Chart of the Week
Although blockchain gaming activity in 2023 so far has been lower than last year, the latest data from DappRadar shows that the average number of daily unique active wallets (UAW) in Q3 has increased by +12% quarter-over-quarter to 787K. On August 30, Crypto.com and Cronos launched their first-ever collaborative Web3 game, Loaded Lions: Mane City, which has gained significant traction in the community. The trading volume of the game has exceeded US$931,666 since its launch.
New Project Spotlight
NFT Collectibles
[LIVE] Created by DeFi The Game, ‘The International Game‘ collection features NFTs that celebrate cricket’s growth into a worldwide sport enjoyed by billions. Purchasing an NFT grants purchasers a redeemable, giving holders a chance to watch high-profile and first-class cricket fixtures in locations such as India, South Africa, England, Australia, and the UAE.
[COMING SOON] The ‘ACFC x Las Fotos Project NFT’ is a collaborative project between Angel City Football Club (ACFC), Crypto.com, and Las Fotos Project, a non-profit elevating the voices of teenage girls and gender-expansive youth from communities of color through photography and mentoring. The collection represents the values that ACFC and the Las Fotos Project share, and is specifically designed for Supporter Season Ticket Holders who play an irreplaceable role in the ACFC fan base, and the LA community as a whole.
[COMING SOON] ‘Ape Royal’ is an exclusive art collection created by artist Kaysha. Each NFT features a unique depiction of an ape living the life of luxury and royalty, and the drop includes various utility items including New art from future collection (Smooth Catz Club) and exclusive Ape Royal apparel.
Blockchain Gaming
[COMING SOON] The Merchant of Croskull announced major changes for its upcoming Season 6, bringing a wind of novelty and mystery to the world of Croskull. Head over to the blog for full details.
NFT Metrics
| Platform | Collection | 7D Sales Volume (USD) | Floor Price (USD) | |
|---|---|---|---|---|
| OpenSea |  | Bored Ape Yacht Club | $10,559,932 (+74%) | $40,663 |
| OpenSea |  | Mutant Ape Yacht Club | $3,906,246 (-9%) | $7,637 |
| Crypto.com |  | Crypto.com Expedition Gear: Tools of the Trade | $148,846 (-) | $3 |
| Crypto.com |  | Crypto.com Land – The First Frontier | $33,607 (-31%) | $72 |
| Minted |  | VVS Miner Mole | $12,626 (+112%) | $115 |
| Minted |  | Izanami’s Cradle: Land Deeds | $1,529 (-) | $85 |
| Platform | OpenSea |
|---|---|
| |
| Collection | Bored Ape Yacht Club |
| 7D Sales Volume (USD) | $10,559,932 (+74%) |
| Floor Price (USD) | $40,663 |
| Platform | OpenSea |
| |
| Collection | Mutant Ape Yacht Club |
| 7D Sales Volume (USD) | $3,906,246 (-9%) |
| Floor Price (USD) | $7,637 |
| Platform | Crypto.com |
| |
| Collection | Crypto.com Expedition Gear: Tools of the Trade |
| 7D Sales Volume (USD) | $148,846 (-) |
| Floor Price (USD) | $3 |
| Platform | Crypto.com |
| |
| Collection | Crypto.com Land – The First Frontier |
| 7D Sales Volume (USD) | $33,607 (-31%) |
| Floor Price (USD) | $72 |
| Platform | Minted |
| |
| Collection | VVS Miner Mole |
| 7D Sales Volume (USD) | $12,626 (+112%) |
| Floor Price (USD) | $115 |
| Platform | Minted |
| |
| Collection | Izanami’s Cradle: Land Deeds |
| 7D Sales Volume (USD) | $1,529 (-) |
| Floor Price (USD) | $85 |
Sources: OpenSea, Minted, Crypto.com Research
Blockchain Game Metrics
| Game | Blockchain(s) | 7D Volume (USD) | 7D UAW | |
|---|---|---|---|---|
 | Loaded Lions: Mane City | Cronos | $37,944 (-38%) | 2,977 (-2%) |
 | Treasure DAO | Ethereum, Arbitrum | $12,062,328 (-10%) | 1,385 (-7%) |
 | Axie Infinity | Ethereum, Ronin | $8,745,505 (+137%) | 30,144 (+5%) |
 | Gods Unchained | Ethereum, Immutable X | $4,744,887 (-4%) | 3,839 (-2%) |
 | The Sandbox | Ethereum, Polygon | $1,678,282 (+423%) | 1,178 (+19%) |
 | SuperWalk | Klaytn | $595,092 (-6%) | 56,414 (+7%) |
| |
| Game | Loaded Lions: Mane City |
| Blockchain(s) | Cronos |
| 7D Volume (USD) | $37,944 (-38%) |
| 7D UAW | 2,977 (-2%) |
| |
| Game | Treasure DAO |
| Blockchain(s) | Ethereum, Arbitrum |
| 7D Volume (USD) | $12,062,328 (-10%) |
| 7D UAW | 1,385 (-7%) |
| |
| Game | Axie Infinity |
| Blockchain(s) | Ethereum, Ronin |
| 7D Volume (USD) | $8,745,505 (+137%) |
| 7D UAW | 30,144 (+5%) |
| |
| Game | Gods Unchained |
| Blockchain(s) | Ethereum, Immutable X |
| 7D Volume (USD) | $4,744,887 (-4%) |
| 7D UAW | 3,839 (-2%) |
| |
| Game | The Sandbox |
| Blockchain(s) | Ethereum, Polygon |
| 7D Volume (USD) | $1,678,282 (+423%) |
| 7D UAW | 1,178 (+19%) |
| |
| Game | SuperWalk |
| Blockchain(s) | Klaytn |
| 7D Volume (USD) | $595,092 (-6%) |
| 7D UAW | 56,414 (+7%) |
Sources: Crypto.com Research, DappRadar
Gaming Token Performance
The total market cap for gaming tokens now stands at US$8.25 billion, growing by +1.7% from last week.
