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Sfermion's Collider #29

Curated news and updates from the world of web3 and gaming.

Sfermion is an investment firm focused on backing the founders building the metaverse.

Hello 👋

Welcome to the 29th edition of Sfermion’s Collider where we highlight the latest & greatest news in the world of web3 and gaming!

Weekly, we aim to drop a curated list of the most exciting stories & updates that we believe are enabling the emergence of the metaverse.

If you're looking forward to reading this edition of Sfermion’s Collider, please don't forget to subscribe below, share within your network, and follow Sfermion on Twitter to get the latest! Check out our Seam (💰) bio here :)

Web3 Updates

Beijing releases web3 whitepaper (link)

T-Mobile parent, Deutsche Telekom, joins Polygon blockchain as validator (link)

Japan’s largest airline launches NFT marketplace. (link)

Cristiano Ronaldo joins forces with Binance for multi-year exclusive NFT collaboration (link)

Mojito (💰) is powering Mercedes upcoming web3 experience. (link)

CAA partners with Hume’s (💰) AngelBaby, a rapping metaverse rabbit, as a bet on the future of music. (link)

Kellogg’s files for 12 trademarks that may connect to metaverse tech (link)

F1 ticket provider Platinum Group introduces NFT tickets for global racing event. (link)

Sui creator Mysten Labs inks F1 sponsorship deal with Red Bull Racing. (link)

Investment giant BlackRock is offering a metaverse-themed ETF, which includes Meta Platforms, Apple, Nvidia, Netease, and Roblox. (link)

Crypto VC Paradigm expands to AI investing (link)

US Debt Ceiling Deal blocks 30% Bitcoin Mining Tax: Congressman (link)

Ethereum, Bitcoin balances on exchanges edges toward 5-year low (link)

Optimism, Sui set for large token unlocks, worth a combined $650M (link)

Avalanche hits 1 million monthly active users for the first time. (link)

Zora announces their own L2 scaling solution (link)

Circle is launching USDC natively on Arbitrum on June 8th, replacing the bridged version. (link)

Chainalysis acquires real-time crypto data company Transpose. (link)

Ledger now supports ENS Domain addresses (link)

Find Satoshi Labs (💰) (StepN creators) rolls out AI tool that turns selfies into NFTs (link)

Two months post-V3 launch, Solv (💰) has facilitated over $115M in total funds issued, delivering $600K+ in returns to investors. (link)

'Another World' will let you bring your NFT avatars into a 3D metaverse (link)

SuperRare releases $RARE staking alpha news (link)

Layoffs : Binance (up to 20%), Nansen (30%)

Gaming Updates

Nike NFTs will be incorporated into EA Sports games (link)

Helika (💰) becomes the official analytics partner for Gala Games (link)

GameStop Teams Up with the Telos Foundation to grow web3 gaming strategy (link)

Square Enix joins the likes of Ubisoft, AMD and Kongregate as a new member of the Blockchain Game Alliance. (link)

Fenix Games, a Web3 games publisher, has partnered with Immutable (💰) to identify, support, and launch Web3 games for mass market adoption. (link)

reNFT (💰) partners with Pixels to enable NFT rentals (link)

An update on the biggest publishers building NFT games (link)

Aavegotchi maker triples revenue in FY22 (link)

Honkai: Star Rail earned $132.3M in the first month on Mobile (link)

NFT Champion’s Celestia Ultimate is now live on Epic Games Store (link)

Verge | The Witcher is officially one of the most successful game series of all time (link) launches as a new community gaming platform (link)

Research & Interesting Reads

Messari | State of L1s Q1 2023

Compound Crypto | A Crypto Future

Metropolis | Where Artificial Intelligence and Crypto Meet

Messari | Exploring Historical and Current Yields Onchain

Atmos (💰) | The Forge #2 — ExoGP Designer Notes with Richard Ng

Rollups Are L1s (& L2s) a.k.a. How Rollups Actually Actually Actually Work

NFT Drops & Updates

Mercedes Benz Web3 Venture spins up ‘Maschine’ NFTs with FingerprintsDAO, and powered by Mojito (💰) (link)

