Weekly NFT & GameFi Update (Week 40, 30/09/2023 - 06/10/2023)
Weekly NFT & GameFi Update (Week 40, 30/09/2023 - 06/10/2023)PayPal files a patent for an NFT marketplace. Yuga Labs blocks trading of ‘Otherside Mara’ on major NFT marketplaces. Aavegotchi and The Sandbox announce plans for a game and airdrop.
Chart of the WeekYuga Labs, the creator of NFT collections like Bored Ape Yacht Club and Mutant Ape Yacht Club, has taken a strong stance on protecting creator royalties. The firm has done this by blocking the trading of its latest NFT collection ‘Otherside Mara’ on several major NFT marketplaces. These include OpenSea, Blur, LooksRare, and SudoSwap V1. This move is a response to marketplaces backtracking on their commitment to ensure fair compensation for creators when their NFTs are resold on the secondary market. Yuga Labs aims to support marketplaces that enforce royalties, such as X2Y2, Rarible, and Sudoswap V2, and only allows trading of its newest NFTs on these platforms. New Project SpotlightNFT Collectibles[LIVE] Take your explorations to the next level with Crypto.com’s latest collection, ‘Crypto.com Expedition Gear: Tools of the Trade‘. It serves as a complementary collection to the first ‘Crypto.com Expedition Gear’ drop, equipping users with the gear they need to traverse the various Crypto.com Lands. In this collection, 40,000 ‘Elite Tool’ NFTs will be available for purchase, and ‘Crypto.com Expedition Gear’ backpack NFT holders will be airdropped at least one of five unique ‘Core Tool’ NFTs. Visit the Crypto.com blog for full details. [COMING SOON] Created by DeFi The Game, ‘The International Game‘ collection features NFTs that celebrate cricket’s growth into a worldwide sport enjoyed by billions. Purchasing an NFT grants purchasers a redeemable, giving holders a chance to watch high-profile and first-class cricket fixtures in locations such as India, South Africa, England, Australia, and the UAE. The following table shows selected top games by weekly volume in USD: Gaming Token PerformanceThe total market cap for gaming tokens now stands at US$8.25 billion, growing by +1.7% from last week. News Highlights
Recent Research Reports
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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 40, 28/09/2023 - 04/10/2023)
Wednesday, October 4, 2023
Weekly DeFi Index This week's market cap, volume, and volatility indices were positive at +3.50%, +28.44%, and +154.61%, respectively. Chart of the Week Crypto.com announced it has teamed up with
Market Pulse by the Crypto.com Research & Insights Team (Week 40, 26/09/2023 - 03/10/2023)
Tuesday, October 3, 2023
Crypto.com becomes a preferred PYUSD exchange. Ether futures ETFs have arrived. UBS launches tokenised money market fund pilot.
Weekly NFT & GameFi Update (Week 39, 23/09/2023 - 29/09/2023)
Friday, September 29, 2023
Crypto.com and Paris Saint Germain partner to release a series of free NFT posters. Pudgy Penguins debuts its toy collection line in Walmart stores. BAYC and BAPE unveil streetwear collaboration.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 39, 21/09/2023 - 27/09/2023)
Wednesday, September 27, 2023
Google Cloud expands to blockchain data, adding 11 networks, including Cronos. Aave v3 to launch on Polygon zkEVM. Mixin Network and HTX suffered hacks with millions in losses.
Market Pulse by the Crypto.com Research & Insights Team (Week 39, 19/09/2023 - 25/09/2023)
Monday, September 25, 2023
Federal Reserve holds interest rates steady. Nomura introduces a Bitcoin exposure fund. Citigroup's new blockchain service to facilitate payments and liquidity.
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