NFT & Blockchain Gaming Weekly (01/06/2023)

New BRC-721E token standard enables transfer of ERC-721 NFTs to Ordinals. Reddit Collectible Avatars NFTs surpasses 10 million holders. Mercedes Benz to release NFT collection ‘Maschine’.

Jun 01, 2023
Crypto.com NFT and Gaming

Chart of the Week

Data shows that in the past 30 days, the total sales volume for Bitcoin NFTs has grossed US$192 million, which made Bitcoin the second largest blockchain for NFTs, just behind Ethereum.

Check out our research report: Bitcoin’s Expanding Ecosystem: Layer-2, DeFi, NFT.

Bitcoin NFTs Sales Volume

New Project Spotlight

NFT Collectibles

[COMING SOON] Jewelry ART 1.0 is a project by Jewelry cryptoART, a jewelry designer based in France. Dropping on 5 June on Crypto.com NFT, it explores the marriage of technology and craftsmanship, and offers collectors a new way to appreciate and own jewelry-inspired artwork.

Jewelry cryptoART

[COMING SOON] MindScape: A Journey into the Inner Mind is a collection by fantasy artist Rosco Adrian. This drop highlights the surreal and fantastical nature of how our subconscious works and its beautiful inner chaos. The collection goes live on Crypto.com NFT on 16 June.

mindscape: A Journey into the Inner Mind

Blockchain Games

[LIVE] D.G.Pals has launched free-to-play game Merge Defence, where players are able to participate by creating an account on the D.G.Pals website. Players who rank among the top 500 teams are eligible to earn a whitelist spot for the game’s subsequent Starter Bundle Mint.

Merge Defence

[LIVE] Snook has released the Themed Rooms feature, where players can design and play in their own environment with their community. This helps to foster crypto communities, and enables Snook playing grounds with distinct branding and graphics.

Themed Rooms feature

NFT Metrics

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

PlatformCollectionSales Volume (USD)Floor Price 
(USD)
Sample
OpenSeaBored Ape Yacht Club$28,095,000
(+113%)
$89,300Image25
OpenSeaMutant Ape Yacht Club$20,603,000
(-23%)
$18,400Image14
Crypto.com NFTCrypto.com Expedition Gear$251,200
(+34%)
$7Image6
Crypto.com NFTLoaded Lions$73,600
(+22%)
$1,300Image9
MintedVVS Miner Mole$73,600
(+22%)
$160Image1
MintedCronos Cruisers$10,800
(-20%)
$480Image23
PlatformOpenSea
CollectionBored Ape Yacht Club
Sales Volume (USD)$28,095,000
(+113%)
Floor Price 
(USD)
$89,300
SampleImage25
PlatformOpenSea
CollectionMutant Ape Yacht Club
Sales Volume (USD)$20,603,000
(-23%)
Floor Price 
(USD)
$18,400
SampleImage14
PlatformCrypto.com NFT
CollectionCrypto.com Expedition Gear
Sales Volume (USD)$251,200
(+34%)
Floor Price 
(USD)
$7
SampleImage6
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$73,600
(+22%)
Floor Price 
(USD)
$1,300
SampleImage9
PlatformMinted
CollectionVVS Miner Mole
Sales Volume (USD)$73,600
(+22%)
Floor Price 
(USD)
$160
SampleImage1
PlatformMinted
CollectionCronos Cruisers
Sales Volume (USD)$10,800
(-20%)
Floor Price 
(USD)
$480
SampleImage23
As of 1 Jun 2023 Sources: OpenSea, Minted, Crypto.com Research

Blockchain Game Metrics

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

GameBlockchain(s)UAWVolumeLogo
SplinterlandsHive, WAX89K
(+17%)
$2KImage9 1
Hippo Dash by GametaBNB Chain79K
(—)
$5KImage16
IskraKlaytn, Ethereum44K
(-68%)
$117KImage5
Axie InfinityRonin, Ethereum33K
(+4%)
$14.6MImage13
Planet IXPolygon28K
(-20%)
$429KImage11
GameSplinterlands
Blockchain(s)Hive, WAX
UAW89K
(+17%)
Volume$2K
LogoImage9 1
GameHippo Dash by Gameta
Blockchain(s)BNB Chain
UAW79K
(—)
Volume$5K
LogoImage16
GameIskra
Blockchain(s)Klaytn, Ethereum
UAW44K
(-68%)
Volume$117K
LogoImage5
GameAxie Infinity
Blockchain(s)Ronin, Ethereum
UAW33K
(+4%)
Volume$14.6M
LogoImage13
GamePlanet IX
Blockchain(s)Polygon
UAW28K
(-20%)
Volume$429K
LogoImage11
As of 1 Jun 2023 Sources: DappRadar, Crypto.com Research

Gaming Token Performance

The total market cap for gaming tokens now stands at US$11.01 billion, up +1% from last week.

