Weekly NFT & GameFi Update (Week 34, 19/08/2023 - 25/08/2023)
Weekly NFT & GameFi Update (Week 34, 19/08/2023 - 25/08/2023)OpenSea stops enforcing royalty fees on NFT secondary sales. Yuga Labs winds down support for OpenSea. Magic Eden pledges US$1 million fund to support Polygon NFTs.Chart of the WeekOpenSea has announced that it will stop enforcing creator royalty fees on secondary sales of NFTs. From 31 August onwards, artists who list new projects on OpenSea will not be able to make it compulsory for buyers to pay a creator fee. Instead, artists will only be able to indicate their preferred creator fee, which buyers can choose to pay as a tip. Previously, creator fees typically ranged from 2.5% to 10%. New Project SpotlightNFT Collectibles[COMING SOON] ‘VIV ANDERSON’ is a project from PlayOnPro featuring Viv Anderson, a former English professional footballer, and the first person of African descent to play for England's national football team. Dropping on 28 August on Crypto.com NFT, it includes digitised sports memorabilia, career highlights, autographed merchandise, and exclusive experiences with Viv Anderson. [COMING SOON] ‘Doookie’ is a collection by FriedFriday, an illustrator with extensive experience in the video games industry. This drop features the adventures of Peacheeze, a genre-bending rock band that is especially fond of punk rock and nu-metal. The collection goes live on Crypto.com NFT on 1 September. Blockchain Games[LIVE] The narrative team of D.G.Pals has completed several new updates, including a storyboard for a new animated chapter and descriptions for items in Legends. Moving forward, the team will also release new stories and characters, along with an improved UI and upgrade system. [COMING SOON] Eyeball Games is implementing the forging of pool cues in the Eyeball Pool game. Players are able to combine five distinct parts to create their perfect cue. Eyeball Games is also hosting a side event with Polygon Labs at TOKEN2049, where Balldroid holders are eligible to attend the event upon signing up. 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): News Highlights
Recent Research Reports
Recent University Articles
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 34, 17/08/2023 - 23/08/2023)
Wednesday, August 23, 2023
New Ethereum testnet Holesky scheduled to launch in September. Tether stops support for USDC on three blockchains. Shibarium resumes block production after a brief pause after its mainnet launch.
Market Pulse by the Crypto.com Research & Insights Team (Week 34, 15/08/2023 - 21/08/2023)
Monday, August 21, 2023
PayPal introduces Cryptocurrencies Hub. Europe gets its first Bitcoin ETF. CME Group is launching Bitcoin reference rates for the Asia Pacific region.
Weekly NFT & GameFi Update (Week 33, 12/08/2023 - 18/08/2023)
Friday, August 18, 2023
CryptoCom 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
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.
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