Weekly NFT & GameFi Update (Week 6, 03/01/2024 - 09/02/2024)
Weekly NFT & GameFi Update (Week 6, 03/01/2024 - 09/02/2024)Pandora, the new ERC-404 collection, topped NFT sales this week. Heroes of Mavia, backed by Crypto.com Capital, has surpassed one million downloads. ETH Name Service (ENS) has partnered with GoDaddy.Chart of the Week‘Pandora’ is an NFT collection that’s the first implementation of a newly introduced, experimental, and unofficial token standard called ERC-404. This new standard mixes elements from the existing ERC-20 and ERC-721 standards. In contrast to various NFT fractionalization protocols, ERC-404 is designed to achieve fractionalisation natively. Days after launch, ‘Pandora’ NFTs gained popularity swiftly. It topped the NFT sales this week by accumulating over US$37 million in sales volume since its launch on 5 February, with the average price increasing from approximately US$4,300 to more than US$22,300. New Project SpotlightBlockchain Games[Upcoming] Loaded Lions: Mane City Prosperity Blitz As Mane City prepares for its next full-fledged Competitive Mode season, players get to compete in a two-week Blitz event again and earn the opportunity to win from a prize pool of US$35,000++! 100% of Diamond spend will be allocated to the prize pool, with 70% of this being exclusive to the Prosperity Blitz. What’s more, special NFT rewards are waiting for the top player as well, including the ‘Lion’s Tenacity Award’ collectible. NFT Collectibles[Live] Project SENSAI - The Golden Army Project SENSAI is an AI-powered play-to-earn strategy game created by Red Kunai Labs. Its lead artist, Eugenia Chen, combined her passions for technological and artistic disciplines to create the generated avatars in ‘Project SENSAI - The Golden Army’. Each PFP NFT boasts unique abilities and a special backstory. The collectibles in this project grant holders access to the game and various utilities, including the ability to turn their selfie into an avatar, Bitcoin Ordinals vaulting, and airdrops. [Upcoming] The Depot Missed your chance to snag an ‘Expedition Gear’ NFT in the initial drop and previous Depot restocks? Scoop up all the tools you need in this latest Depot restock, and gear up for the next Loaded Lions: Mane City Competitive Mode event. These might just come in handy beyond the game as well. Stay tuned for more 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 $22.06 billion, increasing by 2.04% from last week. News Highlights
Recent Research Reports
Recent University Articles
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.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. |
Older messages
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 6, 01/02/2024 - 07/02/2024)
Wednesday, February 7, 2024
EigenLayer TVL surges after staking cap is temporarily removed. Solana network resumes operations after 5-hour outage. dYdX unveils 2024 roadmap with software enhancements and Permissionless Markets.
Weekly NFT & GameFi Update (Week 5, 27/01/2024 - 02/02/2024)
Wednesday, February 7, 2024
Bitcoin's NFT sales dropped by 61% in January 2024. Immutable has launched its zkEVM Mainnet. Pudgy Penguins' OverpassIP is offering licensing for NFTs.
Market Pulse by the Crypto.com Research & Insights Team (Week 6, 30/01/2024 - 05/02/2024)
Monday, February 5, 2024
BlackRock's and Fidelity's spot Bitcoin ETFs in the top 10 largest net inflows for Jan. Ethereum's Dencun upgrade goes live on the Sepolia testnet. US Federal Reserve keeps rates unchanged.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 5, 25/01/2024 - 31/01/2024)
Wednesday, January 31, 2024
Ethereum Dencun upgrade goes live on the Sepolia testnet. New developments in liquid restaking ecosystem underway; TVL reaches US$2B in Jan 2024. Immutable zkEVM launches, mainnet early access live.
Market Pulse by the Crypto.com Research & Insights Team (Week 5, 23/01/2024 - 29/01/2024)
Monday, January 29, 2024
US Spot Bitcoin ETFs see total net inflow of US$731M in first 11 days. SEC delays decision timeline on BlackRock's proposed Spot Ethereum ETF. BIS focusing on tokenisation in 2024 priorities.
You Might Also Like
WuBlockchain Weekly: Trump Accepts Cryptocurrency Donations, Binance&DWF Controversy, FTX Liquidation in Progress …
Friday, May 10, 2024
1. May 6th: Hong Kong Bitcoin Spot ETF Experiences Net Redemptions for the First Time link On May 6th, the Hong Kong Bitcoin Spot ETF experienced its first net redemption, just one week after its debut
NFT & Blockchain Gaming Weekly - 📈Fantasy Top: NFT Trading Card Game Surges on Blast
Friday, May 10, 2024
NFT Lending Volume Exceeds $2.1B in Q1, Led by Blend. Moonbirds changes copyright policy under Yuga Labs. "Gacha Grab" catapults Azuki NFT sales to $1.1M in a day. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Your bi-weekly crypto insights 📊
Thursday, May 9, 2024
Top data-driven insights from across the crypto space, to keep you ahead of trends. This week's top insight: Use of Axelar's GMP and ITS grew 39000% Flipside Crypto Onchain Insider Your bi-
Biden administration to veto overturning of controversial SEC crypto rules
Thursday, May 9, 2024
The controversial SEC bulletin impacts banks' ability to work with crypto. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
What Knowledge Is Required to Become a Web3 Developer?
Thursday, May 9, 2024
Author: Dapplink Translation: Wublockchain Original: https://mp.weixin.qq.com/s/TOFzUSsxODyR73ayGXl_ig 1. Preface With the development of Web3 to this day and the rising market value of industry
Reminder: Chainalysis And Tether Team Up To Combat Illicit Activity
Thursday, May 9, 2024
We bring you the top stories in crypto every week! Stories like... Monday May 6, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Chainalysis And Tether Team Up To Combat Illicit Activity
SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’
Wednesday, May 8, 2024
Ripple's CLO Stuary Alderoty said the SEC filing was baseless. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Integrate BTC, cooperate with Pendle and MakerDAO Can Ethena become a new generation of stablecoin?
Wednesday, May 8, 2024
Author: defioasis By holding LST and an equivalent amount of perpetual contract short positions, Ethena has created a delta-neutral CDP, pioneering a new chapter in synthetic dollars . The yield on
DeFi & L1L2 Weekly - 🎉 Crypto.com Reaches 100M Users, BlackRock’s BUIDL Becomes Largest Tokenised Treasury Fund
Wednesday, May 8, 2024
Crypto.com hits new milestone with 100 million global users. BlackRock's BUIDL is now the largest tokenised treasury fund. Ethereum devs propose EIP-7702 to enhance externally owned accounts. ͏ ͏ ͏
DeFi & L1L2 Weekly - 🎉 Crypto.com Reaches 100M Users, BlackRock’s BUIDL Becomes Largest Tokenised Treasury Fund
Wednesday, May 8, 2024
Crypto.com hits new milestone with 100 million global users. BlackRock's BUIDL is now the largest tokenised treasury fund. Ethereum devs propose EIP-7702 to enhance externally owned accounts. ͏ ͏ ͏