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The main events of the week in the area of NFT and GameFi

Oct 8, 2022
The main events of the week in the area of NFT and GameFi
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Crypto.com researchers have provided a weekly report that includes important developments in the field of NFT and blockchain games (GameFi). Over the past week, several significant moments have been there that may have a positive impact on the development of the industry in the future.

Among the important statements, the address of the Prime Minister of Japan Fumio Kishida is highlighted. He noted that the authorities intend to invest in digital transformation. Thus, support for NFTs and Metaverses will be implemented.

Yuga Labs has established the Community Council Bored Ape Yacht Club and Mutant Ape Yacht Club. He will select 3 projects per month. The BAYC and MAYC communities will be able to vote for the best startup. The winner will receive a grant from the organization and development assistance.

Also, Horizon was on the radar, which raised $40 million in its funding round of Series A, helped by video game creators, including Ubisoft and Take-Two Interactive.

The X2Y2 marketplace saw a 30% decrease in sales volumes, while the number of transactions increased by more than 20%.

OpenSea remains the leader among marketplaces. The amount of transactions has increased by 63%, and the number of transactions - by 51%.

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