Weekly NFT & GameFi Update (Week 55, 04/02/2023 - 10/02/2023)
Weekly NFT & GameFi Update (Week 55, 04/02/2023 - 10/02/2023)Bitcoin Punks Ordinal NFT collection gains traction. CryptoPunks and BAYC NFTs sold for more than $1 million each. Reddit drops NFT collection in partnership with the NFL.New Project SpotlightNFT Collectibles[COMING SOON] “The White Witch's Summoning Magic Story” tells the story of a novice wizard, the White Witch. This project is created by Cuna, an illustrator who draws the world of ordinary daily life in purple. It drops exclusively on Crypto.com NFT on 13 February 2023. [COMING SOON] "Carkayous Expedition #8.2 - The Blooming of the Psilofish" is a collection by tattoo artist Jesse Smith. Dropping on 15 February, it features a fictitious continent called Carkayous, where all of the artist’s tattoos and art reside. Blockchain Games[COMING SOON] Eyeball Games is set to launch its Phase 1 Beta Release in February 2023, available exclusively to Balldroid NFT holders. The mini pool game will include weekly tournaments. [LIVE] Croskull introduced several updates, including a new Hall of Fame, Pet Season 3, as well as improved loading times and bug fixes. There is also a new Valentine’s Day medal available on Discord. The following table shows select top collections (by weekly sales volume on each platform) and a sample of their art: The following table shows select top games by weekly Unique Active Wallets (UAW): Gaming Token PerformanceThe total market cap for gaming tokens now stands at US$10.97 billion, up +25%from last week. 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 has always helped us provide insightful crypto market trends. Tell us how we can improve this newsletter further by taking a quick survey below (it will only take less than a minute). 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! Weekly Crypto News about DeFi, NFT, and crypto market is free today. But if you enjoyed this post, you can tell Weekly Crypto News about DeFi, NFT, and crypto market that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 56, 02/02/2023 - 08/02/2023)
Wednesday, February 8, 2023
Ethereum testnet processes its first ETH staking withdrawals. LidoFinance V2 upgrade focuses on a new staking router and ETH staking withdrawals. OptimismFND proposes Bedrock upgrade.
Market Pulse by the Crypto.com Research & Insights Team (Week 54, 31/01/2022 – 06/02/2023)
Monday, February 6, 2023
CRO Accelerator Program opens applications for its second cohort. Indonesia's Ministry of Trade to roll out a national crypto exchange. ETH launches test network, Zhejiang for staked $ETH
Weekly NFT & GameFi Update (Week 54, 28/01/2023 - 03/02/2023)
Friday, February 3, 2023
OpenSea reaches 1.5 million NFT sales on the Polygon network in January. #NFTs to help support Japan government's 'Cool Japan' strategy. E-commerce giant eBay continues its foray into NFTs.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 55, 26/01/2023 - 01/02/2023)
Wednesday, February 1, 2023
ETH developers launch 'Zhejiang' testnet for simulating ETH withdrawals. Aave buys 2.7M CRV tokens to clear bad debt from exploit. MakerDAO's new proposal seeks to increase Compound D3M
Market Pulse by the Crypto.com Research & Insights Team (Week 53, 24/01/2022 – 30/01/2023)
Monday, January 30, 2023
Weekly Market Index Last week's crypto market prices rose slightly by +1.97%. Volume and volatility decreased by -3.56% and -53.70%, respectively. Sources: Crypto.com Research, Crypto.com Price
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