LensLinks: Issue 177

$739M Invested in Blockchain Games This Year, brought to you by Regiment LLC

Author

Len Pacek
June 16, 2023

Today in LensLinks:

  • Metaverse Games: $739M Invested in Blockchain Games This Year

  • Facebook Gaming survey finds that casual gamers are crucial to the evolution of the metaverse

  • DeFi Unfazed by SEC's Classification of Tokens as Securities

  • Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools

  • Neal Stephenson talks metaverse and AI's gaming future

  • Here’s how to use DeFi on Bitcoin without ‘polluting’ the blockchain

  • DeFi Tokens Rose in a Turbulent Week: CoinDesk Market Index

  • Crypto trading bot borrows $200M for a $3 gain

  • "Singularity" fever hits Silicon Valley again as AI takes center stage

  • And Much, Much, More…

#regimentco #singularity #defi #cryptotrading

QUOTABLE

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“A more correct way of thinking developmental cycles ahead is to implement persistent social features and make casual gaming more of a connected experience — these are probably closer to where you want to be thinking about it right now,”

- Stephen Gray from Facebook Gaming at Meta

NOTABLE

Metaverse Games: $739M Invested in Blockchain Games This Year

The latest investment figures in the blockchain gaming industry are out. Metaverse gaming received $739 million in investments in Q1

blockzeit.com/metaverse-games-739m-invested-in-blockchain-games-this-year

Metaverse & Gaming

Facebook Gaming survey finds that casual gamers are crucial to the evolution of the metaverse

While the industry talks about the metaverse, turning it into a buzzword, the consumer world is on a very different level.

venturebeat.com/games/facebook-gaming-survey-finds-that-casual-gamers-are-crucial-to-the-evolution-of-the-metaverse

Blockchain, Tokens & DeFi

DeFi Unfazed by SEC's Classification of Tokens as Securities

These forces will likely only drive “more financial activity to DeFi,” one trader said.

www.coindesk.com/markets/2023/06/08/defi-unfazed-by-secs-classification-of-tokens-as-securities

Crypto Trading

Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools

Traders will be able to analyze market data with the new AI-based feature called "ToolsGPT."

www.coindesk.com/tech/2023/06/15/crypto-exchange-bybit-integrates-chatgpt-into-trading-tools

Metaverse & Gaming - a little more…

Neal Stephenson talks metaverse and AI's gaming future - GameDaily.biz | We Make Games Our Business

Can a 30-year old book tell us anything about the shape of the metaverse, and digital entertainment more broadly, in 2023?

www.gamedaily.biz/neal-stephenson-talks-metaverse-and-ais-gaming-future

'Another World' Will Let You Bring Your NFT Avatars Into a 3D Metaverse - Decrypt

Set to launch on the Epic Games Store, Another World lets players explore Bored Ape and Azuki-themed locales and score token rewards.

decrypt.co/142833/another-world-let-you-bring-your-nft-avatars-3d-metaverse

Virtual Payments Key to Future Success of Metaverse and Gaming

Just as in-game purchases transformed the gaming industry, so too are payments linked to the emergence of the metaverse.

www.pymnts.com/metaverse/2023/virtual-payments-key-to-future-success-of-metaverse-and-gaming

Blockchain, Tokens & DeFi - a little more…

Here’s how to use DeFi on Bitcoin without ‘polluting’ the blockchain

Bitcoin ordinals or stamps have failed to provide an answer to Bitcoin’s DeFi problems

cointelegraph.com/news/heres-how-to-use-defi-on-bitcoin-without-polluting-the-blockchain

DeFi Blue Chips Suffer as More Users Stake Ethereum - Decrypt

Investors are losing interest in blue chip DeFi tokens because Ethereum is a better deal, according to Glassnode.

decrypt.co/143154/defi-blue-chips-more-users-stake-ethereum

DeFi Tokens Rose in a Turbulent Week: CoinDesk Market Index

Lesser known altcoins had a strong week as bitcoin and ether wrestled with macroeconomic headwinds

www.coindesk.com/markets/2023/06/02/defi-tokens-rose-in-a-turbulent-week-coindesk-market-index

Crypto Trading - a little more…

Crypto trading bot borrows $200M for a $3 gain

The bot made 0.019 ETH, worth approximately $33, but after deducting transaction fees of $28.76 and a $1 payment to the block builder, it was left with a profit of $3.24.

cointelegraph.com/news/crypto-trading-bot-borrows-200m-for-a-3-gain

Robinhood saw crypto trading volumes plummet 43% in May

Robinhood also reported Monday that crypto trading volume fell 68% in May compared to the same month last year.

www.theblock.co/post/234248/robinhood-saw-crypto-trading-volumes-plummet-43-in-may

Hong Kong urges major banks to embrace crypto exchanges as clients

Banking regulators in Hong Kong raised questions in a meeting about banks' hesitancy to welcome crypto exchanges as clients

blockworks.co/news/hong-kong-banks-embrace-crypto

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

"Singularity" fever hits Silicon Valley again as AI takes center stage

Believers see humanity headed toward a collision with a super-powerful AI.

www.axios.com/2023/06/12/singularity-ai-silicon-valley

ESG (Environmental, Social & Governance)

ESG: Reconciling “Singularity” and Collective Debate

The complexity of the environmental, social, and governance (ESG) transformation doesn’t allow for a simple solution. But a new depth of awareness and cultural understanding is now helping shape this process, with philosophers and sociologists illuminating many underlying issues.

www.globalpolicyjournal.com/blog/09/05/2022/esg-reconciling-singularity-and-collective-debate

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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.