TL;DR

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

• Web3 gaming and tech: Fableborne rebrand, $GOD coin, "The Tier 1 mafia", Zone9, CTA token, FURY token, NYAN token, BUBBLE token, Lingo airdrop event, Fantasy Top Tournament, MON Protocol airdrops, Wolf Game on Blast, $NOT, and more.

• Macro news: Deutsche Bank x blockchain, Tornado Cash dev sentenced, Roaring Kitty returns, CPI data, and more news.

🎮 Web3 Gaming and Tech

• After multiple teasers, Fableborne finally revealed that they have been working on a rebrand + rework of the game

  • Fableborne formerly was a Clash of Clans x ARPG game, but now pivoted to Clash Royale x ARPG

• The Valhalla Foundation (Infinigods) announced the $GOD coin

  • Additionally, they started a SocialFi campaign you can take part in and accumulate points

• Sam Steffanina collected (anonymous) insights from founders to talk about how Tier-1 exchanges have a stranglehold on the industry

  • “they will maximally extract what they can”

• Zone9 is a new zombie-survival game, the flagship game of the Ancient8 chain

• BADMAD ROBOTS revealed it’s releasing its Beta in the Summer of 2024

  • The game can also be wishlisted on Steam now

• Cross the Ages launched its CTA token this week on multiple CEXes and DEXes

  • Against the norm, the token launched with a 100% unlock. The token is trading at a $23M market cap

• Engines of Fury listed its $FURY token this week on Gate.io

  • This token also launched with a 100% unlock and is now trading at a $85M market cap

• Zentry announced how they are building the “metagame layer to bring the MMORPG experience to real life”

  • They laid out what the Zentry Universe looks like currently in this thread as well

• Guild of Guardians globally launched their game on mobile

  • The game was available on mobile for a couple of months already, however, only in a select few countries

• Nyan Heroes announced it is launching its token on the 21st of May on Bybit

  • Additionally, they announced an airdrop is coming

• Imaginary Ones launched the $BUBBLE token this week on multiple CEXes

  • The token is trading at a $10M market cap and a $94M FDV, which reflects the poor market sentiment for Web3 gaming

• Night Crows, developed by Wemix, launched its game globally

  • It’s a mobile MMORPG, with over 500K downloads already

  • On the contrary, the game is only rated 2.4 out of 13.000 reviews, which will hinder its growth

• Xterio launched its XterAI Alpha event

  • You create an AI-generated NFT based on your wallet, support creators by minting copies, burn copies to get the latest value, and creators get 2.5% of txn volume

• Lingocoin launched its Airdrops Islands campaign, with 5 islands and 5 ways to win $LINGO

  • Tasks include completing social quests, playing mini-games, referrals, etc.

• Chibi Clash is live on Base

  • At the same time as going live, they introduced their P2A campaign for Survivor

• Fantasy Top launched its Commons Only Tournament, with 111K Blast Gold in prizes

  • Additionally, players can win cards, FAN points, and Stars

• Shadow War announced its MASTER DRIVE Genesis NFT with a 444-supply free mint

  • Benefits include airdrops, WL to future mints, rewards multipliers, and more

  • Recently they announced a $5M raise as well

• “All MON Protocol Partners have committed a portion of their token to be distributed to MON Stakers.”

  • With over 50+ partners and over 50 more to be announced, MON is becoming the ETF for Web3 gaming tokens

• Saltwater Games announced they are building on Arbitrum to launch XR one, their L3

• Wolf Game is relaunching Cave Game on Blast today, everyone will be able to claim free WOOL on Blast (bWOOL)

  • Considering the Blast TGE is delayed till the end of June, Wolf Game will (likely) get a large Blast Gold allocation

  • In anticipation for the game, all the Wolf Game NFT collections are up by a lot

• The popular “Cookie Clickers-like” game Notcoin was launched on TON yesterday

  • Additionally $NOT has been trading live on Binance with over $1B in 24h trading volume

🕹️ Gaming Narrative Play

• SociaFi: Initially, there was the countless points campaign, then we saw Fantasy Top gain popularity, and now World PvP is starting to catch on. In the future, we will probably see more games/experiments that integrate SocialFi into their design. Currently, creating this speculative layer amplified by social dynamics seems to be one of the best product-market fits for Web3.

🚀 Nexus V1 Alpha Launch

Welcome to the twenty-eight edition of the newsletter! The public launch is getting close now, we hope you’re ready. Also, have you noticed our little rebrand? Nexus is leveling up.

In the meantime, this is how you can get involved:

• 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

• Deutsche Bank is set to investigate an interoperable blockchain platform offering services to tokenized and digital funds.

• Alexey Pertsev, the developer behind Tornado Cash, has been sentenced to 64 months in prison for charges related to money laundering.

• OpenAI is introducing GPT-4o, a version of the GPT-4 model that drives its flagship product, ChatGPT. This enhanced model is notably faster and enhances capabilities across text, vision, and audio domains.

• According to analysts at data firm CryptoQuant, the Dencun upgrade has made Ethereum inflationary again, potentially undermining its status as "ultra-sound" money.

• Keith Gill, better known by his online fans as "Roaring Kitty", resurfaced on X this week and caused a price surge of meme stocks GME and AMC.

• In April, the monthly inflation rate in the U.S. slightly moderated, as indicated by the government's CPI, which rose by 0.3% compared to 0.4% in March and economists' projections of 0.4%. The news offers hope that Fed rate cuts could remain possible this year.

• Coin of the Week: $ZENTRY

• Market Cap: ~$120M

• What is Zentry? GuildFi recently rebranded to Zentry, a platform that aims to build a unified play economy. The ecosystem revolves around the Metagame Layer (the games we play outside of the game), and Zentry aims to connect, play, and shape these players through their interactions and choices. This thread explains the platform in detail.

• 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: Pixelmon Trainers

• Why Pixelmon?

  • Pixelmon’s $MON is set to become one of the largest TGEs for this year

  • Multiple games in development

  • Successfully regained the trust of the community

  • A large amount of funds (development budget)

• Utility

  • Shared-IP rights

  • Utility in the Arena game

  • Scheduled airdrop for $MON

• Catalysts

  • Recently, one of the larger Pixelmon whales got hacked and dumped a bunch of Trainers and Gen1s on the market. Leading to a drop in its price.

  • Trainers (with Relics) are told to be one of the best ways to expose yourself to the MON airdrop, and at its current price, they seem to be at a discount.

Nexus Market Update

See you next week!