🎮 Web3 Gaming and Tech

• Wildcard released its WC token and the Wildpaper

  • Surprisingly, the WC token will be 100% community-owned (except for 10% seeding liquidity)

  • It’s an interesting model, however, whether it will work in practice is another question

• Battlebound announced the studio is shutting down and pausing the development of Anterris

  • A couple of years ago, the studio released Evaverse, a hoverboard racing game

• Moonfrost announced a partnership with Open Loot (Big Time’s platform)

  • They choose the platform because of the available support and proven success of some of the titles

• Rumble Kong League launched its FAME token

  • With only a ~$750K market cap, the launch was very underwhelming

• Space Nation launched its OIK token this week, now trading at a ~$90M FDV

• RavenQuest is officially launching its game today, one of the most-polished MMORPGs in crypto gaming

• Auto Legends raised $1M from Coinbase’s ecosystem fund

  • The studio is building a mobile drag-racing game

• The WolvesDAO launched its WOOF token by surprise last week

  • The token reached a market cap at launch of over $20 million but is now trading at approximately $2.8 million.

• My Pet Hooligan will be building its Studio Chain on Arbitrum

  • Recently, it was also announced that MPH will launch on XBOX

• FIFA Rivals will launch this Summer

  • An arcade-like football game developed by Mythical Games, the developers of NFL Rivals

• M10 announced they raised $3M+ in a round led by the Sui Foundation

• Goombles is discontinuing active development of their mobile game

• Immortal Rising will launch its IMT token soon

🚀 Nexus V1 Launch

Welcome to edition #70 of the Nexus Power Up Newsletter. We continue to build in this "bear market." The highly anticipated HL integration is taking longer than expected, but it's better to deliver a complete product than to do things poorly.

You can now download the Nexus app on the app store:

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

• U.S. Nonfarm Payrolls (NFP) Report showed U.S. job growth for February at 275,000 jobs added, exceeding expectations of around 200,000.

  • This strong jobs data tempered expectations for near-term Federal Reserve rate cuts, contributing to market volatility.

  • Followed by a solid CPI print on Wednesday. The Index eased to an annual rate of 2.8% in February, down from 3% in January. 

    • This figure fell short of the market’s anticipated 2.9%. Meanwhile, core CPI, which excludes fluctuating food and energy prices, grew by 3.1% year-over-year, down from 3.3% in January and below the expected 3.2%. 

• The Trump administration imposed 25% tariffs on all steel and aluminum imports after the U.S. and Canada retracted additional threats on Tuesday.

  • On Wednesday, the EU announced retaliatory tariffs on U.S. products like bourbon, boats, and motorcycles, effective early April, with a second round in mid-April after consultations. 

• The Cayman Islands, known for its crypto-friendly regulations, now mandates that companies offering custody and trading services obtain a license, which could impact the numerous crypto firms operating there.

• U.S. Senator Cynthia Lummis introduced the BITCOIN Act in the U.S. Senate to establish a U.S. Strategic Bitcoin Reserve. 

  • Lummis stated, “I’m proud to reintroduce this landmark legislation, codifying President Trump’s vision to strengthen America’s economic foundation with Bitcoin, ensuring our financial leadership and addressing national debt through digital innovation for future prosperity.”

• Coinbase (COIN), a Nasdaq-listed cryptocurrency exchange, has moved closer to re-entering the Indian market after registering with the Financial Intelligence Unit (FIU). 

  • Previously active in India, Coinbase withdrew due to regulatory challenges several years ago.

• MicroStrategy announced it has signed a sales agreement allowing the company to issue and sell up to $21.0 billion worth of its 8.00% Series A perpetual strike preferred stock, with a par value of $0.001 per share, under an at-the-market (ATM) program.

  • Holders of this preferred stock can convert their shares into Strategy’s Class A common stock.

• According to Bloomberg, cryptocurrency exchange and custodian Gemini, founded by billionaires Cameron and Tyler Winklevoss, has confidentially filed for an initial public offering (IPO). 

  • The company is collaborating with Goldman Sachs and Citigroup, though the report notes that a final decision on the listing has not yet been made.

• Cryptocurrency exchange Kraken is planning an initial public offering (IPO) as early as Q1 2026, capitalizing on the seemingly more favorable regulatory environment under President Donald Trump.

🌟Token Spotlight by Hustle

• Coin of the Week: $ATH

• Market Cap: ~$238M

• What is Aethir? Aethir is one of the largest DePIN (cloud compute) infrastructure companies in crypto with $105M in ARR. Recently, the token got listed on Coinbase.

• 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!