Undersea Arcade
Blubber Notes #72
Dear Future Whales,
In today's note, I'll be sharing updates on web3 gaming, inspired by the recent Web3 Academy newsletter where Kyle Reidhead highlighted his top 8 projects. I'll also provide my perspective on top titles, with a particular focus on the previously discussed Futureverse ecosystem. Additionally, there's an article published on the use case of SegMints in supporting NFT memberships. Let's dive right in!
Summary:
A great gaming update from Web3 Academy
Waves of Futureverse Alpha: Quest 5 is here
SegMint Article - NFT Use Cases: Memberships
🎮 Web3 Academy Gaming Update
In the latest Web3 Academy newsletter, Kyle Reidhead explores the bright future of web3 gaming during the bull market. He highlights improved infrastructure, making web3 gaming more accessible, and potential for high valuations, citing Axie Infinity's $25 billion market cap.
Kyle spotlights 8 web3 games worth paying attention to:
Illuvium (Immutable): A sci-fi NFT gaming ecosystem with cross-game rewards, integrated into the Epic Games Store.
Shrapnel (Avalanche): An FPS game set to launch on Epic Games Store.
Echelon Prime (Ethereum and Base): Known for Parallel TCG, a free trading card game akin to popular titles.
Star Atlas (Solana): A grand strategy game on Solana with in-game tokens $ATLAS and $POLIS, supported by Solana's growing ecosystem.
Skyweaver by Horizon (Polygon): A digital trading card game backed by gaming giants Ubisoft and Take-Two.
Honorable mentions:
Ronin Network: The Axie Infinity-supporting blockchain, expanding with over 500k monthly users and new studio partnerships.
SIDUS: A blockchain-AI game/metaverse project gaining attention after a notable token burn.
Treasure DAO (on Arbitrum): An ecosystem uniting games and players via the $MAGIC token on Arbitrum.
Read the full note here.
🌊Waves of Futureverse Alpha:
If you're looking for my perspective on the top web3 gaming titles on the horizon, they're probably associated with the Futureverse ecosystem. Here's a glimpse of some FV-related Alpha:
Muhammad Ali - The Next Legends: There are indications that we should prepare to open your "Pro Bags." The expectation is that these items might offer in-game advantages.
ASM's Raicers Alpha: I mentioned this upcoming title last week, but there's more to discover! If you possess an Altered State Machine Genesis Brain or an ATEM Car Club membership card, you have the opportunity to claim one kart for free per asset you hold!
Party Bear News! It seems that the fun-loving Party Bears are set to lead the fashion charge at FV by enabling owners to exchange clothing items and more among their Party Bears. Stay tuned for additional details!
Quest 5 starts today - Quest 5 might be related to the two recently unveiled DEXs on the ROOT network, which were announced just last night.
👯SegMint Article - NFT Use Cases: Memberships
Last week, SegMint drafted a note supporting the VanEck NFT collection’s use-case of Memberships. Check it out!
Background on the VanEck NFT Collection
A Priceless Utility
A Game-changing Community Growth Hack
Photo from NYSE event September 2022
Authored by Matt Bartlett, CAIA. Follow Matt on x.com @MattBartlettVE
NOT INVESTMENT ADVICE
Please note the author has invested in all NFT projects and Cryptocurrencies mentioned within this article. The Author own assets created by the Futureverse team and ecosystem.
Please note that SegMint may offer investments products that invest in the asset class(es) or industries included herein.
The information herein represents the opinion of the author(s), but not necessariy those of SegMint, and these opinions may change at any time and from time to time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.
This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities/financial instruments mentioned herein. The information herein represents the opinion of the author(s), but not necessarily those of SegMint, and these opinions may change at any time. Non-SegMint proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Historical performance is not indicative of future results. Current data may differ from data quoted. Any graphs shown herein are for illustrative purposes only.
In consideration of the receipt of non-fungible tokens (“NFTs”) from SegMint, you represent, acknowledge, accept and agree that: you received the NFTs as a gift from SegMint. You did not pay any consideration, monetary or otherwise, for the NFTs.
The NFTs are not an investment. Rather, the NFTs are digital memorabilia intended solely for entertainment purposes. As entertainment memorabilia given to you as a gift, the NFTs have no value and are not intended by SegMint to ever have any value. Neither SegMint nor anyone else will take or not take any current or future action that is designed in any way to maintain the value of the NFTs, or to cause their value to grow or increase. You must not attempt to obtain an NFT from SegMint if you view it as an investment.
As a condition of receiving the NFTs, you shall hold the NFTs for your own personal benefit, and you shall not act, and are not acting, on behalf of any other person or entity; except that, if you are an affiliate of an entity or person whose relationship or affiliation you have made SegMint aware of prior to your receiving the NFT, and SegMint consents to your receiving an NFT, you may receive an NFT. You shall not sell, assign, alienate, lease, lend, fractionalize, re-gift, convey or transfer in any way the NFTs (or any interest therein) to any other person or entity, even an affiliate. Any sale, transfer, assignment, or other action covered in the preceding sentence shall be void. You must not attempt to obtain an NFT from SegMint if you plan to sell or transfer it. The above content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this email constitutes a solicitation, recommendation, endorsement, or offer by the Author or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange fiat currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear. Cryptocurrencies are not covered by either FDIC or SIPC insurance. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency.
Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.
Investors should conduct extensive research into the legitimacy of each individual cryptocurrency, including its platform, before investing. The features, functions, characteristics, operation, use and other properties of the specific cryptocurrency may be complex, technical, or difficult to understand or evaluate. The cryptocurrency may be vulnerable to attacks on the security, integrity or operation, including attacks using computing power sufficient to overwhelm the normal operation of the cryptocurrency’s blockchain or other underlying technology. Some cryptocurrency transactions will be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that a transaction may have been initiated.
· Investors must have the financial ability, sophistication and willingness to bear the risks of an investment and a potential total loss of their entire investment in cryptocurrency.
· An investment in cryptocurrency is not suitable or desirable for all investors.
· Cryptocurrency has limited operating history or performance.
· Fees and expenses associated with a cryptocurrency investment may be substantial.
There may be risks posed by the lack of regulation for cryptocurrencies and any future regulatory developments could affect the viability and expansion of the use of cryptocurrencies. Investors should conduct extensive research before investing in cryptocurrencies.