🎮 Web3 Gaming and Tech

• Abstract and Blast’em disagreements lead to a public feud on the TL

  • It looks like Blast’em will be launching on a different chain

• SOPHON launched its token last Wednesday

  • SOPH is now trading at a ~$105M market cap and $524M FDV

• The docs for Onchain Heroes S2 are out

• The “#1 on the Kaia Chain”, Elderglade, launched its token this week

  • ELDE is now trading at a ~$12M market cap and ~$58M FDV

• Bad news for crypto gaming this week:

  • Shatterline is shifting its focus from online multiplayer to a single-player experience (a sign of the game failing)

  • NWay’s NWayPlay NFT marketplace is shutting down

    • The makers of Wreck League

  • Hello Monster is shutting down, the makers of Wonder Wars

  • Realms of Alurya is likely shutting down, after not being able to secure new funding

• Hedge Empire, a Ponzi game on Sophon, is launching today

  • The token will launch with a $1 million market cap. On Wednesday, they opened a small public raise to collect $200K

• BONK’s game is being released next week on the 6th of June

• OpenSea “evolved”, completed its Beta, and launched a new reward program 

  • Rewarding past and new activity, expanding beyond XP Crates

• MapleStory Universe breaks $4M+ in NFT volume in only 2 weeks

• Claynosaurz launches the open mint for Popkins Unleashed

  • A 25K NFT collection on SUI

• Loud! or Loudio breaks CT, with its “Initial Attention Offering”

  • Giving the top 1000 users on the Mindshare leaderboard an allocation to the upcoming token presale

🚀 Nexus V1 Launch

Welcome to edition #81 of the Nexus Power Up Newsletter. We’re pleased to announce that on-platform trading is now live for subscribers and holders ahead of the public launch. Trade crypto up to 40x leverage, and stocks and traditional markets up to 100x leverage.

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 U.S. economy contracted by 0.2% in Q1 2025, revised down from earlier estimates, due to trade wars and a surge in imports as businesses stockpiled goods before new tariffs. 

• Major U.S. banks are considering a collaborative stablecoin to streamline payments, potentially allowing broader access to other banks via a consortium model. 

  • This move aligns with growing mainstream crypto adoption, spurred by Trump’s pro-crypto stance. 

• Kraken plans to offer tokenized stocks, such as Apple and Tesla, on its platform, enabling users to trade these assets as cryptocurrencies.

  • This innovation aims to bridge traditional finance and crypto. 

• Bergen County, New Jersey, will digitize 370,000 property deeds worth $240 billion on the Avalanche blockchain, marking the largest U.S. property tokenization project.

  • The initiative aims to enhance efficiency and transparency for nearly a million residents across 70 municipalities.

• Nvidia reported Q1 2025 revenue of $44.1 billion, a 69% year-over-year increase, surpassing expectations of $43.3 billion, with earnings per share at 81 cents against a 73-cent forecast. 

• Elon Musk’s xAI has partnered with Telegram to integrate the AI assistant Grok, enabling users to access its features for answering questions and task assistance. 

  • The collaboration aims to expand Grok’s reach, leveraging Telegram’s 700 million monthly active users to enhance AI accessibility.

• Cantor Fitzgerald’s new Bitcoin-backed lending unit, launched with $2 billion in capacity, has completed its initial deals, offering loans to institutional clients using Bitcoin as collateral.

  • The move reflects growing Wall Street adoption of crypto.

• Solana Mobile introduces its second-generation device, the Seeker, designed for Web3 with integrated crypto wallets and dApp access, priced at $599 with preorders open.

  • The phone aims to enhance user engagement in the Solana ecosystem.

• MetaMask now supports Solana through its Snaps feature, allowing users to manage SOL and Solana-based tokens within the MetaMask wallet.

  • This integration bridges Ethereum and Solana ecosystems, simplifying cross-chain interactions for users.

• Sonar, an ICO platform backed by crypto influencer Cobie, finalized its Plasma (XPL) token sale, raising $12 million at a $250 million valuation, with participation from venture firms like a16z.

  • The platform aims to revive token sales by offering a launchpad for new projects, leveraging Cobie’s influence in the crypto community.

• Circle, the issuer of USDC, confidentially filed for an IPO on the NYSE on May 27, 2025, following a failed SPAC attempt in 2022, amid a favorable crypto market environment.

  • The filing comes after Circle’s valuation reached $9 billion, with its stablecoin holding a $32 billion market cap as of this month.

🌟Token Spotlight by Hustle

• Coin of the Week: $VIRTUALS

• Market Cap: ~$2.23B

• What is Virtuals Protocol (VP)? VP is the Pump.fun of AI Agents. The “flywheel” is put in place, continues to “fly”, and new agent launches (like SOLACE) are reaching new highs. The question is, how long will the Ponzi last?

• 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!