LensLinks: Issue 114

SVB Owes $150M to Roblox, Gov to Cover, brought to you by Regiment LLC

Author

Len Pacek
March 15, 2023

Today in LensLinks:

  • SVB Owes $150M To Roblox & The Government Is Going To Pay

  • Games and the Metaverse—and their three-pronged problem

  • Why Stablecoin USDC’s Unstable Weekend Matters

  • 101: What is JOMO in crypto trading?

  • Web3 Gaming — What do Blockchain, Crypto, NFTs & the Metaverse Offer?

  • Blockchain Games And Metaverse Projects Make Big Waves With $148M In Funding

  • Microsoft inks licensing deal with cloud gaming provider Boosteroid

  • The NFT sector is just getting started. Here’s what lies ahead

  • MP: Russia Must Hurry Crypto Mining Legalization

  • And Much, Much, More…

QUOTABLE

❝

“Companies that want to work within the law and declare their mining income should have the opportunity to do so.”

- MP Sergei Malikov, a member of the Moscow Regional Duma

NOTABLE

SVB Owes $150M To Roblox & The Government Is Going To Pay

Gaming giant Roblox issued a statement last week saying that $150m of company funds were are risk due to the SVB banking crisis.

nftevening.com/svb-owes-150m-to-roblox-the-government-is-going-to-pay

Metaverse & Gaming

Games and the Metaverse—and their three-pronged problem

The current game monetization model is broken, but it can be fixed by allowing the player to risk and win their own rewards by defeating other players, like in an actual competitive sport.

coingeek.com/games-and-the-metaverse-and-their-three-pronged-problem

Blockchain, Tokens & DeFi

Why Stablecoin USDC’s Unstable Weekend Matters

The second-largest stablecoin in crypto has restored its dollar peg after a tumultuous weekend, but it shows how important the token is in the ecosystem.

www.coindesk.com/learn/why-stablecoin-usdcs-unstable-weekend-matters

Crypto Trading

What is JOMO in crypto trading?

JOMO is that “I-was-right-about-the-market” feeling after narrowly escaping a bad trade.

cointelegraph.com/news/what-is-jomo-in-crypto-trading

Metaverse & Gaming - a little more…

Web3 Gaming — What do Blockchain, Crypto, NFTs & the Metaverse Offer?

A deep dive into the challenges & opportunities in 2023

entrepreneurshandbook.co/web3-gaming-what-do-blockchain-crypto-nfts-the-metaverse-offer-5ffbb870e018

Blockchain Games And Metaverse Projects Make Big Waves With $148M In Funding - Amazon.com (NASDAQ:AMZN)

The blockchain game industry showed robust investment activity throughout February with a total of $148 million raised. While slightly lower than the $156 million raised in January, it's still a positive start to the year for this growing sector.

www.benzinga.com/markets/cryptocurrency/23/03/31345418/blockchain-games-and-metaverse-projects-make-big-waves-with-148m-in-funding

Microsoft inks licensing deal with cloud gaming provider Boosteroid | SaltWire

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft on Tuesday signed a 10-year licensing deal to bring Activision's Call of Duty franchise to cloud gaming ...

www.saltwire.com/atlantic-canada/business/microsoft-signs-licensing-deal-with-cloud-gaming-provider-boosteroid-100833867

Blockchain, Tokens & DeFi - a little more…

Ethereum, Bitcoin & RenQ Finance are three stable tokens in the market

In this article, we will discuss three of the most stable tokens in the current market conditions: Ethereum (ETH), Bitcoin (BTC), and RenQ Finance (RENQ)

www.livemint.com/brand-stories/ethereum-bitcoin-renq-finance-are-three-of-the-most-stable-tokens-in-the-market-11678793659743.html

Brazilian Web3 Publisher Jungle Raises $6M To Develop A Mobile Shooter - EGamers.io - P2E NFT Games Portal

Jungle, a Brazil-based Web3 game publisher, has raised $6M in a seed funding round co-led by venture capital firms Bitkraft

egamers.io/brazilian-web3-publisher-jungle-raises-6m-to-develop-a-mobile-shooter

The NFT sector is just getting started. Here’s what lies ahead

What began as novel collectibles and rampant speculation is maturing into real-world utility across a multitude of industries, writes Tom Chalmers of Banxa.

finance.yahoo.com/news/nft-sector-just-getting-started-030200018.html

Crypto Trading - a little more…

Bitcoin takes a wild ride as traders bet on a crypto comeback

Bitcoin surged above $26,000 and then gave up its gains as traders placed new bets on cryptocurrencies following the release of new inflation data.

finance.yahoo.com/bitcoin-takes-a-wild-ride-as-traders-bet-on-a-crypto-comeback-160644125.html

MP: Russia Must Hurry Crypto Mining Legalization

A Russian lawmaker has called for the legalization of crypto mining and has claimed that bringing mining out of a “grey” legal sphere as soon as possible will benefit both miners and the government. Read on to learn more.

cryptonews.com/news/russian-mp-calls-for-govt-hurry-crypto-mining-legalization-heres-his-rationale.htm

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

How to watch the first public demo of ChatGPT-4 | Digital Trends

OpenAI is presenting the first public demo of ChatGPT-4. Here's how to watch the livestreamed event.

www.digitaltrends.com/computing/how-to-watch-first-demo-chatgpt-4

OpenAI Announces Chat GPT-4, an AI That Can Understand Photos

OpenAI has today announced GPT-4, the next-generation AI language model that can read photos and explain what’s in them, according to a research blog post.

petapixel.com/2023/03/14/chat-gpt-4-will-let-you-turn-text-into-video-and-is-coming-next-week

ESG (Environmental, Social & Governance)

Meta Releases New Dataset to Help AI Researchers Maximize Inclusion and Diversity in their Projects

The dataset will provide AI researchers with more insights into how people from different backgrounds interact.

www.socialmediatoday.com/news/Meta-Launches-Diverse-Dataset-for-AI-Training/644600

Dear reader: You made it to the bottom. How about forwarding LensLinks to a friend or reposting/re-tweeting? Click the handy links at the top to do so easily. Thanks for reading.

Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.