Weekly NFT & GameFi Update (Week 11, 11/03/2023 - 17/03/2023)
Weekly NFT & GameFi Update (Week 11, 11/03/2023 - 17/03/2023)Bored Ape Sewer Pass NFTs can be transformed into robots. Sotheby’s to hold NFT auction featuring artists such as Beeple. Square Enix launched a trailer for its NFT game Symbiogenesis.New Project SpotlightNFT Collectibles [COMING SOON] ‘76ers Heritage – Born and Raised’ is a project by the Philadelphia 76ers, the storied NBA team with three World Championships to their name. This drop lets collectors unlock ultimate fan packages, VIP experiences, and custom merchandise. The collection goes live on Crypto.com NFT on 20 March. [COMING SOON] ‘STARDUST’ is a collection by Natacha Einat, a digital artist based in Paris. Dropping on 22 March on Crypto.com NFT, it features a dream-like world where distant objects from our reality combine to create endless possibilities. Blockchain Games [COMING SOON] D.G.Pals will be co-hosting a networking and panel discussion together with Cronos, Blockchain Game Alliance, and others called ‘A new frontier of blockchain games: Fun first, followed by ownership and autonomy’. [LIVE] Legends of Bezogia Beta 0.11.1 is now live, and it includes improved features as well as bug fixes. For the month of March, Zogi Labs is dropping the creator fee on OpenSea from 5% to 0.5% for Bezogi V2 NFTs. NFT MetricsThe 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$9.99 billion, up +14%from last week. News Highlights
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 11, 09/03/2023 - 15/03/2023)
Thursday, March 16, 2023
Ethereum's Shapella upgrade executed on the Goerli testnet. MakerDAO passes emergency proposal to mitigate risks around stablecoins. Aptos launches NFT bridge on Wormhole.
Market Pulse by the Crypto.com Research & Insights Team (Week 11, 07/03/2022 – 13/03/2023)
Monday, March 13, 2023
US Federal Reserve announces US$25B fund to support liquidity-troubled banks. South Korea launches Metaverse Fund. SWIFT saw positive results in pilot test of linking different CBDCs.
Weekly NFT & GameFi Update (Week 10, 04/03/2023 - 10/03/2023)
Friday, March 10, 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.
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.
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