Weekly NFT & GameFi Update (Week 46, 11/11/2023 - 17/11/2023)
Weekly NFT & GameFi Update (Week 46, 11/11/2023 - 17/11/2023)Bitcoin BRC-20 trading is trending . Disney & Dapper Labs partner to launch a mobile app for NFT trading. NHL partners with Sweet to launch official digital collectibles marketplace.
Chart of the WeekNFT trading in the Bitcoin network was under the spotlight recently, with three of the top five collections in global sales being BRC-20 tokens based on the Bitcoin Ordinals protocol. Meanwhile, Bitcoin has surpassed Ethereum in NFT sales volume (US$112 million vs. US$83 million) over the last seven days. Ordinal protocol allows for the inscribing of digital content like art and text onto the Bitcoin blockchain. The BRC-20 token standard is an experimental ‘fungible token’ standard designed specifically for the Bitcoin blockchain. BRC-20 tokens are created through JSON (a text structure) inscriptions using the Bitcoin ordinals protocol. New Project SpotlightNFT Collectibles[LIVE] Blvck x PSG Luxury lifestyle brand Blvck Paris and football club Paris Saint-Germain (PSG) have collaborated on a limited set of ‘Blvck x PSG’ NFTs in mystery boxes. The collection includes Rare, Exclusive, and General NFTs, with redeemable physical goodies for lucky collectors. NFT holders get early access to Blvck x PSG product launches, discounts, giveaways, and Blvck Ecosystem membership. The reveal of the mystery box contents will happen shortly after the drop ends, and holders of ‘Exclusive’ and ’Premium’ boxes can claim their physical goodies one week later. [UPCOMING] Puppetz - Burgeois Collection 2.0 Puppetz is a private club that promotes freedom and individuality. Each member represents a unique personality and possesses a one-of-a-kind Puppet. In this club, these puppets do not succumb. They are the controllers. The latest drop consists of 1,000 rare and exclusive NFTs, known as Burgeois editions from the ‘Puppetz Burgeois 2.0’ collection. These NFTs are unique and highly sought-after. The drop also includes various utility items created by the artist. These items include the CoolbitX x Puppetz Hardware Wallet for secure digital asset storage, Genesis Puppetz NFT Cashback, Burgeois Huge Rewards, a Genesis Puppetz NFT giveaway, and three GOLD Puppetz Monetary prizes. 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$13.36 billion, growing by +8.2% from last week. News Highlights
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 46, 9/11/2023 - 15/11/2023)
Friday, November 17, 2023
Crypto.com obtains digital asset provider license in Dubai. Circle and Noble to bring native USDC to Cosmos via CCTP. Ordinals mints push Bitcoin transaction fees to reach a new peak.
Market Pulse by the Crypto.com Research & Insights Team (Week 46, 07/11/2023 - 13/11/2023)
Monday, November 13, 2023
ETH surges to a new yearly high; BlackRock plans spot ETH ETF. UBS allows clients to trade crypto ETFs in Hong Kong. HSBC to launch custody service for tokenised securities.
Weekly NFT & GameFi Update (Week 45, 4/11/2023 - 10/11/2023)
Friday, November 10, 2023
Loaded Lions: Mane City's first-ever Competitive Mode season is live. Ubisoft and Immutable collaborate to develop Web3 games. The latest episode of The Simpsons features NFTs.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 2/11/2023 - 8/11/2023)
Wednesday, November 8, 2023
Celestia launches its mainnet beta following the TIA token airdrop. Optimism introduces the Canyon Hardfork. Arbitrum DAO passes proposal to allow ARB token staking.
Market Pulse by the Crypto.com Research & Insights Team (Week 45, 31/10/2023 - 06/11/2023)
Monday, November 6, 2023
Invesco and Galaxy's spot BTC ETF appears on the DTCC website. ProShares launches the world's first short ETH ETF. Swiss National Bank working on a wholesale CBDC pilot.
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