Bitcoin NFTs have gained considerable popularity and traction since the launch of the Ordinals protocol, which has made it possible to mint NFTs directly on the Bitcoin blockchain. At the time of writing, the number of Ordinals inscriptions reached 7.65 million.
[COMING SOON] Crypto.com is launching ‘Crypto.com Expedition Gear’ backpack NFTs via an airdrop and sale. One random mystery package will be airdropped for every ‘Crypto.com Land – The First Frontier’ NFT owned. Meanwhile, ‘Loaded Lions’ and ‘Cyber Cubs’ NFT holders will be eligible for the Early Access sale.
[COMING SOON] ‘aelfen’is a collection by 3D artist Farruk Murad. This drop explores the harmony between the ælfen (forest dwellers) and nature. The collection goes live on Crypto.com NFT on 26 May.
Blockchain Games
[COMING SOON] D.G.Pals is releasing a free-to-play game, Merge Defence, where players can assemble a team of four friends to defend Panterra against waves of mythical rogues. The game will be available on 20 May.
Gaming giant Epic Games and LEGO Group are collaborating to build a fun and family-friendly metaverse that is enjoyable and safe for all ages. Epic Games recently also announced a $2 billion round of funding to advance the company’s vision to build and support the growth of the metaverse.
Video game publisher Ubisoft is partnering with Reality Labs to create a limited-edition NFT collection for the popular game Assassin’s Creed. Collectors will be able to purchase custom ‘Assassin’s Creed Smart Collectibles’, as well as order a 3D-printed version of their NFTs encased in a clear cube.
The Axie Infinity game is set to launch on the Apple App Store in key markets across Latin America and Asia. The game’s developer, Sky Mavis, is also launching Mavis Market, a curated NFT marketplace powered by the company’s Ronin blockchain.
Recent Research Reports
Monthly Research Roundup (April 2023): In this issue, we feature trending market insights, and our latest research reports take a closer look into Bitcoin’s expanding ecosystem, specifically Layer 2s, DeFi, and NFTs.
Alpha Navigator: Quest for Alpha [April 2023]: Asset classes were generally flat in April, with cryptocurrency outperforming other assets. The US Federal Reserve could be on the cusp of ending its interest rate hike cycle.
Bitcoin’s Expanding Ecosystem: Layer-2, DeFi, NFT: The landscape of the latest projects building on top of Bitcoin is expanding beyond payments. It now includes Layer-2 scaling solutions and key application categories like DeFi and NFTs.
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Nothing in this report is intended to suggest that NFTs are investment products, nor securities, nor anything similar or “financial” of any description. NFTs are to be reserved for fun only and NOT with any expectation of “value”, “profit”, “yield” or “investment”. You are also aware that NFTs are not a store of value, are not a generally accepted medium of exchange, and are considered very illiquid and volatile.
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Research and Insights Team
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Pepe-themed ‘Bitcoin Frogs’ NFTs gain popularity amid Ordinals hype. Epic Games and LEGO Group collaborate to build metaverse. Ubisoft is creating an NFT collection for Assassin’s Creed.
