TL;DR

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

• Web3 gaming and tech: Today the Game: raise + mint, WilderWorld x Samsung, Saga launch, $G3 token launch, $MOJO token, Block Games drama, Sui handheld gaming console, Portal x Cyberkongz, Gunz x OpenSea, Gemz, and more news.

• Macro Cryptocurrency News: Monad Labs funding round, EigenDA launch, Coinbase lawsuit, the SEC cautions Uniswap, Ripple stablecoin, crypto turbulence expected, and Dappradar data.

🎮 Web3 Gaming and Tech

• Today the game raised $5M through its seed round led by Sfermion and Big Brain Holdings

  • Additionally, they partnered with Horizon Labs, which means they will be launching a token

• Today the game also had a successful mint this week

  • The mint only had a supply of 777

  • Its price opened at around 0.7 ETH, but it quickly pumped to the 1+ range and is now sitting at ~1.49 ETH.

• WilderWorld (WW) partners with Samsung to make Midnight in Wiami accessible through smart TVs

  • WW keeps growing its lineup of impressive partners

• Saga launched its mainnet, and so the SAGA token, which opened at a $6B+ FDV

  • Saga had a launch pool on Binance with over 500,000 stakers, which contributed to the success of the token launch

• GAM3S launched its $G3 token on Bybit, Kucoin, Gate io, and Uniswap

  • The token is sitting at around a $150M FDV

• Planet Mojo’s $MOJO token is now live

  • The token is sitting at around a $143M FDV

• A popular Hearthstone player named Thijs speaks out on becoming part of Parallel TCG

  • In the past week, there has been lots of controversy around the topic, as gamers hate crypto, but Hearthstone doesn’t pay the bills for pro players

• Block Games token launch doesn’t go as smoothly as expected, leading to confusion and FUD

  • There was a lack of transparency when it came to the claim period, the round was overallocated by 800%, the farming points campaign didn’t work properly, and more

  • The token is sitting at around $236M FDV

• Planet Atmos shares how they started, how it’s going, and what is coming next

  • They are organizing a space tomorrow which will go more in-depth into their plans

• SUI announced a handheld gaming console in partnership with Playtron

  • Similar to the Solana phone, Sui will incentivize buyers with token airdrops

• Ahead of the scheduled BTC halving on April 20, Ordinals and Runes projects on Bitcoin are gaining momentum.

  • Here is a solid article that highlights the most noteworthy ones worth exploring

• King of Destiny announced that Avatars are coming to the game, exclusively available in-app with FATE

• Portal is joined by another large Web3 Gaming IP: CyberKongz

• Kaidro successfully minted out its 9999 Spark Suit collection

  • The public sale of 2400 crates sold out in under 10 seconds

• GUNZ, the blockchain used by OfftheGrid will be integrated with OpenSea

  • Users will be able to trade in-game items natively on the GUNZ chain through OS and use the GUN token

• AI Arena started its social questing campaign

  • Additionally, they rebranded their token from $NRN to $N

• Animoca Brands forms a partnership with Imaginary Ones to bolster tokenomics.

  • Animoca will also assist Imaginary Ones with its GTM-strategy

• Metalcore announced its $MCG token

  • You can now participate in various social and in-game quests to collect Marks, which makes you eligible for an $MCG claim at TGE

• The co-founder of Zynga started a social point campaign called Gemz

  • Gemz will have something to do with AI and Gaming, but its purpose remains mysterious

🕹️ Gaming Narrative Play

• The next Pixels: In a thread, Web3 creator Cagy shares four picks, which have the potential to succeed after seeing what Pixels has achieved.

  • The picks include Kuroro Wilds, Worldwide Web3, and Spellborne Game

  • What these picks have in common, is the pixelated aesthetic, a deep Web3-economy, larger elements of collectability, and social aspects to gameplay.

🚀 Nexus V1 Alpha Launch

Welcome to the twenty-third edition of the newsletter! We will be representing Nexus at Token2049 in Dubai next week and are keen to connect with individuals in the Web3 gaming industry.

In the meantime until our public launch, this is how you can get involved with Nexus:

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

When we launch publicly, 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

• Monad Labs has concluded a $225 million funding round, with Paradigm taking the lead. Other participants in the round include Coinbase Ventures, Electric Capital, and Greenoaks.

• EigenLayerand EigenDA has launched on the Ethereum Mainnet, following $12 billion being deposited into the protocol.

• Coinbase has been absolved of liability in a lawsuit regarding cryptocurrency transactions. The court's ruling heavily relied on the interpretation of Coinbase's evolving user agreements over time.

• The SEC cautioned Uniswap that it plans to initiate enforcement action against the company. Uniswap is the largest DEFI platform in the crypto space.

• Ripple (XRP) revealed its entry into the stablecoin market by introducing a digital currency pegged to the U.S. dollar. The company's objective is to enhance stability and user-friendliness on its XRP Ledger.

• In a recent blog post, BitMex founder and crypto leader Arthur Hayes posited that cryptocurrencies are headed for intense turbulence in the second half of April, spurred by the Bitcoin halving and a Fed “bag of tricks."

• A recent DappRadar report underscores several optimistic indicators within the decentralized application (DApp) and Web3 sectors for the first quarter of 2024.

🌟 Token Spotlight by Hustle

• Coin of the Week: $OM

• Market Cap: ~$900M FDV

• What is Mantra? OM is a chain focused on the RWA economy, that is regulation-ready. They just surpassed ONDO as one of the biggest RWA plays, but are still going under the radar. Now they launched their questing campaign it is expected, that the attention will pick up.

• 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: Balthazar raW Pass

• Why Balthazar?

  • Successful activations in the past

  • Launching a new game: an AI auto battler

  • Launching a token

  • Migrating the collection to Ordinals

• Utility

  • The passes on ETH will burn at a 3:1 ratio for a new Ordinals Pass

  • BZR points that translate into a $BZR airdrop allocation

  • Airdrop distribution of $BZR based on a raffle-based system

  • Benefits during activations

• Catalysts

  • Balthazar has led fairly successful activations in the past, with its Wallet Wars game, but has gone under the radar in the past months.

  • Now, considering they have a lineup of various events coming up that align them with current narratives, it is expected that attention to the project will have a resurgence. This will likely lead to an appreciation of the raW Passes.

See you next week!