Highsnobiety and Fabricant (💰) have teamed up to release a digital fashion collection titled 'Not in Paris.' The collection will be limited to 300 Varsity Jackets available June 21 for ~$24. (link)

Bugatti gears up for launch of their ordinals egg collection via a reveal with Asprey Studio. A physical egg will come with the generative art, expected mid-June. (link)

Prada launches new exclusive collection of Floral NFTs (link)

Red Bull launches Doodle Art collection mentored by Burnt Toast on Nifty Gateway. (link)

Funko is releasing Adventure Time NFTs in collaboration with Warner Bros. The NFTs will be available in standard and premium packs, starting at $9.99, going up to $29.99. (link)

Fewocious announces details for long-awaited PFP collection with interesting mechanics (link)

Sotheby’s to auction off more 'Grails' NFTs from 3AC in 'largest ever' sale of its kind (link)

Candy Digital and Getty Images Unveil Second Digital Photograph Collection (link)

Notable Raises

Metazone (💰), the world’s first tokenized app platform for the metaverse, raises $3m led by Sfermion and CMT Digital. (link)

DeGame (💰), GameFi/NFT aggregator, raises another $6.5M led by Folius Ventures, Kenetic Capital and A&T Capital. (link)

Cornos Lab launches $100M investment program supporting Web3 (link)

Crypto wallet-as-a-service provider Magic raises $52M in a strategic funding round led by PayPal Ventures. (link)

Pomerium Pte. Ltd., a leading Web3 gaming studio, raises $20M from an undisclosed investor expand its portfolio of blockchain-based game. (link)

Web3 Payments Firm Transak Raises $20M led by CE Innovation Capital. (link)

Illuvium raises $10M via strategic funding from Framework Ventures (link)

Tabi, BNB NFT marketplace, raises $10M in funding led by Animoca Brands. **(link)

Vark, Tokyo-based virtual live music platform, raises $7.2M from Netease Games and others. (link)

Binance Labs co-leads a $6.6M seed round for Fusionist to further support early-stage web3 gaming innovation. (link)

Burgercities raises $4M to push the development of its web3 gaming ecosystem and metaverse building. (link)

PoPP, a Web3 creator community application, has announced the completion of a $4M led by Foresight Ventures. (link)

LabDAO raises $3.6M co-led by and Village Global to decentralize drug discovery. (link)

M80 raises $3M to build early web3-enabled esports team. (link)

Orbofi AI, a leading generative AI engine for web3, games, apps, media, and online communities, raises $2.8M via private and public token sales. (link)

Sony announces plans to back web3, NFT startups (link)

Mo & Andrew's Curated

BasedAF (💰) | Tim Sweeney's Metaverse Masterplan is Genius, here's why

Metaverse Live Ep. 16 - Metaverse Trends: Why Asia Is in the Lead

Macro Tweets

Web3 Tweets

NFT Tweets

Gaming Tweets

AI Tweets

Random Tweets

💰 = Sfermion Portfolio Company

Curated by @mopat1214 + @AndrewSteinwold

If you enjoyed reading this edition of Sfermion’s Collider, please subscribe below, share within your network, and follow Sfermion on Twitter to get the latest! Check out our Seam (💰) bio here :)

Note: All information in this Newsletter regarding any company or investment is the sole responsibility of the company providing the information. Sfermion, and its affiliates, makes no representation or guarantee to the accuracy or completeness of the information presented. Sfermion is not responsible for any information contained in any links outside our websites and official social accounts.

Sfermion does not offer investment advice/analysis and makes no recommendations on how to act. Information regarding any company or investment in this Newsletter, including any links to information on our website, should not be viewed as an endorsement or recommendation of that company or investment for any purpose whatsoever. Any person receiving this Newsletter is encouraged to consult with their own financial advisor, or relevant personnel, before making any investment decision.