#15 The Weekly Nexus Newsletter: Power Up

Off the Grid on XBOX, Ultiverse $4M raise, Immutable x PIxelmon, $MON TGE date, BItcoin > 51K, Puffer Finance $850M, and more news.

February 16, 2024

TL;DR

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

  • Web3 gaming and tech: Off the Grid on XBOX, Mystery Societ raises, Persona x Xterio, bull thesis on Blast, Ultiverse $4M raise, Immutable x Pixelmon, 20+ gaming tokens, Forgotten Playland token, $MON TGE date, SOMO's Monolith airdrop, and more news.

  • Macro Cryptocurrency News: CPI January higher than expected, Franklin Templeton ETH ETF, Bitcoin > $51K, concerns with digital asset legislation, Puffer Finance $850M TVL, and Ripple expands in the US.

🎮 Web3 Gaming and Tech

  • Off the Grid’s game page appeared on the XBOX store, the first Web3 console game

    • With the backing of huge streamers e.g. Dr. Disrespect and Clix, Off the Grid is one of the best-positioned games to break into the mainstream right now.

  • Mystery Society raised $3M in a Seed Round led by Shima Capital

    • A social deduction game, led by ex-Disney employees.

  • Persona, one of the most-hyped upcoming mints, is minting on Xterio next week

    • Rumors say it will be a paid bidding mint

  • Lamboland shares his bull thesis on Blast - the opportunity of protocols x projects x communities seems high here.

  • Ginger Joy Games, a mobile gaming studio raised a $1.26M pre-seed round

    • It’s a spin-off studio from Matchingham Games, a larger and quite successful mobile studio.

  • Ultiverse, an AI-powered Web3 game creation platform, raised $4M in its latest round

    • The round was led by IDGCapital and also included VCs such as Animoca, Binance Labs, and Sequoia.

  • Kiet speculates on the most recent MapleStory Universe teasers

    • He lays out that: IGNs and characters are NFTs, items can be minted, and the gas token will be called NESO.

  • Gangster Arena revealed the details on the GODFATHER (WL) list

    • 500 WL spots that give a 50% discount on Gangster NFTs (paid mint), money spent on Gangsters goes to seasonal prize pools.

    • Check out the Nexus thread on how Gangster Arena is a gaming playground for Web3 degens.

  • Immutable partners with Pixelmon to build on the zkEVM, powered by Polygon

    • Immutable has been partnering with a bunch of well-known titles lately, including Treeverse and Imaginary Ones.

  • Hunter shares 20+ gaming tokens you can get into before they launch

    • This list includes $ANIMA, $DELABS, $MON, $UNA, $NRN, and many more solid gaming tokens.

  • Forgotten Playland announced they are launching a token on the 21st of February.

    • Less than a month ago, the studio announced a $7M funding round.

  • 1mpal lays out the things you’re overlooking about IntellaX

    • Outside of the success of the ERCC collection, they are longstanding VCs, have $12M in funding, and a $10M grant initiative.

  • MON shares an overview of its tokenomics - TGE in Q1 2024

    • There will be 1B tokens, 30% will be claimed by the community, and 6% will go to the community sale.

🕹️ Gaming Narrative Play

  • With the recent (social) success of Persona and the widespread love for their art style, it' seems PFPs on ETH are making a comeback.

  • Persona is uniquely positioned as it ties its collection to the UNAGI gaming studio. Depending on how well the NFT sale will be next week, other gaming studios might start copying the approach.

🚀 Nexus V1 Alpha Launch

Welcome to the fifteenth 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.

In a later stage, you can:

  • Subscribe for $49/month to unlock the full potential (live at a next-stage 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

cinema 4d spinning GIF by Best Served Bold

🌟 Token Spotlight by Hustle

  • Coin of the Week: $UNIX

  • Market Cap: ~$12M

  • What is Unix Gaming? Unix Gaming is a company that is currently developing various types of tools for Web3 gaming, they are the studio behind Owned.gg and Game League for example. Now, more recently they launched Battle.tech. A platform that combines SocialFi with competitive gaming, where you can buy player shares, which move based on gaming performance. It might be able to replicate the success of Friend.tech but in a more sustainable way.

  • 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: Rosentica: Starfall Travelers

  • Why Rosentica?

    • Fantasy Series and IP of novels, music, games, animes, and collectibles

    • Building a roguelike tower defense mobile RPG

    • Recently, announced another game, an on-chain game based on Stardust Gate IP

    • The project has been in development for almost two years

    • Successfully sold out a collection of 6.000 NFTs for 0.06 in a mediocre market

  • Utility:

    • The main utility is the art as of now, which isn’t much. However, with two upcoming games, this is likely to change (an upcoming token perhaps)

  • Catalysts:

    • A bunch of Web3 gaming whales have been sweeping for the past week

    • Partnership with a reputable influencer, with 1M+ followers

    • Looking to hire heavily on the marketing side, so we can expect a push in the upcoming months

🛠️ Nexus Updates Sneak Peek

We have been amazed by the overwhelming positive feedback from people experiencing the first public version of the platform. For now, we are working hard on improving the platform based on user feedback.

Feel free to add any suggestions in the #feature-requests channels.

What did you think of this edition?

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❝ 

Could spend all day on Nexus. And it's only the first version. So much more to come! Excited!

 ~ a Nexus V1 Alpha review

See you next week!