Yves Saint Laurent to enter NFT and Metaverse. Impressive popularity of Yuga Labs Sewer Pass NFT collection with impressive popularity
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Yuga Labs’ Sewer Pass NFT collection yields over $6 million in sales. Seoul government opens metaverse project to the public. Yves Saint Laurent files NFT trademark applications.
New Project Spotlight
NFT Collectibles
[COMING SOON]“Colourful Imagination” paints a surreal world filled with rich emotions. This project is created by NAKTA, a Korean graphic artist who combines photography and digital collage techniques, and it drops exclusively on Crypto.com NFT on 23 January 2023.
[COMING SOON] “Plastic 77“ is a collection by Skie, an artist from Rome, Italy. Dropping on 30 January, it features a parallel metaverse where the only light sources are LEDs and neon.
Blockchain Games
[COMING SOON] Croskull’s Season 3 will be ending in a week’s time, with characters such as the Legendary LaserCrab still waiting for its owner. The game announced that it has contributed to more than 370,000 transactions on Cronos chain.
[COMING SOON]Defira’s unique stickers will soon be available in the LINE app, allowing users to take their chats to the next level. The game is also looking to expand its stickers to other platforms based on users’ feedback.
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 | $18,684,000 (—) | $3,570 | |
| OpenSea | CryptoPunks | $6,220,000 (-6%) | $104,300 | |
| Crypto.com NFT | Loaded Lions | $299,100 (+53%) | $1,900 | |
| Crypto.com NFT | Crypto.com Land – The First Frontier | $78,700 (-12%) | $50 | |
| Minted | Eyeball Balldroid Gen 0 | $54,300 (—) | $120 | |
| Minted | VVS Miner Mole | $36,200 (+15%) | $190 | |
Sources: OpenSea, Minted, Crypto.com Research
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 | 317K (+7%) | $8K | |
| Planet IX | Polygon | 107K (+9%) | $157K | |
| Axie Infinity | Ronin, ETH | 49K (+21%) | $21.1M | |
| Era7: Game of Truth | BNB Chain | 41K (+1%) | $37K | |
| Meta Apes | BNB Chain | 38K (+1%) | $419K | |
Sources: DappRadar, Crypto.com Research
Gaming Token Performance
The total market cap for gaming tokens now stands at US$7.28 billion, up +19% from last week.
News Highlights
- Yuga Labs‘ Sewer Pass NFT collection managed to yield over 4,000 ETH (over US$6 million) in total sales volume within hours of release. The Sewer Passes grant holders access to play a skill-based game called Dookey Dash.
- The Seoul government has opened the city’s metaverse project to the public. Residents of South Korea’s capital city are able to access official documents, file complaints, and receive answers in a virtual environment.
- Yves Saint Laurent, a French luxury fashion house with €5.57 billion in annual revenue, has filed metaverse and NFT trademark applications. The company will offer downloadable virtual goods such as makeup, skincare, and more for use in virtual worlds and metaverses.
Recent Research Reports
| | |
| Crypto Market Sizing Report 2022: New research released by Crypto.com reports that global cryptocurrency owners increased by 39% in 2022, rising from 306 million in January to 425 million in December. | 2022 Year Review & 2023 Year Ahead: 2022 has been a rollercoaster ride for the crypto industry. In this report, we curate the top ten crypto events and trends of 2022, followed by our outlook for 2023. | Alpha Navigator: Quest for Alpha [December 2022]: The new year has seen crypto outperforming equities and gold. BTC options’ implied volatilities are subdued while perpetual futures funding rates are positive. |
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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.
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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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Research and Insights Team
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