Weekly NFT & GameFi Update (Week 42, 21/10/2022 - 28/10/2022)
Weekly NFT & GameFi Update (Week 42, 21/10/2022 - 28/10/2022)Crypto.com signs an MOU with ACT Games. Bored Ape Yacht Club NFT holders have access to a new merch drop. Reddit brings half a million newcomers to the world of NFTs.Key Takeaways
Crypto.com NFT in the Spotlight
NFT Highlights
GameFi HighlightsNFT Transaction BenchmarkSources: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 2022.6. A significant percentage of the transaction volume on LooksRare/X2Y2 could be from wash trading.The following chart shows select top NFTs and their historical floor prices: Top CollectionsThe following information shows selected top artists (by sales volume on each platform) and a sample of their art. Platform: Crypto.com NFT Platform: Minted Platform: Magic Eden Platform: OpenSea 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, AGVTop Games Metrics* Week-on-Week (WoW) % change is calculated based on the differences between two consecutive seven-day periods |
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 42, 19/10/2022 - 25/10/2022)
Wednesday, October 26, 2022
Aave released GHO technical paper and first audit findings. MakerDAO voted in favour of founder's 'Endgame Plan'. NEAR Foundation to end USN stablecoin.
Market Pulse by the Crypto.com Research & Insights Team (Week 42, 18/10/2022 – 24/10/2022)
Monday, October 24, 2022
Crypto volatility in freefall. Ethereum launches Shandong testnet. Europe to develop energy efficiency label for blockchains.
Weekly NFT & GameFi Update (Week 41, 14/10/2022 - 21/10/2022)
Friday, October 21, 2022
Magic Eden shifts to an optional royalties model. Bicycle Cards plans to create physical playing cards based on its Bored Ape. Sorare is launching a fantasy basketball game in partnership with the
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 41, 12/10/2022 - 18/10/2022)
Wednesday, October 19, 2022
Proposal for Uniswap to be deployed on zksync passes with 100% of votes. AptosFoundation mainnet rollout draws criticism. Ethereum launches 'Shandong', its pre-Shanghai upgrade testnet.
Market Pulse by the Crypto.com Research & Insights Team (Week 41, 11/10/2022 – 17/10/2022)
Monday, October 17, 2022
BTC becoming less volatile. Tether replaces commercial paper with US Treasury bills. Polygon launches zkEVM public testnet.
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