Gaming Top Gainers and Losers

News Highlights

  • The BRC-721E token standard, jointly launched by the Ordinals market and the ‘Bitcoin Miladys’ NFT collection, allows traders to transfer their ERC-721 NFTs to Ordinals. During the process, Ethereum-based NFT holders will burn their tokens and inscribe them onto a satoshi in the Bitcoin network.
  • Reddit Collectible Avatars NFTs have surpassed 10 million holders, driven by a recent free minting of Ubisoft’s Rabbids NFTs. The Rabbids NFTs are traded on marketplaces like OpenSea, with the highest recorded sale being Unicorn Rabbid #9 for $669 (0.35 ETH).
  • Mercedes Benz’s Web3 arm is set to release an NFT collection titled ‘Maschine’. The generative art collection draws inspiration from automotive concepts, and consists of 1,000 unique Ethereum-based tokens featuring themes of velocity and perception, with the artwork mimicking a wheel in motion.
  • All Nippon Airways (ANA), the largest airline in Japan, has launched an aeronautical-themed NFT marketplace. The platform, named the ‘ANA GranWhale NFT Marketplace’, will feature an inaugural collection created by aerial photographer Luke Ozawa.

Recent Research Reports

Research Roundup 2Alpha Navigator 1Bitcoin Ecosystem 4
Monthly Research Roundup (April 2023): In this issue, we feature trending market insights, and our latest research reports take a closer look into Bitcoin’s expanding ecosystem, specifically Layer 2s, DeFi, and NFTs.Alpha Navigator: Quest for Alpha [April 2023]: Asset classes were generally flat in April, with cryptocurrency outperforming other assets. The US Federal Reserve could be on the cusp of ending its interest rate hike cycle.Bitcoin’s Expanding Ecosystem: Layer-2, DeFi, NFT: The landscape of the latest projects building on top of Bitcoin is expanding beyond payments. It now includes Layer-2 scaling solutions and key application categories like DeFi and NFTs.
Research Roundup 2
Alpha Navigator 1
Bitcoin Ecosystem 4
Monthly Research Roundup (April 2023): In this issue, we feature trending market insights, and our latest research reports take a closer look into Bitcoin’s expanding ecosystem, specifically Layer 2s, DeFi, and NFTs.
Alpha Navigator: Quest for Alpha [April 2023]: Asset classes were generally flat in April, with cryptocurrency outperforming other assets. The US Federal Reserve could be on the cusp of ending its interest rate hike cycle.
Bitcoin’s Expanding Ecosystem: Layer-2, DeFi, NFT: The landscape of the latest projects building on top of Bitcoin is expanding beyond payments. It now includes Layer-2 scaling solutions and key application categories like DeFi and NFTs.

Recent University Articles

Image 37 CopyHow To Buy Btc Other Currencies Nologo CopyWhat Is Erc20 Otp 1
A Short History of Bitcoin Price: The price of BTC has experienced peaks and valleys ever since it launched in 2009. Learn all about Bitcoin’s price history.How to Buy Bitcoin and Other Cryptocurrencies: Wondering how to buy your first Bitcoin? Or cryptocurrency in general? Here’s a step-by-step guide on crypto buying for beginners.What Are ERC-20 Tokens? All About Ethereum’s Most Important Token Standard]: ERC-20 is a token standard for fungible tokens on Ethereum. Learn what it is and how cryptocurrencies can be minted with it.
Image 37 Copy
How To Buy Btc Other Currencies Nologo Copy
What Is Erc20 Otp 1
A Short History of Bitcoin Price: The price of BTC has experienced peaks and valleys ever since it launched in 2009. Learn all about Bitcoin’s price history.
How to Buy Bitcoin and Other Cryptocurrencies: Wondering how to buy your first Bitcoin? Or cryptocurrency in general? Here’s a step-by-step guide on crypto buying for beginners.
What Are ERC-20 Tokens? All About Ethereum’s Most Important Token Standard]: ERC-20 is a token standard for fungible tokens on Ethereum. Learn what it is and how cryptocurrencies can be minted with it.

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