Sfermion Research

NFT Research

[Jim Bianco @biancoresearch]

The market is pricing an 83% probability the Fed will hike 100 bps (to 2.50% to 2.75%) on July 27. This was 8% yesterday before CPI, and 0% last Friday.

The last time the Fed hiked 100 bps was March 27, 1984, ... from 9.50% to 10.50%.

[Sfermion Research @SfermionR]

Following the CPI print of 9.1%, the highest since April 1980, the odds of a 100bps hike went from ~ 7% to 44% for the July Fed meeting. From 1.8% to 35% for the Sept meeting.

[Sfermion Research @SfermionR]

Check out the full post for more details.
https://t.co/s0b6BO55dG

[Sfermion Research @SfermionR]

The NFT markets have been generally trending lower in terms of price, volume, and search interest since Q1. While the market is clearly in bearish territory, there are some positive signs that are beginning to materialize.
https://t.co/s0b6BO55dG

[Sfermion Research @SfermionR]

The listed ratio measures the total number of NFTs for sale out of the total supply. The collections show a significant tightening in the distribution of the listed ratio in Q2 indicating greater stability in the listed amounts compared to Q1 which saw higher volumes.

[Sfermion Research @SfermionR]

As a result, games with lower-priced entry points for new users and low-cost transactions are well-positioned to benefit during a recessionary slowdown as they enable users to build value through gameplay (time) and not necessarily financial speculation.

[Sfermion Research @SfermionR]

Given our current economic predicaments, we wondered how the traditional video game industry performed during previous recessions and whether we can make any inferences as to whether or not the blockchain gaming industry will conform to these expectations.
https://t.co/Z9rPHeD5np

[Sfermion Research @SfermionR]

Early indications suggest that blockchain gaming will conform to the behaviors in the traditional gaming industry, with usage increasing (or at least remaining stable) while user expenditures contract in conjunction with discretionary spending as the economy toys with recession.