NFT & Blockchain Gaming Weekly (20/01/2023)

Yuga Labs’ Sewer Pass NFT collection yields over $6 million in sales. Seoul government opens metaverse project to the public. Yves Saint Laurent files NFT trademark applications.

New Project Spotlight

NFT Collectibles

[COMING SOON]“Colourful Imagination” paints a surreal world filled with rich emotions. This project is created by NAKTA, a Korean graphic artist who combines photography and digital collage techniques, and it drops exclusively on Crypto.com NFT on 23 January 2023.

[COMING SOON] “Plastic 77“ is a collection by Skie, an artist from Rome, Italy. Dropping on 30 January, it features a parallel metaverse where the only light sources are LEDs and neon.

Blockchain Games

[COMING SOON] Croskull’s Season 3 will be ending in a week’s time, with characters such as the Legendary LaserCrab still waiting for its owner. The game announced that it has contributed to more than 370,000 transactions on Cronos chain.

[COMING SOON]Defira’s unique stickers will soon be available in the LINE app, allowing users to take their chats to the next level. The game is also looking to expand its stickers to other platforms based on users’ feedback.

NFT Metrics

The following table shows select top collections (by weekly sales volume on each platform) and a sample of their art:

Platform	Collection	Sales Volume (USD)	Floor Price (USD)	Sample
OpenSea	Sewer Pass	$18,684,000 (—)	$3,570
OpenSea	CryptoPunks	$6,220,000 (-6%)	$104,300
Crypto.com NFT	Loaded Lions	$299,100 (+53%)	$1,900
Crypto.com NFT	Crypto.com Land – The First Frontier	$78,700 (-12%)	$50
Minted	Eyeball Balldroid Gen 0	$54,300 (—)	$120
Minted	VVS Miner Mole	$36,200 (+15%)	$190

Blockchain Game Metrics

The following table shows select top games by weekly Unique Active Wallets (UAW):

Game	Blockchain(s)	UAW	Volume	Logo
Splinterlands	Hive, WAX	317K (+7%)	$8K
Planet IX	Polygon	107K (+9%)	$157K
Axie Infinity	Ronin, ETH	49K (+21%)	$21.1M
Era7: Game of Truth	BNB Chain	41K (+1%)	$37K
Meta Apes	BNB Chain	38K (+1%)	$419K

Gaming Token Performance

The total market cap for gaming tokens now stands at US$7.28 billion, up +19% from last week.

News Highlights

• Yuga Labs‘ Sewer Pass NFT collection managed to yield over 4,000 ETH (over US$6 million) in total sales volume within hours of release. The Sewer Passes grant holders access to play a skill-based game called Dookey Dash.
• The Seoul government has opened the city’s metaverse project to the public. Residents of South Korea’s capital city are able to access official documents, file complaints, and receive answers in a virtual environment.
• Yves Saint Laurent, a French luxury fashion house with €5.57 billion in annual revenue, has filed metaverse and NFT trademark applications. The company will offer downloadable virtual goods such as makeup, skincare, and more for use in virtual worlds and metaverses.

Recent Research Reports

Crypto Market Sizing Report 2022: New research released by Crypto.com reports that global cryptocurrency owners increased by 39% in 2022, rising from 306 million in January to 425 million in December.	2022 Year Review & 2023 Year Ahead: 2022 has been a rollercoaster ride for the crypto industry. In this report, we curate the top ten crypto events and trends of 2022, followed by our outlook for 2023.	Alpha Navigator: Quest for Alpha [December 2022]: The new year has seen crypto outperforming equities and gold. BTC options’ implied volatilities are subdued while perpetual futures funding rates are positive.

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Authors

Research and Insights Team

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