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
Texas doubles down on crypto with new $250 million Bitcoin reserve bill
Tuesday, March 11, 2025
Texas' second crypto bill seeks to enhance state and local government participation in digital asset investments. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
How-ey Can Get Out of Here
Tuesday, March 11, 2025
How On-Chain Data Can Clarify the Regulation of Cryptoassets ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
February CEX Data Report: Significant Decline in Trading Volume Across Major CEXs - Spot Down 21%, Derivatives Dow…
Tuesday, March 11, 2025
In February 2025, the spot trading volume of major CEXs decreased by 21% compared to January. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
El Salvador defies IMF, continues Bitcoin purchases amid market downtrend
Monday, March 10, 2025
El Salvador's Bitcoin holdings grow to $504 million, challenging IMF directives amid sharp price declines. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🖊️ Trump signed an Executive Order for a US Strategic Bitcoin Reserve; Cronos proposed to reissue 70 billion CRO …
Monday, March 10, 2025
Trump signed an Executive Order for a US Strategic Bitcoin Reserve; Cronos proposed to reissue 70 billion CRO for a Cronos Strategic Reserve; Texas's Senate passed bitcoin reserve bill SB-21 ͏ ͏ ͏
Vitalik TAKO AMA: ETH Positioning, Sequencer Centralization, L1 vs L2, Governance, and Success Metrics
Monday, March 10, 2025
On the evening of February 19th at 12 PM UTC and lasting until 12 PM UTC on February 20th, Vitalik Buterin, the founder of Ethereum, was invited to participate in a flash text interview on Tako (a
Donald Trump Creates U.S. Bitcoin Reserve
Monday, March 10, 2025
March 10th, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Donald Trump Creates US Bitcoin Reserve Diddy Shows 'Kindness' To Sam Bankman-Fried Robinhood Conducts $1M Crypto Trivia
Bitcoin’s realized volatility surges in as traders face extreme price swings
Sunday, March 9, 2025
Volatility clustering in Bitcoin reveals the impact of turbulent rallies and sharp pullbacks. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Mar 3 to Mar 9)
Sunday, March 9, 2025
Ms. Sun Xueling, Minister of State, Ministry of Home Affairs of Singapore, said that cryptocurrency fraud cases accounted for a quarter of the total loss amount involved in fraud last year. ͏ ͏ ͏ ͏ ͏ ͏
Trump declares end to ‘war on crypto,’ vows to propel America to Bitcoin supremacy
Saturday, March 8, 2025
Trump brands the Biden era as a crypto setback, .President Trump vows to make America the Bitcoin leader, ending Operation Chokepoint 2.0 and bolstering crypto strategies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