News Recap — February’24
News From Our Partners
Congratulations to WWVentures Limited Partner MrBeast for making the cover of Time Magazine!
“MrBeast videos could best be described as stuff an imaginative 9-year-old boy would try if he had a gazillion dollars. Donaldson crushes expensive cars, gives strangers life-changing amounts of money, holds contests to see who can do a dumb thing the longest. In 2023 alone these videos gained him 99 million new YouTube subscribers, almost double the growth of any other channel. And, in the way of most influencers, he spans all of social media, with about 100 million followers on TikTok, 50 million on Instagram — over 425 million fans in total. He estimates he appears on a screen somewhere in the world about 30 billion times a year. “At this point we kind of know what does well,” says Donaldson. “I can make almost anything go viral.”
Read more on Jimmy Donaldson (Mr.Beast), his work ethic and rise to becoming the most watched person on earth here.
Follow Mr.Beast: Youtube | Twitter
EthXY
EthXY has announced “EthXY — Degen with Friends” introducing the social game Luckshot Duel where players engage in a playful gamble without any cost, aiming to win the EthXY token $SEXY by either shooting themselves or their friend with a spinning shotgun. This game is the beginning of EthXY’s vision to become the Zynga of degen social games, promising a large rewards pool and various ways to earn $SEXY, including playing, recasting on Farcaster, and liking. Participants require an EthXY character to claim rewards and are encouraged to join early for priority access and to maximize their $SEXY holdings through early sign-up and social connections within EthXY.
Follow EthXY: Website | Twitter
Kaidro
Kaidro released the first official trailer for Kaidro: The Awakening animated series based on the popular webtoons comic. The team is beginning to announce impressive partnerships including electronic music duo Odesza and Ronin, the gaming centric EVM Blockchain created by Sky Mavis creators of Axie Infinity. We are looking forward to supporting the Kaidro team as they unveil the expansion of the Kaidro universe!
Follow Kaidro: Website | Twitter
Insrt
Congratulations to the Insrt team for winning the Blast Big Bang launch competition! Insrt was selected as one of 47 winners from over 3000+ teams entered. The Blast L2 mainnet launch is in full swing. As winners of the Big Bang competition, the Insrt community joins a cohort of top tier builders, and has access to unique incentives to propel protocol growth and development.
Dive in to the latest from Insrt at their socials below!
Follow Insrt: Website | Twitter
Blueprint Finance
Blueprint Finance, transitioning from stealth mode, has secured a $7.5M funding round for its flagship product, Concrete Protocol. This round saw participation from Avalanche Foundation, Tribe Capital, Hashed, and WWVentures, among others.
Concrete is an appchain built for on-chain debt and credit. Moreover, Concrete represents a pivotal advancement in the DeFi sector, promising to mitigate liquidation risks while enhancing yield opportunities for users. Through its innovative Probability Engine, cross-chain functionality, and strong backing from the DeFi community and investors, Concrete is well-positioned to become a foundational component of the future DeFi ecosystem.
Concrete was well received by the community with its first waitlist phase quickly reaching 400,000 verified wallet signups. Congratulations to the Concrete team on a great public debut!
Follow Concrete: Website | Twitter
Pontem
SuperLumio, a new Move compatible Ethereum Layer-2 (L2) leveraging the OP Stack, is now live on the mainnet! SuperLumio offers the same speed and cost-efficiency as Optimism, with transactions costing as little as $0.17 for sending ETH and $0.34 for token swaps with extended compatibility for the Move ecosystem. Lumio integrates into the Optimism Superchain, a network of interconnected L2s built on the OP Stack, promising enhanced security, governance, and interoperability among various blockchain ecosystems. Users can now access SuperLumio through MetaMask with specific network settings, and a dedicated Pontem Wallet update is on the horizon. Congratulations to the Pontem team on a successful mainnet launch!
LunarCrush
LunarCrush launched its Coin Grant Program! The LunarCrush Coin Grant Program is designed to empower developers by providing access to unique social data sets, partnership opportunities, and integration into the LunarCrush Coin ecosystem.
Utilizing LunarCrush Coin, developers can build tools and applications that improve user experience and data exploration, making a significant impact in the fields of social media, AI, and Web3. The launch coincides with a revamped LunarCrush Coin landing page. Check it out and more from LunarCrush below!
Follow LunarCrush: Website | Twitter
AssetDash
On February 10th — AssetDash successfully minted the first PFP collection ever on the WNS NFT Standard. The collection is called Elements and features all of the utility of the AssetDash Vanta NFT into a PFP. This release compliments the recent expansion of AssetDash with SuperSwap. Users now earn over 6+ tokens for every swap (and yes, AssetDash Points as well.)
The AssetDash team continues to ship and maintains one of the top communities in the industry. What was once a leading asset tracker is becoming much more — Stay tuned for what’s next!
Follow AssetDash: Website | Twitter
BSX
The top up and coming DEX on the Base Layer-2 posted highlights from its first public testnet. The team achieved the following:Trading volume: BSX featured a total trading volume of $5.1 billion across all pairs, surpassing expectations and demonstrating the high demand for the platform.
Number of traders: 4,432 unique traders joined the testnet and experienced theplatform first-hand.
Feedback: The team received a community feedback from the community helping identify areas of improvement. Building strong community feedback loops is crucial to the longterm success of a project.
In addition to sharing their testnet highlights, the team launched their mainnet closed alpha. The team invited a select group of testers from the 1st batch of BSX’s trader alliance (a group of core BSX community traders) to try out the platform before it goes live. This next step towards full mainnet launch will help ensure the full roll out in the coming months is as smooth as possible!
Keep up with BSX and their push to mainnet launch below!
WWVentures Announcements
Thank you for reading our February 2024 recap!
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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.
