Weekly NFT & GameFi Update (Week 18, 29/04/2023 - 05/05/2023)
Weekly NFT & GameFi Update (Week 18, 29/04/2023 - 05/05/2023)Auction house Sotheby’s launches secondary NFT marketplace. Blur launches NFT lending protocol, Blend. Sports Illustrated launches NFT ticketing platform on Polygon.
New Project SpotlightNFT Collectibles[COMING SOON] ‘Crypto.com Expedition Gear’ is an all-new Crypto.com NFT collection, featuring 5 unique backpack NFTs, 25,000 collectibles to be airdropped, as well as 25,000 collectibles to be sold. [COMING SOON] ‘SANTUARIO’ is a collection by award-winning artist Laprisamata. This drop features altars that are inspired by surrealist art and adorned with ornate decorations from over the world. The collection goes live on Crypto.com NFT on 12 May. Blockchain Games[COMING SOON] Croskull is launching bitCroSkull, an exclusive Ordinals collection. Croskull will share more about the Ordinals collection in their Twitter Space, titled ‘NFTs & Ordinals: What's the future for the industry?’. [LIVE] Defira has launched their latest ‘Fanbase Mining’ competition, where gamers can submit their artwork, ideas, and fan art to win prizes. The contest runs until 11 May, and submissions can be any original content related to Defira. 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$12.43 billion, down -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 18, 27/04/2023 - 03/05/2023)
Wednesday, May 3, 2023
Cronos Labs partners with AWS for its AWS Activate programme. Bitcoin's transaction volume hits all-time high thanks to Ordinals. Circle launches USDC transfer protocol for Ethereum and Avalanche.
Market Pulse by the Crypto.com Research & Insights Team (Week 18, 25/04/2023 – 02/05/2023)
Tuesday, May 2, 2023
Crypto.com and Samsung enhance Crypto.com App for Galaxy Z Fold. Cronos Labs collaborates with AWS to support Web3 startups. Franklin Templeton launches money market fund on Polygon.
Weekly NFT & GameFi Update (Week 17, 22/04/2023 - 28/04/2023)
Friday, April 28, 2023
Bored Ape Yacht Club creator Yuga Labs wins landmark victory over copycat project. Musicians Steve Aoki and 3LAU announce track inspired by CryptoPunks. Romania launches national NFT marketplace.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 17, 20/04/2023 - 26/04/2023)
Wednesday, April 26, 2023
Third round of Ethereum withdrawals almost meets the deposits amount. Aptos introduces Delegated Staking. 1inch deploys protocols on Ethereum rollup zkSync Era.
Market Pulse by the Crypto.com Research & Insights Team (Week 17, 18/04/2022 – 24/04/2023)
Monday, April 24, 2023
EU lawmakers approve the Markets in Crypto Act (MiCA). Societe Generale introduces Euro-pegged stablecoin EURCV. TransUnion will provide credit scoring to blockchain dApps.
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