NFT & Blockchain Gaming Weekly (21/04/2023)

Sotheby’s is auctioning rare NFTs from 3AC’s collection. Starbucks is dropping its ‘First Store’ NFT collection. Square Enix partners with games distribution platform Elixir.

New Project Spotlight

NFT Collectibles

[COMING SOON] ‘Through the Light’ is a project by 3D artist Davansh Atry. Dropping on 24 April on Crypto.com NFT, it represents the artist’s journey and his fascination with space, where each piece is filled with bright and vibrant colours.

[COMING SOON] ‘POLARITY’ is a project by Kaiwan, a visual artist with experience in digital art and cinematography. This drop explores contrasting perspectives through a cinematic lens, inviting the viewer to step into a world of shadows and light. The collection goes live on Crypto.com NFT on 26 April.

Blockchain Games

[LIVE] Legends of Bezogia has been listed on the Epic Games Store, a popular video game storefront for Microsoft Windows and macOS games. Gamers are able to play as a Bezogi in a magical world, and craft weapons to defeat trolls.

[COMING SOON] Croskull Pet Egg Season 4 has reached 740 eggs minted, and there are 260 more eggs to be minted before the dragons in the eggs hatch. In addition, Croskull Adventure Season 4 has reached 6143 Croskulls.

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	Bored Ape Yacht Club	$36,917,000 (+21%)	$95,100
OpenSea	Wrapped Cryptopunks	$34,974,000 (-59%)	$145,400
Crypto.com NFT	Loaded Lions	$50,000 (+52%)	$1,300
Crypto.com NFT	Crypto.com Land – The First Frontier	$22,700 (+22%)	$50
Minted	VVS Miner Mole	$12,700 (-70%)	$190
Minted	Atlantis Planets	$7,300 (+82%)	$60

Blockchain Game Metrics

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

Gaming Token Performance

The total market cap for gaming tokens now stands at US$12.94 billion, up +3% from last week.

News Highlights

• Auction house Sotheby’s is preparing to auction rare NFTs from Three Arrows Capital’s Grails collection. The portfolio includes valuable NFTs like Tyler Hobbs’s Fidenza #216, Larva Labs’s Zombie CryptoPunk #6649, and Autoglyph #187.
• Starbucks is dropping its ‘First Store’ NFT collection, which is modelled after the original Starbucks storefront that opened in 1971 in downtown Seattle. The NFTs have a supply of 5,000 and will be minted on the Polygon blockchain.
• Japanese gaming giant Square Enix is partnering with Elixir, a games distribution platform that features both Web3 and regular games. Through the partnership, Square Enix plans to generate greater adoption of Web3 games among traditional gamers.
• Former US President Donald Trump has released a second series of NFTs, which sold out within a day. The new collection features 47,000 tokens, and traders who purchased 47 tokens are eligible for a dinner with Trump.

Recent Research Reports

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!

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.

Author

Research and Insights Team

Get fresh market updates delivered straight to your inbox:

Be the first to hear about new insights: