🎮 Web3 Gaming and Tech

• Fableborne announced they raised a total of $12.4M this week

  • The round was led by Delphi Digital, with participation from Spartan Capital, SkyMavis, L1D, and others

  • Furthermore, Fableborne will be releasing its new Kingdom NFT soon

• NRN (formerly ARC Agents) is coming to the Ronin Network

  • “Starting Q1 2025, NRN Agents will bring AI battles, adaptive gameplay, and real-time player-driven economies to Ronin's ecosystem.”

• The Valhalla Foundation launched its GOD token on Hyperliquid last week

  • GOD opened at around $120M and is now trading at ~$58M FDV

  • Additionally, they launched their whitepaper the previous week, which showed there will be a GOD chain

• Onchain Heroes Genesis mint will be happening soon

• Proof of Play (the makers of Pirate Nation) officially announced they’re opening up their infra to other developers

• The top gaming tokens have been underperforming this year

• B3 introduced the Player1 Foundation, indicating their token is coming

  • Last year B3 (NPC Labs) raised $18M to build onchain gaming infrastructure on Base

• Uprising and Somnia Blockchain partnered to establish a 6-month gaming accelerator

  • Dream Catalyst is backed by a $10M fund from Somnia

• Abstract officially launched this Monday, however, its launch seemed underwhelming

  • Despite offering a great UX, the app lacks great apps at the moment making it worth the experience

  • The underwhelming experience + Pudgy speculation FUD around having a lack of exposure to the Abstract token led to an aggressive sell-off of the NFTs

• Gigaverse introduced its upcoming ROM Factory NFT collection

  • Initial benefits include skipping the waitlist, energy boosts, resources, and future exposure to Gigaverse

• Youmio announced they partnered with Virtuals to bring their agents to life in 3D Worlds

  • Here’s a showcase of what the platform will look like

• FCHAIN (the Faraway ecosystem) launched its RIFT token two days ago, peaking at around $300M FDV

  • However, an aggressive sell-off took place, where the token is now only at a $26M FDV

• Midnight Society (12am) the studio behind Deadrop officially shut down after 3+ years of development

  • The game was 85% done and near to completion, however, the team couldn’t raise the extra funds necessary

  • In 2024 Midnight Society and Dr. Disrespect had to part ways

🚀 Nexus V1 Launch

Welcome to edition #63 of the Nexus Power Up Newsletter. We are very excited to release the [REDACTED] feature soon that will change the way how you will interact with Nexus. That’s all I am allowed to say right now…

From now on you can pay for your Nexus subscription in SUPER.

You can try the free features (game database, crypto market overview, and token and NFT charts) of the platform without having to log in 👇

You can also get access through:

• Getting a Nexus Pass NFT now for exclusive lifetime access

Don't miss out—follow our journey on Hustle's Twitter, YouTube channels, and Nexus Twitter.

📈Macro Cryptocurrency News

• The sudden surge in popularity of DeepSeek, a powerful AI chatbot developed by a Chinese tech startup, has sent shockwaves through global financial markets, particularly impacting U.S. tech stocks.

  • DeepSeek's rapid ascent, including topping Apple's App Store charts, has ignited concerns among U.S. tech leaders and highlighted the growing competitive landscape in AI development.

• President Trump has indicated that Microsoft is discussing acquiring TikTok and expressed his hope for a bidding war over the app. 

  • When asked about Microsoft's potential talks to purchase TikTok, the U.S. president replied, "I would say yes," adding, "There’s a lot of interest in TikTok. 

• Metaplanet, a Japanese firm, plans to raise approximately $745 million to fund the purchase of 21,000 Bitcoin by 2026. 

  • This ambitious strategy, modeled after MicroStrategy's approach, aims to position Metaplanet as a leader in Japan's Bitcoin resurgence.

• Jupiter, the leading Solana-based DEX aggregator, made a series of major announcements at its inaugural 'Catstanbul 2025' event, including reducing supply by burning 3 billion JUP tokens.

  • Also, 50% of Jupiter's trading fees will be used to buy back JUP tokens from the market, further supporting price appreciation.

• Eric Trump has reportedly stated that projects like XRP and HBAR based in the U.S. could eventually benefit from a zero capital gains tax, while projects based outside the U.S. might face a tax rate of around 30%.

• The AI agent platform Virtuals Protocol has revealed plans to expand into the Solana ecosystem. 

  • Already operating on Base, Virtuals noted that their expansion to Solana aligns with its mission to foster innovation across multiple ecosystems.

• The Bank of Japan raised interest rates to their highest level since the 2008 global financial crisis and adjusted its inflation forecasts upward, reflecting confidence that rising wages will help maintain inflation around its 2%. 

• Scott Bessent, billionaire hedge fund manager and a longtime advocate of Donald Trump’s economic policies, has been officially confirmed as the U.S. Treasury Secretary. 

🌟Token Spotlight by Hustle

• Coin of the Week: MANTRA (OM)

• Market Cap: ~$5.41B

• What is Mantra? Mantra is “The Layer 1 Blockchain for RWAs”, capable of adhering to real regulatory requirements.

• 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 Tweets

See you next week!