NFT & Blockchain Gaming Weekly (11/11/2022)

OpenSea launches on-chain tool to enforce NFT royalties. Bank of Korea tested NFT trading using a CBDC. Lionel Messi joins trading card game Sorare as brand ambassador.

Nov 11, 2022
NFT and Blockchain Gaming Weekly

New Project Spotlight

NFT Collectibles

[COMING SOON] Altered States” is a creation of Fran Rodríguez, a digital artist based in Barcelona. Fran is known for his striking images, depicting his interpretation of humanity’s place in the universe. This collection drops on 15 November, taking place at Crypto.com NFT.

[COMING SOON] In Ali Jardine’s NFT collection, “Lucid State of Dreams”, she explores different types of consciousness along with birth, death, joy, fear, love, and earth magic. This drop on Crypto.com NFT includes 11 meditative animated pieces, and will begin on 22 November.

Blockchain Games

[LIVE] AstroGator: Reborn is a blockchain-based game by a veteran of the gaming industry—Game Hours. Starting on November 7, this newly launched play-to-earn (P2E) game will feature NFTs first launched by Crypto.com.

[LIVE] CroSkulls, a game on the Cronos blockchain, has launched Seasonal Pet — Season 3. This new season features a water element pet (crab). The SkullCrabs will come in three different variants: Baby Crabs, Crabs, and DemonCyborg Crabs.

NFT Metrics

The following table shows select top creators (by weekly sales volume on each platform) and a sample of their art:

PlatformCollectionSales Volume (USD)Floor Price 
(USD)
Sample
OpenSeaCryptoPunks$5,134,000
(+9%)
$84,600
OpenSeaBored Ape Yacht Club$4,340,600
(+104%)
$77,300
Crypto.com NFTLoaded Lions$470,000
(+93%)
$2,200
MintedVVS Miner Mole$116,800
(-2%)
$399
MintedArgonauts$29,800
(-1%)
$84
Crypto.com NFTCyber Cubs$17,100
(+3%)
$258

Blockchain Game Metrics

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

GameBlockchain(s)UAWVolumeLogo
SplinterlandsHive, Wax278K
(-4%)
$4K
Trickshot BlitzFlow134K
(+16%)
$86K
Axie InfinityRonin, ETH54K
(-14%)
$17M
Solitaire BlitzFlow43K
(+36%)
$63K
Era7: Game of TruthBNB Chain42K
(+27%)
$98K
Source: DappRadar

Gaming Token Performance

The total market cap for gaming tokens now stands at US$7.0 billion, down -17% from last week.

Gaming Top Gainers and Losers

News Highlights

Recent Research Reports

Research Roundup Newsletter [October 2022]

In this issue, we cover our recent Bloomberg Terminal integration, special research report for the Singapore Fintech Festival, and feature articles on NFT financialisation and utility.
NFT Financialisation and Utility: An Overview

As NFT utility grows, so does the potential to make money from them. Financialisation could help to achieve greater liquidity for and unlock the value of NFTs.
NFT Utility: A Multifaceted Overview and Use Cases

For NFTs to increase in value and be deemed viable economic and financial assets, they have to go beyond collectability and aesthetics. One way to tackle this is through utility.

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.


Author

Research and Insights Team


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