Weekly NFT & GameFi Update (Week 52, 14/01/2023 - 20/01/2023)
Weekly NFT & GameFi Update (Week 52, 14/01/2023 - 20/01/2023)Yuga Labs' Sewer Pass NFT collection yields over $6 million in sales. #Seoul government opens metaverse project to the public. Yves Saint Laurent YSL files NFT trademark applications.New Project SpotlightNFT Collectibles[COMING SOON] “Colourful Imagination” paints a surreal world filled with rich emotions. This project is created by NAKTA, a Korean graphic artist who combines photography and digital collage techniques, and it drops exclusively on Crypto.com NFT on 23 January 2023. [COMING SOON] "Plastic 77" is a collection by Skie, an artist from Rome, Italy. Dropping on 30 January, it features a parallel metaverse where the only light sources are LEDs and neon. Blockchain Games[COMING SOON] Croskull’s Season 3 will be ending in a week’s time, with characters such as the Legendary LaserCrab still waiting for its owner. The game announced that it has contributed to more than 370,000 transactions on Cronos chain. [COMING SOON] Defira’s unique stickers will soon be available in the LINE app, allowing users to take their chats to the next level. The game is also looking to expand its stickers to other platforms based on users’ feedback. The 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 As of 20 Jan 2023 Sources: OpenSea, Minted, Crypto.com ResearchThe following information shows select top games by weekly Unique Active Wallets (UAW): Game: Splinterlands Game: Planet IX Game: Axie Infinity Game: Era7: Game of Truth Game: Meta Apes As of 20 Jan 2023 Sources: DappRadar, Crypto.com ResearchGaming Token PerformanceThe total market cap for gaming tokens now stands at US$7.28 billion, up +19% 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.We’re all ears.Your feedback helps make our reporting more insightful. Tell us how we can improve this newsletter by taking the survey below. It will take less than a minute of your time. Thank you! 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 52, 04/01/2023 - 10/01/2023)
Friday, January 20, 2023
Crypto.com DeFi Wallet now enables card payments via Crypto.com Pay. Balancer warns LPs to withdraw liquidity ASAP. Critical vulnerability found in Polkadot, preventing potential US$200M loss.
Weekly NFT & GameFi Update (Week 51, 07/01/2023 - 13/01/2023)
Friday, January 20, 2023
#NFT market seeing strong activity and growth in recent weeks. BoredApeYC NFTs surge following Dookey Dash game announcement. OpenSea launches Arbitrum Nova integration and Sweep feature.
Market Pulse by the Crypto.com Research & Insights Team (Week 52, 10/01/2022 – 16/01/2023)
Friday, January 20, 2023
El Salvador passes bill to sell bonds backed by BTC. Societe Generale taps MakerDAO for US$7M DAI loan. Polygon blockchain to undergo a hard fork.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 53, 11/01/2023 - 17/01/2023)
Friday, January 20, 2023
Ethereum hits 500K validators, staked ETH passes 16M. Polygon completes hard fork to reduce gas spikes and chain reorg. Shiba Inu to launch beta release of Shibarium L2.
Market Pulse by the Crypto.com Research & Insights Team (Week 51, 03/01/2022 – 09/01/2023)
Monday, January 9, 2023
Latest US jobs data released; crypto performed well last week. Ethereum's Shanghai upgrade public testnet planned for Feb. Hong Kong gearing up to provide retail virtual asset trading services.
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