NFT & Blockchain Gaming Weekly - 📈 Runes Dominated BTC Transactions Post-Halving
Runes Dominated BTC Transactions Post-Halving. Telegram to tokenise stickers & emojis as NFTs. ApeCoin price drops 66% amid BAYC decline.
Chart of the Week
Following Bitcoin's halving, Bitcoin Runes transactions soared, accounting for over 50% of all transactions daily in the days after halving. This was driven by meme coin and NFT enthusiasts inscribing "rare satoshis". Since its launch on the day of the Bitcoin halving, more than 2.38 million transactions – representing 68% of all Bitcoin transactions – involving Runes have been processed. At the time of writing, there were around 11,848 Runes etched.
New Project Spotlight
NFT Collectibles
[Upcoming] Crypto Goddesses
‘Crypto Goddesses’ is a collection of five sci-fi Greek goddess cyborgs brought to life by renowned AI artist Mikasa Art. Own a digital goddess and get transported to a realm where futuristic marvels paint a story with the timeless allure of ancient Greek mythology.
The following table shows selected top games by weekly volume in USD:
Gaming Token Performance
The total market cap for gaming tokens now stands at $30.8 billion, increasing by +6.4% from last week.
News Highlights
Telegram plans to tokenise stickers and emojis as NFTs on the TON blockchain, following its tokenisation of usernames and numbers. It’s CEO, Pavel Durov, announced this at Token2049, emphasising Telegram's extensive sticker use and TON blockchain's scalability for the app's large-scale operations.
ApeCoin, from Bored Ape Yacht Club (BAYC) NFTs, has faced a 66% price drop in the last year, a 25% decrease YTD, as well as a declining BAYC NFT price floor. Efforts like ApeCoin DAO’s AIP-397 proposal, an NFT Launchpad that runs on ApeCoin, were only supported by 30% of holders, showing a lack of interest in governance from ApeCoin holders.
Magic Eden launches its Runes platform to simplify trading and minting of Bitcoin-based tokens. The platform offers customisable buying options, with future plans to integrate minting features and enhance its rewards program, while also aiming to consolidate trading tools and resources in one venue for collectors and traders.
Animoca Brands Japan partners with Square Enix, the video game giant behind the Final Fantasy and Kingdom Hearts franchises, to globally market Symbiogenesis. Symbiogenesis is an NFT project featuring 10,000 fantasy-themed characters that serve as game assets and avatars, with plans for overseas expansion supported by Animoca Brands Japan's NFT Launchpad.
The DeGods NFT collection, once a standout on Solana before moving to Ethereum in 2023, is now hinting at a return to Solana, sparking mixed reactions in the crypto community.
Louis Vuitton and Pharrell Williams have introduced a new Via NFT varsity jacket, blending physical and digital fashion. Purchasers of the $8,450 jacket receive a digital NFT twin, highlighting Louis Vuitton's push into Web3 fashion and the growing trend of "phygital" goods.
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We’re all ears.
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Pavel Durov's announcement at Token2049 clearly reflects Telegram's innovative move to bring digital expression to the blockchain era. I can see telegram blossoming as they have been providing value for a very long time without asking for much