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Weekly NFT & GameFi (Week 30, 29/07/2022 – 04/08/2022)

Jewellery retailer Tiffany & Co. launches exclusive offer for CryptoPunks NFT holders. Magic Eden will soon be integrating Ethereum NFTs. GameFi and Metaverse were the crypto sectors that were least affected by the Terra debacle.

Aug 05, 2022
Weekly Gamefi Newsletter

Key Takeaways

  • CryptoPunks NFT sales jumped 248% after luxury jewellery retailer Tiffany & Co. announced that holders can create a custom gold pendant in the likeness of their punk, and receive an complementary NFT.
  • Leading Solana NFT marketplace Magic Eden will soon be integrating Ethereum NFTs on its platform, helping the platform extend its presence across Web3 communities.
  • According to a report by DappRadar, GameFi and NFT-related metaverse projects were the crypto sectors that were least affected by the Terra debacle. In Q2, they posted transaction count increases of 9.5% and 27%, respectively.
  • X2Y2 recorded a +8% increase in sales and a -25% decrease in transactions. Meanwhile, OpenSea‘s sales were positive at +20%, while its transaction count also increased +25%.
  • The total market cap for GameFi tokens now stands at US$10.35 billion, up +2% from last week.

Crypto.com NFT in the Spotlight

  • Crypto.com and K-pop agency Fantagio entered a joint venture to pursue NFT projects. Fantagio manages K-pop idol groups such as ASTRO and Weki Meki, as well as South Korean actors like Cha Eun-woo and Ong Seong-woo.
  • “Neon Heritage” focuses on the appreciation and conservation of a major part of Hong Kong’s one-of-a-kind visual identity. Upon learning that his home city of Hong Kong was removing its captivating neon signs, photographer Sean Foley made it his mission to capture them all before they are gone.

NFT Highlights

GameFi Highlights

NFT Transaction Benchmark

Image 6

The following chart shows selected top NFTs and their historical floor prices.

Top Collections

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

Image 3

GameFi Top Gainers & Losers

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*Gaming Infrastructure tokens: ENJ, FLOW, WAXP, UOS, MBOX, DAWN, GALA, IMX
*Gaming Utility tokens: AXS, MANA, SAND, ALICE, ILV, ATLAS, POLIS, GODS, GMT, DAR, AURY, APE, PYR
*Gaming Guild tokens: YGG, MC, UNIX, GGG, AGV

Top Games Metrics

Image 5
* Week-on-Week (WoW) % change is calculated based on the differences between two consecutive seven-day periods
* Users refer to the number of unique wallet addresses interacting with the dApp’s smart contracts
* Weekly Volume refers to the total amount of incoming value to the dApp’s smart contracts during the seven-day period

* Weekly Transactions refer to the no. of transactions made on the dApp’s smart contracts during the seven-day period* Stickiness refers to the ratio of daily active users (DAU) to monthly active users (MAU). A high stickiness means users consistently return to the dApp.
* Weekly volume using Splinterlands data is approx US$332K.* Alien Worlds, Splinterlands, MOBOX, Sunflower Land, Pegaxy, SecondLive, Axie Infinity, DeFi Kingdoms data 
from DappRadar
* STEPN data from Dune Analytics

Daily Gamers by Blockchain

Authors

Research and Insights Team

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Ethereum / Dogecoin / Dapp / Tokens