Although the total NFTs sales volume dropped by 21% last week in the Bitcoin network, it still boasts a strong presence in the NFT market. There were four sets of NFTs on Bitcoin within the top 10 projects by weekly sales volume. In total, they garnered US$36 million in sales across seven days.
Solana followed behind with a total of $14 million in sales, and three projects were in the top 10 projects.
As of 4 Apr 2024Sources: Cryptoslam.io , Crypto.com Research Note: * It contains a diverse assortment of digital assets on the Bitcoin blockchain that have not yet been identified as part of an established collection.
Paris-based digital artist Natacha Einat returns with her fifth Crypto.com NFT collection! Her latest drop, ‘ROOTED’, is a series of metaphors exploring the theme of trees and the four annual seasons. Just 166 surprise packs are available, with eight unique collectibles distributed among them.
There’s an incredible tale from decades or even centuries ago detailing how rainfall always accompanies aliens when they visit. Barbara Redekop brings this urban legend to life in her ‘Rainmakers’ collection, boasting 10 different NFTs spread out across 300 surprise packs.
As of 4 Apr 2024 Sources: Blur, OpenSea, Minted, Crypto.com Research
The following table shows selected top games by weekly volume in USD:
As of 4 Apr 2024 Sources: Crypto.com Research, DappRadar
Gaming Token Performance
The total market cap for gaming tokens now stands at $36.34 billion, decreasing by -8.9% from last week.
OpenSea adopts the ERC-721C standard, allowing creators to set and enforce royalties on their NFTs. This ensures proper compensation and control over their intellectual property. Creators on OpenSea can activate this feature through compatible smart contracts.
Animoca Brands’ Mocaversepublic token sale (MOCA) features 8,888,888,888 tokens, with 126,984,127 earmarked for the community. The token sale grants exclusive access to ‘Mocaverse’ NFT holders, Moca ID users, and key partners only.
Animoca BrandsJapan launches Nine Chronicles M on Coincheck NFT, introducing ’De:Centralised Cat (D:CC)’ NFTs to support Web3 projects in Japan. This facilitates the global outreach of Japanese IP in the Web3 space.
Poopcoin (POOP), launched by Doodles creator Jordan Castro, skyrockets post-airdrop, witnessing $60 million in transactions within ten hours. However, concerns arise over its uncertain future as two wallets hold over 36% of its supply. Additionally, POOP’s value is down almost 80% since inception, per CoinGecko.
Andreessen Horowitz (a16z) launches ‘SPEEDRUN’, a gaming accelerator programme which offers $30 million to 40 startups in Web3, AI, and VR gaming. The programme aims to expedite deployment within 45 days, with its Demo Day held during SF Tech Week.
Landscape of Staking Providers: An overview of the current landscape of staking service providers, the bedrock of staking in Proof of Stake chains.
Research Roundup Newsletter [February 2024]: We present to you our latest issue of Research Roundup, featuring trending market insights in February, charts of the month, and our deep dive into the DePIN market.
What Is Coq Inu and How to Buy COQ: Coq Inu opened up a new category in the world of meme coins with a play on the French word for rooster. Here’s what else to know about this trending token.
What Is BOOK OF MEME and How to Buy BOME: BOME burst onto the meme coin scene in March 2024 and has quickly captured the crypto space’s attention. Here’s an introduction to the project and the potential of its coin.
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Nothing in this report is intended to suggest that NFTs are investment products, nor securities, nor anything similar or “financial” of any description. NFTs are to be reserved for fun only and NOT with any expectation of “value”, “profit”, “yield” or “investment”. You are also aware that NFTs are not a store of value, are not a generally accepted medium of exchange, and are considered very illiquid and volatile.
NFT & Blockchain Gaming Weekly – 💪 NFTs Sales In Bitcoin Remained Strong
NFT sales in Bitcoin network remain strong. OpenSea enables creators’ NFT royalty control with ERC-721C. Animoca Brands’s Mocaverse holds MOCA public token sale.
