Weekly NFT & GameFi Update (Week 48, 2/12/2022 - 9/12/2022)
Weekly NFT & GameFi Update (Week 48, 2/12/2022 - 9/12/2022)US$30 million staked in the first day of ApeCoin staking. Warner Music to release music NFTs in January 2023. Starbucks launches beta test of NFT loyalty programme.New Project SpotlightNFT Collectibles[COMING SOON] Crypto.com is launching its first-ever land NFT collection: “Crypto.com Land - The First Frontier”. The land sale consists of 25,000 land NFTs, divided into five rarities. This collection drops on 13 December for Loaded Lions holders and on 15 December for the public. [COMING SOON] SandBang’s “Meta Puppy” features 10 breeds of NFT pooches. Dropping on 15 December, the collection consists of ten black-and-white animated pieces and five colour ones. [LIVE] Coca-Cola has teamed up with Crypto.com and digital artist GMUNK to release NFTs celebrating the FIFA World Cup Qatar 2022™. There will be 10,000 unique NFTs created based on heatmaps from tournament matches. Blockchain Games[COMING SOON] DGPals, a multi-genre gaming project on Cronos, has revamped its website and revealed two new upcoming games, DGP Plaza! and DGP Adventure. DGPals now has four games, including DGP New World and DGP Legends. [COMING SOON] Defira revealed new art teasers, featuring mystical creatures with a role to play in the Defiraverse. It also showcased the new hero character Chimalli, an intimidating yet compassionate Cronos fighter. NFT MetricsThe following information shows select top collections (by weekly sales volume on each platform) and a sample of their art: Platform: OpenSea Platform: OpenSea Platform: Crypto.com NFT Platform: Crypto.com NFT Platform: Minted Platform: Minted Blockchain Game MetricsThe following information shows select top games by weekly Unique Active Wallets (UAW): Game: Splinterlands Game: Planet IX Game: Era7: Game of Truth Game: Axie Infinity Game: Tiny World Source: DappRadarGaming Token PerformanceThe total market cap for gaming tokens now stands at US$5.92 billion, up +1%from last week. Notes: Infrastructure tokens include ENJ, FLOW, WAXP, UOS, MBOX, DAWN, GALA, IMX; Utility tokens include AXS, MANA, SAND, ALICE, ILV, ATLAS, POLIS, GODS, GMT, DAR, AURY, APE, PYR; Guild tokens include YGG, MC, UNIX, GGG, AGV.News Highlights
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DisclaimerThe information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.The brands and the logos appearing in this report are registered trademarks of their respective owners.Nothing in this report is intended to suggest that NFTs are investment products, nor securities, nor anything similar or “financial” of any description. NFTs are to be reserved for fun only and NOT with any expectation of “value”, “profit”, “yield” or “investment”. You are also aware that NFTs are not a store of value, are not a generally accepted medium of exchange, and are considered very illiquid and volatile.Thank you for reading! We hope you find our Weekly NFT & GameFi Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! |
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 30/11/2022 - 06/12/2022)
Wednesday, December 7, 2022
Telegram to build crypto exchanges and wallets. Trader Joe to deploy on Ethereum L2 network Arbitrum. US$20M exploit confirmed on Ankr and Helio Protocol, Ankr to reimburse affected users.
Market Pulse by the Crypto.com Research & Insights Team (Week 47, 29/11/2022 – 05/12/2022)
Monday, December 5, 2022
Telegram to build a decentralised exchange and non-custodial wallets. Fidelity opened up retail crypto trading accounts. European Investment Bank issues first-ever digital bond.
Weekly NFT & GameFi Update (Week 47, 25/11/2022 - 2/12/2022)
Friday, December 2, 2022
NFT trading is now live on Uniswap. Porsche has planned a 7500-piece NFT collection. Animoca Brands starts a US$2 billion metaverse fund.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 47, 23/11/2022 - 29/11/2022)
Wednesday, November 30, 2022
Ethereum staking withdrawals enter the testnet stage. Gas usage on Ethereum L2 networks reaches record monthly high. Aave proposed governance changes after failed US$60M short attack.
Market Pulse by the Crypto.com Research & Insights Team (Week 46, 22/11/2022 – 28/11/2022)
Monday, November 28, 2022
Bitcoin mining revenue is at a 2-year low. Aave proposes governance changes. Blockchain venture capital investments are down in October.
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