TL;DR

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

• Web3 gaming and tech: PORTAL live on Binance, Dookey Dash: $1M prize pool, XBORG P2A campaign, $MON presale, Notcoin, Starheroes IDO, Gala token pumps, $QORPO listing, and more news.

• Macro Cryptocurrency News: Bitcoin surpasses $61K, Microstrategy purchased more BTC, BLAST launch, and Circle enabling IP trading.

🎮 Web3 Gaming and Tech

• $PORTAL is now live on Binance

  • Presale buyers are heavily in the green - around 50 - 60x at TGE

  • The biggest win the Nexuspad has brought to its holders so far

• Yuga Labs Gaming shared a new trailer on Dookey Dash: Unclogged, which shows there will be a (minimum) $1M prize pool

  • You can pre-register for the game using the same link

• Superverse partners with Off the Grid: exclusive benefits to $SUPER holders

  • Holders will receive SV codes for the upcoming mobile companion game TECHNOCORE and be able to compete for special Off the Grid NFTs

• XBORG announced a 3M XBG airdrop campaign

  • The studio also has its upcoming NFT sale, which provides launchpad private deal allocations, a discount on XBG, and ecosystem benefits

• Pixelmon’s $MON presale was a success with over $17M sent to the contract

  • There will be a raffle-based process, which determines who can buy $MON

• The Telegram game Notcoin has over 25 million players and is close to introducing a real token

• Ancient8, a gaming-focused L2 on ETH confirmed an airdrop

  • Its NFT collection on SOL saw a 5x in the last weeks, however, dropped back to its original floor price after the snapshot

• The MON Protocol introduced Chronoforge as a MON protocol partner

  • It’s not clear yet what this means, but some speculate there’ll be cross benefits for holders of assets of both projects

• Forgotten Playland launched its token on Uniswap

  • The token is trading around its TGE price right now

• Metahorse is building on BEAM

  • A horse-racing RPG game, which is a pretty interesting innovation in the genre

• Parallel TCG launched its open beta yesterday

• Heroes of Mavia surprised a lot of people by choosing Base as their L2 solution to expand and scale the Mavia ecosystem.

  • Hustle did predict last week that this could very well happen.

• Transak and Skale partner to improve the Web3 gaming experience

  • Transak provides seamless fiat-to-crypto onramps, whilst Skale is a blockchain with zero fees

• StarHeroes announced its IDO will happen on Moby on March 6

  • The game is also currently running a $STAR P2A event 

• Immutable gets nominated by CoinMarketcap for 'Most Innovative NFT & Gaming Project'

• PIxels just hit 650K MAU and is growing without the usage of ads

• Gala launches the GalaSwap decentralized exchange with token rewards and referral incentives

  • This news caused a big pump for the token, which has also been up 88% MoM

• QORPO World’s $QORPO token got listed on Bybit, Kucoin, Uniswap, and more

  • Presale buyers enjoyed good gains (~5x), which is impressive for a project that shared the same launch day as BLAST and PORTAL

• Arbitrum introduces Arbitrum Arcade, an 8-week on-chain gameathon

  • There will be a prize pool of $200K

• Ubisoft collaborates with Helika, a gaming, and AI analytics firm, to enhance the launch of the Champions Tactics

• Pixels officially sells out its Pet Capsules sale of 3000 NFTs

  • 1.5M $PIXEL was removed from the circulating supply

• Forge, the gaming reputation protocol announced it is integrating the 6 top gaming chains into its ecosystem

• Hackers stole almost $10 million in assets from Jeff “Jihoz” Zirlin, one of the Axie Infinity co-founders

🕹️ Gaming Narrative Play

• The BLAST unlock that happened yesterday unlocked a whopping $2B+ in liquidity, the gas fees of $300+ for just trying to bridge your Blast ETH to the main net confirmed the insurmountable hype.

• Much of this hype (and so liquidity) will lead into the narrative that has been building in the past two years: gaming. You can check out this list, which includes the majority of (decent) games building on there.

🚀 Nexus V1 Alpha Launch

Welcome to the seventeenth edition of the newsletter! We’re aiming for a public launch in 2-3 months (ideally ~45 days). In the meantime, this is how you can get involved:

• 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

• Bitcoin surpasses the $61,000 mark, inching closer to its all-time high. Meanwhile, Coinbase suffered a technical “glitch” amid BTC’s meteoric price appreciation. The error resulted in many users being outraged as they saw a $0 balance in their account.   

• MicroStrategy has purchased an additional 3,000 BTC for approximately $155 million, at an average price of $51,813 per bitcoin. As of February 25, 2024, MicroStrategy now holds 193,000 BTC acquired for approximately $6.09 billion, with an average price of $31,544 per bitcoin.

• Blast TVL crossed $2B+ and their mainnet launched yesterday.

• Circle, the issuer of the USDC stablecoin, is enabling IP trading and USDC revenue payouts on Overdare, a metaverse gaming project supported by Krafton Inc., the developer of PUBG, and South Korean 3D avatar company Naver Z.

🌟 Token Spotlight by Hustle

• Coin of the Week: $CROWN

• Market Cap: ~$128M

• What is CROWN? CROWN is Photo Finish Live’s utility token, it can be used to purchase track licenses which generate a revenue share in the $DERBY token. It’s one of the more well-known SOL games.

  • A few months back, when the token was at ~$60M we also mentioned it in the newsletter. Now we’re on the brink of a bull run, horse racing is one of the verticals that will gain attention, and CROWN is a good way to position yourself for the upside.

• 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: MigthyNet Genesis Pass

• Why Mighty Action Heroes (MAH)?

  • The same team that build Disney Melee Mania and Butter Royale

  • 50+ staff across 9 countries

  • Building an ecosystem of different mobile games

  • Raised $10M

• Utility

  • Early access to all games, collecting Mighty Bits (currency), ecosystem benefits, and (potentially) $MIGHTY P2A benefits

• Catalysts

  • As the core asset of MAH the Genesis Pass has the largest potential for value accrual with the upcoming $MIGHTY token

  • An upcoming P2A campaign (only confirmed in the Discord so far)

  • They have got influential KOLs onboard (e.g. Yellow Panther), and due to being featured in the Arbitrum Arcade event, there’s a good chance they will regain social traction

🛠️ Nexus Feature Highlight

Check out our latest feature highlight video, where we explain the Games Page in-depth to get a better sense of what Nexus offers you as a trader.

See you next week!