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Sfermion's Collider #36

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 36th 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

Court hands Grayscale win in long-running suit against SEC (link)

Court sides with Uniswap over class action suit (link)

SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity (link)

SEC brings first NFT enforcement action in case against podcast studio (link)

Treasury, IRS release proposed crypto tax reporting rules (link)

Mastercard, Binance to end crypto-card partnership in September (link)

Twitter Obtains License for Cryptocurrency Payments (link)

Lufthansa Launches NFT-Based Loyalty Program on Polygon (link)

Polygon Labs unveils Chain Development Kit to develop and connect Ethereum Layer 2s (link)

OpenSea introduces ERC-7498 as a new standard for NFT redeemables (link)

Mercado Libre, Circle expand into Chile with USDC (link)

Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs (link)

LimeWire continues Web3 journey with ‘creator studio’ on Polygon (link)

MoonPay launches venture arm to invest in web3 infra, gaming and fintech (link)

AI Updates

Google DeepMind Launches SynthID, a Groundbreaking Watermarking Tool for AI-Generated Images (link)

New York Times, CNN and Australia’s ABC block OpenAI’s GPTBot web crawler from accessing content (link)

Nvidia’s stock closes at record after Google AI partnership (link)

The US Air Force wants $5.8B to build 1,000 AI-driven unmanned combat aircraft (link)

Snapchat is expanding further into generative AI with ‘Dreams’ (link)

Meta launches own AI code-writing tool: Code Llama (link)

OpenAI names Scale AI ‘preferred partner’ to fine-tune GPT-3.5 (link)

Figma introduces Jambot, an AI assistant widget for its whiteboard platform, FigJam (link)

Animoca’s Ed-tech Subsidiary Rolls Out AI Tools for Educators (link)

Gaming Updates

Marques Brownlee and BasedAF (💰) Team Up for Studio Build in Fortnite (link)

The Pokémon Company made $11.6B from licensed products in 2022 (link)

Epic's First Run offers 100% revenue share to game devs in exchange for exclusivity (link)

EA Sports FC Explores Uncharted Territory: NFTs and Web 3 Integration (link)

NFL Rivals Game Now Lets You Buy NFTs on iOS and Android (link)

Cradles (💰), available on Steam, is a time-traveling MMO that is set to launch an open beta phase on September 10th (link)

Immutable (💰) and Meta X Studios Form Partnership (link)

Walmart launches new digital and metaverse offerings (link)

Walt Disney Pictures VFX workers file for unionization (link)

Cocone, a Japanese immersive entertainment studio, enters U.S. gaming and entertainment market with avatars and digital fashion (link)

Grand Theft Auto 6: Everything You Need to Know (link)

Retro Gaming Console Atari 2600 Is Making a Comeback (link)

Research & Interesting Reads

Pantera Capital | A Positive Black Swan

Andrew Chen (a16z Gaming) | Creator Economy 2.0: What we’ve learned, why it’s hard, and what’s next

Konvoy | Copyright Law and GenAI Content

Ben Roy | Ethereum is a Game Environment

Bankless | Your Brain on Crypto

StoryCo | The "Storyline" from StoryCo - Issue 004

Binance Research | Ethereum’s Rollups are Centralized. A Look Into Decentralized Sequencers

GameDev Reports | InvestGame: The gaming investment market in H1 2023

Naavik | Zynga Dives into Web3 with Sugartown

Blockchain Gamer | Top 10 most anticipated blockchain games

NFT Drops & Updates

IZUMO (💰) | SAI #5 Free Mint Claim is available until September 6th, 8am PST. Don't miss your chance to win his autographed physical art! (link)

IZUMO (💰) | SAI #4 Free Mint Claim is available until August 31st, 8am PST. Don’t miss your chance to win 1 of 3 limited-edition autographed physical pieces! (link)

Cryptoys and Disney partner to launch digital toys called “Mickey and Friends” priced at $39.99. The 15-piece collections features different "skin designs" and levels of rarity. (link)

Maui Strong: Hawaii Artist Teams Up With Decrypt for NFT Fundraiser (link)

Digital friends platform Fini & Base team up for final on-chain summer mint (link)

Introducing Igloo, a brand by Pudgy Penguins (link)

Bright Moments | Introducing the CryptoPatagonians of Crypto Citizens. Buenos Aires, Argentina. November 2-5, 2023 (link)

Karim Rashid, Beeple, and more artists collaborate to create the world’s most beautiful digital analog clock. Available for purchase now and while supply lasts. (link)

Notable Raises

Hugging Face Receives $235M Investment Raising Value To $4.5B (link)

Modular secures $100M to build tools to optimize and create AI models (link)

Vessel Capital emerges from stealth with $55M fund focused on web3 infrastructure and apps (link) Secures $6.5M Seed Funding to Ensure Software Engineers Never Need to Test Again (link)

Interactive drama developer Scriptic has raised a total $6.2M in additional seed funding, including an investment from Sony Innovation Fund. (link)

Web3 marketing firm DeForm raises $4.6M in seed funding (link) raises $4.2M to scale its AI-powered creative tool for artists (link)

FirstMate, a startup aiming to equip NFT creators with digital storefronts, raises $3.75M in Dragonfly-led round (link)

Stroom Network Raises $3.5M to Launch Bitcoin 'Liquid Staking' on Lightning (link)

NPCx raises $3M for better game character mocap (link)

Tako Protocol, a startup building an open social recommendation layer for web3 social, raises $2M pre-seed from UOB Ventures and others (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.

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