NFT & Blockchain Gaming – 📈 Fantasy Top: NFT Trading Card Game Surges on Blast

Fantasy.top, an NFT trading card game, surges on Blast. Heroes of Mavia launches the Ruby Marketplace for in-game NFTs. Paragraph acquired its competitor Mirror, to develop a new Web3 social media app.

May 10, 2024
Crypto.com NFT and Gaming

Chart of the Week

Fantasy.top, a fantasy football-style card NFT game on Ethereum Layer-2 network Blast has quickly become one of the most profitable Web3 apps, ranking 8th in revenue generated over the last seven days. As of 9 May 2024, it earned a total of US$9.75 million in ETH.

The game’s unique concept of turning Web3 Twitter personalities into NFT “hero” trading cards has driven a lot of engagement. The influencers themselves participate in and earn a cut of the pack sales and secondary market fees. According to Decrypt, fantasy.top paid out US$1.25 million worth of ETH to top influencers.

However, the game has also led to technical issues, as its creators had to prematurely end the initial Main Competition due to the control of heroes’ social media engagement metrics by bots.

Screenshot 2024 05 10 At 5.25.36 pm

New Project Spotlight

NFT Collectibles

[Live] The Depot

Good news for Loaded Lions: Mane City tycoons! ‘The Depot’ has been restocked with a limited batch of 6,000 ‘Elite Tactical Gear’ NFTs! You can now enhance your in-game experience if you missed the initial drop or previous ‘The Depot’ restocks. Get your hands on the NFTs to strengthen your arsenal now.

Image22

[Upcoming] The Boojos 3024

Diego M. Montes aka Zinkete is back with more wacky artworks! Inspired by the Art Toy Culture and Designer Toys, ‘The Boojos 3024’ is a cheerful collection of 1,000 unique pieces created using over 400 different traits. In this world, the Boojos are the toys that the children of the year 3024 will play with.

Image26

Screenshot 2024 05 10 At 5.28.48 pm

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

Screenshot 2024 05 10 At 5.29.53 pm

Gaming Token Performance

The total market cap for gaming tokens now stands at $31 billion, increasing by +5.03% from last week.

Screenshot 2024 05 10 At 5.31.21 pm

News Highlights

  • Skrice Studios introduces the Ruby Marketplace within its popular game Heroes of Mavia, to facilitate in-game NFT trades exclusively in RUBY tokens.
  • Blockchain-based publishing platform Paragraph acquired its competitor Mirror, leading to the development of a new Web3 social media app called ‘Kiosk’. Mirror will continue to operate independently for a while before merging with Paragraph. The focus of Mirror’s developers will shift towards creating the new app, which will be built on the Farcaster Protocol. The new platform aims to create a social space where users can not only see people’s opinions and preferences but also track and trade digital assets.
  • Yuga Labs, known for the ‘Bored Ape Yacht Club’ NFT project, and Somnia Forge, a gaming portal, have united to enhance integration in the metaverse. This collaboration promises increased flexibility for Yuga Labs’s NFT holders within Somnia’s immersive gaming environment.
  • Notcoin’s NOT token launch is set for 16 May, marking a delayed but anticipated step for the viral Telegram-based game. It plans to expand into various social games, aiming to become a comprehensive platform akin to the “Netflix of social, viral games”.
  • DeGods and y00ts NFT collections have returned to Solana. Since their return, the Solana blockchain has seen a significant surge in its NFT sales volume.
  • A ‘Bored Ape Yacht Club’ holder lost three rare NFTs valued at $164,400 to a phishing scam, as noted by crypto investigator ZachXBT. The phishing attack targeted ‘Bored Ape Yacht Club’ NFTs #7531, #6736, and #2100, with a total value of 54.9 ETH.

Recent Research Reports


Recent University Articles


We’re all ears.

Your feedback helps make our reporting more insightful. Tell us how we can improve this newsletter by taking the survey below. It will take less than a minute of your time. Thank you!


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.

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.

Tags

Blockchain Gaming

cryptocurrencies

NFT

Share with Friends

Ready to start your crypto journey?

Get your step-by-step guide to setting up an account with Crypto.com

By clicking the Get Started button you acknowledge having read the Privacy Notice of Crypto.com where we explain how we use and protect your personal data.
Mobile phone screen displaying total balance with Crypto.com App

Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens