TL;DR

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

• Web3 gaming news: Onchain Heroes x Abstract, GR1D network x Amazon, Ragnarok: Monster World launch, 77-Bit: new trailer, Wildcard's THOUSANDS TV, Synaxx Technologies raises, Infinigods GOD Vaults, Off the Grid early access, and more.

• Macro news: Dockworkers strike, war leads to interest in safe-haven assets, OpenAI valued at $157B, ECB maintains interest rates, and more.

🎮 Web3 Gaming and Tech

• Onchain Heroes (OCH) announced they’re coming to Abstract, the consumer chain by Igloo Inc.

  • OCH is an idle RPG founded by the led game dev of Wolf Game

  • This is one of the first few games that’s launching on this emerging chain, next to DUPER and Pengpals

• Ragnarok: Monster World, the Clash Royale-like game, officially launched this week

  • The game already accumulated over 100K downloads

• 77-Bit releases a new trailer that includes cinematics and unseen gameplay

  • They are building an in-browser MMORPG that uses a Pixelated theme

  • In response to the trailer, we saw the floor price of the NFTs jump by ~0.06 ETH

• Axie released a new Tamagotchi-like feature, called Axie Pals

  • Users can interact with the Axie in their browser and earn AXP while doing so

• Virtuals Protocol presented WestWorld: the first playable autonomous world on Roblox

  • It’s an AI RPG, where the agents have autonomous behavior, and the user observes a storyline unfold

• The makers of Wildcard announced THOUSANDS TV

  • It will be a Web3-focused and enabled platform, which combines features of Discord stages, streaming, and content creation

  • Wildcard, the flagship title will function as the top-of-funnel game on the platform

• Age of Dino released a Telegram game called “Dino Museum”

  • In the game, players uncover fossils and exhibit them to earn currency and earn ROAR token rewards

• Project W released a new trailer for their Genshin-themed BR

  • The game is co-developed by PlayGround with industry vets from Riots 2XKO

• Synnax Technologies raised $1.55M from Wintermute and TON Ventures

  • They’re building a mini-game on Telegram called SYNQUEST, rewarding players based on answering engaging questions

  • Originally, Synnax was a credit intelligence platform

• Infinigods announced that the GOD Vaults are coming

  • Vaults will be NFTs that can be staked for GOD token rewards

  • Holders will be able to level them up and increase their reward generation

• Seedworld launched its Seed Roots (node) sale

  • The sale featured 20,000 Seed Roots NFTs divided into 30 tiers, each with unique prices and availability.

• Off the Grid’s public early access is now available

  • The game can be played on XBOX, PS5, and PC now

  • OTG’s full launch is planned for later this quarter

• GR1D Network’s digital credit packs become the first online Web3 currency on Amazon

  • In partnership with Amazon GR1D is now featured on the Amazon Gaming page, users can buy the Packs using the product page and redeem them on their platform

  • With credits, users can redeem Web3 game offers from the 100+ titles that partnered with GR1D

🚀 Nexus V1 Alpha Launch

Welcome to edition #46 of the Nexus Power Up Newsletter. The free version of Nexus is now accessible, without logins. Additionally, the mobile version is almost complete…

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

• A major strike by dockworkers along the East Coast of the United States has brought operations to a standstill at ports from Maine to Texas.

  • This is the first major strike by the union representing 45,000 dockworkers since 1977. A prolonged shutdown could have significant economic consequences, leading to higher prices for goods across the country and potential shortages at retailers. 

• The recent attack on Israel by Iran has reignited interest in safe-haven assets and pushed up oil prices. 

  • However, with the ongoing uncertainty surrounding the situation in the Middle East, investors seem to be taking a cautious approach. The key question on investors' minds is whether Iran's attack is a sign of escalating tensions or a one-time retaliation.

• OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies.

• The European Central Bank (ECB) held a policy meeting on Thursday, maintaining interest rates at current levels. 

  • ECB President Christine Lagarde emphasized the need for continued vigilance regarding inflation. This cautious stance might affect how European investors approach crypto investments, especially as uncertainty looms over the Eurozone’s economic recovery.

• U.S. job data released last Friday showed a steady employment rate, with job openings exceeding expectations. 

  • A strong labor market typically bodes well for consumer confidence, which could lead to increased investment in riskier assets like cryptocurrencies. However, analysts warn that any future layoffs could dampen this outlook.

• Following months of pressure from business leaders and economists, the People's Bank of China (PBoC) has implemented a significant stimulus package to combat persistent deflation and boost consumer spending.

🌟Token Spotlight by Hustle

• Coin of the Week: HEART

• Market Cap: ~$63M

• What is Humans AI? It is an AI platform that integrates with human expertise to create a richer understanding of what you’re working on. Humans AI creates personalized tools designed to deliver transparent, equitable, and ethical AI solutions. Recently they announced their tech will be showcased at the NVIDIA AI Summit.

• 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: Piggy Club

• Why CityVerse Tycoon?

  • Promising game, which is slowly coming along (200k downloads)

  • Social casino genre: “Monopoly, but for REAL”

  • PWA-infrastructure play

  • Immediate utility for the NFTs

  • Experienced team that came from iGaming

• Utility

  • Airdrops

  • Multiplier on the points you accumulate

  • In-game coin drops (increasing the rate at which you progress)

• Catalysts

  • Upcoming P2A (est. Q1 ‘25)

  • More creators/KOLs are starting to tweet about the ongoing tournaments

  • New and upcoming features

• Counterpoints

  • More of a mid-term hold, meaning you will have to be patient and have to lock up liquidity for a while

Nexus Tweets

See you next week!