Weekly NFT & GameFi Update (Week 10, 04/03/2023 - 10/03/2023)
Weekly NFT & GameFi Update (Week 10, 04/03/2023 - 10/03/2023)Yuga Labs Twelvefold Bitcoin NFT auction raised US$16.5M. Amazon plans to enable purchase of NFTs tied to real-world assets. Starbucks released its first limited edition NFT collection.New Project SpotlightNFT Collectibles[COMING SOON] ‘Bobo TV NFT: Live The Dream’ is a project by Bobo TV, the biggest Italian football Twitch community led by four famous football players: Christian ‘Bobo’ Vieri, Lele Adani, Antonio Cassano, and Nicola Ventola. The collection goes live on Crypto.com NFT on 14 March 2023. [COMING SOON] ‘Mad Era: The Invasion of the Mutants’ is a collection by community-driven NFT artist DaRealGenius. Dropping on 15 March on Crypto.com NFT, it features the Mad Hares discovering a faulty Love Potion recipe. Blockchain Games[LIVE] Eyeball Games’s Phase 1 Beta was successfully launched. The current phase is the first single-player game release from Eyeball Games, and is part of a series of launches leading up to the mobile game launch targeted to be released in early 2024. [LIVE] DG Pals has released the new Legends Beta 2.0 gameplay. The results of the upgrade include noticeably faster gameplay and potential shifts in the overall effectiveness of DG Pals characters and team lineups. 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$8.73 billion, down -16%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, 02/03/2023 - 08/03/2023)
Wednesday, March 8, 2023
Ethereum developers delay ETH staking withdrawals to April. Optimism announces its latest hard fork, Regolith upgrade. Aave plans to deploy its Aave V3 MVP on Polygon's zkEVM.
Market Pulse by the Crypto.com Research & Insights Team (Week 10, 28/02/2022 – 06/03/2023)
Monday, March 6, 2023
Ethereum Shanghai update to run on Goerli testnet, mainnet update will be in April. Spotify debuts token-gated playlists for NFT holders. Reserve Bank of Australia announces pilot phase for eAUD.
Weekly NFT & GameFi Update (Week 9, 25/02/2023 - 03/03/2023)
Friday, March 3, 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.
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.
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