NFT & Blockchain Gaming Weekly (09/06/2023)

Louis Vuitton to debut a limited series of NFTs named ‘Treasure Trunks’. Bored Ape NFT #2758 has signed a movie contract. Nike’s NFT platform .SWOOSH will integrate with EA Sports.

Jun 09, 2023
Crypto.com NFT and Gaming

Chart of the Week

NFT borrowing volumes have surged in recent months, driven by platforms like Blur’s new lending platform, Blend. Blend exceeded 100,000 ETH in total volume, or approximately US$181 million, in just 17 days after its launch.

Cumulative Borrow Volume of NFT Lending Platforms

New Project Spotlight

NFT Collectibles

[COMING SOON] Most Valuable Lions is a project by Crypto.com, inspired by its partnership with the Philadelphia 76ers. Dropping on 9 June on Crypto.com NFT, it features ‘Unguardable’ and ‘The Process’, the two remaining felines in the ‘Most Valuable Lions’ collection.

Crypto.com Most Valuable Lions

[COMING SOON] Endless is a collection by NFT development team VerAI. This drop comprises 24 NFTs generated using techniques such as polygonal modelling and fractal generation. The collection goes live on Crypto.com NFT on 12 June.

Endless VerAI

Blockchain Games

[COMING SOON] Croskull is launching new pets for its Season 5 adventure. It has also released a tool for its Ordinals bitCroSkull collection, which includes metrics such as holders count, floor wall, and other market data.

Image8 2

[LIVE] Snook has released 100 special skins, and counting, for the game. Players can use traits they collect to unlock special skins on Snook, subsequently upgrading their NFTs’ value.

Image19

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$60,654,000
(+80%)
$87,500Image25 1
OpenSeaAzuki$20,218,000
(+119%)
$32,700Image23 1
Crypto.com NFTLoaded Lions$82,900
(+8%)
$1,300Image9 1
Crypto.com NFTCrypto.com Land – The First Frontier$34,000
(-28%)
$60Image12 1
MintedVVS Miner Mole$9,100
(-33%)
$150Image7 1
MintedMarbleVerse$7,200
(-2%)
$16Image18
PlatformOpenSea
CollectionBored Ape Yacht Club
Sales Volume (USD)$60,654,000
(+80%)
Floor Price 
(USD)
$87,500
SampleImage25 1
PlatformOpenSea
CollectionAzuki
Sales Volume (USD)$20,218,000
(+119%)
Floor Price 
(USD)
$32,700
SampleImage23 1
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$82,900
(+8%)
Floor Price 
(USD)
$1,300
SampleImage9 1
PlatformCrypto.com NFT
CollectionCrypto.com Land – The First Frontier
Sales Volume (USD)$34,000
(-28%)
Floor Price 
(USD)
$60
SampleImage12 1
PlatformMinted
CollectionVVS Miner Mole
Sales Volume (USD)$9,100
(-33%)
Floor Price 
(USD)
$150
SampleImage7 1
PlatformMinted
CollectionMarbleVerse
Sales Volume (USD)$7,200
(-2%)
Floor Price 
(USD)
$16
SampleImage18
As of 9 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, WAX102K
(+24%)
$3KImage9 1
Hippo Dash by GametaBNB Chain99K
(+7%)
$2KImage16
IskraKlaytn, Ethereum65K
(+34%)
$298KImage5
Axie InfinityRonin, Ethereum36K
(+12%)
$12.1MImage13
Planet IXPolygon32K
(-15%)
$282KImage11
GameSplinterlands
Blockchain(s)Hive, WAX
UAW102K
(+24%)
Volume$3K
LogoImage9 1
GameHippo Dash by Gameta
Blockchain(s)BNB Chain
UAW99K
(+7%)
Volume$2K
LogoImage16
GameIskra
Blockchain(s)Klaytn, Ethereum
UAW65K
(+34%)
Volume$298K
LogoImage5
GameAxie Infinity
Blockchain(s)Ronin, Ethereum
UAW36K
(+12%)
Volume$12.1M
LogoImage13
GamePlanet IX
Blockchain(s)Polygon
UAW32K
(-15%)
Volume$282K
LogoImage11
As of 9 Jun 2023 Sources: DappRadar, Crypto.com Research

Gaming Token Performance

The total market cap for gaming tokens now stands at US$10.39 billion, down -6% from last week.

