NFT & Blockchain Gaming Weekly (20/10/2023)

y00ts NFT transitions from Polygon to Ethereum. Open Metaverse Alliance (OMA3) is formed to address challenges for NFTs and the metaverse. Animoca Brands and Amber launch Web3 Formula E video game.

Oct 20, 2023
Crypto.com NFT and Gaming

Chart of the Week

The transition of NFT collection ‘y00ts’ from the Polygon to Ethereum blockchain has rolled out. This started on 16 October 2023, and within the first seven hours, 4,600 ‘y00ts’ holders migrated their assets from Polygon to Ethereum. To incentivise early adoption, the project is covering all gas fees for first movers within the first 24 hours. It’s also randomly distributing 10 ‘y00ts’ NFTs to wallets that switch blockchains within the first day. The transition process has been facilitated by partnering with Wormhole Crypto’s cross-chain NFT standard. Additionally, to prompt ‘y00ts’ holders to migrate their assets to Ethereum, the project will impose a royalty fee of 33.3% starting 22 October for ‘y00ts’ collectibles traded on Polygon.

Crypto.com Average Price of y00ts on Ethereum and Polygon

New Project Spotlight

NFT Collectibles

[LIVE] Ape Royal’ is an exclusive art collection created by artist Kaysha. Each NFT features a unique depiction of an ape living a life of luxury and royalty, and the drop includes various utility items. These include new art from a future collection (Smooth Catz Club), and exclusive Ape Royal apparel.

Crypto.com Ape Royal Kaysha NFT

[UPCOMING] ‘LIFE OF HEL’ represents the establishment of a new IP monetisation platform set to elevate the LOH saga as the next global-scale manga and anime series. The LOH manga series consists of seven volumes, which will be physically published by Kadokawa Gempak Starz (Q4-23), and an animated series is also in the pipeline for release on OTT streaming platforms. The first PFP drop of the LOH series is ‘LIFE OF HEL – Reapers‘.

Crypto.com Life of HEL NFT

NFT Metrics

PlatformCollection7D Sales Volume (USD)Floor Price
(USD)
OpenSeaBored Ape Yacht ClubBored Ape Yacht Club$13,491,167 (+26%)$40,664
OpenSeaMutant Ape Yacht ClubMutant Ape Yacht Club$4,895,943 (+25%)$7,664
Crypto.comImage2 CopyLoaded Lions$50,396 (+58%)$924
Crypto.comImage10 Copy 1Crypto.com Land – The First Frontier$34,791 (+5%)$73
MintedVVS Miner MoleVVS Miner Mole$4,113 (-68%)$117
MintedImage7 3Boomer Squad$2,823 (+423%)$48
PlatformOpenSea
Bored Ape Yacht Club
CollectionBored Ape Yacht Club
7D Sales Volume (USD)$13,491,167 (+26%)
Floor Price
(USD)
$40,664
PlatformOpenSea
Mutant Ape Yacht Club
CollectionMutant Ape Yacht Club
7D Sales Volume (USD)$4,895,943 (+25%)
Floor Price
(USD)
$7,664
PlatformCrypto.com
Image2 Copy
CollectionLoaded Lions
7D Sales Volume (USD)$50,396 (+58%)
Floor Price
(USD)
$924
PlatformCrypto.com
Image10 Copy 1
CollectionCrypto.com Land – The First Frontier
7D Sales Volume (USD)$34,791 (+5%)
Floor Price
(USD)
$73
PlatformMinted
VVS Miner Mole
CollectionVVS Miner Mole
7D Sales Volume (USD)$4,113 (-68%)
Floor Price
(USD)
$117
PlatformMinted
Image7 3
CollectionBoomer Squad
7D Sales Volume (USD)$2,823 (+423%)
Floor Price
(USD)
$48
As of 19 Oct 2023
Sources: OpenSea, Minted, Crypto.com Research

Blockchain Game Metrics

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

GameBlockchain(s)7D Volume (USD)7D UAW
Loaded Lions Mane CityLoaded Lions: Mane CityCronos$30,008 (-38%)2,960 (-1%)
Image21 Copy 1X World GamesEthereum, BNB Chain, Arbitrum$7,436,535 (-)39 (-77%)
Gods UnchainedGods UnchainedEthereum, Immutable X$4,434,177 (-7%)3,776 (-2%)
Treasure DAOTreasure DAOEthereum, Arbitrum$3,235,747 (-73%)1,361 (-2%)
Axie InfinityAxie InfinityEthereum, Ronin$2,997,181 (-66%)29,027 (-4%)
Image19 Copy 3BurgerCitiesBNB Chain$1,268,095 (-)1,813 (+2%)
Loaded Lions Mane City
GameLoaded Lions: Mane City
Blockchain(s)Cronos
7D Volume (USD)$30,008 (-38%)
7D UAW2,960 (-1%)
Image21 Copy 1
GameX World Games
Blockchain(s)Ethereum, BNB Chain, Arbitrum
7D Volume (USD)$7,436,535 (-)
7D UAW39 (-77%)
Gods Unchained
GameGods Unchained
Blockchain(s)Ethereum, Immutable X
7D Volume (USD)$4,434,177 (-7%)
7D UAW3,776 (-2%)
Treasure DAO
GameTreasure DAO
Blockchain(s)Ethereum, Arbitrum
7D Volume (USD)$3,235,747 (-73%)
7D UAW1,361 (-2%)
Axie Infinity
GameAxie Infinity
Blockchain(s)Ethereum, Ronin
7D Volume (USD)$2,997,181 (-66%)
7D UAW29,027 (-4%)
Image19 Copy 3
GameBurgerCities
Blockchain(s)BNB Chain
7D Volume (USD)$1,268,095 (-)
7D UAW1,813 (+2%)
As of 19 Oct 2023
Sources: Crypto.com Research, DappRadar

Gaming Token Performance

The total market cap for gaming tokens now stands at US$8.1 billion, dropped by -1.8% from last week.

Crypto.com Gaming Top Gainers and Losers

News Highlights

  • Web3 Titans formed the Open Metaverse Alliance (OMA3) to address challenges in the NFT industry and metaverse. The alliance aims to establish international standards for NFT marketplaces, protect creator royalties, and promote a thriving and equitable virtual world. The alliance includes leading blockchain, NFT, and metaverse companies like Yuga Labs, Magic Eden, Alien Worlds, The Sandbox, and Decentraland.
  • Animoca Brands and Amber launched Web3 racing management game “Formula E: High Voltage” on 19 October. The game is the first official Formula E video game and is licensed by FIA Formula E. It allows players to own unique in-game items as NFTs and offers a dynamic connection between the digital racing world and players.
  • Beanz Stickers, created by Chiru Labs, the parent company behind NFT projects like Azuki and Beanza, gained popularity on the LINE messaging platform. Its traction could be attributed to its collaboration with IPX, the company behind the LINE FRIENDS characters. According to data from IPX, the Beanz sticker pack has claimed the top spot in South Korea’s “Creators” section in the LINE Sticker shop.
  • Norman Rockwell Museum and the Rockwell family estate collaborated to release a collection of NFTs called ‘Studio Sessions’ on 1 November to celebrate the legacy of the late painter. The collection features behind-the-scenes footage, audio recordings, and rare photographs from Norman Rockwell’s studio. The NFTs provide a unique opportunity for art enthusiasts and collectors to gain insight into Rockwell’s creative process. The collection aims to preserve and share Rockwell’s artistic legacy in the digital realm.

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