Nov 5, 2021
Bi-Weekly News Recap
News From Our Partners
SubQuery
SubQuery recently announced a partnership with Phala Network to power their new Ethereum-Kusama bridge, enabling an even greater compatibility between the Ethereum and Polkadot ecosystems. The SubQuery Academy also debuted, launching a free 6-week modular course to improve anyone’s development skills.
DeFi Land
After completing its IDO on Solana launchpad Solanium, DeFi Land will be launching on Raydium, an AMM built on Solana with over $2B in TVL. More details should follow soon. Meanwhile, beta testers have been enjoying a Halloween-inspired seasonal theme inside the game.
Aleph Zero
In addition to the Aleph Zero mainnet launch scheduled for November 10th (with exchange listing announcements to follow), the team has been working hard to enable smart contracts on the testnet and close outstanding tickets. Aleph Zero is a high-throughput Layer-1 chain with privacy smart contracts.
Bit.Country
WWVentures is proud to have taken part in Bit.Country’s Kusama Crowdloan Campaign launched on October 25th, alongside Bifrost. Locking $KSM liquidity into the campaign earns contributors rewards in the form of $NEER (Bit.Country’s Kusama governance token with the same utilities as $NUUM).
Boson Protocol
Boson announced a bounty program given their fast growth and increasing hiring needs. 1000 $BOSON tokens will be earned by referrers for every candidate joining the team. Moreover, the team will host its inaugural Boson Forum on November 18th in Portal, its first virtual lifestyle and commerce playground in Decentraland. Register here to attend.
Notable Investment News
Swash
Following Swash’s October 31st mainnet launch, $SWASH tokens are now available to trade on Gate.io and Kucoin. On November 1st, Swash also announced their integration with Uniswap V3 for its NFT-enabled staking program. To be the first to know about upcoming developments, follow Swash’s Telegram channel.
XP.network
XP.Network’s staking program is now live, offering $XPNET stakers a 125% APY and chain-agnostic NFT rewards (an industry first). On October 31st, their cross-chain NFT bridge was deployed onto their mainnet, opening the gates to seamless cross-chain NFT transfers.
DeFi Warrior
DeFi Warrior’s mainnet occurred on October 29th, enabling the Battle Mode and various other functionalities. By EOY 2021, DWERs should expect mobile apps on Android & iOS, as well as brand-new game modes.
WWVentures Announcements
We partnered with GenoPets, a move-to-earn NFT game that rewards you to stay active. More details will be revealed in our official announcement article, ahead of the project’s public sale.
Major Headlines in Crypto
Bitcoin ETF demand could bring ‘2 or 3’ new ones to market
Given Valkyrie’s Bitcoin Strategy ETF ($BTF) launched mid-October on Nasdaq, the company’s CEO suggested the new exchange-traded fund’s popularity could require 2–3 more funds to meet demand, as BITF is already nearing its active contract limit. BITF is the world’s first Bitcoin-based ETF to launch on a traditional stock exchange.
Mastercard to allow US partners to offer crypto loyalty rewards
As 3.8 billion consumers hold loyalty program memberships in the U.S. alone (according to a Colloquy Loyalty Census research), Mastercard made public a partnership with digital asset marketplace Bakkt to offer innovative crypto and loyalty solutions.
Facebook changes its company name to Meta
Facebook appears to be embracing the Metaverse, as its CEO Mark Zuckerberg announced the company will rebranded to Meta, now having a serious interest in getting involved in the development of the metaverse. The metaverse is a concept largely considered the next evolution of the internet, allowing users to interact with each other in virtual worlds with real-world properties.
Follow WWVentures: Twitter | LinkedIn | Contact Us
Subscribe to our Medium posts for partnership news & updates.
DISCLAIMER: Content in this article does not constitute financial advice. Cryptocurrencies are volatile assets. Always do your own research and invest at your own risk.
