Chart of the Week
DeGods, one of the most valuable profile picture (PFP) projects, has experienced significantly increased trading volume in the past week. The community had a negative reaction to the first unveiling of the project’s new ‘Season III’ artwork, where each NFT was linked to four generative art pieces. In response, the team changed course by opting for a simplified design of ‘Art Downgrade’. They also introduced a game dubbed ‘Points Parlor’, which allows users to stake NFTs and earn rewards in return. Nevertheless, the floor price has plummeted as a result of whales unloading their holdings.
New Project Spotlight
NFT Collectibles
[COMING SOON] ‘Dark Side of The Moon Festival 3023’ is a project by Zinkete, an illustrator and street artist. Dropping on 21 August on Crypto.com NFT, it details the fictional “Moon Festival”, during which the Moon becomes a centre of creativity, innovation, and inspiration.
[COMING SOON] ‘Future Worlds’ is a collection by Oscar Llorens, an illustrator with 15 years of experience working with both national and international clients. This drop features strange worlds that are full of colour and optimism, portrayed through the characteristic elements of the artist’s work. The collection goes live on Crypto.com NFT on 25 August.
Blockchain Games
[LIVE]Loaded Lions: Mane City has released new playbook updates, which include further details on supported platforms and operating systems, as well as a section that deep-dives into the game’s mechanics. The full tutorial for Loaded Lions: Mane City has also been released on YouTube.
[LIVE] The Cronos Stream for ecosystem project sharing and updates featured representatives from the gaming project CroSkulls, and other projects such as Krystal DeFi, Earn Network, and Pwn.xyz.
NFT Metrics
The following table shows select top collections (by weekly sales volume on each platform) and a sample of their art:
| Platform | Collection | Sales Volume (USD) | Floor Price (USD) | Sample |
|---|---|---|---|---|
| OpenSea | DeGods | $30,402,000 (+167%) | $7,500 |  |
| OpenSea | Bored Ape Yacht Club | $14,453,000 (+115%) | $49,100 |  |
| Crypto.com NFT | SYNTHTOPIA | $63,900 (—) | $50 |  |
| Crypto.com NFT | Loaded Lions | $47,500 (+87%) | $1,000 |  |
| Minted | ArgoPetz | $11,400 (-48%) | $20 |  |
| Minted | MiCROchips | $9,900 (-52%) | $40 |  |
| Platform | OpenSea |
|---|---|
| Collection | DeGods |
| Sales Volume (USD) | $30,402,000 (+167%) |
| Floor Price (USD) | $7,500 |
| Sample | |
| Platform | OpenSea |
| Collection | Bored Ape Yacht Club |
| Sales Volume (USD) | $14,453,000 (+115%) |
| Floor Price (USD) | $49,100 |
| Sample | |
| Platform | Crypto.com NFT |
| Collection | SYNTHTOPIA |
| Sales Volume (USD) | $63,900 (—) |
| Floor Price (USD) | $50 |
| Sample | |
| Platform | Crypto.com NFT |
| Collection | Loaded Lions |
| Sales Volume (USD) | $47,500 (+87%) |
| Floor Price (USD) | $1,000 |
| Sample | |
| Platform | Minted |
| Collection | ArgoPetz |
| Sales Volume (USD) | $11,400 (-48%) |
| Floor Price (USD) | $20 |
| Sample | |
| Platform | Minted |
| Collection | MiCROchips |
| Sales Volume (USD) | $9,900 (-52%) |
| Floor Price (USD) | $40 |
| Sample | |
Blockchain Game Metrics
The following table shows select top games by weekly Unique Active Wallets (UAW):
| Game | Blockchain(s) | UAW | Volume | Logo |
|---|---|---|---|---|
| Sweat Economy | Ethereum, Near | 175K (-12%) | $102K |  |
| Hippo Dash by Gameta | BNB Chain | 153K (-23%) | $0.5K |  |
| Pandra War | Polygon | 103K (-24%) | $1.1M |  |
| Carrom Blitz | Flow | 97K (+1%) | $2K |  |
| Splinterlands | WAX, Hive, BNB | 70K (+20%) | $1K |  |
| Game | Sweat Economy |
|---|---|
| Blockchain(s) | Ethereum, Near |
| UAW | 175K (-12%) |
| Volume | $102K |
| Logo | |
| Game | Hippo Dash by Gameta |
| Blockchain(s) | BNB Chain |
| UAW | 153K (-23%) |
| Volume | $0.5K |
| Logo | |
| Game | Pandra War |
| Blockchain(s) | Polygon |
| UAW | 103K (-24%) |
| Volume | $1.1M |
| Logo | |
| Game | Carrom Blitz |
| Blockchain(s) | Flow |
| UAW | 97K (+1%) |
| Volume | $2K |
| Logo | |
| Game | Splinterlands |
| Blockchain(s) | WAX, Hive, BNB |
| UAW | 70K (+20%) |
| Volume | $1K |
| Logo | |
Gaming Token Performance
The total market cap for gaming tokens now stands at US$8.53 billion, down -15% from last week.
