11/14 -11/20 65th issue
*This weekly report is co-authored by SnapFingers DAO builders Discord: Ya#3727Gu#4974Twitter: @linyao1900 @Guaaronnnn *
01 Crypto World Cup Theme: Fan Tokens, NFTs, and Blockchain Games
The World Cup, held every four years, is not only a carnival for fans, but also a rare hot spot for crypto investors. Some related projects even had a publicity offensive more than three months ago. Based on the experience of other previous events, related concept tokens will start to rise first, thereby driving the market. However, this year, FTX crashed before the game, and the token gains have been withdrawn. As the game progresses, some NFT projects have also risen and fallen. Below, we will sort out some projects worth paying attention to from the three aspects of fan tokens, NFTs, and blockchain games.
1. Fan Tokens
Fan tokens are also cryptocurrencies. In addition to voting rights, holders also have various fan-related membership benefits, such as exclusive team news, exchange for team gifts, VIP experience, fan events, various promotions, etc. Compared with mainstream cryptocurrencies, its value is more reflected in the fan participation process. The use of fan tokens allows ordinary fans to directly participate in the decision-making process of clubs and organizations. For clubs, the use of smart contracts to issue tokens has also opened up new ways for fans to interact and earn money.
The first and most famous fan token is CHZ, the native token of Chiliz. Chiliz is currently the most popular fan token platform with its own blockchain network. Chiliz also developed the Socios.com platform for fans to interact with their favorite teams and clubs. Its emergence has also led to an explosion in the number of fan tokens of top teams. The current price of CHZ is $0.18, with a 24-hour trading volume of $615,687,590, and a CoinMarketCap ranking of 37th, with a real-time market value of $1,121,488,914.
Dozens of teams have partnered with Socios to issue their own fan tokens, some of which are backed by exchanges and have been among the top gainers.
Summary of some popular tokens:
For more information about fan tokens, please visit: https://www.socios.com/fan-tokens/
2. NFT Collections
Sorare Sports Cards
Sorare is an NFT game. Players need to buy and trade various star cards, form corresponding teams to complete the game and get rewards. Sorare first supported Football and MLB, and recently reached a support cooperation with NBA. New players will get 5 cards for free, and there will be two free star cards for daily login. Rare cards need to be purchased in the market or traded by players.
Ouyi Football Cup Team NFT
Ouyi NFT Football Cup is a guessing game around the Qatar World Cup. Players can pledge 0.01 ETH before all group matches to receive a team NFT for free (redeemable after the World Cup, up to three free tickets). Secondary transactions can also be made through the Ouyi NFT market. So far, the prize pool amount is US$2,386,150, the total number of NFTs is 132,615, the floor price is 0.0045 ETH, and the total transaction amount is 115.08 ETH.
NFTSTAR Star NFT
NFTSTAR is a digital brand from Singapore that is committed to paving the way for the sports ecology of the Web3 world. Currently, Neymar has authorized the release of the first NFT on the platform.
3. Blockchain Games
TopGoal is an officially licensed digital collectibles platform based on NFT. It cooperates with world-renowned football stars, clubs and Binance, a leading cryptocurrency institution, to provide fans around the world with the best interactive experience based on NFT and crypto games. At present, many well-known stars including Del Piero, Michael Owen, Guti, Rivaldo, etc. have joined. Its first play to earn 3D football game was launched on October 25.
Summarize
Fan tokens can be seen as an alternative fan economy, which has a good development momentum with the help of large-scale events. In fact, in addition to sports events, there are also fan tokens in other art forms such as music. Compared with holding NFTs of artists and idols' works, fan tokens seem to be able to complete the star-chasing process of support, voting, interaction, and rights more simply and directly. Due to the recent market winter brought about by the FTX crash, NFT and chain games are in a downward state, and the increase brought by the World Cup concept is limited. However, relying on hot events in the real world is still the priority path for the implementation of encryption technology and the entry of Web3 into life.
02 Completed $200 million in financing, zkSync latest situation summary
Recently, zkSync developer Matter Labs announced the completion of a $200 million Series C financing round, led by Blockchain Capital and Dragonfly, with participation from a16z, Variant, and Lightspeed Venture Partners. After the completion of this round of financing, its total financing has reached $458 million.
This weekly report summarizes the latest situation of zkSync:
⁃ zkSync announced on its social platform that it will allocate two-thirds of potential future tokens to the zkSync ecosystem, and will try its best to ensure the transparency and fairness of the allocation. ⁃ The official called this financing "Fair Raise", and the crypto KOL wagame.eth believes that the condition for new investors to join should be to ensure the issuance of Token ZKS. ⁃ The team hopes to be transparent about the lock-up and unlocking terms of current investors. The team does not want the token price to rise and fall sharply, and will avoid this as much as possible. And said "Everyone here is practicing long-termism." ⁃ zkSync code will be open source from Fair Launch. This is in stark contrast to their competitors Polygon and Starknet. ⁃ zkSync and other Layer 2, zkSync is likely to be the latest Layer 2 to issue coins. ⁃ OpenZeppelin will be the first security partner, and they are conducting a comprehensive security review of zkSync. ⁃ More than 150 projects have registered to deploy on zkSync 2.0. ⁃ zkSync 2.0 will be fully available to users in late 2022 or early 2023.
Reference links https://www.coindesk.com/tech/2022/11/16/matter-labs-nets-200m-to-build-zksync-ethereum-scaling-platform/ https://www.theblockbeats.info/news/32556?search=1 https://www.theblockbeats.info/news/32594?search=1
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