NFT & Gaming Weekly - 📈 OpenSea is set to undergo a revamp; McDonald's announced a collaboration with NFT brand D…
NFT & Gaming Weekly - 📈 OpenSea is set to undergo a revamp; McDonald's announced a collaboration with NFT brand DoodlesOpenSea is set to undergo a significant revamp. McDonald's announced a collaboration with NFT brand Doodles. Lamborghini launches Fast ForWorld Revuelto NFT mint.Quick Take
Chart of the WeekNFT marketplace OpenSea will undergo a significant revamp, and is expected to launch in December 2024. This overhaul aims to address increasing competition from emerging platforms, as well as regulatory scrutiny from the US SEC. CEO Devin Finzer described the reboot as a complete reimagining of OpenSea, featuring major technical and user experience changes, although specific details remain limited. OpenSea lost its dominant market position in 2023, when competitors like Blur and Magic Eden gained more popularity with a series of incentives. At the time of writing, Blur dominated the NFT market with a 46% share in terms of trading volume, while OpenSea and OpenSea Pro occupied about 23% of market share. 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$25.68 billion, increasing by +16.52% from the past 14 days. New Projects SpotlightNews Highlights
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We’re all ears.Your feedback helps make our reporting more insightful. Tell us how we can improve this newsletter by taking the survey below. It will take less than a minute of your time. Thank you! AuthorsResearch and Insights Team 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.Thank you for reading! We hope you find our Weekly NFT & Blockchain Gaming 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! Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming is free today. But if you enjoyed this post, you can tell Crypto Trends from Crypto.com: Market, DeFi, NFT, Gaming that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
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DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches …
Friday, November 15, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📈 BTC reached a new all-time high above US$81,000 on 11 Nov; Crypto.com unveiled its 2025 roadmap and the Level U…
Monday, November 11, 2024
BTC reached a new all-time high above US$81000 on 11 Nov; Crypto.com unveiled its 2025 roadmap and Level Up program; Crypto.com partnered with Ingenico to bring crypto payments to Ingenico merchants ͏
DeFi & L1L2 Weekly — 📈 Polymarket hits US$2.5 billion in volume amidst the US presidential election; TON Foundat…
Wednesday, November 6, 2024
Polymarket hits a record of $2.5 billion in volume amidst the US presidential elections. TON Foundation launches Society DAO to enhance decentralised governance. Swell launches optimistic rollup in Op
🤝Crypto.com acquired SEC-registered broker-dealer Watchdog Capital; Crypto.com ranked as the top USD-supported cr…
Monday, November 4, 2024
Bitcoin ETFs hold over a million BTC ($70.4 billion); the Crypto.com Exchange ranked as the top USD-supported crypto exchange in October; UBS launched a tokenised fund on Ethereum. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 📈 NFT market sees first positive monthly growth since March 2024; Pudgy Penguins…
Friday, November 1, 2024
📈 NFT market sees positive monthly growth in Oct 🚀 Yuga Labs launches Layer-3 chain ApeChain on Arbitrium 🐧 Pudgy Penguins is developing a mobile game and launched its toy line in Walgreens ͏ ͏ ͏ ͏ ͏ ͏
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DeFi & L1L2 Weekly — 📈 Ethena's USDe overtook Sky’s USDS to become the third-largest stablecoin; EigenLayer upgra…
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Ethena's USDe overtook Sky's USDS to become the third-largest stablecoin. EigenLayer upgraded its restaking rewards. Movement launched its mainnet and MOVE token. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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