News Highlights
- Crypto.com has released the full tutorial for the Loaded Lions: Mane City game. Loaded Lions: Mane City is a tycoon simulator game, where players design and build the cities of their dreams, and is set to launch in two weeks’ time.
- Japanese streetwear company BAPE collaborates with adidas Originals to release a limited edition sneaker bound to an associated set of NFTs. Beginning on 22 August, 100 NFTs linked to 100 corresponding physical pairs of sneakers will be available for auction.
- Popular NFT collection ‘y00ts’ has announced its migration from Polygon to the Ethereum mainnet. The ‘y00ts’ collection will join its sister collection ‘DeGods’, and subsequently return the grant previously received from the Polygon team.
- Zynga, the mobile game developer behind Farmville and Words With Friends, has announced its first-ever blockchain game, Sugartown. The game is set to utilise Ethereum-based NFTs, immersing players in an alternate realm where they will encounter creatures known as ‘Oras’.
- McDonald’s Singapore is giving away free NFT profile pictures on the Polygon network. Starting from 21 August, the regional branch of the fast food restaurant chain will offer up to 2,000 NFT collectibles featuring the brand’s purple monster mascot, Grimace, wearing different accessories.
- Decentraland has launched a four-week celebration of the humble emote. Fans of Decentraland will be able to engage with emote spaces, attend workshops, enter competitions, and party through the night.
Recent Research Report | ||
|---|---|---|
 |  |  |
| Alpha Navigator: Quest for Alpha [July 2023] | Real-World Assets: Bridging Real-World Value to DeFi | Crypto Market Sizing Report H1 2023 |
Recent Research Report | |
|---|---|
| |
| |
Recent Research Report | Alpha Navigator: Quest for Alpha [July 2023] |
| Real-World Assets: Bridging Real-World Value to DeFi | |
| Crypto Market Sizing Report H1 2023 |
- Crypto Market Sizing Report H1 2023: Global crypto owners reached 516 million by the first half of 2023.
- Real-World Assets: Bridging Real-World Value to DeFi: Real World Assets is a promising application for blockchain technology that is gaining traction. We explore notable projects like Centrifuge, Ondo, Tangible, and Toucan.
- Alpha Navigator: Quest for Alpha [July 2023]: Risk assets continued their positive price action in July, although BTC dipped slightly. Macro calendar is quiet up until mid-August when we have the US CPI and release of FOMC minutes.
Recent University Articles | ||
|---|---|---|
 |  |  |
| What Are Layer-0 Protocols? Infrastructure for Customised Blockchains | Top Governance Tokens to Know in 2023 | The Future of Ethereum: What to Expect in the Coming Years |
Recent University Articles | |
|---|---|
| |
| |
Recent University Articles | What Are Layer-0 Protocols? Infrastructure for Customised Blockchains |
| Top Governance Tokens to Know in 2023 | |
| The Future of Ethereum: What to Expect in the Coming Years |
- What Are Layer-0 Protocols? Infrastructure for Customised Blockchains: Layer-0 protocols are the infrastructure on which customised Layer-1 blockchains are built. We explore notable projects like Cosmos, Polkadot, and Avalanche.
- Top Governance Tokens to Know in 2023: Discover the top crypto governance tokens making waves in the decentralised finance and blockchain sectors.
- The Future of Ethereum: What to Expect in the Coming Years: Exploring the upcoming upgrades and developments that will shape the Ethereum network’s future.
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