Daily News - February 4, 2022
Treasure:
BattleFly, an innovative GameFi project built on TreasureDAO, raises $1M USD to fund further development of the project.
https://twitter.com/BattleFlyGame/status/1489403048166264833?s=20&t=BulQndVLRI6Bk9U2kzRdGA
SmolPets have officially arrived! For those that have staked their SmolBrains or SmolBodies, please click the link below to claim your airdrop.
https://www.smolverse.lol/station
Treasure Tools teases the integration of SmolPets, thereby, allowing users to check the rarity of their pet!
https://twitter.com/0xkarel/status/1489392778593382401?s=20&t=BulQndVLRI6Bk9U2kzRdGA
DeFi Llama, an analytic platform that tracks DeFi protocols, officially adds support for $MAGIC. After toggling the “Staking” option, you’ll see nearly $370.56 M USD has been staked within the $MAGIC ecosystem.
https://defillama.com/protocol/treasuredao
News:
Realms (for Adventurers), an on-chain massive multiplayer game built on StarkNet, has published their whitepaper! This release caused the Realm NFTs to increase by 78% and the $LORDS token to appreciate by 65.60%.
https://twitter.com/LootRealms/status/1489111971631083521?s=20&t=BulQndVLRI6Bk9U2kzRdGA
Following the $320M WormHole exploit, Jump Crypto, the owners of the protocol, replaced the stolen 120,000 ETH. Upon further investigation, it appears that Jump Crypto owns a sizeable stake within various DeFi protocols built on Solana. Therefore, by replacing the missing wETH Jump Crypto is able to maintain public confidence within DeFi protocols available on Solana.
https://twitter.com/JumpCryptoHQ/status/1489301013408497666?s=20&t=BulQndVLRI6Bk9U2kzRdGA
Can’t Stop Won’t Stop GameStop! GameStop partners with ImmutableX to launch an NFTmarketplace built upon StarkWare’s scaling technology. This announcement caused a dip in Loopring, as they were speculated to be the partner working with GameStop.
https://venturebeat.com/2022/02/03/gamestop-launches-nft-marketplace-on-immutable-x-creates-100m-dev-fund/
Private equity is piling into the NFT market! a16z, the notorious venture fund led by Marc Andreessen and Ben Horowitz, is discussing a potential investment that would value Yuga Labs, the creators of Bored Ape Yacht Club, at $5 Billion.
https://www.ft.com/content/acc635d6-bb05-4af6-b4da-b8462c06466d
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT