Chart of the Week

Casey Rodarmor, the creator and chief coder of Bitcoin Ordinals, proposed to change the numbering system of the protocol’s inscriptions. He suggested making the numbers “permanently unstable” to simplify the codebase and facilitate future protocol changes. This is because maintaining a unique and stable inscription number for each Ordinal NFT has resulted in complicated code and hindered development.


New Project Spotlight

NFT Collectibles

[LIVE]m00m world | genesis’ is a project by m00m consisting of 4,200 total m00m shipping container creatures (dynamic PFP NFTs). A limited supply of 1,000 will be available exclusively on Crypto.com. Each collectible is minted with varying degrees of rarity, powers, and utility within ‘m00m world’, its Virtual Interaction Platform (VIP).

[COMING SOON] LOFI Pods Mystery Box NFT‘ features utility-driven NFTs designed for LOFI EQ, an app that enables live streaming 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] The ‘Mane City Awards’ collection features four unique trophy NFTs for the top 10 tycoons in Loaded Lions: Mane City’s Competitive Mode leaderboard. Top-ranked tycoons will receive exclusive awards which grant them a boost for future seasons. These include the ‘Lion’s Tenacity Award’, ‘Bronze Valour Award’, and ‘Silver Spirit Award’ NFTs.

[LIVE] Loaded Lions: Mane City is introducing the Mane City Access Pass system. Crypto.com Land NFT holders are recognised as Access Pass providers and can invite others to join the game by sharing their unique access code. Access Pass providers will earn Diamond bonuses based on their referrals’ in-game purchases. The more players join and spend in the game, the larger the Diamond rewards and Competitive Mode prize pool become. Land NFT holders also benefit from an increased Diamond generation rate. Newcomers can join Loaded Lions: Mane City with an access code and become part of the community of tycoons. Mane City aims to provide a collective journey of growth and prosperity for all players, with more updates and announcements to come soon.


NFT Metrics

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

PlatformLogoCollectionSales Volume (USD)Floor Price(USD)
OpenSea
Bored Ape Yacht Club$6,175,450 (-47%)$40,522
OpenSea
Mutant Ape Yacht Club$5,667,677 (-57%)$7,893
Crypto.com
Crypto.com Land – The First Frontier$82,561 (-8%)$89
Crypto.com
Loaded Lions$41,775 (-3%)$919
Minted
VVS Miner Mole$5,873 (+26%)$114
Minted
Crypto.com Land – The First Frontier$1,574 (-47%)$95
As of 21 Sep 2023 Sources: OpenSea, Minted, Crypto.com Research

Blockchain Game Metrics

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

GameBlockchain(s)Volume (USD)UAW
Loaded Lions: Mane CityCronos$108,068 (-34%)3,403 (-7%)
Gods UnchainedEthereum, Immutable X$5,377,650 (+88%)4,299 (+29%)
Axie InfinityEthereum, Ronin$5,225,040 (-12%)38,569 (-4%)
Treasure DAOEthereum, Arbitrum$4,525,992 (+15%)1,359 (+8%)
SuperWalkKlaytn$673,473 (-14%)56,753 (-2%)
Galactic QuadrantBNB Chain$387,477 (+149%)219 (+11%)
As of 21 Sep 2023 Sources: Crypto.com Research, DappRadar

Gaming Token Performance

The total market cap for gaming tokens now stands at US$8.27 billion, growing by +6.2% from last week.


News Highlights


Recent Research Reports

   
Research Roundup Newsletter [August 2023]Alpha Navigator: Quest for Alpha [August 2023]Decentralised Stablecoins

Recent University Articles

   
What Is Solana (SOL)?What Is a Rug Pull and How Does It Work?Pig Butchering Scams: What They Are and How To Avoid Them

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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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NFT & Blockchain Gaming Weekly (22/09/2023)

Loaded Lions introduces Mane City Awards & Access Pass system. Casey Rodarmor proposes using unstable numbers for inscriptions in Bitcoin Ordinals. Magic Eden integrates Solana’s cNFTs.

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