Chart of the Week

r/FortNiteBR Bricks (BRICK) is the community token of the r/FortNiteBR subreddit dedicated to Fortnite Battle Royale by Epic Games, a popular free-to-play title. Recently, BRICK experienced a surge in popularity, which was likely driven by an update to Reddit’s Terms of Use permitting the trading of tokenised Community Points.

Read our university article to learn more about Reddit’s MOON and BRICK tokens and their use cases: What Are Reddit’s MOON and BRICK Tokens?


New Project Spotlight

NFT Collectibles

[COMING SOON] Sacred Place is a project by EASThug and 64ksana, an art collective and alternative electronic band, respectively. Dropping on 24 July on Crypto.com NFT, it reimagines spirituality in unexpected ways.

[COMING SOON] Action Bears Club – Koala Bears on Tour is a collection by Stand For Trees, a nonprofit that tackles climate change at its core by stopping the destruction of trees. This drop features koalas helping to spread awareness about the importance of protecting our environment. The collection goes live on Crypto.com NFT on 26 July.

Blockchain Games

[LIVE] Leading video games publisher Ubisoft has joined the Cronos ecosystem as a network validator. Cronos is set to benefit significantly by leveraging the expertise of Ubisoft’s Strategic Innovation Lab, which will provide valuable feedback on technology upgrades to support gaming use cases.

[LIVE] Efren Bata Reyes, widely regarded as the greatest pool player of all time, has joined Eyeball Games as an ambassador. Players of the Eyeball Pool game may have the opportunity to meet him in player-versus-player (PvP) matches in the future.


NFT Metrics

PlatformCollectionSales Volume (USD)Floor Price (USD)Sample
OpenSeaCryptoPunks$6,160,000
(+30%)
$92,000
OpenSeaOpepen Edition$1,350,000
(+167%)
$1,300
Crypto.com NFTLoaded Lions$53,900
(+23%)
$1,200
Crypto.com NFTCrypto.com Land – The First Frontier$39,700
(-15%)
$60
MintedVVS Miner Mole$14,300
(+124%)
$160
MintedMiCROchips$6,700
(-2%)
$30
As of 21 Jul 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
Sweat EconomyEthereum, Near266K
(-27%)
$78K
Hippo Dash by GametaBNB Chain126K
(+27%)
$0.3K
IskraEthereum, Klaytn108K
(-13%)
$37K
Carrom BlitzFlow95K
(-2%)
$3K
SplinterlandsWAX, Hive82K
(+25%)
$1K
As of 21 Jul 2023 Sources: DappRadar, Crypto.com Research

Gaming Token Performance

The total market cap for gaming tokens now stands at US$10.11 billion, down -3% from last week.


News Highlights


Recent Research Reports

   
Research Roundup Newsletter [June 2023]The Development of ZK RollupsLayer-0: Infrastructure For Customised Blockchains

Recent University Articles

   
What Are Reddit’s MOON and BRICK Tokens?What Is XRP (Ripple)?What Is Shorting? How to Short the Crypto Market

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Authors

Research and Insights Team

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NFT & Blockchain Gaming Weekly (21/07/2023)

Cronos announces a new partnership with Ubisoft. OpenSea launches peer-to-peer NFT swap function, ‘Deals’. Gucci partners with auction house Christie’s for an NFT sale.

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