NFT & Blockchain Gaming Weekly (08/09/2023)

Loaded Lions announced upcoming features for Mane City. Yuga Labs set to release its upcoming Otherside metaverse game. Google allows ads for blockchain-based NFT gaming.

Sep 08, 2023
Crypto.com NFT and Gaming

Chart of the Week

Loaded Lions: Mane City, Crypto.com and Cronos’s first-ever collaborative Web3 game, launched on 30 August. The game gained significant traction in the community, and the trading volume reached over US$372,000, surging by 238.32% from last week. It’s currently one of the top ten Web3 games by volume across all chains.

Crypto.com Loaded Lions Mane City

New Project Spotlight

NFT Collectibles

[LIVE]Mutant ROO’ is Rooit‘s new collection featuring 1,000 utility-enabled 3D NFTs. Holders can enjoy chat-to-earn capabilities, private club membership, participation in IRL events, early access to future drops, and more. The collection went live on Crypto.com NFT on 6 September.

Image17

[COMING SOON] Created by the seasoned sand artist SANDBANG, ‘Sand Lions’ is a collection containing unique 5,000 PFP collectibles created with sand. It tells the story of ancient lion warriors gathering to annihilate rampant evil and prepare for future wars.

Image11

Blockchain Games

[LIVE]Loaded Lions: Mane City, a tycoon-style game powered by Cronos, went live on 30 August. Each player is an entrepreneur with the goal of building and designing their dream city. Mane City became among the top ten Web3 games by volume across all chains this past week.

Image16 1

NFT Metrics

PlatformLogoCollectionSales Volume (USD)Floor Price
(USD)
OpenSeaImage34Bored Ape Yacht Club$10,258,559 (+15%)$45,525
OpenSeaImage24Mutant Ape Yacht Club$9,830,299 (+35%)$8,635
Crypto.comImage10Crypto.com Land – The First Frontier$240,307 (+95%)$91
Crypto.comImage30Loaded Lions$59,348 (-21%)$1,028
MintedImage10Crypto.com Land – The First Frontier$14,225 (+290%)$103
MintedImage3VVS Miner Mole$4,050 (-27%)$114
PlatformOpenSea
LogoImage34
CollectionBored Ape Yacht Club
Sales Volume (USD)$10,258,559 (+15%)
Floor Price
(USD)
$45,525
PlatformOpenSea
LogoImage24
CollectionMutant Ape Yacht Club
Sales Volume (USD)$9,830,299 (+35%)
Floor Price
(USD)
$8,635
PlatformCrypto.com
LogoImage10
CollectionCrypto.com Land – The First Frontier
Sales Volume (USD)$240,307 (+95%)
Floor Price
(USD)
$91
PlatformCrypto.com
LogoImage30
CollectionLoaded Lions
Sales Volume (USD)$59,348 (-21%)
Floor Price
(USD)
$1,028
PlatformMinted
LogoImage10
CollectionCrypto.com Land – The First Frontier
Sales Volume (USD)$14,225 (+290%)
Floor Price
(USD)
$103
PlatformMinted
LogoImage3
CollectionVVS Miner Mole
Sales Volume (USD)$4,050 (-27%)
Floor Price
(USD)
$114
As of 7 Sep 2023 Sources: OpenSea, Minted, Crypto.com Research

Blockchain Game Metrics

The following table shows select top games by weekly volume in USD:

GameBlockchain(s)Volume (USD)UAW
Image16Loaded Lions: Mane CityCronos$372,916 (+260%)2,296 (+64%)
Image2Gods UnchainedEthereum, Immutable X$4,447,458 (+61%)3,287 (-3%)
Image7Treasure DAOEthereum, Arbitrum$4,294,667 (-44%)1,302 (-18%)
Image12Axie InfinityEthereum, Ronin$3,287,077 (-26%)36,096 (+2%)
Image10 Copy 1BattleFlyArbitrum$1,089,281 (+56%)211 (-22%)
Image15Nine ChroniclesEthereum, BNB Chain, Other$894,417 (+1617%)39,940 (+4%)
Image16
GameLoaded Lions: Mane City
Blockchain(s)Cronos
Volume (USD)$372,916 (+260%)
UAW2,296 (+64%)
Image2
GameGods Unchained
Blockchain(s)Ethereum, Immutable X
Volume (USD)$4,447,458 (+61%)
UAW3,287 (-3%)
Image7
GameTreasure DAO
Blockchain(s)Ethereum, Arbitrum
Volume (USD)$4,294,667 (-44%)
UAW1,302 (-18%)
Image12
GameAxie Infinity
Blockchain(s)Ethereum, Ronin
Volume (USD)$3,287,077 (-26%)
UAW36,096 (+2%)
Image10 Copy 1
GameBattleFly
Blockchain(s)Arbitrum
Volume (USD)$1,089,281 (+56%)
UAW211 (-22%)
Image15
GameNine Chronicles
Blockchain(s)Ethereum, BNB Chain, Other
Volume (USD)$894,417 (+1617%)
UAW39,940 (+4%)
As of 7 Sep 2023 Sources: DappRadar, Crypto.com Research


Gaming Token Performance

The total market cap for gaming tokens now stands at US$8.37 billion, almost the same as last week.

Gaming Top Gainers and Losers

News Highlights

  • Loaded Lions: Mane City announced upcoming features of the game, including the access pass system, avatar boost, UI improvements, and mansion optimisation. 
  • Yuga Labs is set to launch the open beta for its upcoming game called Legends of the Mara. The game is part of the Otherside metaverse and is connected to the Bored Ape Yacht Club (BAYC) ecosystem. It allows players to own virtual land through their Otherdeed NFTs and explore an open-world game.
  • Starting from 15 September, Google will allow advertisements for blockchain-based NFT gaming. The updated policy will permit ads for NFT games that involve the purchase of in-game items, but ads promoting gambling with NFTs or real-world prizes will still be banned. 
  • Krafton, the developer of PUBG, has unveiled Settlus, a blockchain project built on Cosmos SDK. Launching its testnet in early 2024, Settlus aims to enable USDC settlements within the PUBG ecosystem and will operate as a Layer-1 blockchain. Settlus is associated with Project Migaloo, a metaverse platform offering a ‘create-to-earn’ system for content creators. 
  • Reddit has released a collection of NFT avatars representing all 32 NFL teams to celebrate the start of the football season. The digital collectibles can be used by fans to show support for their teams in online discussions and comment sections.
  • Producer Andreas ‘Axident’ Schuller is selling NFTs representing a percentage of future streaming royalties for Justin Bieber’s song ‘Company’. Partnering with AnotherBlock, Schuller is offering 2,000 Ethereum-based NFTs, each representing a 1% share of the streaming royalty rights. NFT holders will receive a portion of streaming proceeds from platforms like Apple Music and Spotify.

Recent Research Reports

  • Decentralised Stablecoins: Stablecoins are well positioned to facilitate broader adoption of cryptocurrencies. We explore the key decentralised stablecoin projects and their innovative mechanisms.
  • Research Roundup Newsletter [August 2023]: We present to you our latest issue of Research Roundup, featuring trending market insights in July, charts of the month, and our latest research exploring real-world assets.
  • Alpha Navigator: Quest for Alpha [August 2023]: Asset classes dipped in August; BTC and ETH underperformed. No surprises from the central bankers summit at Jackson Hole. China intensifies economic stimulus.

Recent University Articles


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Authors

Research and Insights Team

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.

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