Weekly NFT & GameFi Update (Week 9, 25/02/2023 - 03/03/2023)
Weekly NFT & GameFi Update (Week 9, 25/02/2023 - 03/03/2023)Yuga Labs reveals its Bitcoin NFT project “TwelveFold”. Korea’s Lotte Group partners with Polygon to expand NFT business. MetaMask enters the gaming industry with the launch of its SDK.New Project SpotlightNFT Collectibles[COMING SOON] “Whale Life 2.0'' is a project by NFT creator Barbara Redekop. The collection features whales and their determination; they never give up and always follow their dreams. The collection goes live on Crypto.com NFT on 6 March 2023. [COMING SOON] "Space Girls" is a collection by popular collage artist Morysetta. Dropping on 8 March on Crypto.com NFT, it pays homage to the strength, beauty, and grace of women. Blockchain Games[COMING SOON] The phase 1 web game for Eyeball Games is targeted to launch within a week. This game is exclusive to the Balldroid community, and those who wish to participate can get one of the NFTs from Minted or Crypto.com NFT. [COMING SOON] Legends of Bezogia is releasing the Lost Keys update, which unlocks benefits such as early game access, Origins Tournament entry, and exclusive in-game items. Zogi Labs, the creator of Legends of Bezogia, is one of the recipients of the Cronos ecosystem grant. 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$10.42 billion, down -15% 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! |
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 9, 23/02/2023 - 01/03/2023)
Wednesday, March 1, 2023
Ethereum's second testnet was successfully activated. Decentralised perpetual exchange Fulcrom Finance is live. Solana suffered a 20-hour outage with the root cause still unknown.
Market Pulse by the Crypto.com Research & Insights Team (Week 9, 21/02/2022 – 27/02/2023)
Monday, February 27, 2023
Crypto.com to release an NFT collection supporting relief efforts in Turkey. JP Morgan to launch a new crypto innovation lab in Greece. BlackRock offering metaverse-theme exchange-traded fund.
Weekly NFT & GameFi Update (Week 8, 18/02/2023 - 24/02/2023)
Friday, February 24, 2023
OpenSea implements 0% fees for a limited time. Uniswap allows traders to buy NFTs using any Ethereum-based token. Spotify atests new 'token-enabled playlists' service.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 8, 16/02/2023 - 22/02/2023)
Wednesday, February 22, 2023
Filecoin to launch the Filecoin EVM mainnet on 14 Mar. Cosmos Hub's Rho upgrade was successfully completed. ZkSync rebrands zkEVM to zkSync Era and opens its mainnet to developers.
Market Pulse by the Crypto.com Research & Insights Team (Week 8, 14/02/2022 – 20/02/2023)
Monday, February 20, 2023
Siemens issues its first digital bond on a public blockchain. Hong Kong issues its first tokenised green bond. Japan to launch its pilot programme to test the digital yen in April.
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