News Highlights
- Starbucks integrated NFTs into their celebration of the Pumpkin Spice Latte. They have launched open-edition NFTs called “Digital Stamps” as part of their Web3 loyalty program, Starbucks Odyssey. The NFTs are divided into four categories and are available for purchase for $20 each. NFT collectors will receive loyalty points and unique rewards. The NFTs are exclusive to Odyssey members, and the CryptoArt behind them will be revealed after purchase.
- World of Women, an NFT project that focuses on women’s representation, has partnered with WS Game Company, the parent company behind Monopoly, to create a special edition version of the popular board game called Monopoly: WoW Galaxy Edition. The game will be available exclusively to World of Women and World of Women Galaxy holders and will be distributed as an NFT that can be redeemed for a physical version of the board game. The game will incorporate custom illustrations within the game to honour the robust web3 community of WoW.
- Nike and RTFKT collaborated to release NFT-enriched Dunk Genesis sneakers. The opportunity is available to existing NFT holders, who can purchase up to five pairs of physical sneakers in three different colours. The sneakers, named Dunk Genesis ‘OG,’ ‘Void,’ and ‘Clone X,’ come with digital ownership and NFT counterparts. Once the physical sneakers are redeemed, the digital counterparts will remain in the owners’ virtual wallets. The sneakers will be delivered by June 2024.
- Avant Arte, a curated marketplace known for making art more accessible, has partnered with Yuga Labs to transform CryptoPunks into tangible prints. Two limited-edition prints, ‘10,000 On Chain’ and ‘Punk On-Chain,’ will be created by printmaker experts at London’s ‘Make-Ready.’ The 10,000 On Chain print will feature all 10,000 CryptoPunks in a single 60cm x 60cm UV pigment print, while the Punk On-Chain print will be exclusive to CryptoPunks holders and will showcase individual Punks in 40cm x 40cm prints.
- Upland, in partnership with the NFL Players Association (NFLPA), launched new digital collectible bundles for the 2023/24 NFL season. The collaboration allows fans to engage with their favourite NFL players and teams through web3 technologies, including gamified digital collectibles, community events, and community-created shops.
- China Daily, an English-language newspaper in China, is planning to launch its own metaverse and non-fungible token (NFT) platform. The newspaper has announced that it will award 2.813 million Chinese yuan (approximately US$390,000) to a third-party contractor who can design the NFT platform within the specified budget.
Recent Research Reports
 |  |  |
|---|---|---|
| Research Roundup Newsletter [September 2023] | Ethereum: Dencun Upgrade and Proto-Danksharding | Alpha Navigator: Quest for Alpha [September 2023] |
| Research Roundup Newsletter [September 2023] |
|---|---|
| Ethereum: Dencun Upgrade and Proto-Danksharding |
| Alpha Navigator: Quest for Alpha [September 2023] |
- Research Roundup Newsletter [September 2023]: We present to you our latest issue of Research Roundup, featuring trending market insights in September, charts of the month, and our insights on the Ethereum Dencun upgrade.
- Ethereum: Dencun Upgrade and Proto-Danksharding: Ethereum’s next major upgrade is Dencun, which introduces Proto-Danksharding. We explore what it is and its benefits.
- Alpha Navigator: Quest for Alpha [September 2023]: Risk assets end 3Q 2023 mostly down on a QoQ basis, but YTD paints a more positive picture. Inflation retreats. The US avoids a government shutdown.
Recent University Articles
 |  |  |
|---|---|---|
| What Is AVAX (Avalanche)? | What Is MakerDAO (DAI)? | Recruitment Scams – How to Know if a Job Offer Is Fake |
| What Is AVAX (Avalanche)? |
|---|---|
| What Is MakerDAO (DAI)? |
| Recruitment Scams – How to Know if a Job Offer Is Fake |
- What Is AVAX (Avalanche)?: Dive into Avalanche’s AVAX token and learn about its consensus mechanism, tokenomics, and how it compares to other Layer-1 protocols.
- What Is MakerDAO (DAI)?: Learn about the DAO of DAOs and its stablecoin, DAI — including how to use, trade, and create it.
- Recruitment Scams – How to Know if a Job Offer Is Fake: Received a job offer out of the blue that sounds too good to be true? It might be a recruitment scam. In this article, learn all about fake job offers in the crypto space and how to recognise them.
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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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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.
