Weekly NFT & GameFi Update (Week 12, 18/03/2023 - 24/03/2023)
Weekly NFT & GameFi Update (Week 12, 18/03/2023 - 24/03/2023)Cronos Labs releases new updates for Unreal Engine and C++ game developers. Sony files a patent for transferable NFTs. Immutable is partnering with Polygon for Web3 gaming.New Project SpotlightNFT Collectibles [COMING SOON] ‘Fragments of the Future’ is a project by Alex Fernández, a photographer and cinematographer. This drop showcases a collection of surrealist photographs that attempt to show a dystopian future through visual elements and colours. The collection goes live on Crypto.com NFT on 27 March. [COMING SOON] ‘TMK GEN 2’ is Luca De Massis’s second collection. Dropping on 31 March on Crypto.com NFT, it features inspiration from the 80s & 90s, such as the popular music and shared cultural experiences during those two periods. Blockchain Games [LIVE] Cronos Labs is participating in the Game Developers Conference (GDC) 2023 in San Francisco, California. The Cronos booth features merchandise giveaways from the company’s partners, including Loaded Lions and D.G.Pals. [LIVE]CroSkull Adventure Season 4 has reached a total of 6,105 CroSkulls in the adventure, as well as 479 Pets Eggs minted. In addition, Croskull will be releasing the Eggs for Dragons of the Underworld in a future update. NFT MetricsThe following table shows select top collections (by weekly sales volume on each platform) and a sample of their art: Blockchain Game MetricsThe 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$10.26 billion, up +3% 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 12, 16/03/2023 - 22/03/2023)
Wednesday, March 22, 2023
Ethereum's Shanghai hard fork scheduled for 12 April. Arbitrum Foundation launches its new ARB token and transitions to a DAO. MakerDAO votes in favour of increasing US Treasury funds to US$1.25B.
Market Pulse by the Crypto.com Research & Insights Team (Week 12, 14/03/2022 – 20/03/2023)
Monday, March 20, 2023
Crypto.com secures MVP license from Dubai virtual assets regulator. Ethereum sets April 12 as target date for Shanghai upgrade. Microsoft integrating crypto wallet into Edge browser.
Weekly NFT & GameFi Update (Week 11, 11/03/2023 - 17/03/2023)
Friday, March 17, 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.
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.
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