Week of Oct 31, 2022
Highest NFT Sale of the Week
Fidenza #783
300 ETH ($ 468K)
Overview of Fundraisings of the Week
Evmos Closes $27M Token Sale to Accelerate Development of the Cross-Ecosystem dApp Platform
Beosin, a leading blockchain security firm, announces $20M Series A strategic financing
WalletConnect Raises $12.5 Million Ecosystem Round to Build Out a Web3 Communications Network
Braavos, a Tel Aviv, Israel-based self-custodial smart contract-based wallet running on top of StarkNet, closed a US$10m round of financing
Courtyard Raises $7M in Seed Funding To Redefine Physical Collectibles Ownership Through NFTs
Texture Raises $5M in Funding for the Development of Solana-Based Yield Management Tools
Zebra Labs raises $5M to help Chinese celebrities enter the metaverse
NiftyApes Raises $4.2M in Seed Round Backed by Coinbase Ventures, Polygon and OpenSea CTO Nadav Hollander
Centrifuge Brings on Key Strategic Partners With Latest Funding Round
DeFi
Weekly TVL
Gross: ⬇️$54.06B
Top 3 Apps: MakerDAO ⬇️($7.99B), Lido ⬆️($7.55B), AAVE ⬇️($5.36B)
Top 3 Chains: ETH ⬇️($31.56B), BSC ⬆️($6.15B), TRON ⬇️($5.21B)
Top 7D Change 📈: Dex on canto blockchain — Canto Dex (+35.41%, $110.16m)
DeFi News
[PancakeSwap Live on Aptos] PancakeSwap has enabled trading for a few USDC pairs on Aptos and will launch incentivized farms soon.
[Aera on Polygon] Treasury management protocol Aera has announced the launch of treasury optimizing vaults for DAOs on Polygon. Aera aims to enable projects to manage their token reserves in a more efficient manner.
[Boba BNB L2] Multichain L2 network Boba integrated with BnB Chain and launched BobaBNB L2. A bunch of defi projects including Sushiswap will be deployed on BobaBNB soon.
NFT
7D SALES: $169,685,668.18 (58.12%)
7D NUMBER OF BUYERS: 174,815 (-7.89%)
7D NUMBER OF SALES: 803,685 (-11.81%)
NFT News
Nov. 1, GameStop’s NFT marketplace is live on ImmutableX.
Nov. 1, Find Satoshi Lab launches the world’s first membership model multi-chain NFT marketplace MOOAR.
Nov. 2, MetaMask partners with NFTBank to launch its new NFT portfolio tool.
Nov. 3, Instagram to allow groups of U.S. creators to mint and sell Polygon NFTs.
Nov. 3, Build Your Realm, the Game of Thrones NFT collection, is launching on Nifty’s.
Nov. 4, ASICS partners with Solana and STEPN to launch custom physical shoe.
GameFi & Metaverse
[PlayMining Web3 entertainment platform launches 4th GameFi title: Graffiti Racer] Web3 entertainment company PlayMining has announced the launch of Graffiti Racer, a new NFT game on the PlayMining gaming platform. Graffiti Racer joins a catalog of a total of four Play-to-Earn PlayMining GameFi games that allow players to earn DEAPcoin tokens which can be spent on the PlayMining NFT marketplace.
[Sportofi: the next-gen GameFi innovated predict-to-earn trends] Sportofi, a modern Web3 project built entirely 100% decentralized, is the next level of sport GameFi, completely outstanding in the play-to-earn “universe”. Sportofi is a GameFi genre that predicts results through action, ushering in a new Predict-To-Earn trend. The novelty and familiarity of the game’s variety of sports will overwhelm players in the world of Sportofi.
[Game Space establishes GameFi Future Fund with an initial $10 million to support GameFi 3.0] Game Space announced the establishment of the GameFi Future Fund with a focus on the next generation of GameFi 3.0. The Foundation will be used to invest and incubate GameFi and NFT, PFP, and DID projects, aiming to help quality projects flourish in terms of infrastructure, marketing, operations, and trading.
