Weekly NFT & GameFi Update (Week 33, 12/08/2023 - 18/08/2023)
Weekly NFT & GameFi Update (Week 33, 12/08/2023 - 18/08/2023)Crypto.com releases full tutorial for Loaded Lions: Mane City. BAPE collaborates with adidas Originals to release a new sneaker. NFT collection ‘y00ts’ announces migration from Polygon to Ethereum.Chart of the WeekDeGods, one of the most valuable profile picture (PFP) projects, has experienced significantly increased trading volume in the past week. The community had a negative reaction to the first unveiling of the project’s new ‘Season III’ artwork, where each NFT was linked to four generative art pieces. In response, the team changed course by opting for a simplified design of ‘Art Downgrade’. They also introduced a game dubbed ‘Points Parlor’, which allows users to stake NFTs and earn rewards in return. Nevertheless, the floor price has plummeted as a result of whales unloading their holdings. New Project SpotlightNFT Collectibles[COMING SOON] ‘Dark Side of The Moon Festival 3023’ is a project by Zinkete, an illustrator and street artist. Dropping on 21 August on Crypto.com NFT, it details the fictional “Moon Festival”, during which the Moon becomes a centre of creativity, innovation, and inspiration. [COMING SOON] ‘Future Worlds’ is a collection by Oscar Llorens, an illustrator with 15 years of experience working with both national and international clients. This drop features strange worlds that are full of colour and optimism, portrayed through the characteristic elements of the artist's work. The collection goes live on Crypto.com NFT on 25 August. Blockchain Games[LIVE] Loaded Lions: Mane City has released new playbook updates, which include further details on supported platforms and operating systems, as well as a section that deep-dives into the game’s mechanics. The full tutorial for Loaded Lions: Mane City has also been released on YouTube. [LIVE] The Cronos Stream for ecosystem project sharing and updates featured representatives from the gaming project CroSkulls, and other projects such as Krystal DeFi, Earn Network, and Pwn.xyz. 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$8.53 billion, down -15%from last week. News Highlights
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 33, 10/08/2023 - 16/08/2023)
Wednesday, August 16, 2023
Curve Finance passes proposal to launch new stableswap pool. Microsoft partners with Aptos Labs to build new blockchain AI tools. Sei mainnet goes live.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 32, 03/08/2023 - 09/08/2023)
Monday, August 14, 2023
PayPal to issue a new stablecoin in the US. Tether unveils new software to improve Bitcoin mining. Cypher Protocol suffered an exploit with close to US$1 million in losses.
Market Pulse by the Crypto.com Research & Insights Team (Week 33, 08/08/2023 - 14/08/2023)
Monday, August 14, 2023
Crypto.com and Xsolla partner to integrate payment solutions. PayPal launches Ethereum-based stablecoin PYUSD. Brazil to launch CBDC dubbed “DREX” in 2024.
Weekly NFT & GameFi Update (Week 32, 05/08/2023 - 11/08/2023)
Monday, August 14, 2023
Cronos Discover launches, showcasing popular Cronos apps. Reebok and VeeFriends collaborate on a sneaker. Game developer nWay announces a game with Bored Ape characters.
Market Pulse by the Crypto.com Research & Insights Team (Week 32, 01/08/2023 - 07/08/2023)
Monday, August 7, 2023
ETH futures ETF applications rising. Tether unveils BTC mining software to boost efficiency and capacity.
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