Gaming Top Gainers and Losers

News Highlights

  • Luxury fashion house Louis Vuitton is set to debut a limited series of NFTs, each priced at about $41,712. Named ‘Treasure Trunks’, it consists of only a few hundred NFTs and each one will come with a matching, made-to-order physical Louis Vuitton luggage trunk.
  • Bored Ape NFT #2758 has signed a movie contract with Pirexia Films, led by Netflix director JM Cravioto. This marks the first time an NFT actor will star in a film and be issued a salary that matches the rates set by the Screen Actors Guild (SAG).
  • Nike’s NFT platform .SWOOSH is set to be integrated with EA Sports, potentially allowing Nike’s virtual footwear and apparel to appear in games. The partnership would allow Nike to unlock new experiences for the .SWOOSH community and the EA Sports fan base. 
  • Global travel platform Trip.com has announced its first NFT collection tailored specifically for regular travellers. The collection features a variety of dolphin-themed characters known as ‘Trekki’ and holders will be able to accumulate valuable rewards as they travel around the world.

Recent Research Reports

   
Rni Working Template May 2023 2
Content Hub Banner – Alpha Navigator Report
Download
Research Roundup Newsletter [May 2023]: In our latest issue of Research Roundup, we feature trending market insights in May, charts of the month, and our latest research reports exploring memes — what makes them successful, their role in crypto and Web3, and the resurgence of meme mania.Alpha Navigator: Quest for Alpha [May 2023]: Asset classes mostly dipped in May and crypto remains the best performer YTD. US debt ceiling dispute defused. Interest rate decisions from multiple central banks in the coming month.The Evolution of Memes and What Makes Them Successful: What are memes, how have they evolved, and what makes them successful? We also explore the role they play in crypto and Web3, and what the future holds for memes
 
Rni Working Template May 2023 2
 
Content Hub Banner – Alpha Navigator Report
 Download
 Research Roundup Newsletter [May 2023]: In our latest issue of Research Roundup, we feature trending market insights in May, charts of the month, and our latest research reports exploring memes — what makes them successful, their role in crypto and Web3, and the resurgence of meme mania.
 Alpha Navigator: Quest for Alpha [May 2023]: Asset classes mostly dipped in May and crypto remains the best performer YTD. US debt ceiling dispute defused. Interest rate decisions from multiple central banks in the coming month.
 The Evolution of Memes and What Makes Them Successful: What are memes, how have they evolved, and what makes them successful? We also explore the role they play in crypto and Web3, and what the future holds for memes

Recent University Articles

   
Download (2)Image 37 CopyHow To Buy Btc Other Currencies Nologo Copy
What Is Cryptocurrency?: Still wondering what cryptocurrency actually is, how it works, and how to use it? We’ve got the answers in this crypto beginner’s guide.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.
 Download (2)
 Image 37 Copy
 How To Buy Btc Other Currencies Nologo Copy
 What Is Cryptocurrency?: Still wondering what cryptocurrency actually is, how it works, and how to use it? We’ve got the answers in this crypto beginner’s guide.
 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.

We’re all ears.

Your feedback has always helped us provide insightful crypto market trends. Tell us how we can improve this newsletter further by taking a quick survey below (it will only take less than a minute). Thank you!


Authors

Research and Insights Team

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.

This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.

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.


Get fresh market updates delivered straight to your inbox:

Be the first to hear about new insights:

Share with Friends

Ready to start your crypto journey?

Get your step-by-step guide to setting up an account with Crypto.com

By clicking the Get Started button you acknowledge having read the Privacy Notice of Crypto.com where we explain how we use and protect your personal data.
Mobile phone screen displaying total balance with Crypto.com App

Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens