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NFT & Blockchain Gaming Weekly (13/01/2023)

NFT market seeing strong activity and growth in recent weeks. BAYC NFTs surge following Dookey Dash game announcement. OpenSea launches Arbitrum Nova integration and Sweep feature.

Jan 13, 2023
Crypto.com NFT GameFi Weekly

New Project Spotlight

NFT Collectibles

[COMING SOON] “Extraordinary Whales Club PFP is a social NFT project based on the South Korean television series Extraordinary Attorney Woo. Collectors are eligible to receive a special soulbound token that certifies they are true fans of Woo Young-Woo. This collection drops exclusively on Crypto.com NFT on 20 January 2023.

[COMING SOON] 2023 Year of the Rabbit is a collection by Fionn Jordan, an illustrator from the Lake District in the UK. Dropping on 18 January, each spring couplet features a new year rabbit, uniquely generated from hand-drawn traits.

Blockchain Games

[COMING SOON] Eyeball Games will be launching its “Balldroids” collection on 19 January. It is the creator of Eyeball Pool, a pool game on the Cronos blockchain and a participant of the Cronos Accelerator Programme.

[COMING SOON] Crypto.com NFT is partnering with MXUP for its upcoming drop, “MXEGG” on 27 January. MXUP is a Web3 service with fitness, gaming, and extended reality (XR) features.

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
OpenSeaMutant Ape Yacht Club$25,308,000
(+63%)
$23,900
OpenSeaBored Ape Yacht Club$21,090,000
(-2%)
$111,100
Crypto.com NFTLoaded Lions$195,900
(+146%)
$1,800
Crypto.com NFTCrypto.com Land – The First Frontier$89,500
(-16%)
$50
MintedVVS Miner Mole$31,500
(—)
$180
PlatformOpenSea
CollectionMutant Ape Yacht Club
Sales Volume (USD)$25,308,000
(+63%)
Floor Price 
(USD)
$23,900
Sample
PlatformOpenSea
CollectionBored Ape Yacht Club
Sales Volume (USD)$21,090,000
(-2%)
Floor Price 
(USD)
$111,100
Sample
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$195,900
(+146%)
Floor Price 
(USD)
$1,800
Sample
PlatformCrypto.com NFT
CollectionCrypto.com Land – The First Frontier
Sales Volume (USD)$89,500
(-16%)
Floor Price 
(USD)
$50
Sample
PlatformMinted
CollectionVVS Miner Mole
Sales Volume (USD)$31,500
(—)
Floor Price 
(USD)
$180
Sample

Blockchain Game Metrics

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

GameBlockchain(s)UAWVolumeLogo
SplinterlandsHive, WAX295K
(-1%)
$8K
Planet IXPolygon98K
(+14%)
$270K
Farmers WorldWAX92K
(-3%)
$9K
Era7: Game of TruthBNB Chain41K
(+18%)
$70K
Axie InfinityRonin, ETH41K
(+10%)
$10.3M
GameSplinterlands
Blockchain(s)Hive, WAX
UAW295K
(-1%)
Volume$8K
Logo
GamePlanet IX
Blockchain(s)Polygon
UAW98K
(+14%)
Volume$270K
Logo
GameFarmers World
Blockchain(s)WAX
UAW92K
(-3%)
Volume$9K
Logo
GameEra7: Game of Truth
Blockchain(s)BNB Chain
UAW41K
(+18%)
Volume$70K
Logo
GameAxie Infinity
Blockchain(s)Ronin, ETH
UAW41K
(+10%)
Volume$10.3M
Logo
Source: DappRadar

Gaming Token Performance

The total market cap for gaming tokens now stands at US$6.13 billion, up +21% from last week.

Gaming Top Gainers And Losers

News Highlights

  • The NFT market has been seeing strong activity and growth in recent weeks, reaching a daily volume of over 25,000 ETH for three consecutive days. In addition to the high volume, the past week also saw the highest number of organic NFT traders since July 2022, with a total of 531,000 organic trades.
  • Sales for Bored Ape Yacht Club NFTs and associated projects have been surging, driven by Yuga Labs’s plans for Dookey Dash, a new “endless runner” style game. Owners of Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs will be eligible to receive a Sewer Pass NFT to play the upcoming game.
  • OpenSea announced its integration with Arbitrum Nova, an Ethereum layer-2 scaling protocol, in order to offer NFTs with lower transaction costs. In addition, OpenSea’s Sweep feature is also live, allowing users to buy NFTs in bulk.
Alpha Navigator: Quest for Alpha [December 2022]: The new year sees crypto outperforming equities and gold. BTC options implied volatilities are subdued while perpetual futures funding rates are positive.2022 Year Review & 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 project landscape.
Alpha Navigator: Quest for Alpha [December 2022]: The new year sees crypto outperforming equities and gold. BTC options implied volatilities are subdued while perpetual futures funding rates are positive.
2022 Year Review & 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 project landscape.

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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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