NFT & Blockchain Gaming Weekly (31/03/2023)

Gucci partners with Yuga Labs to bring fashion into the metaverse. Art Blocks launches NFT marketplace. Square Enix releases NFT cards to celebrate 25 years of Final Fantasy.

Mar 31, 2023 NFT and Gaming

New Project Spotlight

NFT Collectibles

[COMING SOON] ‘76ers Heritage – Heart of Phillyis a project by the Philadelphia 76ers, a top NBA team with three World Championships to its name. This drop commemorates the journey that brought the team to the global stage. The collection goes live on NFT on 6 April.

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[COMING SOON] YUROSAKO – OG Collection is a project by team Yurosako that’s based on the work of anime artist Mariam Hamdan. Dropping on 10 April on NFT, it features masks of an elite group of soldiers who will fight in an upcoming battle.

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Blockchain Games

[LIVE] D.G.Pals released the latest update of DGP: Legends. The update includes a user interface revamp, balancing changes, and more DGPals playable in Legends. The team is also developing several new features, such as special edition egg types and a Player versus Environment (PvE) mode.

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[LIVE] CroSkull released new Dragon Eggs in its item shop. The SkullDragons have six different traits and one special trait. The special trait is only associated with Legendary Dragons, of which there are eight in total.

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NFT Metrics

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

Nft Metrics 31 Mar

Blockchain Game Metrics

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

Blockchain Game Metrics 31 Mar 1

Gaming Token Performance

The total market cap for gaming tokens now stands at US$9.83 billion, down -4% from last week.

Gaming Top Gainers And Losers 31 Mar

News Highlights

  • Fashion company Gucci is partnering with Yuga Labs to bring luxury digital fashion into the metaverse. The companies plan to collaborate within Yuga Labs’ Otherside metaverse and its 10KTF collection, as well as explore joint opportunities between Web3 fashion and entertainment.
  • Art Blocks, one of the leading generative art NFT projects, has launched its own NFT marketplace with enforced creator royalties. The marketplace lets art collectors browse listed NFTs across all existing Art Blocks collections, including those aggregated from other platforms like OpenSea and X2Y2.
  • Square Enix has announced a set of collectible trading cards to celebrate the 25th anniversary of Final Fantasy VII. Each card pack contains six physical cards and one digital exchange card that can be redeemed for an NFT.
  • Ticketmaster has debuted NFT-gated ticket sales, starting with the metal band Avenged Sevenfold. The new NFT ticketing feature allows artists to offer NFT holders special access to concerts and events.

Recent Research Reports

Research Roundup Newsletter [February 2023]: In this issue, we feature trending market insights and our analyses of the current state of the decentralised derivatives market.Alpha Navigator: Quest for Alpha [February 2023]: Asset classes took a breather in February and sold off, although crypto bucked the trend. BTC and ETH options implied volatilities remain at subdued levels.Overview of Decentralised Derivatives: Crypto derivatives dominate the industry, representing about 70% of the entire market. In this report, we shed light on derivatives in DeFi, their market overview, and some innovations in the space.

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