Weekly NFT & GameFi Update (Week 35, 26/08/2023 - 01/09/2023)
Weekly NFT & GameFi Update (Week 35, 26/08/2023 - 01/09/2023)LoadedLions launched Web3 game LoadedLions Mane City. Adidas creates residency for NFT artists spanning the digital and physical realms. Lufthansa launched NFT loyalty programme on Polygon Network.
Chart of the WeekLoaded Lions: Mane City, Crypto.com and Cronos's first-ever collaborative Web3 game, launched on August 30. Mane City is a tycoon simulator featuring Web3’s most fabulous felines. Players can build their dream city from the ground up, strategise their growth, and compete against other players for fantastic rewards. The game became one of the top ten Web3 games by volume across all chains within just one day of its launch. New Project SpotlightNFT Collectibles[COMING SOON] ‘Doookie’ is a collection by PEACHEEZE, an illustrator with extensive experience in the gaming industry. This drop features the adventures of a genre-bending rock band living through a zombie apocalypse. The collection will go live on Crypto.com NFT on 1 September. [COMING SOON] ‘Mutant ROO’ is Rooit's new collection that features a series of 1,000 utility-enabled 3D NFTs. Holders can enjoy Chat2Earn capabilities, private club membership, participation in IRL events, early access to future Rooit drops, and more. The collection goes live on Crypto.com NFT on 6 September. Blockchain Games[LIVE] Loaded Lions: Mane City, a tycoon-style game powered by Cronos, went live on 30 August. Each player is an entrepreneur with the goal of building and designing their dream city. Mane City became one of the top ten Web3 games by volume across all chains within just one day of its launch. The following table shows select top collections (by weekly sales volume on each platform): The following table shows select top games by weekly volume in USD: Gaming Token PerformanceThe total market cap for gaming tokens now stands at US$8.37 billion, dropped -3.26% from last week. News Highlights
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 35, 24/08/2023 - 30/08/2023)
Wednesday, August 30, 2023
Tether releases reserves reports, confirming a $3.3B liquidity buffer to maintain $USDT stability. Aave suspends GHO minting to fix integration issue. Shibarium bridge token withdrawals are now live.
Market Pulse by the Crypto.com Research & Insights Team (Week 35, 22/08/2023 - 28/08/2023)
Monday, August 28, 2023
Australian central bank completes CBDC pilot. ARK Invest and 21Shares apply for $ETH futures ETFs. Central African Republic considers tokenising its natural resources.
Weekly NFT & GameFi Update (Week 34, 19/08/2023 - 25/08/2023)
Friday, August 25, 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.
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.
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