Weekly NFT & GameFi Update (Week 31, 29/07/2023 - 04/08/2023)
Weekly NFT & GameFi Update (Week 31, 29/07/2023 - 04/08/2023)Crypto.com releases a ‘Spot the Difference’ game with NFT prizes. Yuga Labs acquires metaverse startup Roar Studios. Starbucks Odyssey launches its eighth NFT collection, ‘Green Apron’.Chart of the WeekThe number of Ordinal inscriptions minted on the Bitcoin blockchain recently surpassed the 20 million milestone. The Bitcoin Ordinals team has created a non-profit organisation to support the development of its protocol named the Open Ordinals Institute, which will enable the team to accept tax-deductible donations. The Ordinals team also launched Ordinals.org, a platform for posting community updates and other Ordinals-related resources. New Project SpotlightNFT Collectibles[COMING SOON] ‘The Jellyfishes Places: An Experience’ is a project by Tony Lopez, a 3D artist and videographer. Dropping on 7 August on Crypto.com NFT, it features eight immersive audiovisual NFTs of places where the viewer can be surrounded by floating jellyfish. [COMING SOON] ‘Lil Bitcoin Chapter 3: The Road Home’ is a collection by Lil Bitcoin, a decentralised avatar rapper created by record producer Mitch Mula and visual artist TillaVision. This drop consists of four NFTs, including the highly coveted Chapter 3 physical comic book. The collection goes live on Crypto.com NFT on 9 August. Blockchain Games[LIVE] Cronos is participating in the Seoul Web3 Festival, with its booth featuring various games on its blockchain, such as Loaded Lions: Mane City, MarbleVerse, Eyeball Games, and D.G. Pals. [LIVE] Eyeball Games has unveiled its latest Phase 2 cue stick attributes. The five new attributes are aim, power, spin, efficiency, and health. Eyeball Games has also joined Immutable as a partner and released new Balldroid fan art. 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$9.96 billion, down -1% 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 31, 27/07/2023 - 02/08/2023)
Wednesday, August 2, 2023
Crypto.com secures registration approval in Netherlands. MakerDAO votes to implement ESDR via GOV12.1.2 proposal. Curve Finance confirms various Ethereum pools hacked.
Market Pulse by the Crypto.com Research & Insights Team (Week 31, 25/07/2023 - 31/07/2023)
Monday, July 31, 2023
Crypto.com partners with LINE Xenesis. Crypto.com secures registration approval in the Netherlands. Worldcoin $WLD makes headlines.
Weekly NFT & GameFi Update (Week 30, 22/07/2023 - 28/07/2023)
Friday, July 28, 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.
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.
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