TL;DR

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

• Web3 gaming news: NPC Labs, BLOCKLORDS TGE, Telegram mini app store, Igloo raise, OKX Racer, Binance Labs invests in Pluto Vision Labs, MAX TGE, Mocaverse x TON, Maplestory Pioneer Test, and more news.

• Macro news: Trump at the BTC conference, Mt. Gox repayments, ETH ETF launch, Polygon's new POL token, Hamilton Lane, and more news.

🎮 Web3 Gaming and Tech

• NPC Labs (NL) announced they raised $18M, making their total funding $21M

  • They are building an on-chain game engine for Base, easing the process for devs to bring their titles to the chain

  • NL is the core contributor to B3(dot)fun

• BLOCKLORDS, the real-time strategy game launched its LRDS token

  • To many people’s surprise, the token got a D1 Coinbase listing

  • The token is trading at a ~$10.7M market cap with a ~$156M FDV

• The CEO of Telegram announced a mini app store will be coming at the end of this month

  • This is a huge step forward in terms of improving discoverability inside of the app

  • Furthermore, it was announced that the app will enhance its security features, also to specifically tackle Web3 scams

• Igloo, the parent company of Pudgy Penguins added the Founders Fund to its cap table

  • The company raised $11M+ in total from various VCs

• OKX launched its OKX Racer game on Telegram

  • It’s a game where you guess the price of Bitcoin by selecting Moon or Doom, and receive points upon guessing correctly

• Binance Labs announced they invested in Pluto Vision Labs (PVL)

  • PVL is the studio behind CatizenAI

  • Only a few weeks earlier they raised $6M through two rounds, the amount that was raised in this round was undisclosed

• Robo Kiden will hold its free mint on OpenSea next week

  • It’s a low-supply collection (999 pieces) that provides access to P2E and specific giveaways and products

• Matr1x’s $MAX token will be listed on OKX, BingX, and other exchanges next week on the 29th

  • It’s the second token of the Matr1x ecosystem

  • The first token they launched FIRE is trading at a ~$35M market cap and ~$179M FDV

• The roguelite The Wanderers launched an initiative called Wandercorp

  • Wandercorp will be the foundation responsible for launching the $WANDER token

• Upland launched its $SPARKLET token this week

  • The token is trading at ~$12.8M market cap and ~$74M FDV

• Mocaverse announced a strategic partnership with TON to grow its consumer network

  • The partnership includes a TON <> MOCA token swap, valued at a combined $20M

• Synergy Land, the ARPG x farming simulator, is migrating to the Treasure Chain

• MAYG announced its “LAUNCH BETA” airdrop period

  • They also mentioned that 40% of the $MAYG supply will be dropped to players at TGE

  • Does this mean they will have an IIRC of 40%+ at TGE? That would be something we haven’t seen before

• MapleStory Universe opened up its Pioneer Test, slowly opening up access to the game

  • After players reach level 30 they will be able to mint their character

• Gangster Arena returned with S3 and added Crew Wars

  • The Crew Wars mechanics bring new mechanics of strategy, coordination, and teamwork

• Sidus is working on a Telegram game called Nidum Arena Battler

  • It seems like a turn-based PvP battler

  • The game was added to TON Station, which is an initiative by Sidus to create a one-stop station for all Web3 TG games

🕹️ Gaming Narrative Play

• The power of Coinbase: During the Alpha Wolves yesterday, Sparkc brought up the effectiveness of Coinbase listings for gaming tokens

  • This year these listings included KARRAT ($58M), PIRATE ($67M), A8 ($34M), and LRDS ($10.7M) so far.

  • Only a $10.7M MC isn’t that impressive for being listed on Coinbase

• On the contrary, gaming launches specific to Binance in the past 8 months did much better: PIXEL ($147M), PORTAL ($87M), ACE ($93M), and NOT ($1.4B).

🚀 Nexus V1 Alpha Launch

Welcome to #38 of the Nexus Power Up Newsletter. This week we have a list of P2A campaigns for you (note: as of now it’s still bare-bones). In the meantime, 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 $9.99/month to unlock Standard Tier access

• 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

• Former President Trump is due to speak at the BTC conference this week, unsurprisingly Kamala Harris will not be speaking at the conference.

• In a move that could signal a major change in Russia's economic strategy, their parliament just approved a bill allowing cryptocurrency use in international trade.

• Mt. Gox creditors are finally getting their hands on some of their lost funds. After a ten-year wait, they've started receiving payouts in Bitcoin and Bitcoin Cash on Kraken.

• On their first day of trading on U.S. exchanges, ETH ETFs generated more than $1 billion in cumulative trading volume. The Grayscale Ethereum Trust led the way at $456 million, accounting for nearly half of the total volume. 

• Hamilton Lane is one of the world’s largest firms investing in alternative assets. Announced that they are launching the first private credit fund on the Solana blockchain.

• 10x Research founder Markus Thielen recently predicted that embattled SEC Chair Gary Gensler will likely resign within the first two months of 2025. He noted that SEC chairs typically step down when a new administration takes office.

• On September 4th, 2024, Polygon will update its main network. This upgrade will introduce a new token called POL, replacing the current MATIC token. The update also includes new smart contracts, all approved by the Polygon community. 

🌟Token Spotlight by Hustle

• Coin of the Week: $WOLF

• Market Cap: ~$140M

• What is LandwWolf? WOLF is a meme coin on Solana. The volume is high, the community is a cult, and they have good memes and socials. In the past 7 days, the token is up 70%.

• 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: Koin Games Dev Squad

• Why Koin Games?

  • Koin Games has a strong team in terms of gaming experience and is plugged into the Web3 scene as well. The only thing is that their media presence is very low, but since not many are paying attention, you can use this to your advantage.

• Utility

  • The Genesis collection will have “first class seats”. But the utility is unknown at this moment.

• Catalysts

  • The team releasing a trailer or anything that solidifies their gaming plans will likely lead to upward price action

• Counterpoint:

  • The utility is unknown, which makes it a gamble on knowing whether it will provide you exposure to an upcoming token for example

Nexus Feature Tweets

See you next week!