Weekly NFT & GameFi Update (Week 48, 25/11/2023 - 01/12/2023)
Weekly NFT & GameFi Update (Week 48, 25/11/2023 - 01/12/2023)DeGods NFT trading surged after a series of announcements from its creator. Azuki DAO rebrands to ‘Bean’ to shift towards a meme-inspired project. Rari Foundation launches a blockchain testnet.
Chart of the WeekDeGods and y00ts creator Rohun Vora (known as Frank) made a series of announcements on 28 November about the future of these projects and DeLabs, the company behind them. They include new art for DeGods called Season 3.33, a remaster of y00ts, and the launch of de[starter], a crowdfunding platform. Frank also introduced deToX, a content curation and messaging app, and de[id], a social identity service that will assess reputation and support the $DUST ecosystem. While some holders are cautiously optimistic, others remain sceptical based on the company’s history of rapid pivots. After Frank’s announcement, DeGod NFT trading surged significantly, with +126% and +152% growth in the number of sales and volume week-over-week, respectively. New Project SpotlightNFT Collectibles[Upcoming] Dark Lions Crypto.com provides the backstory of the Dark Lions, a group of apex predators from 370 years in the future who once lived in harmony with the Loaded Lions. After conflicts tore the two factions apart, they decided to travel back in time to the present to stop the rise of the Loaded Lions and take Mane City for themselves. The Cyber Cubs join forces with the Loaded Lions, and the battle for dominance begins. Stay tuned for more details about the Dark Lions mint and the perks they grant collectors. [Upcoming] SYNTHKIDDOS The SYNTHKIDDOS, a group of young pioneers in the digital age, stumbled upon the TMK Mansion, where they encountered the Great Alchemist and learned that blending capsules with creativity and cybernetics grants immortality. Intrigued, the SYNTHKIDDOS ingested the DNA capsules, gaining eternal life and existing in both physical and digital realms. Collectors can access NFT airdrops, meetings with artists and the team, IRL and metaverse events, and more. [LIVE] PHAZES S3 Bandanaboi’s PHAZES project features unique digital artworks on the Crypto.org Chain. It includes three seasons, with the upcoming drop being the final one consisting of 50 NFTs. The artist has also announced a special edition NFT airdrop and giveaways for canvas art prints and t-shirts to accompany the collection. For more information, visit the PHAZES website. NFT MetricsBlockchain Game MetricsThe following table shows selected top games by weekly volume in USD: Gaming Token PerformanceThe total market cap for gaming tokens now stands at US$14.86 billion, growing by +9.02% from last week. News Highlights
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 23/11/2023 - 29/11/2023)
Wednesday, November 29, 2023
Blast skyrockets with nearly US$600M in TVL days after launch. dYdX completes mainnet migration, rolls out a $20M launch incentive program. Cosmos founder calls for chain split to create AtomOne.
Market Pulse by the Crypto.com Research & Insights Team (Week 48, 21/11/2023 - 27/11/2023)
Monday, November 27, 2023
Cosmos Hub to decrease max. inflation rate of ATOM. South Korea to pilot CBDC with 100K citizens in 2024. Santander Private Bank to offer BTC and ETH trading.
Weekly NFT & GameFi Update (Week 47, 18/11/2023 - 24/11/2023)
Friday, November 24, 2023
Pacman from Blur launches a new L2 network dubbed Blast. Nike collaborates with RTFKT to release NFT-infused sneakers. Ubisoft unveils an NFT giveaway for its new game.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 47, 16/11/2023 - 22/11/2023)
Wednesday, November 22, 2023
Circle launches 'bridged USDC standard' on new networks. Aave Companies rebrands to Avara, acquires crypto wallet Family. Eigenlayer to launch second phase of its mainnet in H1 2024.
Market Pulse by the Crypto.com Research & Insights Team (Week 47, 14/11/2023 - 20/11/2023)
Monday, November 20, 2023
Crypto.com granted Virtual Asset Service Provider licence in Dubai. Fidelity and BlackRock apply for spot $ETH ETFs. CBOE to launch $BTC and $ETH margin futures trading in Jan 2024.
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