used again. A wizard and hapless group of comedians used magical cryptocurrency mumbo jumbo to transform a sacred text into Own Every Word, an NFT project that allows collectors to own all the words ever created.

• “Inferno” is an exploration of wildland fire fighting in the Pacific Northwest of the United States, and uses drones created to mimic the appearance of local wildlife. This project is created by Robert Chew, a concept artist with six years experience at Gearbox Software working on the Borderlands franchise (Borderlands 3) and Battleborn.

NFT Highlights

• Yuga Labs to enable full licensing rights to CryptoPunks holders

• Pudgy Penguins NFT prices surge after creator unveils IRL toys

• Weekly NFT sales show improvement, Fantom and Immutable X NFT volume spikes

• Samsung signs MoU deal to give new NFT project offline utility

• Tencent halts NFT sales on its Huanhe platform amid regulatory scrutiny

GameFi Highlights

• Sky Mavis’ Ronin sidechain expands to 17 validators to boost security

• UFO gaming rallied more than 130% after joining Neo’s $200M grant program

• GameFi company Murasaki closes €1.5M seed round led by Japanese Incubate Fund

• The ‘4 games - 1 token’ project Kingdom Quest announcing IDO and mainnet

• Why play-to-own is the next space to watch in Indonesia’s crypto gaming ecosystem

NFT Transaction Benchmark

Sources:

Magic Eden data refer to the on-chain activity of the tracked smart contracts.

LooksRare, OpenSea, and Coinbase data are retrieved from Dune Analytics.

Magic Eden, X2Y2, NBA Top Shot, and Solanart data are retrieved from DappRadar.

Notes:

1. Year-to-Date (YTD) volume is calculated from the first day of the current year to the current date.

2. Week-on-Week (WoW) % change is calculated based on the differences between two subsequent seven-day periods.  

3. Transaction count and average price refer to the number of traders and average price over the past seven days, respectively.

4. LooksRare was launched on 10 January 2022.

5. X2Y2 was launched on 16 February 2022.

The following chart shows select top NFTs and their historical floor prices:

Top Collections

The following information shows selected top artists (by sales volume on each platform) and a sample of their art.

Platform: Crypto.com NFT
Artist: Loaded Lions
Sales Volume (USD): $273,300

Platform: Minted
Artist: VVS Miner Mole
Sales Volume (USD): $154,080

Platform: Magic Eden
Artist: Okay Bears
Sales Volume (USD): $692,655

Platform: OpenSea
Artist: Bored Ape Yacht Club
Sales Volume (USD): $6,421,058

GameFi Top Gainers & Losers

*Gaming Infrastructure tokens: ENJ, FLOW, WAXP, UOS, MBOX, DAWN, GALA, IMX

*Gaming Utility tokens: AXS, MANA, SAND, ALICE, ILV, ATLAS, POLIS, GODS, GMT, DAR, AURY, APE, PYR

*Gaming Guild tokens: YGG, MC, UNIX, GGG, AGV

Top Games Metrics

* Week-on-Week (WoW) % change is calculated based on the differences between two consecutive seven-day periods
* Users refer to the number of unique wallet addresses interacting with the dApp's smart contracts
* Weekly Volume refers to the total amount of incoming value to the dApp's smart contracts during the seven-day period

* Weekly Transactions refer to the no. of transactions made on the dApp’s smart contracts during the seven-day period
* Stickiness refers to the ratio of daily active users (DAU) to monthly active users (MAU). A high stickiness means users consistently return to the dApp.

* Weekly volume using Splinterlands data is approx US$359K.
* Alien Worlds, Splinterlands, MOBOX, Sunflower Land, Pegaxy, SecondLive, Axie Infinity, DeFi Kingdoms data 

from DappRadar

* STEPN data from Dune Analytics

Daily Gamers by Blockchain

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