In January, OpenSea reached 1.5M NFT sales on Polygon and 1.1M sales on Ethereum
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OpenSea reaches 1.5 million NFT sales on the Polygon network in January. NFTs to help support Japan government’s ‘Cool Japan’ strategy. E-commerce giant eBay continues its foray into NFTs.
New Project Spotlight
NFT Collectibles
[COMING SOON] “Over the border” explores topics centering on love, peace, and equality, to ask questions about what is universal value. This project is created by Yoyojin, an artist who is experienced in animation, documentary, VR, and AR. It drops exclusively on Crypto.com NFT on 6 February 2023.
[COMING SOON] “Technological Revolution“ is a collection by Senbenito, a French photographer and artist. Dropping on 10 February, it features a series of photographs which brings the viewer into a dystopian robotic future.
Blockchain Games
[LIVE] Croskull has launched a new website and the Bonesville Interactive Map 1.0. The interactive page, which represents Bonesville, is a map that enables gamers to travel with their imagination and interact with the various places there.
[LIVE]Defira launches a Fruit Picking Quest, where players are able to participate by visiting Defira Farm, and use their heroes to gather ripened Fira Fruit and discover their magical abilities.
NFT Metrics
The following table shows select top collections (by weekly sales volume on each platform) and a sample of their art:
| Platform | Collection | Sales Volume (USD) | Floor Price (USD) | Sample |
|---|---|---|---|---|
| OpenSea | Sewer Pass | $10,309,000 (-48%) | $3,920 | |
| OpenSea | CryptoPunks | $7,471,000 (+67%) | $105,400 | |
| Crypto.com NFT | Loaded Lions | $90,900 (+17%) | $1,500 | |
| Crypto.com NFT | Crypto.com Land – The First Frontier | $38,800 (-12%) | $60 | |
| Minted | Eyeball Balldroid Gen 0 | $38,600 (-44%) | $70 | |
| Minted | Atlantis Planets | $30,300 (—) | $70 | |
Blockchain Game Metrics
| Game | Blockchain(s) | UAW | Volume | Logo |
|---|---|---|---|---|
| Splinterlands | Hive, WAX | 302K (-3%) | $5K | |
| Planet IX | Polygon | 128K (+10%) | $1.2M | |
| Axie Infinity | Ronin, ETH | 49K (-7%) | $23.2M | |
| Era7: Game of Truth | BNB Chain | 41K (-1%) | $28K | |
| Meta Apes | BNB Chain | 38K (-1%) | $372K | |
Gaming Token Performance
The total market cap for gaming tokens now stands at US$8.79 billion, up +10% from last week.
News Highlights
- OpenSea had a total of 1.5 million NFT sales on Polygon, and 1.1 million sales on Ethereum in the month of January. The high NFT volume on Polygon is driven by brand deals with companies like Meta, Starbucks, and Reddit, as well as game projects.
- The Prime Minister of Japan has said that NFTs and DAOs could help support the government’s ‘Cool Japan’ strategy, a national initiative to showcase the country’s innovations and culture to the rest of the world.
- E-commerce giant eBay continues its foray into NFTs by hiring multiple Web3 roles to support their NFT marketplace KnownOrigin. In addition, eBay is partnering with events platform Notable Live to bring limited edition NFTs and player merchandise to its platform.
| | |
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Research and Insights Team
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