Win $1M in BAYC's Latest Game

This Week's Low-Down:

• 👀 Bored Ape's Dookey Dash to Offer $1M Prize to Top Player

• 🌟 Magic Eden Secures Top NFT Marketplace Position (Again)

• 🚀 Immutable & Portal Unite to Make Web3 Games More Easily Accessible

• Pixels to Host Barney’s Bazaarn Event and Virtual Wedding (NFT Plazas)

• Tales of Elleria Ends Development, Hosts Final World Boss Event (NFT Plazas)

• X Empire Announces Airdrop: Step-by-Step Guide to Maximize Rewards (Bitcolumnist)

• Vape-to-Earn Device Puffpaw Raises $6M, ZachXBT Unimpressed (NFT Insider)

• Activating 'DeGod Mode': 24 Hours in Telegram With the Wildest NFT Cult (Decrypt)

• Gleipnir, Inc. Launches Tokenization Strategy to Improve Investment Accessibility (Bitcolumnist)

• The Sandbox Brings Indie Devs into Voxel-Style Gaming with Voxel Games (NFT Insider)

• Trump Embraces NFT Again in Latest Merchandise Push (Bitcolumnist)

• GAMEE’s WatBird Gears Up for September Token Launch on The Open Network (Decrypt)

• Japan Enhances Web3 Efforts with New Tax Policies and Social Solutions (Bitcolumnist)

• Arbitrum Goes Big With Web3 Gaming Showcase at WebX Asia (Decrypt)

Trending Collections on OpenSea:

• Courtyard.io [Floor Price - 18.72 ETH]

• Lil Pudgys [Floor Price - 0.87 ETH]

• egg [Floor Price - 0.15 ETH]

Bored Ape's Dookey Dash to Offer $1M Prize to Top Player

Yuga Labs is set to launch its latest Bored Ape NFT game, Dookey Dash: Unclogged, on September 12. The winner will win an eye-boggling $1M.

• The $1M reward follows the buzz from last year’s competition, where the top prize was over $1.63M worth of $ETH.

• Participation in Dookey Dash: Unclogged requires a Sewer Pass (an NFT).

• Once having the in, players can enjoy skilled-based gameplay and build on the previous version launched last year.

• Yuga Labs has partnered with Faraway to develop and publish the game, which is powered by Yuga Labs’ Ethereum-based Layer2 Network, ApeChain.

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Magic Eden Secures Top NFT Marketplace Position (Again)

Magic Eden has secured its position as the leading NFT marketplace with a 36.7% market share, totaling $122.47M in monthly trading volume for August 2024—its sixth consecutive month at the top.

• Initially launched as a Solana-focused platform, Magic Eden successfully diversified by embracing Bitcoin Ordinals, helping to more than double its monthly trading volume to $734.60M in March 2024.

• Magic Eden's resurgence in market share contrasts sharply with its previous dip to as low as 3.4% in 2023, showcasing its recovery and adaptation in a volatile market.

• Blur and OpenSea remain significant competitors. Blur's market share has declined from 35.4% to 25.4%, while OpenSea has doubled its market share from 9.9% to 19.9%.

• Despite individual fluctuations, the top three NFT marketplaces—Magic Eden, Blur, and OpenSea—now command a combined 82.0% of the market share.

Immutable & Portal Unite to Make Web3 Games More Easily Accessible

Blockchain gaming platform Immutable and Web3 distribution firm Portal join forces to enhance the accessibility and monetization of games on-chain.

• Portal will integrate its distribution tools into Immutable’s platform, improving game accessibility.

• The partnership enhances cross-chain capabilities, enabling users from various blockchains to access and interact with Immutable’s games.

• Players will also experience faster and more efficient transactions, including the use of Portal Pay for easy in-game payments.

Today's edition was written by Leah Alger

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