Weekly NFT & GameFi Update (Week 44, 04/11/2022 - 11/11/2022)
OpenSea launches on-chain tool to enforce NFT royalties. Bank of Korea tested NFT trading using a CBDC. Lionel Messi joins trading card game Sorare as brand ambassador.
New Project Spotlight
NFT Collectibles
[COMING SOON] “Altered States” is a creation of Fran Rodríguez, a digital artist based in Barcelona. Fran is known for his striking images, depicting his interpretation of humanity’s place in the universe. This collection drops on 15 November, taking place at Crypto.com NFT.
[COMING SOON] In Ali Jardine’s NFT collection, “Lucid State of Dreams”, she explores different types of consciousness along with birth, death, joy, fear, love, and earth magic. This drop on Crypto.com NFT includes 11 meditative animated pieces, and will begin on 22 November.
Blockchain Games
[LIVE] AstroGator: Reborn is a blockchain-based game by a veteran of the gaming industry—Game Hours. Starting on November 7, this newly launched play-to-earn (P2E) game will feature NFTs first launched by Crypto.com.
[LIVE] CroSkulls, a game on the Cronos blockchain, has launched Seasonal Pet — Season 3. This new season features a water element pet (crab). The SkullCrabs will come in three different variants: Baby Crabs, Crabs, and DemonCyborg Crabs.
NFT Metrics
The following information shows select top creators (by weekly sales volume on each platform) and a sample of their art:
Platform: OpenSea
Artist: CryptoPunks
Sales Volume (USD): $5,134,000 (+9%)
Floor Price (USD): $84,600
Platform: OpenSea
Artist: Bored Ape Yacht Club
Sales Volume (USD): $4,340,600 (+104%)
Floor Price (USD): $77,300
Platform: Crypto.com NFT
Artist: Loaded Lions
Sales Volume (USD): $470,000 (+93%)
Floor Price (USD): $2,200
Platform: Minted
Artist: VVS Miner Mole
Sales Volume (USD): $116,800 (-2%)
Floor Price (USD): $399
Platform: Minted
Artist: Argonauts
Sales Volume (USD): $29,800 (-1%)
Floor Price (USD): $84
Platform: Crypto.com NFT
Artist: Cyber Cubs
Sales Volume (USD): $17,100 (+3%)
Floor Price (USD): $258
Blockchain Game Metrics
The following information shows select top games by weekly Unique Active Wallets (UAW):
Game: Splinterlands
Blockchain(s): Hive, Wax
UAW: 278K (-4%)
Volume: $4K
Game: Trickshot Blitz
Blockchain(s): Flow
UAW: 134K (+16%)
Volume: $86K
Game: Axie Infinity
Blockchain(s): Ronin, ETH
UAW: 54K (-14%)
Volume: $17M
Game: Solitaire Blitz
Blockchain(s): Flow
UAW: 43K (+36%)
Volume: $63K
Game: Era7: Game of Truth
Blockchain(s): BNB Chain
UAW: 42K (+27%)
Volume: $98K
Source: DappRadar
Gaming Token Performance
The total market cap for gaming tokens now stands at US$7.0 billion, down -17%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
OpenSea launches an on-chain tool to enforce NFT royalties. The royalty enforcement tool currently only applies to new NFT collections, while a decision will be made on existing collections on a later date.
The Bank of Korea tested NFT trading during a 10-month-long experiment of a digital South Korean won. During the project, the bank tested the use of its CBDC to purchase NFTs. South Korea also plans to allow its citizens access to blockchain-powered digital IDs in 2024.
Paris Saint-Germain forward Lionel Messi is joining the NFT trading card gameSorare as an investor and brand ambassador. In Sorare, players can trade digital player cards and manage teams of five in fantasy soccer tournaments.
Recent Research Reports
Disclaimer
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