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Sfermion's Collider #33

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 33rd 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

PayPal Launches Stablecoin Tied to the US Dollar, Issued on Ethereum (link)

Coinbase's Base Mainnet Officially Opens to the General Public (link)

Microsoft Partners with Aptos Blockchain to Marry AI and Web3 (link)

Circle Launches Programmable Wallets Beta (link)

Doodles and Crocs Form Partnership (link)

DeBank Announces DeBank Chain (L2 Powered by OP-Stack), Aiming to Become the Asset Layer for Social (link)

Sam Bankman-Fried is being sent to jail after a judge revoked his bail over alleged witness tampering (link)

Visa tests ways for users to pay on-chain gas fees directly in fiat with a credit or debit card (link)

OpenSea Integrates Base Network (link)

Federal Reserve to expand oversight of crypto-related activities at banks (link)

Curve Finance Exploiter Returns $8.5M in Stolen Funds (link)

Popular NFT Collection, y00ts, Migrates Back to Ethereum from Polygon (link)

NFT Context Platform, Soho (💰), Expands Social Features with Badging System Launch (link)

Reddit Community Tokens Moons After Kraken Listing (link)

MPCVault’s crypto wallet for businesses hits $500M AUM in 7 months (link)

AI Updates

Apple’s Tim Cook States $22.6B YTD Spend on Generative AI Research (link)

Nvidia announces new "superchip" and collab with Hugging Face (link)

Google launches Project IDX, a new AI-enabled browser-based development environment (link)

Google And Universal Music Group Negotiating AI-Generated Music Tools (link)

Disney Creates Task Force to Explore AI and Cut Costs (link)

Gaming Updates

Roblox’s Q2 results revealed that average DAU were 65.5M, up 25% year-over-year and average monthly unique payers were 13.5M, up +19% YoY (link)

Netflix has released a ‘game controller app’ for the iOS App Store (link)

UFC President Dana White Joins Mark Zuckerberg’s $500B Venture To Provide “Immersive” Experience for MMA Fans (link)

Pixel Vault Acquires Wolf Game (link)

ParallelTCG is Launching Starter Packs Filled with NFTs on Base (link)

Everseed (💰) Highlights Closed Alpha v2.0 Updates (link)

Shrapnel (💰), AAA Shooter, partners with Sakaba for in-game loyalty for web3 games (link)

Decentraland Is Using AI to Make the Metaverse Feel More Alive (link)

Genies Introduces AI Avatars for Celebrities and Launches Avatar Social Network (link)

Roblox Is Tapping AI to Generate 'More Rich and Dynamic' Games: CEO (link)

WAGMI Games Unveils All-Star Team to Transform Web3 Gaming (link)

WAGMI Games and Gadget Bot Partner to Create AAA Artwork for Upcoming Founder Pack Drop (link)

Research & Interesting Reads

Alchemy | Web3 Development Report (Q2 2023)

Konvoy | Forever Apps

Naavik | Unity’s Bet on AI

thecoreloop | Super Apps Part II: The Gaming Revolution - Redefining Interactive Entertainment

WASD | The Ultimate Guide to the MUD Ecosystem

Chris Ahn | Economies of Scale

NFT Drops & Updates

Leonardo Da Vinci’s Salvator Mundi (Last Auctioned for $450M) Will be Sold Officially as NFTs Via Elmonx Marketplace (link)

Reebok and VeeFriends Step Up with a Joint Sneaker Collection (link)

FingerprintsDAO and Larva Labs Unveil “Voxelgyph”, an NFT Representing DAO Membership (link)

Pudgy Penguins Releases 150 Edition “Left-facing” Physical Collectibles With an ERC721 Claimable (link)

Jack Butcher and Pudgy Penguins Tease a New NFT Collection (link)

Jack Butcher Launches “Infinity Checks” Collection, Early Contract Issues Leads to Stolen Funds (link)

DeGods Welcomes Holders to Season 3 (link)

Elvis Presley Dances Into the Metaverse via 'The Sandbox' - Some 3,000 Elvis Presley NFT avatars and unique emotes will launch in-game on Ethereum (link)

McFarlane Toys Collabs with Rarible for Their New Batman NFT Collection (link)

Notable Raises

Xverse (💰), the leading Bitcoin Web3 wallet supporting Ordinals and BRC-20 inscriptions, Raises $5M in Seed Funding Round Led by Jump Crypto, with participation from participation from RockawayX, Sfermion, Alliance, NGC Ventures, and others (link)

Elon Musk-Backed Neuralink Raises $280M led by Founder Fund (link)

L1 Digital Raises $152M for Second Crypto VC Fund (link)

GoStudent raises another $95M to go after VR and AI-enhanced tutoring (link)

Illuminati Capital raises $50M for Web3 investments including games (link)

Futureverse's Co-Founders Start $50M Venture Fund - The Born Ready venture studio will invest in early-stage Web3 and metaverse projects (link)

Futureverse and Outlier Ventures launch Base Camp Accelerator for metaverse startups (link)

Mahjong Meta raises $12M Led by Dragonfly. Mahjong Meta is a Web3 gaming platform on Ethereum, offering a rewarding and innovative gameplay experience for Mahjong enthusiasts (link)

Blockchange Ventures leads $8.2M seed round for web3 security startup (link)

Cantina has raised a $7M round, led by Framework, to launch a web3 security marketplace (link)

Puffer Finance Raises $5.5M Seed Funding to Strengthen Ethereum Decentralization & Scalability (link)

1kx leads $5M seed round for generative art NFT platform fxhash (link)

Web3 ad firm HypeLab raises $4M in round led by Shima Capital and Makers Fund (link)

Monetizr raises $4M to replace intrusive game ads with engaging brand experiences - Change Ventures led the round (link)

Windup Minds raises $1.6M to build virtual pets in VR and MR (link)

Zibra AI, which specialises in AI-generated 3D assets for games and virtual environments, raises $500K from a16z Speedrun (link)

Mo & Andrew's Curated






💰 = 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.