TL;DR

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

• Web3 Gaming and Tech: RON and Pixel Binance listing, Treasure drops lite paper, Saltwater Games raises $5.5M, Gameshift marketplaces, Paradise Tycoon Seedify IGO, $DELABS token, Heroes of Mavia 1M downloads, Revolving games mint, Persona art reveal, and more.

• Macro Cryptocurrency News: Solana outage, ETH's Dencun upgrade, Microstrategy buys more BTC, a partnership between Metamask and Robinhood, and Eigenlayer increases staking cap.

🎮 Web3 Gaming and Tech

• $RON is now tradeable on Binance

  • The token peaked past $3 and beyond to $3.30, however, we did see a large sell-off event back to the $2.40 range.

• Ronin partnered with Fight League

  • This will lead to 3 new games coming to the chain. GMonsters will develop the games in partnership with MIXI.

  • MIXI is a Japanese mobile development studio, known for its hit Monster Strike, this game grossed over $10.5B in lifetime revenue.

• Treasure dropped its litepaper, and introduced the idea of Infinity Chains

  • This litepaper also indicates that Treasure will likely remain with the Arbitrum chain.

• Saltwater Games, the studio behind Celeros, raised $5.5M

  • Earlier in January, the company acquired three studios to be merged into one multi-studio.

• $PIXELS is launching on Binance and announced a $4.8M raise

  • Considering the airdrop is concluded now, we did see a huge sell-off of Farm Land, from 2.3 to 1.15 ETH.

• Solana Labs partners with Tensor to launch GameShift marketplaces.

  • This toolbelt helps devs launch in-game marketplaces, importing external assets, support for non-custodial wallets, and more.

• Citizen Conflict releases the details on the staking program for QORPO holders

  • This includes holders of the Citizen Zero and Aneemate collections.

• Paradise Tycoon announced it will hold their IGO on Seedify for the MOANI token

  • The game has already reached over 320K downloads and 74K monthly active users in its Alpha phase.

• PlayEmber partners with Pixelmon to create a new casual mobile game, launching in Q2

• Delabs Games announced that there is a $DELABS token coming in 2024

  • Delabs Adventure Pass holders will receive a token airdrop.

  • Additionally, the upcoming Meta Bolts NFT (28th of Feb) will reward holders with a token airdrop as well.

• PlayEmber introduced Emby Pinball pre-mint, the first Emby IP game

• Heroes Mavia announced they reached 1M global downloads

• Shrapnel launched its first STX event, with a prize pot of $100K in SHRAP

  • The reception of the game seems quite positive so far.

• AI Arena is hosting one of the largest play-2-airdrop events to date, some speculate this will easily be a 7-figure airdrop

  • Jonny is one of the captains of the event.

• Revolving Games, the studio behind Skyborne Legacy announced it will be holding its RG Bytes mint on the 22nd of February

  • RG Bytes are loyalty rewards that give access to an exclusive dashboard, where you earn loyalty points, which you can exchange for ecosystem rewards.

• The Oh Baby Kart Beta 2 is now live

• Persona reveals the art of its PFP collection, giving a retro Japanese (Gundam) look

🕹️ Gaming Narrative Play

• The RONIN ecosystem and its games continue to keep its mindshare on the timeline super high, only this week they announced:

  • The $RON and $PIXEL Binance listing

  • Pixels raising $4.8M

  • A partnership with Fight League

• Overall this is bullish for new entrants coming to the RONIN ecosystem, especially now onboarding has become much more accessible (via Binance). Additionally, the partnership with Fight League is tapping in a new market of high-spending users for RONIN, Japan.

🚀 Nexus V1 Alpha Launch

Welcome to the fourteenth edition of the newsletter! After months of teasing you, we can finally say that the V1 Alpha Launch of the Nexus Platform will become available to holders today.

• Get a Nexus Pass NFT now for exclusive and immediate lifetime access.

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

📈 Macro Cryptocurrency News

• Solana experienced an outage lasting about five hours on Tuesday.

• The final 'Holesky' testnet for Ethereum's Dencun upgrade has been reached.

• MicroStrategy purchased an additional 850 BTC for $37.2 million, increasing their total BTC holdings to 190,000.

• The partnership between MetaMask and Robinhood expands accessibility to cryptocurrency.

• EigenLayer increases staking cap, leading to a surge in TVL exceeding $3 billion.

🌟 Token Spotlight by Hustle

• Coin of the Week: $MAVIA

• Market Cap: ~$140M

• What is Heroes of Mavia (HoM)? HoM is the Web3 version of Clash of Clans, which in less than 4 days reached 1M downloads. The token only launched 4 days ago and has been up 50% since its TGE date. $MAVIA was only launched after the game was live, the mass marketing campaigns were ready, and they established a network of streaming partners. They launched only when the value proposition was extremely well-established, and we’re seeing how that is paying off now.

• 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: EMBY

• Why Play Ember (PE)?

  • One of the few Web3 games that is already successful

  • 120M downloads, 5M MAU, 1M UAW (past 30 days)

  • Founders are very experienced in (casual) gaming

  • Partnerships with Pixelmon, Cool Cats, and more to come

  • Similar to Zynga’s Sugartown, “but on Web3 steroids”

  • Widely accessible, casual games

• Utility:

  • In-game bonuses and rewards, access to holder-gated rewards pool, beta testing of all new games, new character airdrops, first access to the Emby Dashboard ( new quests, prizes, and more), Gacha Boxes, holder WL spots & Alpha, raffles, Daily Ember Points (which probably translate to a token airdrop).

• Catalysts:

  • What played a large role in the establishment of the current floor price of PE at around 0.4 ETH is its unfortunate timing. The project has the connections, Web3 natives, games, and (Web3) partnerships to continue to push the narratives. It is bullish to see them launch a game for Pixelmon, and whales have continued to sweep in the 0.3 - 0.4 range in the past 2-3 weeks.

See you next week!