TL;DR

• Follow the Hustle and the Nexus Twitter accounts for the latest news.

• Web3 Gaming and Tech: Pixelmon raise, Forgotten Playland raise, Binance x SkyArk drama, MixMob token launch, Citizen Conflict mint details, Mavia token launch, Pudgy Penguins IP licensing, RON reaches two-year high, Mocaverse's SHARD program, and more news.

• Macro Cryptocurrency News: Ripple chairman hack, $JUP pumps, Harvest Fund submits Bitcoin ETF proposal, interest rates remain unchanged, and FTX abandons its revival plans.

🎮 Web3 Gaming and Tech

• Pixelmon raises $8M in a Seed round, through Animoca, Delphi Digital, Bing Ventures, and several others.

  • The round is likely tied to the presale of $MON.

• Forgotten Playland raised $7M from Merit Circle, Csquared, Paper Ventures, and Spartan Group.

• Binance Labs clarifies the air on its involvement with SkyArk, mentioning they weren’t involved in the latest funding round.

  • It seems SkyArk craftily merged their involvement in the Binance Incubation Program in ‘21, with other funding rounds into one Seed round announcement.

  • The ‘deception’ of the SkyArk team led to lots of FUD, whereas the Tenjin NFT collection is still trading under its 0.6 max bid price.

• The strategy race game MixMob launched its SOL token on ByBit.

  • Presale buyers earn 10x from the gate, but the token price halved to about 5x now.

• Citizen Conflict releases the details on its mint, it will be free and the supply will be 2222.

  • The Citizen Zero Founders pass will provide larger benefits across the whole QORPO ecosystem.

• Treasure received a proposal to be brought to zkSync, and another proposal to bring the ecosystem to Optimism at the same time.

• Web3 Gaming Frontier shares how you stay ahead of the curve with its February watchlist.

  • The list includes all mints, airdrops, and token events you should watch.

• Mavia is launching its token on February 6th.

  • The game is also holding its Pioneer airdrop program, which ‘everyone’ can participate in.

• Yaku, a Web3 action MMORPG, is teasing a potential airdrop for its Yaku Token.

  • The token launched in May ‘23, but is still trading above its price at TGE.

• Pudgy Penguins introduced a new way to enable IP licensing.

  • They launched a platform that explains in detail which assets are being sought for what kind of licensing.

• $RON reaches a two-year high after the $246K Axie Infinity NFT sale.

  • The token is trading at $2.85 as of today.

• Pirate Nation released a major update, where players can freely roam the Pirate World, and added the feature of a resource economy as well.

  • Despite the update, the floor price moved down surprisingly.

• Immutable zkEVM mainnet early access is live, powered by Polygon.

  • The mainnet enables massive scalability, smart-contract compatibility, and gas-free interactions for gamers.

• Mocaverse launched its Shard Rush program, a gamified referral system.

  • Players can collect Shards and Realm Points, which will play an important role in the Moca ecosystem, and potentially $MOCA.

• One of the most-anticipated Web3 games, Off The Grid, launched its Discord server.

• Blocklords announced its Gamedrop event (i.e. play-to-airdrop campaign)

  • A registered BLOCKLORS account, a connected wallet, active playtime, and ownership of heroes will affect your bonus.

• StadiaX, a Web3-enabled gaming rewards platform launched the public sale for its token.

• Polygon Labs returns with its weekly briefing, covering topics like unified liquidity, community, and Web3 gaming.

• Superverse partners with Polygon to create a unified Web3 gaming network.

• Lamboland shares why whales are calling out Web3 gaming projects.

  • The recent announcements coming from AOFverse and Valhalla caused a lot of disappointment.

  • Interestingly, AOF reverted some of its announced changes after Dingaling dumped 143 NFTs. 

• Rebase partners with Aurory, aiming to bridge the gap between virtual gaming and real-world events.

• Netmarble's blockchain division, Marblex, is partnering with the gaming protocol Saga to develop games.

  • SAGA is also organizing a large-scale airdrop for its coming token across various games.

• NFT now shares 6 Web3 trends that will define 2024.

  • They have a separate Tweet on Web3 gaming, highlighting games, infra, brands, and projects.

• Pudgy Penguins reached an impressive floor of 17.5 ETH but experienced a significant sell-off, dropping to 15 ETH.

🕹️ Gaming Narrative Play

• With the recent success of Gas Hero, which carried the chain to a $100M 30-day volume, Polygon is making a comeback. The enormous amount of liquidity the game brought to Polygon led to more attention to quality projects building on there such as Wildcard and Fableborne.

• Considering, that Polygon is also starting to push more gaming content again, we see them making a comeback on this front in 2024.

🚀 Nexus Platform Countdown

Welcome to the thirteenth (hopefully this isn’t bad luck) edition of the newsletter! All we can say today is: mark the 8th of February in your calendar. Until then, this is how you can get involved:

• Get a Nexus Pass NFT for exclusive lifetime access, or

• Subscribe for $49/month to unlock the full potential (live at launch), or

• Use the free version (limited in features) of the platform

Don't miss out—follow our journey on Hustle's Twitter, YouTube channels, and Nexus Twitter.

📈 Macro Cryptocurrency News

• Chris Larsen, the chairman of Ripple, fell victim to a hack in which approximately 213 million XRP, valued at around $112.5 million, was stolen.

• The $JUP token experiences a pump following a substantial $700 million Jupiter Airdrop to Solana wallets.

• Harvest Fund submitted a formal application for a spot Bitcoin ETF in Hong Kong.

• The Federal Reserve keeps interest rates unchanged and signals that it is not prepared to initiate any rate cuts at this time.

• FTX abandons the initiative to revive its exchange and commits to reimbursing billions to its customers.

🌟 Token Spotlight by Hustle

• Coin of the Week: $BXBT

• Market Cap: ~$10M.

• What is Boxbet? Boxbet is a sports betting platform on Telegram, making the betting experience incredibly accessible and intuitive. Being on Telegram directly can also be a huge distribution advantage. $BXBT holders can earn from 3 distinct revenue streams: bots, trading, and affiliates. Additionally, 30% of all revenue is used to buy back and burn $BXBT.

• Delve into Hustle's market wisdom with his “Daily Watchlist” and deep-dive analysis available on the TTOO Discord server and through his “In the Game" show. 

✍️ NFT of The Week

• Pick of the week: TENJIN.

• Why SkyArk?

  • It’s a reach, but the market might have ‘overfudded’ the NFT collection, it’s a case of buying the FUD.

  • Raised $15M in total.

  • Impressive team, which has experience in building JRPGs.

  • 3 games are in development (2 JRPGs and a SocialFi open-world).

  • Building a game engine and game platform.

• Utility:

  • Token airdrop and whitelist

  • Priority access to their games

  • WL to the SkyArk ecosystem program

  • Exclusive merchandise

• Catalyst:

  • We’re seeing many whales (rugntug.eth, brazy.eth, chosenx.eth, dingaling.eth, keungz.eth) sweep TENJIN’s in the 0.5 ETH range. SkyArk is closely connected to the Chinese whale market as well. When the Web3 gaming market conditions improve, we expect SkyArk to rise above its max bid price of 0.6 ETH again.

🛠️ Nexus Updates Sneak Peek

Update of the week: Nexuspad Overview. This feature gives you a clean overview of the current raises that are live on our platform, and past raises that have been held.

See you next week! 👀