New Project Spotlight
[COMING SOON] “Masterpiece TENZ” combines historical masterpieces with contemporary doodle art to form a collection of 100 trendy artworks. It drops exclusively on Crypto.com NFT on 9 January 2023.
[COMING SOON] “76ers Heritage – True North“ is a collection by the Philadelphia 76ers, one of the top teams in the National Basketball Association with three World Championship titles. Dropping on 12 January, the collection features various utility items, such as a custom NFT 76ers hat, pennant, and a 76 Originals hooded sweatshirt.
[COMING SOON] The launchpad page of Eyeball Games is now live on the Minted Network. In addition, the company will be holding an AMA on 10 January. Eyeball Games is the creator of Eyeball Pool, a pool game on the Cronos blockchain.
[COMING SOON] ZOIDS WILD ARENA, a trading card game collaborating with Crypto.com, is set to launch its second Frontier Test on 25 January. In the Frontier Tests, players are able to experience dynamic gameplay featuring various strategic card combinations.
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||$3,147,000|
|Crypto.com NFT||Crypto.com Land – The First Frontier||$106,000|
|Crypto.com NFT||Loaded Lions||$79,000|
|Minted||VVS Miner Mole||$41,000|
Blockchain Game Metrics
The following table shows select top games by weekly Unique Active Wallets (UAW):
|Meta Apes||BNB Chain||39K|
|Axie Infinity||Ronin, ETH||37K|
|Era7: Game of Truth||BNB Chain||35K|
Gaming Token Performance
The total market cap for gaming tokens now stands at US$5.06 billion, down -2% from last week.
- According to data from DappRadar, NFT sales in 2022 nearly matched the 2021 boom, despite the bearish crypto market. The NFT market generated approximately US$24.7 billion worth of organic trading volume in 2022, a slight dip from the $25.1 billion total recorded in 2021.
- Ecommerce giant Shopify expanded its NFT integration, allowing merchants to design, mint, and sell Avalanche NFTs. Shopify owners are also able to earn royalties on secondary NFT transactions through the Venly Market, a peer-to-peer NFT marketplace.
- Japanese gaming conglomerate Square Enix, creator of popular titles like Final Fantasy, has plans for “aggressive investment” into blockchain technology and NFTs. In addition, the company has announced that it has multiple blockchain games based on original IPs under development.
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The brands and the logos appearing in this report are registered trademarks of their respective owners.
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.
Research and Insights Team
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