NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (2024)

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (1)

Chart of the Week

The Bitcoin network has achieved more than 65 million Ordinals inscriptions just days before the Halving. The total network fees generated by Ordinals amount to over US$458 million, serving as a crucial source of income for miners as they prepare for the upcoming Halving.

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (2)

New Project Spotlight

NFT Collectibles

[Upcoming] The Dark Lions Are Coming to Loaded Lions: Mane City

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (3)

Loaded Lions: Mane City Season 2 is coming soon, and with that comes several game changing updates. The Faction system, Abilities systems, as well as the highly anticipated โ€˜Dark Lionsโ€™ and โ€˜Crypto.com Tactical Gearโ€™ NFT collection integrations are all part of this update.

Uniquely crafted as compared to the โ€˜Loaded Lionsโ€™ and โ€˜Cyber Cubsโ€™ NFTs, the โ€˜Dark Lionsโ€™ collectibles offer distinct advantages for your Attack abilities.

These NFTs play a vital role by enabling you to attack your fellow tycoons more frequently, reducing the cost of an Attack, or extending the duration of an effect on the tycoon youโ€™re targeting.

[Upcoming] Eden Tribes

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (4)

In this debut Crypto.com NFT drop, graphic artist Joaquรญn Rodrรญguezโ€™s art brings dystopian visions about the role of technology to life. Nine unique collectibles are distributed across 344 surprise packs, with each NFT detailing a group of magnificent beings who inhabit a kingdom beyond our dimension.

Dig deeper and embark on this journey to an alternative reality.

[Live] VIK Wine 2018 โ€“ Limited Edition

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (5)

Founded by Alex VIK in 2006, Vi รฑa VIK has rapidly ascended in the wine industry, coming in third among the Worldโ€™s Best Vineyards in 2023. Through the InterCellar Marketplace, the winery introduces its 2018 vintage as an NFT in the โ€˜VIK Wine 2018 โ€“ Limited Editionโ€™ collection โ€“ with a limited release of just 500 bottles.

Itโ€™s time to take your wine collection to the next level.

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (6)

The following table shows selected top games by weekly volume in USD:

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (7)

Gaming Token Performance

The total market cap for gaming tokens now stands at $37.28 billion, increasing by +2.6% from last week.

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (8)

News Highlights

  • Christieโ€™s auctions Ordinal Maxi Biz (OMB) artworks, including Lot 1 with price estimates of up to $650,000. The auction showcases unique PFP art and pieces with inscriptions on Satoshis, advancing their presence in the Bitcoin Ordinals space and digital art market.
  • Stepn, the Solana-based move-to-earn game, launched a $30 million airdrop campaign, distributing 100 million airdrop points redeemable for its GMT token. FSL, the developer, aims to reward loyal players and holders of Stepn achievement badges and Genesis Sneakers NFTs. Additionally, it has hinted at a future partnership with a major sports brand.
  • Notcoin, a Telegram-based crypto game, garnered nearly 9 trillion taps during its mining phase before pausing gameplay ahead of its token launch on The Open Network (TON). Despite no new coins being generated, the game plans to relaunch with a new rewards model. It aims to leverage its large user base to expose blockchain users to new projects and reward them with NOT tokens.
  • Epic Gamesโ€™ โ€˜Open Seasonโ€˜ introduces a Doge-themed biome, merging meme culture with gaming to offer players an immersive experience, blending cultural references and robust gameplay.

Recent Research Reports

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (9)NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (10)NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (11)
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  • Crypto.com Visa Card Consumer Spending Insights 2023: A full breakdown of what our community across the globe likes to spend on in 2023.
  • Decentralised Compute for AI Development: This report explores the subsectors of the decentralised compute networks and their representatives, and how they contribute to the development of AI.
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Recent University Articles

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (15)NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (16)NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (17)
All Artificial Intelligence (AI) Tokens You Can Buy on Crypto.comWhat Is an Order Book and How Does It Work?What Are Bitcoin and Ethereum ETFs and How Do They Work?
NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (18)All Artificial Intelligence (AI) Tokens You Can Buy on Crypto.com
NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (19)What Is an Order Book and How Does It Work?
NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (20)What Are Bitcoin and Ethereum ETFs and How Do They Work?
  • All Artificial Intelligence (AI) Tokens You Can Buy on Crypto.com: Hereโ€™s a complete list of all AI tokens available to buy in the Crypto.com App and on the Crypto.com Exchange.
  • What Is an Order Book and How Does It Work?: Order books are used by cryptocurrency exchanges to facilitate liquid and transparent trading. Learn what they are and how they work.
  • What Are Bitcoin and Ethereum ETFs and How Do They Work?: Bitcoin and Ethereum ETFs are investment vehicles that track the price of BTC and ETH โ€” and could bring increased liquidity and mainstream adoption.

Weโ€™re all ears.

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Authors

Research and Insights Team

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 โ€œfinancialโ€ of any description. NFTs are to be reserved for fun only and NOT with any expectation of โ€œvalueโ€, โ€œprofitโ€, โ€œyieldโ€ or โ€œinvestmentโ€. 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.

NFT & Blockchain Gaming Weekly โ€“ ๐Ÿš€ Bitcoin Ordinals Inscriptions Reaches 65 Million | Crypto.com (2024)
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