Weekly NFT & GameFi Update (Week 4, 21/01/2023 - 27/01/2023)
Amazon plans to launch an NFT initiative. Porsche NFT floor price rises following a bumpy mint. Beeple is releasing an NFT art book showcasing his artwork.
New Project Spotlight
NFT Collectibles
[COMING SOON] “MetaAxel Idols” features girls who became KPOP Idol trainees with the name: Burnt Pink Squad. They live in a world taken over by AI and mutant zombies. This project is led by Antonio Kim and other experts, and it drops exclusively on Crypto.com NFT on 31 January 2023.
[COMING SOON] "Studio Dragon: DearRo NFT Collection" is a collection by Studio Dragon, a drama studio in the Republic of Korea. Dropping on 8 February, it features 500 NFTs with original character "DearRo", who loves to cosplay and act.
Blockchain Games
[COMING SOON] Eyeball Games, in partnership with Crypto.com NFT, will soon reveal what is hiding behind the cards for Balldroid holders. In addition, Eyeball Games will also release their exclusive explorer page.
[COMING SOON] Croskull Season 3 is officially over, with 1748 Eggs minted. With the end of the Season, the Rank for S3 Pets will also be released soon. Meanwhile, the S3 Eggs are still available at Croskull’s item shop.
The following information shows select top collections (by weekly sales volume on each platform) and a sample of their art:
Platform: OpenSea
Artist: Sewer Pass
Sales Volume (USD): $18,792,000 (+1%)
Floor Price (USD): $4,420
Platform: OpenSea
Artist: The Memes by 6529
Sales Volume (USD): $5,519,000 (+54%)
Floor Price (USD): $800
Platform: Crypto.com NFT
Artist: Extraordinary Whales Club
Sales Volume (USD): $154,000 (—)
Floor Price (USD): $30
Platform: Crypto.com NFT
Artist: Loaded Lions
Sales Volume (USD): $77,700 (-74%)
Floor Price (USD): $1,600
Platform: Minted
Artist: Eyeball Balldroid Gen 0
Sales Volume (USD): $68,900 (+27%)
Floor Price (USD): $90
Platform: Minted
Artist: Argonauts
Sales Volume (USD): $26,500 (+273%)
Floor Price (USD): $80
As of 27 Jan 2023 Sources: OpenSea, Minted, Crypto.com Research
The following information shows select top games by weekly Unique Active Wallets (UAW):
Game: Splinterlands
Blockchain(s): Hive, WAX
UAW: 312K (-1%)
Volume: $8K
Game: Planet IX
Blockchain(s): Polygon
UAW: 116K (+9%)
Volume: $680K
Game: WAM
Blockchain(s): BNB Chain, Polygon
UAW: 61K (+178%)
Volume: $7K
Game: Axie Infinity
Blockchain(s): Ronin, ETH
UAW: 53K (+8%)
Volume: $43.4M
Game: Era7: Game of Truth
Blockchain(s): BNB Chain
UAW: 41K (+1%)
Volume: $22K
As of 27 Jan 2023 Sources: DappRadar, Crypto.com Research
Gaming Token Performance
The total market cap for gaming tokens now stands at US$8.01 billion, up +10%from last week.
Notes: Infrastructure tokens include ENJ, FLOW, WAXP, UOS, MBOX, DAWN, GALA, IMX; Utility tokens include AXS, MANA, SAND, ALICE, ILV, ATLAS, POLIS, GODS, GMT, DAR, AURY, APE, PYR; Guild tokens include YGG, MC, UNIX, GGG, AGV.
News Highlights
Amazon is planning to launch a “digital assets enterprise” focusing on blockchain-based gaming and NFTs. Previously, Amazon also partnered with Ava Labs, the company behind the Avalanche blockchain, to launch scalable blockchain solutions.
Porsche NFT floor price rises following a bumpy mint. The collection’s floor price has more than doubled from its initial price of 0.911 ETH, after Porsche clarified its Web3 strategy on Twitter.
Beeple is releasing an NFT art book titled “Everydays: the First 5000 Days”. The book will showcase a monograph of Beeple’s previous artwork by the same name, which was famous for being one of the most expensive NFTs ever sold.
Recent Research Reports
Disclaimer
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