X2Y2 will enforce creator-set royalties for all NFTs. ApeCoin DAO has launched its own NFT marketplace. Magic Eden integrates with Polygon to develop blockchain games.
New Project Spotlight
NFT Collectibles
[COMING SOON] “Weird People Genesis” features NFT airdrops and sticker sets by Buba Viedma, an illustrator and graphic designer from Madrid. This collection drops on 6 December, exclusively on Crypto.com NFT.
[COMING SOON] In Ari Hersch’s “Apes Of Anarchy Vs The Degens”, the artist brings viewers on an adrenaline-charged initiation into the world of crypto motorcycle clubs. Featuring two rival clans, the Apes of Anarchy and the Degens, this collection will drop on Crypto.com NFT on 9 December.
Blockchain Games
[LIVE] CroSkulls generated a total weekly trading volume of 8.72 million CRO, with the top EvoSkull sale fetching 16,000 CRO.
[LIVE] The CronosVerse hosted one of the first metaverse parties on the Cronos Chain on 19 November. The party featured live game support, musical performances, mini-games, and a PvP competition.
NFT Metrics
The following table shows select top creators (by weekly sales volume on each platform) and a sample of their art:
Platform | Collection | Sales Volume (USD) | Floor Price (USD) | Sample |
---|---|---|---|---|
OpenSea | CryptoPunks | $5,087,000 (+22%) |
$78,600 | |
OpenSea | Bored Ape Yacht Club | $4,099,000 (-37%) |
$77,200 | |
Crypto.com NFT | Loaded Lions | $154,000 (+4%) |
$1,700 | |
Minted | VVS Miner Mole | $47,000 (-62%) |
$260 | |
Minted | Argonauts | $33,000 (+97%) |
$90 | |
Crypto.com NFT | Cyber Cubs | $15,000 (-60%) |
$200 |
Blockchain Game Metrics
The following table shows select top games by weekly Unique Active Wallets (UAW):
Game | Blockchain(s) | UAW | Volume | Logo |
---|---|---|---|---|
Splinterlands | Hive, Wax | 256K (-1%) |
$12K | |
Trickshot Blitz | Flow | 53K (-18%) |
$25K | |
Planet IX | Polygon | 47K (+84%) |
$566K | |
Tiny World | BNB Chain | 43K (+2%) |
$74K | |
Era7: Game of Truth | BNB Chain | 43K (+13%) |
$47K |
Gaming Performance
The total market cap for gaming tokens now stands at US$5.75 billion, down -14% from last week.
News Highlights
- NFT marketplace X2Y2 will enforce creator-set royalties for both existing projects and newly-launched ones. On Twitter, X2Y2 also praised OpenSea for taking a stand on creator royalties.
- ApeCoin DAO, a community-led governing organisation composed of ApeCoin holders, has launched its own NFT marketplace. The marketplace lists NFTs from Yuga Labs-owned collections. Unique features of the marketplace include ApeCoin staking, NFT metadata integrations, as well as lower fees for sellers.
- Magic Eden is integrating with the Polygon network to accelerate the development of blockchain-based games. Several game development companies, such as BORA by Kakao Games, Intella X, and BoomLand, are set to debut on its Polygon Launchpad in December.
Recent Research Reports
Argentina 2022 Survey: Argentines Are Increasingly Keen to Adopt Cryptos and NFTs: Crypto.com recently commissioned a survey of more than 2,000 Argentines to find out more about their investment preferences, knowledge, and opinions on crypto and NFTs. | Research Roundup Newsletter (October 2022): In this issue, we cover our recent Bloomberg Terminal integration, a special research report for the Singapore Fintech Festival, and feature articles on NFT financialisation and utility. | Alpha Navigator (October 2022): We look at crypto industry performance in October, including ETH’s short-term correlations with equities reducing. Is the Fed pivoting on rate tightening policy? |
Disclaimer
The information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.
This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.
The brands and the logos appearing in this report are registered trademarks of their respective owners.
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.
Author
Research and Insights Team
Get fresh market updates delivered straight to your inbox:
Be the first to hear about new insights: