NFT & Blockchain Gaming Weekly (15/09/2023)

Meta partnered with universities to launch a VR educational program. OnChainMonkey migrated its OCM Genesis NFT collection from Ethereum to Bitcoin. Milady NFT suffered an exploit.

Sep 15, 2023
Crypto.com NFT and Gaming

Chart of the Week

The team behind Milady Maker NFT announced that the project has suffered an exploit in which a developer in the Milady ecosystem diverted about US$1 million in generated fees from Remilia Corporation. After the news, the collection suffered significant selling pressure, with the floor price plummeting by more than 35%. 

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New Project Spotlight

NFT Collectibles

[LIVE]Sand Lions’ is SANDBANG’s new collection featuring unique 5,000 PFP NFTs created using sand. Holders can enjoy exclusive perks, including custom sand art, NFT airdrops, and merchandise. The collection went live on Crypto.com NFT on 13 September.

[COMING SOON] LOFI Pods Mystery Box NFT‘ features utility-driven NFTs designed for LOFI EQ, an app that enables live stream fans to monetise their watch time. It was created by lofi_buzz, a team of tech experts from AWS, Samsung, and leading startups.

Blockchain Games

[LIVE] Loaded Lions: Mane City has released new playbook updates, which include additional sections detailing in-game parameters. A full tutorial for Loaded Lions: Mane City is available on YouTube, and you can also join its Discord Server for all the latest news, updates, and help guides.

[LIVE] Ballies announced it will be ending its Beta testing phase soon, and its official launch on iOS and Android will be coming in the next two weeks.


The following table shows select top collections (by weekly sales volume on each platform):

NFT Metrics

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

Blockchain Game Metrics

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Gaming Token Performance

The total market cap for gaming tokens now stands at US$7.97 billion, dropped by -4.8% from last week.

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News Highlights

  • Meta has partnered with 15 universities in the US to launch a programme that aims to transform education using metaverse technologies like virtual and augmented reality. It will also launch dedicated education shelves in the Meta Quest store.
  • OnChainMonkey creator Metagood has migrated its OCM Genesis NFT collection from Ethereum to Bitcoin using RSK technology, which allows for the creation of smart contracts on the Bitcoin blockchain. 
  • Animoca Brands, a Web3 gaming and investment firm, has raised $20 million for its Mocaverse project, which aims to create a decentralised virtual world where users can create on-chain identities and interact with each other. The recent funding round will be used to expand the Mocaverse project and develop new features.
  • The Securities and Exchange Commission (SEC) has charged Stoner Cats 2 LLC, the creator of the web series and NFT project Stoner Cats, with unregistered offering of NFTs. This marks the second major enforcement action by the SEC in the NFT space.

Recent Research Reports

  • Research Roundup Newsletter [August 2023]: We present to you our latest issue of Research Roundup, featuring trending market insights in August, charts of the month, and our latest research on decentralised stablecoins.
  • 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.
  • Decentralised Stablecoins: Stablecoins are well positioned to facilitate broader adoption of cryptocurrencies. We explore the key decentralised stablecoin projects and their innovative mechanisms.

Recent University Articles


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Authors

Research and Insights Team

Disclaimer

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