Weekly NFT & GameFi Update (Week 41, 07/10/2023 - 13/10/2023)
Weekly NFT & GameFi Update (Week 41, 07/10/2023 - 13/10/2023)Starbucks launches NFTs for the Pumpkin Spice Latte. World of Women partnered with Monopoly for a special edition of the game. Nike and RTFKT collaborate to release NFT-enriched sneakers.Chart of the WeekAlthough blockchain gaming activity in 2023 so far has been lower than last year, the latest data from DappRadar shows that the average number of daily unique active wallets (UAW) in Q3 has increased by +12% quarter-over-quarter to 787K. On August 30, Crypto.com and Cronos launched their first-ever collaborative Web3 game, Loaded Lions: Mane City, which has gained significant traction in the community. The trading volume of the game has exceeded US$931,666 since its launch. New Project SpotlightNFT Collectibles[LIVE] 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. [COMING SOON] The ‘ACFC x Las Fotos Project NFT’ is a collaborative project between Angel City Football Club (ACFC), Crypto.com, and Las Fotos Project, a non-profit elevating the voices of teenage girls and gender-expansive youth from communities of color through photography and mentoring. The collection represents the values that ACFC and the Las Fotos Project share, and is specifically designed for Supporter Season Ticket Holders who play an irreplaceable role in the ACFC fan base, and the LA community as a whole. [COMING SOON] ‘Ape Royal’ is an exclusive art collection created by artist Kaysha. Each NFT features a unique depiction of an ape living the life of luxury and royalty, and the drop includes various utility items including New art from future collection (Smooth Catz Club) and exclusive Ape Royal apparel. Blockchain Games[COMING SOON] The Merchant of Croskull announced major changes for its upcoming Season 6, bringing a wind of novelty and mystery to the world of Croskull. Head over to the blog for full details. 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
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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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Market Pulse by the Crypto.com Research & Insights Team (Week 42, 10/10/2023 - 16/10/2023)
Thursday, October 19, 2023
Ferrari to accept cryptocurrency payments in the US. Mastercard tests a new solution to tokenise CBDCs. JPMorgan debuts in-house blockchain tokenisation application.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 42, 12/10/2023 - 18/10/2023)
Thursday, October 19, 2023
Uniswap to charge a 0.15% swap fee on select assets. Ethereum L2 Scroll launches on mainnet. Platypus loses over $2M from a flash loan attack, its third exploit in 2023.
Market Pulse by the Crypto.com Research & Insights Team (Week 41, 04/10/2023 - 09/10/2023)
Monday, October 9, 2023
BTC's “Uptober” intact so far this month. Hong Kong Stock Exchange uses smart contracts to help post-trade flows. Bank of Korea and Bank for International Settlements test Korean CBDC.
Weekly NFT & GameFi Update (Week 40, 30/09/2023 - 06/10/2023)
Friday, October 6, 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.
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
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