Web3 and Macro Comprehensive Deregulation: A Call from Industry LeadersTesla CEO Elon Musk has recently called for
comprehensive deregulation, predicting an overhaul of the SEC. This move is seen as a significant step towards fostering a more conducive environment for Web3 technologies.
- SEC Overhaul: Regulatory bodies are under scrutiny for their approach towards crypto.
- Industry Support: High-profile endorsements could accelerate the adoption of crypto.
Strategic Alliances: EVM-Compatible Layer-2 SolutionsThe
TON Foundation and Mantle Network have formed a strategic alliance to advance EVM-compatible layer-2 blockchain solutions. Ton is Telegram's native token. This partnership aims to:
- Enhance scalability
- Reduce transaction costs
- Foster interoperability between blockchain networks
Crypto and The MacroETF Filings Under Review: A Regulatory BottleneckSEC Chairman Gary Gensler announced that
8-10 Bitcoin ETF filings are currently under review. This has led to:
- Market Speculation
- Increased Volatility
- A cautious approach from institutional investors like BlackRock
GamingShrapnel Raises $20 MillionA highly anticipated AAA web3 game called "Shrapnel" has successfully raised $20 million. Here are some key points around games like Shrapnel: - Shrapnel is set to launch their early playtest and alpha on Epic Games
- The Shooter genre continue to carry a lot of attention in the web3 gaming space
- Deadrop is another “looter shooter” gaining massive wider mainstream attention
NFL Rivals Goes Viral - Player Engagement: Nearly 3 million players have engaged in NFL Rivals, a web3 game.
- Revenue Growth: The game has seen a substantial increase in revenue, indicating a promising future for web3 gaming.
- Mobile games could continue to dominate in the web3 gaming space moving forward
Nakamoto Games and TON: The Gaming RevolutionNakamoto Games has announced its integration with TON, set to arrive on Telegram by mid-November. This collaboration aims to:- Introduce new gaming experiences
- Enable seamless transactions
- Foster community engagement