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

Data shows NFT sales in 2022 nearly matched the 2021 boom. Ecommerce giant Shopify expands its NFT integration. Square Enix plans investment in blockchain and NFTs.

Jan 06, 2023
Crypto.com NFT GameFi Weekly

New Project Spotlight

NFT Collectibles

[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.

Blockchain Games

[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.

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
OpenSeaCryptoPunks$7,432,000
(+72%)
$82,700
OpenSeaBored Ape Yacht Club$3,147,000
(-19%)
$101,100
Crypto.com NFTCrypto.com Land – The First Frontier$106,000
(-88%)
$60
Crypto.com NFTLoaded Lions$79,000
(-40%)
$1,600
MintedAIKO BEANZ$45,000
(+10%)
$20
MintedVVS Miner Mole$41,000
(-49%)
$190
PlatformOpenSea
CollectionCryptoPunks
Sales Volume (USD)$7,432,000
(+72%)
Floor Price (USD)$82,700
Sample
PlatformOpenSea
CollectionBored Ape Yacht Club
Sales Volume (USD)$3,147,000
(-19%)
Floor Price (USD)$101,100
Sample
PlatformCrypto.com NFT
CollectionCrypto.com Land – The First Frontier
Sales Volume (USD)$106,000
(-88%)
Floor Price (USD)$60
Sample
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$79,000
(-40%)
Floor Price (USD)$1,600
Sample
PlatformMinted
CollectionAIKO BEANZ
Sales Volume (USD)$45,000
(+10%)
Floor Price (USD)$20
Sample
PlatformMinted
CollectionVVS Miner Mole
Sales Volume (USD)$41,000
(-49%)
Floor Price (USD)$190
Sample

Blockchain Game Metrics

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

GameBlockchain(s)UAWVolumeLogo
SplinterlandsHive, Wax298K
(+25%)
$3K
Planet IXPolygon86K
(+6%)
$403K
Meta ApesBNB Chain39K
(-1%)
$482K
Axie InfinityRonin, ETH37K
(+14%)
$5.5M
Era7: Game of TruthBNB Chain35K
(-16%)
$32K
GameSplinterlands
Blockchain(s)Hive, Wax
UAW298K
(+25%)
Volume$3K
Logo
GamePlanet IX
Blockchain(s)Polygon
UAW86K
(+6%)
Volume$403K
Logo
GameMeta Apes
Blockchain(s)BNB Chain
UAW39K
(-1%)
Volume$482K
Logo
GameAxie Infinity
Blockchain(s)Ronin, ETH
UAW37K
(+14%)
Volume$5.5M
Logo
GameEra7: Game of Truth
Blockchain(s)BNB Chain
UAW35K
(-16%)
Volume$32K
Logo

Source: DappRadar

Gaming Token Performance

The total market cap for gaming tokens now stands at US$5.06 billion, down -2% from last week. 

Image 12

News Highlights

  • 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.

Recent Research Reports

2022 Year Review and 2023 Year Ahead: 2022 has been a rollercoaster ride for the crypto industry. In this report, we curate the top ten crypto events and trends of 2022, followed by our outlook for 2023.Decentralised Social Networks: An Overview: Decentralised social networks aim to enable participants to take back ownership of and better monetise their content and data. We explore the projects landscape.Social Graph and Digital Identity in Web3: Relationships and identities are key elements that make up social networks. In this report, we place the spotlight on the roles that decentralised social graphs and digital identity play in Web3 social.
2022 Year Review and 2023 Year Ahead: 2022 has been a rollercoaster ride for the crypto industry. In this report, we curate the top ten crypto events and trends of 2022, followed by our outlook for 2023.
Decentralised Social Networks: An Overview: Decentralised social networks aim to enable participants to take back ownership of and better monetise their content and data. We explore the projects landscape.
Social Graph and Digital Identity in Web3: Relationships and identities are key elements that make up social networks. In this report, we place the spotlight on the roles that decentralised social graphs and digital identity play in Web3 social.

Disclaimer

The information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.

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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.


Author

Research and Insights Team


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