NFT & Blockchain Gaming Weekly (10/02/2023)
Bitcoin Punks Ordinal NFT collection gains traction. CryptoPunks and BAYC NFTs sold for more than $1 million each. Reddit drops NFT collection in partnership with the NFL.
New Project Spotlight
NFT Collectibles
[COMING SOON] “The White Witch’s Summoning Magic Story” tells the story of a novice wizard, the White Witch. This project is created by Cuna, an illustrator who draws the world of ordinary daily life in purple. It drops exclusively on Crypto.com NFT on 13 February 2023.
[COMING SOON] “Carkayous Expedition #8.2 – The Blooming of the Psilofish“ is a collection by tattoo artist Jesse Smith. Dropping on 15 February, it features a fictitious continent called Carkayous, where all of the artist’s tattoos and art reside.
Blockchain Games
[COMING SOON] Eyeball Games is set to launch its Phase 1 Beta Release in February 2023, available exclusively to Balldroid NFT holders. The mini pool game will include weekly tournaments.
[LIVE]Croskull introduced several updates, including a new Hall of Fame, Pet Season 3, as well as improved loading times and bug fixes. There is also a new Valentine’s Day medal available on Discord.
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 | Otherdeed for Otherside | $17,061,000 (+7%) | $2,680 |  |
| OpenSea | Checks – VV Edition | $14,556,000 (+84%) | $2,950 | |
| Crypto.com NFT | Loaded Lions | $96,800 (+7%) | $1,600 | |
| Crypto.com NFT | Crypto.com Land – The First Frontier | $25,600 (-34%) | $50 | |
| Minted | Atlantis Planets | $30,000 (-1%) | $50 | |
| Minted | VVS Miner Mole | $18,200 (+15%) | $150 |
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 | 251K (-17%) | $14K | |
| Planet IX | Polygon | 102K (-20%) | $668K | |
| Axie Infinity | Ronin, ETH | 49K (+1%) | $28.7M | |
| Era7: Game of Truth | BNB Chain | 41K (-1%) | $27K | |
| Meta Apes | BNB Chain | 38K (+1%) | $401K |
Gaming Token Performance
The total market cap for gaming tokens now stands at US$10.97 billion, up +25% from last week.
News Highlights
- The Bitcoin Punks Ordinal NFT collection is gaining traction, with one Ordinal Punks NFT, Punk 94, selling for 9.5 BTC, or approximately US$214,000. The NFT collection is minted on the Bitcoin-native Ordinals Protocol in the style of the popular CryptoPunks collection.
- The NFT market shows signs of gaining steam, as two CryptoPunks and Bored Ape Yacht Club NFTs recently sold for more than $1 million worth of ETH each. CryptoPunk #5066 was sold for 857 ETH ($1.4 million), while Bored Ape Yacht Club #7090 sold for 800 ETH ($1.3 million).
- Social media platform Reddit dropped the Super Bowl LVII x Reddit Collectible Avatar NFT collection in partnership with the National Football League (NFL). Each NFT can be used on Reddit as an avatar, as well as traded on NFT marketplaces.
- An NFT of NBA basketball star Giannis Antetokounmpo sold for a record-breaking $187,000 on Sorare NBA, an officially licensed and NFT-driven fantasy basketball game. This tripled the previous record of an Anthony Davis NFT that sold for over $62,000.
Recent Research Reports
| Alpha Navigator: Quest for Alpha [January 2023]: Crypto outperforms other asset classes in January by a large margin. BTC options put-call ratio are at a yearly low, implying a positive sentiment shift. | AI-Generated Content and Applications in Web3: Artificial Intelligence-Generated Content (AIGC) has taken the world by storm recently, with popular applications like ChatGPT and DALL-E. We analyse its potential applications in Web3. | Crypto Market Sizing Report 2022: The global number of crypto owners reached 425 million at the end of 2022. After crunching the numbers, this is the result of our highly-anticipated Crypto Market Sizing Report for 2022. |
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