Weekly NFT & GameFi Update (Week 14, 26/03/2023 - 06/04/2023)
Weekly NFT & GameFi Update (Week 14, 26/03/2023 - 06/04/2023)OpenSea launches OpenSea Pro for professional users. NFT attendance badge protocol POAP to begin charging commercial clients. Chewing gum company Wrigley plans to issue NFTs.
New Project SpotlightNFT Collectibles[COMING SOON] ‘Walken Easter Drop’ is a project by Walken, a walk-to-play game that brings sports and NFTs together. This drop features NFTs across varying rarities that are usable in the Walken app. The collection goes live on Crypto.com NFT on 12 April. [COMING SOON] ‘FRGMNTS’ is a project by digital artist Bandanaboi. Dropping on 17 April on Crypto.com NFT, it is a collection of 3D-generated artworks that showcases a surreal and otherworldly landscape. Blockchain Games[COMING SOON] Loaded Lions and Cyber Cubs are about to set off on their next adventure in Mane City. The Origin Story of Mane City is packed with Easter eggs for readers to spot, while land NFT holders will have the opportunity to explore Cronos and search for valuable treasures. [COMING SOON] D.G.Pals is expanding to the Polygon blockchain. The expansion will help increase the interoperability of the multi-genre, multi-chain gaming platform, and leverage on the vibrant gaming ecosystem of Polygon. 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$10.3 billion, up +5%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 14, 30/03/2023 - 06/04/2023)
Thursday, April 6, 2023
Aave community votes on Polygon zkEVM and Starknet expansion. Arbitrum under fire for AIP-1 proposal, to be split into parts. Allbridge exploit resolved as hacker returns most of the stolen funds.
Market Pulse by the Crypto.com Research & Insights Team (Week 14, 28/03/2022 – 03/04/2023)
Monday, April 3, 2023
China intends to improve its blockchain technology development by 2025. Mitsubishi UFJ Financial Group teams with local players for stablecoin interoperability pilot. Wrigley plans its own metaverse
Weekly NFT & GameFi Update (Week 13, 25/03/2023 - 31/03/2023)
Friday, March 31, 2023
Gucci partners with Yuga Labs to bring fashion into the metaverse. Art Blocks launches NFT marketplace. Square Enix releases NFT cards to celebrate 25 years of Final Fantasy.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 13, 23/03/2023 - 29/03/2023)
Wednesday, March 29, 2023
Polygon follows Matter Labs in deploying ZK-EVM scaling solutions. MakerDAO votes to retain USDC as the primary reserve for DAI. Circle stablecoin USDC to launch on Cosmos.
Market Pulse by the Crypto.com Research & Insights Team (Week 13, 21/03/2022 – 27/03/2023)
Monday, March 27, 2023
Nasdaq to launch crypto custody services by end of Q2 2023. UAE central bank signs deal with technology providers as part of CBDC strategy.
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