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Bank Of Korea's Experiment About The Use Of Its CBDC To Purchase NFTs

Bank Of Korea's Experiment About The Use Of Its CBDC To Purchase NFTs| FXMAG.COM
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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.

bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 1bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 1

[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.

bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 2bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 2

Blockchain Games

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[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.

bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 3bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 3

[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.

bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 4bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 4

NFT Metrics

The following table shows select top creators (by weekly sales volume on each platform) and a sample of their art:

PlatformCollectionSales Volume (USD)Floor Price 
(USD)
Sample
OpenSeaCryptoPunks$5,134,000
(+9%)
$84,600bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 5bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 5
OpenSeaBored Ape Yacht Club$4,340,600
(+104%)
$77,300bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 6bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 6
Crypto.com NFTLoaded Lions$470,000
(+93%)
$2,200bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 7bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 7
MintedVVS Miner Mole$116,800
(-2%)
$399bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 8bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 8
MintedArgonauts$29,800
(-1%)
$84bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 9bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 9
Crypto.com NFTCyber Cubs$17,100
(+3%)
$258bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 10bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 10
PlatformOpenSea
CollectionCryptoPunks
Sales Volume (USD)$5,134,000
(+9%)
Floor Price 
(USD)
$84,600
Samplebank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 11bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 11
PlatformOpenSea
CollectionBored Ape Yacht Club
Sales Volume (USD)$4,340,600
(+104%)
Floor Price 
(USD)
$77,300
Samplebank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 12bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 12
PlatformCrypto.com NFT
CollectionLoaded Lions
Sales Volume (USD)$470,000
(+93%)
Floor Price 
(USD)
$2,200
Samplebank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 13bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 13
PlatformMinted
CollectionVVS Miner Mole
Sales Volume (USD)$116,800
(-2%)
Floor Price 
(USD)
$399
Samplebank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 14bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 14
PlatformMinted
CollectionArgonauts
Sales Volume (USD)$29,800
(-1%)
Floor Price 
(USD)
$84
Samplebank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 15bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 15
PlatformCrypto.com NFT
CollectionCyber Cubs
Sales Volume (USD)$17,100
(+3%)
Floor Price 
(USD)
$258
Samplebank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 16bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 16

Blockchain Game Metrics

The following table shows select top games by weekly Unique Active Wallets (UAW):

GameBlockchain(s)UAWVolumeLogo
SplinterlandsHive, Wax278K
(-4%)
$4Kbank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 17bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 17
Trickshot BlitzFlow134K
(+16%)
$86Kbank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 18bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 18
Axie InfinityRonin, ETH54K
(-14%)
$17Mbank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 19bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 19
Solitaire BlitzFlow43K
(+36%)
$63Kbank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 20bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 20
Era7: Game of TruthBNB Chain42K
(+27%)
$98Kbank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 21bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 21
GameSplinterlands
Blockchain(s)Hive, Wax
UAW278K
(-4%)
Volume$4K
Logobank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 22bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 22
GameTrickshot Blitz
Blockchain(s)Flow
UAW134K
(+16%)
Volume$86K
Logobank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 23bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 23
GameAxie Infinity
Blockchain(s)Ronin, ETH
UAW54K
(-14%)
Volume$17M
Logobank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 24bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 24
GameSolitaire Blitz
Blockchain(s)Flow
UAW43K
(+36%)
Volume$63K
Logobank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 25bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 25
GameEra7: Game of Truth
Blockchain(s)BNB Chain
UAW42K
(+27%)
Volume$98K
Logobank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 26bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 26
Source: DappRadar

Gaming Token Performance

The total market cap for gaming tokens now stands at US$7.0 billion, down -17% from last week.

bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 27bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 27

News Highlights

Recent Research Reports

   
bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 28bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 28bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 29bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 29bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 30bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 30
Research Roundup Newsletter [October 2022]

In this issue, we cover our recent Bloomberg Terminal integration, special research report for the Singapore Fintech Festival, and feature articles on NFT financialisation and utility.

NFT Financialisation and Utility: An Overview

As NFT utility grows, so does the potential to make money from them. Financialisation could help to achieve greater liquidity for and unlock the value of NFTs.

NFT Utility: A Multifaceted Overview and Use Cases

For NFTs to increase in value and be deemed viable economic and financial assets, they have to go beyond collectability and aesthetics. One way to tackle this is through utility.

 bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 31bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 31
 bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 32bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 32
 bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 33bank of korea s experiment about the use of its cbdc to purchase nfts grafika numer 33
 Research Roundup Newsletter [October 2022]

In this issue, we cover our recent Bloomberg Terminal integration, special research report for the Singapore Fintech Festival, and feature articles on NFT financialisation and utility.

 NFT Financialisation and Utility: An Overview

As NFT utility grows, so does the potential to make money from them. Financialisation could help to achieve greater liquidity for and unlock the value of NFTs.

 NFT Utility: A Multifaceted Overview and Use Cases

For NFTs to increase in value and be deemed viable economic and financial assets, they have to go beyond collectability and aesthetics. One way to tackle this is through utility.

Disclaimer

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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.

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