NFT & Blockchain Gaming Weekly (25/08/2023)

OpenSea stops enforcing royalty fees on NFT secondary sales. Yuga Labs winds down support for OpenSea. Magic Eden pledges US$1 million fund to support Polygon NFTs.

Aug 25, 2023
Crypto.com NFT and Gaming

Chart of the Week

OpenSea has announced that it will stop enforcing creator royalty fees on secondary sales of NFTs. From 31 August onwards, artists who list new projects on OpenSea will not be able to make it compulsory for buyers to pay a creator fee. Instead, artists will only be able to indicate their preferred creator fee, which buyers can choose to pay as a tip. Previously, creator fees typically ranged from 2.5% to 10%.

Crypto.com OpenSea Royalty Fees

New Project Spotlight

NFT Collectibles

[COMING SOON] VIV ANDERSON is a project from PlayOnPro featuring Viv Anderson, a former English professional footballer, and the first person of African descent to play for England’s national football team. Dropping on 28 August on Crypto.com NFT, it includes digitised sports memorabilia, career highlights, autographed merchandise, and exclusive experiences with Viv Anderson.

Crypto.com Viv Anderson

[COMING SOON] Doookie is a collection by FriedFriday, an illustrator with extensive experience in the video games industry. This drop features the adventures of Peacheeze, a genre-bending rock band that is especially fond of punk rock and nu-metal. The collection goes live on Crypto.com NFT on 1 September.

Crypto.com Peacheeze

Blockchain Games

[LIVE] The narrative team of D.G.Pals has completed several new updates, including a storyboard for a new animated chapter and descriptions for items in Legends. Moving forward, the team will also release new stories and characters, along with an improved UI and upgrade system.

Crypto.com D.G. Pals

[COMING SOON] Eyeball Games is implementing the forging of pool cues in the Eyeball Pool game. Players are able to combine five distinct parts to create their perfect cue. Eyeball Games is also hosting a side event with Polygon Labs at TOKEN2049, where Balldroid holders are eligible to attend the event upon signing up.

Crypto.com Eyeball Games

NFT Metrics

The following table shows select top collections (by weekly sales volume on each platform) and a sample of their art:

PlatformCollectionSales Volume (USD)Floor Price 
(USD)
Sample
OpenSeaBored Ape Yacht Club$21,515,000
(+49%)
$40,100Image15 1
OpenSeaMutant Ape Yacht Club$8,402,000
(+11%)
$8,030Image6 2
Crypto.com NFTSYNTHTOPIA$91,900
(+45%)
$70Image5 2
Crypto.com NFTLoaded Lions$7,500
(-13%)
$1,000Image17 1
MintedAtlantis Spaceships$30Image20
MintedMiCROchips$7,500
(-25%)
$20Image1 4
PlatformOpenSea
CollectionBored Ape Yacht Club
Sales Volume (USD)$21,515,000
(+49%)
Floor Price 
(USD)
$40,100
SampleImage15 1
PlatformOpenSea
CollectionMutant Ape Yacht Club
Sales Volume (USD)$8,402,000
(+11%)
Floor Price 
(USD)
$8,030
SampleImage6 2
PlatformCrypto.com NFT
CollectionSYNTHTOPIA
Sales Volume (USD)$91,900
(+45%)
Floor Price 
(USD)
$70
SampleImage5 2
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$7,500
(-13%)
Floor Price 
(USD)
$1,000
SampleImage17 1
PlatformMinted
CollectionAtlantis Spaceships
Sales Volume (USD)
Floor Price 
(USD)
$30
SampleImage20
PlatformMinted
CollectionMiCROchips
Sales Volume (USD)$7,500
(-25%)
Floor Price 
(USD)
$20
SampleImage1 4
As of 25 Aug 2023 Sources: OpenSea, Minted, Crypto.com Research

Blockchain Game Metrics

The following table shows select top games by weekly Unique Active Wallets (UAW):

GameBlockchain(s)UAWVolumeLogo
Hippo Dash by GametaBNB Chain182K
(+19%)
$0.2KImage4 5
Sweat EconomyEthereum, Near170K
(-3%)
$86KImage20
Carrom BlitzFlow98K
(+1%)
$2KImage11 3
SplinterlandsWAX, Hive, BNB70K
(-0.1%)
$0.5KImage25 1
SuperWalkKlaytn59K
(-1%)
$539KImage22
GameHippo Dash by Gameta
Blockchain(s)BNB Chain
UAW182K
(+19%)
Volume$0.2K
LogoImage4 5
GameSweat Economy
Blockchain(s)Ethereum, Near
UAW170K
(-3%)
Volume$86K
LogoImage20
GameCarrom Blitz
Blockchain(s)Flow
UAW98K
(+1%)
Volume$2K
LogoImage11 3
GameSplinterlands
Blockchain(s)WAX, Hive, BNB
UAW70K
(-0.1%)
Volume$0.5K
LogoImage25 1
GameSuperWalk
Blockchain(s)Klaytn
UAW59K
(-1%)
Volume$539K
LogoImage22
As of 25 Aug 2023 Sources: DappRadar, Crypto.com Research

Gaming Token Performance

The total market cap for gaming tokens now stands at US$8.54 billion, up +0.1% from last week.

Crypto.com Gaming Token Performance

News Highlights

  • Yuga Labs, the company behind NFT collection ‘Bored Ape Yacht Club’, is set to wind down support for OpenSea for upgradable contracts and new collections, following the NFT marketplace’s upcoming removal of its on-chain royalty enforcement tool. Yuga Labs announced that they aim to protect creator royalties so that creators are properly compensated for their work, and their post has received a positive reaction from the BAYC and NFT communities.
  • NFT marketplace Magic Eden has pledged a $1 million “Creator Fund” to support Polygon NFTs. Polygon creators chosen to take part in the project are eligible to receive capital, technological guidance, marketing aid, and mentorship.
  • Popular South Korean girl group Blackpink has launched a Roblox metaverse experience. The metaverse experience will be a permanent addition to the virtual online game, giving fans an interactive space to celebrate Blackpink’s music and come together to recreate their choreography.
  • Nexon’s MapleStory Universe game has partnered with Chainlink to elevate its Web3 gaming experience through provably fair NFT gaming. Chainlink’s Verifiable Random Function (VRF) will help to ensure unbiased and equitable item acquisition, as well as an auditable and transparent item generation process.

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