Weekly NFT & GameFi Update (Week 30, 22/07/2023 - 28/07/2023)
Weekly NFT & GameFi Update (Week 30, 22/07/2023 - 28/07/2023)Cronos launches Summer Cruise campaign. Minted activates NFT trading rewards feature. Bored Ape Yacht Club holders now can register Ape-centric products on ‘Made by Apes’ platform.Chart of the WeekReddit has launched the fourth generation of its ‘Collectible Avatars’ NFT series, titled ‘Retro Reimagined’. The new ‘Collectible Avatars’ drop features NFTs based on the ‘Cool Cats’ NFT collection and artist Micah Johnson’s ‘Aku’ NFT character. Each avatar in this collection is a limited edition piece, with prices ranging from US$2.49 to US$199.99 per NFT. New Project SpotlightNFT Collectibles[COMING SOON] ‘ORACULUS’ is a project by MORATIEL, an artist with experience in sculptures, 3D animation, and technology-led art. Dropping on 31 July on Crypto.com NFT, it features interactive artwork in a mobile app. NFT holders will have access to the Oracle, an angel that can answer queries using AI on both Android and iOS devices. [COMING SOON] ‘Derby Stars: Raise, Race and Launch Pack1’ is a collection by Derby Stars, a horse racing metaverse game where players can breed and grow virtual horses. This drop includes a commemorative teddy bear costume and a non-tradable horse sporting a special design. The collection goes live on Crypto.com NFT on 3 August. Blockchain Games[LIVE] D.G.Pals has unveiled more details about DGP New World, a gateway into the world of Panterra, which serves as an incubator for DGEggs. Each DGEgg is associated with a distinct egg type and once it completes its evolution, a DGPal can be minted as an NFT. [COMING SOON] Eyeball Games is set to launch its Phase 2 update, which will include multiplayer head-to-head matches and additional tournament formats. Eyeball Games and its upcoming launch of Eyeball Pool was also recently featured by Cointelegraph. 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$10.09 billion, down -0.2% 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 30, 20/07/2023 - 26/07/2023)
Wednesday, July 26, 2023
Wormhole Foundation launches Gateway for Cosmos appchains. Optimism moves forward with two proposals to add ZK-proofs. CLabs plans to migrate Celo blockchain to Ethereum Layer-2.
Market Pulse by the Crypto.com Research & Insights Team (Week 30, 18/07/2023 - 24/07/2023)
Monday, July 24, 2023
Reddit tokens MOON and BRICK surge on terms of service change. Bäumer Vendôme launches jewellery NFT collection on Crypto.com NFT.
Weekly NFT & GameFi Update (Week 29, 15/07/2023 - 21/07/2023)
Friday, July 21, 2023
Cronos announces a new partnership with Ubisoft. OpenSea launches peer-to-peer NFT swap function, 'Deals'. Gucci partners with auction house Christie's for an NFT sale.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 29, 13/07/2023 - 19/07/2023)
Wednesday, July 19, 2023
Uniswap launches the UniswapX protocol. Aave launches decentralised stablecoin GHO on Ethereum, with US$2M minted to date. zkSync Era unveils its latest prover tech upgrade Boojum.
Market Pulse by the Crypto.com Research & Insights Team (Week 29, 11/07/2023 - 17/07/2023)
Monday, July 17, 2023
District Court Judge rules $XRP is not a security in some situations. BlackRock's spot $BTC ETF application advances toward SEC review. Indonesia set to launch national crypto exchange.
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