Chart of the Week

Blur has garnered up to 65% market share of the NFT trading volume in recent months, driven by its incentives and rewards programmes. Blur also unlocked 193 million tokens on 15 June 2023, which increased the token circulating supply by nearly 40%.

New Project Spotlight

NFT Collectibles

[COMING SOON] ‘Puppetz - Burgeois Collection’ is a project by Sergi Tugas, an artist specialising in surrealism and concept art. Dropping on 19 June on Crypto.com NFT, it features 1,002 NFTs that are unique and rare Burgeois editions from the Puppetz collection.

[COMING SOON] ‘Coloratura’ is a collection by Julian Frener, an artist who experiments with 3D shapes and designs. This drop features unique digital artworks inspired by the vibrant landscapes of rainbow mountains around the world. The collection goes live on Crypto.com NFT on 23 June.

Blockchain Games

[COMING SOON] Croskull has released an update to their roadmap. Upcoming projects in the roadmap include an auction system, a decentralised governance (DAO) system within the Croskull family, as well as new merchandise.

[LIVE] Ballies has released a new game version, with a two-week testing competition where players can participate in bug reporting to win rewards. The available rewards include CRO, Ballies NFTs, as well as a selection of gear.

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 Performance

The total market cap for gaming tokens now stands at US$8.54 billion, down -18% from last week.

News Highlights

• NFT artist FEWOCiOUS and Adidas have teamed up on a new NFT release linked to real-life sneakers. The collection includes an NFT and a physical Adidas Originals Campus 00’s sneaker, and will launch on 22 June with a supply of 4,500 collectibles.

• Ava Labs, the firm behind the Avalanche blockchain, has announced the launch of Avalanche Arcad3, a programme for traditional game developers to explore blockchain game integrations.

• Rapper Snoop Dogg has launched the Snoop Dogg Passport, an NFT pass that unlocks access to exclusive content and opportunities related to his upcoming concert tour. Each NFT is minted on Arbitrum and is available for 0.025 ETH.

• Puma has launched its 3D metaverse experience, Black Station. The metaverse is open to the public, and those with RB tokens airdropped to Puma Pass NFT holders can purchase a digital sneaker and claim two digital wearables.

Recent Research Reports

• Research Roundup Newsletter [May 2023]: In our latest issue of Research Roundup, we feature trending market insights in May, charts of the month, and our latest research reports exploring memes — what makes them successful, their role in cryptocurrency and Web3, and the resurgence of meme mania.

• The Evolution of Memes and What Makes Them Successful: What are memes, how have they evolved, and what makes them successful? We also explore the role they play in cryptocurrency and Web3, and what the future holds for memes.

• Alpha Navigator: Quest for Alpha [May 2023]: Asset classes mostly dipped in May and cryptocurrency remains the best performer year-to-date (YTD). US debt ceiling dispute defused, and interest rate decisions from multiple central banks will be made in the coming month.

Recent University Articles

• What is Cryptocurrency: Still wondering what cryptocurrency actually is, how it works, and how to use it? We’ve got the answers in this crypto beginner’s guide.

• A Short History of Bitcoin Price: The price of BTC has experienced peaks and valleys ever since it launched in 2009. Learn all about Bitcoin's price history here.

• How to Buy Bitcoin and Other Cryptocurrencies: Wondering how to buy your first Bitcoin? Or cryptocurrency in general? Here's a step-by-step guide on crypto buying for beginners.

Disclaimer

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