Weekly NFT & GameFi Update (Week 36, 02/09/2023 - 08/09/2023)
Weekly NFT & GameFi Update (Week 36, 02/09/2023 - 08/09/2023)Loaded Lions announced upcoming features for Mane City. Yuga Labs set to release its upcoming Otherside metaverse game. Google allows ads for blockchain-based NFT gaming.Chart of the WeekLoaded Lions: Mane City, Crypto.com and Cronos's first-ever collaborative Web3 game, launched on 30 August. The game gained significant traction in the community, and the trading volume reached over US$372,000, surging by 238.32% from last week. It’s currently one of the top ten Web3 games by volume across all chains. New Project SpotlightNFT Collectibles[LIVE] ‘Mutant ROO’ is Rooit's new collection featuring 1,000 utility-enabled 3D NFTs. Holders can enjoy chat-to-earn capabilities, private club membership, participation in IRL events, early access to future drops, and more. The collection went live on Crypto.com NFT on 6 September. [COMING SOON] Created by the seasoned sand artist SANDBANG, ‘Sand Lions’ is a collection containing unique 5,000 PFP collectibles created with sand. It tells the story of ancient lion warriors gathering to annihilate rampant evil and prepare for future wars. 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 among the top ten Web3 games by volume across all chains this past week. 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, almost the same as last week. News Highlights
Recent Research Reports
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 36, 31/08/2023 - 06/09/2023)
Wednesday, September 6, 2023
Cronos Labs kicks off recruitment for its US$100M accelerator program. MakerDAO founder proposes new native chain of Solana fork. Polygon zkEVM is now fully open-source, unveils Dragon Fruit upgrade.
Market Pulse by the Crypto.com Research & Insights Team (Week 36, 29/08/2023 - 04/09/2023)
Monday, September 4, 2023
SEC delays decision on BTC spot ETFs; Grayscale wins SEC lawsuit for BTC ETF review. Swift and Chainlink tokenisation experiment succeeds. X obtains licences to process payments in multiple US states.
Weekly NFT & GameFi Update (Week 35, 26/08/2023 - 01/09/2023)
Friday, September 1, 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.
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.
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