[RealFevr raises €10M to build Web3 GameFi sports ecosystem] The Web3 Portuguese startup is boosting the Sports GameFi & NFT space through product and market innovation, including solving the speculative and utility issues in the digital collectibles industry. RealFevr has released its token, launched the first soccer video NFT marketplace, closed partnerships with organizations such as Liga Portugal, Portuguese Football Federation, Torino FC, and Beach Soccer Worldwide, and signed multiple world-class athletes.
[Dogeliens combines Shiba and Genopets’ GameFi] The Dogeliens project will combine the different features into its ecosystem. It will prove to be the central ecosystem for all crypto-based utilities. Dogeliens users will enjoy the features of a meme coin project in addition to that of a GameFi platform. Dogeliens mimics dogs’ loyalty to humans by being a community-driven project for cosmic adventures.
[Seedify partners with Chainlink Labs to fuel the growth of GameFi and NFTs] Seedify, a blockchain gaming and metaverse incubator and launchpad, has announced a new partnership with Chainlink Labs to support its ecosystems with time-tested Chainlink oracle services and fuel the growth of NFTs and GameFi. Chainlink has integrated with more than 1,500 projects so far. Seedify metaverse and NFT projects will be able to use Chainlink oracles.
[Open Metaverse Alliance OMA3 launches to develop standards for an interoperable digital world] The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies to create standards for an interconnected metaverse. The organization, formed by Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and user ownership-oriented open metaverse.
[VRJam launches a Web3 venue for virtual concerts and live events] VRJam is launching its digital venue for virtual concerts and live events. It bills itself as a Web3 metaverse entertainment platform, and it’s part of a wave of such things coming our way. After five years of development, VRJam stated anyone can now access the platform by going to its website to transport themselves into virtual worlds.
DAO
[Crypto giant SBF facing FUD with Alameda’s balance sheet] As the owner of FTX and Alameda Research, SBF has been questioned if he is still sitting on a solid empire. Alameda’s balance sheet is amounted to $14.6B, and the majority of their net equity is $FTT. Caroline, The CEO of Alameda, came out three days later to clarify that the revealed balance sheet is merely a subset and there are over $10B of asset aren’t reflected yet. Following day another crypto giant, CZ announced that Binance will liquidate all $FTT on their book to eliminate potential market threats, it has caused a very short period f 10% turmoil of $FTT.
[ex- Nova Labs CPO joining Helium Foundation as CEO ] The unicorn crypto startup Helium was facing some corruption within executives, suggested by a journal published on Forbes. This week, Abhay Kumar announced to take over the role of CEO at Helium Foundation, he plans to focus on open sourced& audited protocol level product and drive aggressively to grow the foundation and community.
[dYdX announced structure for dYdXDAO] dYdX Dao currently consist of two subdaos, dYdX Grants Program and Operational subDAO. The community will set up new subDAOs for specific function in the future as it see fit.
[Digital Japan announced to form a DAO] Digital Japen is a recently formed government institution, the purpose for setting up DAO is to closely examine if DAO represents as legal entity.
[Sefedao initiative to enabling transferability for $SAFE starts vote on snapshot] The initiatives argue that by enable transferability it will open opportunities to more people to participate governance.
Regulation & Adoption
- Oct 31 (🇸🇬) Singapore´s regulator urges local crypto exchanges to comply with sanctions against Russia.
- Oct 31 (🇷🇺) Binance allows servicing Russians outside the EU. Bybit refuses imposing sanctions against Russian users.
- Nov 2 (🇺🇸) Instagram will soon allow mining and selling NFTs on its app.
- Nov 3(🇨🇳) China holds, after seizing it, 194,775 Bitcoins more than MicroStrategy. In addition the government also seized 8333 ETH among other cryptos such as LTC, BCH, XRP etc.
Macro
- EU Inflation soars to record 10.7%
- FED Raises interest rates by 75 bps, bringing federal funds rate between 3.75% and 4%.
- Bank of England adopts a less hawkish tone, raising interest to 3% (75bps increment). GBP sinks.
Follow us on Twitter:
