NFT & Blockchain Gaming Weekly (09/12/2022)

US$30 million staked in the first day of ApeCoin staking. Warner Music to release music NFTs in January 2023. Starbucks launches beta test of NFT loyalty programme.

Dec 09, 2022
Crypto.com NFT GameFi Weekly

New Project Spotlight

NFT Collectibles

[COMING SOON]Crypto.com is launching its first-ever land NFT collection: “Crypto.com Land – The First Frontier”. The land sale consists of 25,000 land NFTs, divided into five rarities. This collection drops on 13 December for Loaded Lions holders and on 15 December for the public.

[COMING SOON] SandBang’s “Meta Puppy” features 10 breeds of NFT pooches. Dropping on 15 December, the collection consists of ten black-and-white animated pieces and five colour ones.

[LIVE] Coca-Cola has teamed up with Crypto.com and digital artist GMUNK to release NFTs celebrating the FIFA World Cup Qatar 2022™. There will be 10,000 unique NFTs created based on heatmaps from tournament matches.

Blockchain Games

[COMING SOON] DGPals, a multi-genre gaming project on Cronos, has revamped its website and revealed two new upcoming games, DGP Plaza! and DGP Adventure. DGPals now has four games, including DGP New World and DGP Legends.

[COMING SOON] Defira revealed new art teasers, featuring mystical creatures with a role to play in the Defiraverse. It also showcased the new hero character Chimalli, an intimidating yet compassionate Cronos fighter.

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
OpenSeaThe Legend of CØCKPUNCH™$4,706,000
(—)
$1,200
OpenSeaCryptoPunks$4,426,000
(+28%)
$83,400
Crypto.com NFTLoaded Lions$142,000
(-27%)
$1,600
Crypto.com NFTMatch Ready Lions$100,000
(+497%)
$40
MintedBored Candy$60,000
(-33%)
$60
MintedVVS Miner Mole$19,000
(-52%)
$270
PlatformOpenSea
CollectionThe Legend of CØCKPUNCH™
Sales Volume (USD)$4,706,000
(—)
Floor Price 
(USD)
$1,200
Sample
PlatformOpenSea
CollectionCryptoPunks
Sales Volume (USD)$4,426,000
(+28%)
Floor Price 
(USD)
$83,400
Sample
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$142,000
(-27%)
Floor Price 
(USD)
$1,600
Sample
PlatformCrypto.com NFT
CollectionMatch Ready Lions
Sales Volume (USD)$100,000
(+497%)
Floor Price 
(USD)
$40
Sample
PlatformMinted
CollectionBored Candy
Sales Volume (USD)$60,000
(-33%)
Floor Price 
(USD)
$60
Sample
PlatformMinted
CollectionVVS Miner Mole
Sales Volume (USD)$19,000
(-52%)
Floor Price 
(USD)
$270
Sample

Blockchain Game Metrics

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

GameBlockchain(s)UAWVolumeLogo
SplinterlandsHive, Wax249K
(-3%)
$5K
Planet IXPolygon55K
(+12%)
$227K
Era7: Game of TruthBNB Chain51K
(+42%)
$74K
Axie InfinityRonin, ETH41K
(+8%)
$20.1M
Tiny WorldBNB Chain38K
(-28%)
$74K
GameSplinterlands
Blockchain(s)Hive, Wax
UAW249K
(-3%)
Volume$5K
Logo
GamePlanet IX
Blockchain(s)Polygon
UAW55K
(+12%)
Volume$227K
Logo
GameEra7: Game of Truth
Blockchain(s)BNB Chain
UAW51K
(+42%)
Volume$74K
Logo
GameAxie Infinity
Blockchain(s)Ronin, ETH
UAW41K
(+8%)
Volume$20.1M
Logo
GameTiny World
Blockchain(s)BNB Chain
UAW38K
(-28%)
Volume$74K
Logo
Source: DappRadar

Gaming Token Performance

The total market cap for gaming tokens now stands at US$5.92 billion, up +1% from last week.

Screen Shot 2022 12 09 At 8.53.13 Pm

News Highlights

  • Over $30 million worth of tokens were staked in one day, after the Ape Foundation opened staking for its APE currency. Holders are able to stake their APE tokens or Bored Ape/Mutant Ape NFTs to earn rewards.
  • Warner Music Group, the third-largest music company in the world, will release music NFTs through an upcoming Polygon-based marketplace, LGND Music. LGND Music is an online marketplace that will offer songs as NFTs, and is set to launch in January 2023.
  • Starbucks launched a beta test of the Odyssey loyalty programme, which combines customer loyalty rewards with NFT collecting and other gamified elements. Participants will be able to engage in interactive ‘Journeys’ to earn ‘Journey Stamps’ in the form of Polygon-based NFTs.

Recent Research Reports

Alpha Navigator (November 2022): Risk assets were up in November, with the exception of crypto amid the FTX collapse and contagion. Could potentially slower rate hikes provide some Christmas cheer?Social Graph and Digital Identity in Web3: Relationships and identities are key elements that make up social networks. In this report, we put a spotlight on the roles that decentralised social graphs and digital identity play in Web3 social.Decentralised Social Networks: An Overview: Decentralised social networks aim to empower participants to take back ownership of and better monetise their content and data. We explore the project landscape.
Alpha Navigator (November 2022): Risk assets were up in November, with the exception of crypto amid the FTX collapse and contagion. Could potentially slower rate hikes provide some Christmas cheer?
Social Graph and Digital Identity in Web3: Relationships and identities are key elements that make up social networks. In this report, we put a spotlight on the roles that decentralised social graphs and digital identity play in Web3 social.
Decentralised Social Networks: An Overview: Decentralised social networks aim to empower participants to take back ownership of and better monetise their content and data. We explore the project landscape.

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.


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Research and Insights Team


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