Weekly NFT & GameFi Update (Week 7, 11/02/2023 - 17/02/2023)
Weekly NFT & GameFi Update (Week 7, 11/02/2023 - 17/02/2023)Ordinal NFTs triggered a surge in user activity on Bitcoin. NFT marketplace Blur airdropped 360M $BLUR tokens. Video game giant Square Enix partners with Polygon.New Project SpotlightNFT Collectibles[COMING SOON] “The Art of Giving II'' is an initiative by Crypto.com to support humanitarian aid in response to the Kahramanmaras earthquake, where all proceeds from the drop will be donated to the cause. The project goes live on 21 February 2023. [COMING SOON] "Mystical Nature" is a collection by Rank SSS, a motion designer and 3D artist from Algeria. Dropping on 20 February, it features strange hidden worlds that belong to a different dimension, where multiple layers of reality meet and connect. Blockchain Games[COMING SOON] Croskull’s Season 4 pet eggs will be available soon. The game has reached a total of 6,064 Croskulls in the adventure game, as well as a 3.3% burned GRVE index. [COMING SOON] Snook makes plans for multi-chain compatibility in order to enable more players to access the game. It is a multiplayer, Snake-like game where players’ performance can directly affect the in-game NFT assets’ face value. 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$11.81 billion, up +8%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 7, 09/02/2023 - 15/02/2023)
Friday, February 17, 2023
Ethereum's Sepolia testnet is set to go live on 28 Feb. 0xPolygon zkEVM mainnet beta will launch on 27 Mar. MakerDAO is releasing a lending platform called Spark Protocol.
Market Pulse by the Crypto.com Research & Insights Team (Week 55, 07/02/2022 – 13/02/2023)
Monday, February 13, 2023
Ethereum's Sepolia testnet for staked $ETH withdrawals is set for 28 Feb. China to open a national blockchain research centre. Louis Vuitton partners with artist Yayoi Kusama for 10000-NFT project.
Weekly NFT & GameFi Update (Week 55, 04/02/2023 - 10/02/2023)
Friday, February 10, 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.
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
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