NFT & Blockchain Gaming Weekly (11/08/2023)

Cronos Discover launches, showcasing popular Cronos apps. Reebok and VeeFriends collaborate on a sneaker. Game developer nWay announces a game with Bored Ape characters.

Aug 11, 2023
Crypto.com NFT GameFi Weekly

Chart of the Week

ERC-6551 is a token standard that enables token-bound accounts, giving each NFT its own account and wallet address. The protocol requires no changes to the original ERC-721 contract, while enabling each NFT to own ETH and other ERC-20, ERC-721, and ERC-1155 tokens. ERC-6551 gives each NFT the ability to record its own on-chain history, where the value is accrued within the NFT instead of an external wallet. Token-bound accounts have the potential to enable new use cases such as NFT member loyalty programmes, true on-chain identities, as well as game mechanics involving digital outfits and items.


New Project Spotlight

NFT Collectibles

[COMING SOON] Inside the mind II is a project by 2J STARY, an artist specialising in 3D animation. Dropping on 14 August on Crypto.com NFT, it features distinctive and colourful compositions that bring the viewer on a trip through the artist’s mind.

[COMING SOON] SYNTHTOPIA is a collection by DESTABILIZED, a collective of visionary artists, entrepreneurs, and creatives. This drop features 3,000 unique avatars, artefacts, robots, supercars, treasure bundles, cinematic moments, and more. The collection goes live on Crypto.com NFT on 16 August.

Blockchain Games

[LIVE]Ballies, CroSkull, and Marbleverse have been named as reward recipients in the eighth batch of the Cronos Ecosystem Grant. The three gaming projects stood out among 180 other winners of the grant, which supports projects on Cronos by bootstrapping initial product development and providing monetary, technical, and marketing support.

[LIVE] The Eyeball Games team has been focusing on improving the visual details of the pool balls in the Eyeball Pool game. The upcoming Phase 2 of the game will also include new features such as multiplayer PvP, a revamped UI, and time-based tournaments.


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
OpenSeaDeGods$12,345,000
(—)
$13,300
OpenSeaBored Ape Yacht Club$7,358,000
(+434%)
$57,400
Crypto.com NFTCrypto.com Land – The First Frontier$44,200
(+37%)
$70
Crypto.com NFTLoaded Lions$25,600
(-42%)
$1,000
MintedArgoPetz$21,900
(—)
$20
MintedMiCROchips$20,500
(-9%)
$40
PlatformOpenSea
CollectionDeGods
Sales Volume (USD)$12,345,000
(—)
Floor Price (USD)$13,300
Sample
PlatformOpenSea
CollectionBored Ape Yacht Club
Sales Volume (USD)$7,358,000
(+434%)
Floor Price (USD)$57,400
Sample
PlatformCrypto.com NFT
CollectionCrypto.com Land – The First Frontier
Sales Volume (USD)$44,200
(+37%)
Floor Price (USD)$70
Sample
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$25,600
(-42%)
Floor Price (USD)$1,000
Sample
PlatformMinted
CollectionArgoPetz
Sales Volume (USD)$21,900
(—)
Floor Price (USD)$20
Sample
PlatformMinted
CollectionMiCROchips
Sales Volume (USD)$20,500
(-9%)
Floor Price (USD)$40
Sample
As of 11 Aug 2023 Sources: OpenSea, Minted, Crypto.com Research

Blockchain Game Metrics

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

GameBlockchain(s)UAWVolumeLogo
Sweat EconomyEthereum, Near199K
(-24%)
$171K
Hippo Dash by GametaBNB Chain198K
(+2%)
$0.3K
Pandra WarPolygon135K
(+44%)
$753K
Carrom BlitzFlow97K
(+1%)
$2K
PlayEmberNear72K
(-18%)
$0.7K
GameSweat Economy
Blockchain(s)Ethereum, Near
UAW199K
(-24%)
Volume$171K
Logo
GameHippo Dash by Gameta
Blockchain(s)BNB Chain
UAW198K
(+2%)
Volume$0.3K
Logo
GamePandra War
Blockchain(s)Polygon
UAW135K
(+44%)
Volume$753K
Logo
GameCarrom Blitz
Blockchain(s)Flow
UAW97K
(+1%)
Volume$2K
Logo
GamePlayEmber
Blockchain(s)Near
UAW72K
(-18%)
Volume$0.7K
Logo
As of 11 Aug 2023 Sources: DappRadar, Crypto.com Research

Gaming Token Performance

The total market cap for gaming tokens now stands at US$10.02 billion, up +1% from last week.

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