TL;DR

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

• Web3 gaming and tech: Overworld, Pudgy Penguins Alpha, My Pet Hooligan on Twitch, Raini Studios acquisition, Sugartown’s next game, Oh Baby Kart x Spongebob, Heroes of Mavia trailer, and more news.

• Macro Cryptocurrency News: inflation slowed down in November, FTX claims IRS claims hinder recovery of user funds, and Binance drops 30% in trading volume.

🎮 Web3 Gaming and Tech

• Overworld is the talk of the town, as a large percentage of WL holders couldn’t mint. Was it only 25% overallocated? FUD floods the timeline.

• According to Fortune Business Insights, the North American blockchain gaming market is set to reach $600b by 2030.

• Gods Unchained receives an 'Adults Only' rating due to play-to-earn features and is removed from the Epic Games Store.

• Pudgy Penguins unveils the Pudgy World Alpha, driven by zkSync, during Art Basel Miami.

• Mirai Labs, the game studio behind the horse racing game Pegaxy, shifts from Polygon to its Avalanche subnet.

• My Pet Hooligan is streaming their main event on the homepage of Twitch today.

• Endless Clouds partners with Inspect.XYZ. Through their platform, they will be holding their first giveaway for Timeless holders.

• Ceden and the studio behind the Kanpai Panda collection acquired Raini Studios and formed a new joint venture.

• The Immortal Game quits Web3, after raising $15M. Team: ‘But in our opinion play to earn isn’t sustainable especially applied to chess.’

• Sugartown is launching their next game called All Time Heights next week. Make sure to stake your Oras for energy, if you plan on holding.

• All of Seedworld’s NFT collections were delisted from OpenSea, claiming “they are used for ICO allocations”. However, the NFTs don’t include this utility.

• QORPO World successfully launched the Aneemate NFT collection on BNB. The utility includes a royalty profit share, token allocation, and more.

• Oh Baby Kart partners with Nickelodeon’s Spongebob Squarepants.

• FIFA is launching digital collectibles, offering an opportunity for the first 100 owners to secure tickets to the 2026 FIFA World Cup final.

• Donald Trump announced a new $99 NFT collection – the "Mugshot Edition. Purchase enough of them and you can get a piece of the suit the former U.S. president wore when he was arrested in August.   

• Heroes of Mavia releases their official gameplay trailer, with a launch scheduled for January 2024. Interestingly enough, after sharing the latest stats on their beta on the 13th, prices of Mavia Land NFTs pump hard.

🕹️ Gaming Narrative Play

• The below chart shows a pump that happened right after Beanie released a long Tweet on why he’s bullish on Sugartown. This shows the power of his influence in this space.

• Influencers in the (gaming) NFT space hold the power to craft narratives. And especially founders can, as shown by Jeremy Horn’s influence over Overworld. Don’t underestimate strong leaders in Web3 gaming.

🚀 Nexus Platform Countdown

This is already the sixth edition of the Nexus Newsletter! The Web3 gaming scene keeps getting hotter, and we are working hard on delivering you our first public build. In the meantime, this is how you can get involved:

• Get a Nexus Pass NFT for exclusive lifetime access, or

• Subscribe for $49/month to unlock the full potential (live at 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

• Inflation slowed to a 3.1% annual rate in November.

• FED chair Jerome Powell and the FED set the table for rate cuts in 2024 and beyond. 

• FTX claims that the Internal Revenue Service (IRS) request for $24 billion in unpaid taxes is hindering the timely recovery of user funds.

• In 2023, Binance witnessed a decline in its market share of crypto trading, dropping to 30%--this was due in large part to regulatory scrutiny. 

🌟 Token Spotlight by Hustle

• This Week’s Pick: $BEAM

• Market Cap: ~$1.1B.

• What is BEAM? An Avalanche-powered network focused on gaming brought by Merit Circle DAO. Catered towards gamers and game devs.

• 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. 

🛠️ Nexus Updates Sneak Peek

Below is a sneak of our latest update: “PnL Overview”. This feature allows you to track the performance of all the tokens in your wallet over the past 24 hours.

See you next week!