Picture a pretty typical dude, we’ll call him Mark, who likes playing fantasy sports. He witnessed the frenzy that was DraftKings’ Reignmakers NFTs – digital player cards that offered holders exclusive access to contests and chances of real-world value. He spent a few hundred dollars, perhaps even a thousand, on...
Filecoin is rapidly emerging as one of the top altcoins, and for good reason, attracting attention with its innovative approach to decentralized cloud storage. Filecoin allows anyone to rent out their unused data capacity. This groundbreaking innovation transforms underutilized storage space into a new revenue generating opportunity. Industry specialists testified...
LOL Land. Sounds whimsical, right? A browser-based, fun-first board game that promised YGG tokens and NFTs, on the equally enticing theme of “fun-first” web3 experiences. Yield Guild Games (YGG) is betting big on the metaverse. They try to hook the more casual users by designing for quick gameplay sessions and...
Behind LOL Land, web3 leaders are hungry to innovate and inspire. It’s taking familiar board game mechanics to a new level and in different directions for a new class of gamer. It embraces a “fun-first” design philosophy. With thoughtful design like this, we hope that anyone can have a fun...
LOL Land, a new browser-based board game, was made with casual web3 users in mind. It claims to be launching on Abstract Chain, a more consumer-friendly Layer 2 solution. The game takes the classic board game experience and flips it on its head with web3-native mechanics. Like many gaming guilds,...
Let's cut the chase.LOL Land.Yield Guild Games' (YGG) new offering.Browser-based, board game-inspired, and splashed with a healthy dollop of Pudgy Penguins.Forty thousand pre-registrations.Sounds like a party, right?Yet is it really a Web3 revolution, or just another shiny object leading us off course from creating infrastructure and utility that counts.More importantly,...
ABCDE's decision to halt new investments and scrap fundraising for a second fund isn't just another headline. It’s a blaring klaxon for anyone still clinging to the illusion that Web3 is a gold rush built on solid ground. $400 million, frozen. That’s too much money to just up and decide...
The Web3 landscape is an ever-changing space. Recent news from ABCDE, a $400 million Web3 infrastructure investment fund, has created waves across the industry. The fund has suspended making new investments and stopped its second fund’s fundraising process. This important decision will likely have large ramifications for crypto startup companies...
ABCDE, once one of the largest home-grown $400 million Web3 investment funds, recently announced that it will stop making new investments and fundraising. This decision comes despite the fund continuing to perform well, still boasting an IRR that is competitive worldwide. The fund will inside continue to primarily orient itself...
ABCDE’s unusual decision to stop making new investments and stop their fundraising in their $400 million Web3 fund may sound like bad news. Headlines are shouting danger, doom and gloom predictions for the future of Web3 rise to the top of the feed. What if this pause is not a...
