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.
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.
[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.
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.
[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.
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 | Bored Ape Yacht Club | $28,095,000 (+113%) | $89,300 |  |
| OpenSea | Mutant Ape Yacht Club | $20,603,000 (-23%) | $18,400 |  |
| Crypto.com NFT | Crypto.com Expedition Gear | $251,200 (+34%) | $7 |  |
| Crypto.com NFT | Loaded Lions | $73,600 (+22%) | $1,300 |  |
| Minted | VVS Miner Mole | $73,600 (+22%) | $160 |  |
| Minted | Cronos Cruisers | $10,800 (-20%) | $480 |  |
| Platform | OpenSea |
|---|---|
| Collection | Bored Ape Yacht Club |
| Sales Volume (USD) | $28,095,000 (+113%) |
| Floor Price (USD) | $89,300 |
| Sample | |
| Platform | OpenSea |
| Collection | Mutant Ape Yacht Club |
| Sales Volume (USD) | $20,603,000 (-23%) |
| Floor Price (USD) | $18,400 |
| Sample | |
| Platform | Crypto.com NFT |
| Collection | Crypto.com Expedition Gear |
| Sales Volume (USD) | $251,200 (+34%) |
| Floor Price (USD) | $7 |
| Sample | |
| Platform | Crypto.com NFT |
| Collection | Loaded Lions |
| Sales Volume (USD) | $73,600 (+22%) |
| Floor Price (USD) | $1,300 |
| Sample | |
| Platform | Minted |
| Collection | VVS Miner Mole |
| Sales Volume (USD) | $73,600 (+22%) |
| Floor Price (USD) | $160 |
| Sample | |
| Platform | Minted |
| Collection | Cronos Cruisers |
| Sales Volume (USD) | $10,800 (-20%) |
| Floor Price (USD) | $480 |
| Sample | |
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 | 89K (+17%) | $2K |  |
| Hippo Dash by Gameta | BNB Chain | 79K (—) | $5K |  |
| Iskra | Klaytn, Ethereum | 44K (-68%) | $117K |  |
| Axie Infinity | Ronin, Ethereum | 33K (+4%) | $14.6M |  |
| Planet IX | Polygon | 28K (-20%) | $429K |  |
| Game | Splinterlands |
|---|---|
| Blockchain(s) | Hive, WAX |
| UAW | 89K (+17%) |
| Volume | $2K |
| Logo | |
| Game | Hippo Dash by Gameta |
| Blockchain(s) | BNB Chain |
| UAW | 79K (—) |
| Volume | $5K |
| Logo | |
| Game | Iskra |
| Blockchain(s) | Klaytn, Ethereum |
| UAW | 44K (-68%) |
| Volume | $117K |
| Logo | |
| Game | Axie Infinity |
| Blockchain(s) | Ronin, Ethereum |
| UAW | 33K (+4%) |
| Volume | $14.6M |
| Logo | |
| Game | Planet IX |
| Blockchain(s) | Polygon |
| UAW | 28K (-20%) |
| Volume | $429K |
| Logo | |
Gaming Token Performance
The total market cap for gaming tokens now stands at US$11.01 billion, up +1% from last week.
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
 |  |  |
| 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. |
| |
| |
| |
| 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
 |  |  |
| 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. |
| |
| |
| |
| 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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