LensLinks: Issue 43

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
December 02, 2022

Today in LensLinks:

  • All the SBF News that's Fit to Print...

  • FTX US "Fully funded"? "I didn't commingle funds". "I have a duty to talk to people".

  • P2E "Dead"?

  • "Ethereum Killers" Performance

  • Blackrock CEO backs "tokenization of securities"

  • 101: Cryptocurrency: Both a Payment Method and an Investment Vehicle

  • NFL, UPS Metaverse News and Metaverse Projections

  • And, Much, Much, More...

QUOTABLE...

 “The US platform—the US regulated platform with American users—to my knowledge, that’s fully solvent. That’s fully funded and I believe that withdrawals could be opened up today and everyone could be made whole from that.” 

- Sam Bankman-Fried

NOTABLE...

FTX US is 'fully solvent' and 'withdrawals could be opened up today': SBF

Sam Bankman-Fried, the former Chief Executive of bankrupt crypto exchange FTX, has been quite vocal about the fall...

https://watcher.guru/news/ftx-us-is-fully-solvent-and-withdrawals-could-be-opened-up-today-sbf

Sam Bankman-Fried, the former Chief Executive of bankrupt crypto exchange FTX, has been quite vocal about the fall of the company on social media platforms like Twitter. In fact, he has time and again apologized to users as well. The former FTX executive virtually stepped into the media spotlight from The Bahamas on Wednesday.

Interviewed by The New York Times’ Andrew Ross Sorkin at the media house’s annual DealBook Summit, Sam Bankman-Fried—a.k.a. SBF—spoke on a host of subjects ranging from risk management and philanthropy to regulation, real-estate in the Bahamas, and everything else in between.

SBF at Dealbook Summit: 'I Didn’t Knowingly Commingle Funds' - Decrypt

Sam Bankman-Fried said he was unaware customer funds were mishandled at the New York Times’s DealBook Summit.

https://decrypt.co/116103/sbf-dealbook-summit

SBF Says He 'Did Not Commit Fraud' in Latest Public Comments - The Defiant

‘I have a Duty to Talk to People,’ Disgraced Founder Says Despite Threat of Self-Incrimination

https://thedefiant.io/sbf-interview-dealbook

 Metaverse & Gaming

The Sandbox Metaverse, Axie Infinity & Toon Finance: Is P2E dead? – CryptoMode

P2E, or “play-to-earn”, is a model of online gaming in which players can generate real world value from their in-game activity. For the past few years, P2E games have been on the rise, with popular titles such as CryptoKitties, Decentraland, and Axie Infinity leading the way. However, some industry insiders have recently proclaimed that P2E […]

https://cryptomode.com/the-sandbox-metaverse-axie-infinity-toon-finance-is-p2e-dead/

For the past few years, P2E games have been on the rise, with popular titles such as CryptoKitties, Decentraland, and Axie Infinity leading the way.

However, some industry insiders have recently proclaimed that P2E is dead, citing the slow down of activity in popular games and the lack of new projects entering the space. But is this really the case? Let’s take a look at three upcoming P2E projects to see if there’s any truth to these claims.

 Blockchain, Tokens & DeFi

How Are 'Ethereum Killers' Performing This Crypto Winter?

Here's how 'Ethereum Killers' performed against ETH in 2022 during the harsh and ongoing bearish crypto markets.

https://watcher.guru/news/how-are-ethereum-killers-performing-in-crypto-winter

Solana, Poladot, Kadena, etc.

Crypto Trading

BlackRock CEO Says ‘Next Generation for Markets’ Is Tokenization - Decrypt

BlackRock joins a growing number of firms backing the tokenization of securities, despite the CEO’s wider crypto cynicism.

https://decrypt.co/116145/blackrock-ceo-says-next-generationmarkets-is-tokenization

BlackRock CEO Larry Fink said that "the next generation for markets, the next generation for securities, will be tokenization of securities."

In the world of blockchain, tokenization refers to a process where a digital representation of an asset is created on a blockchain, authenticating its transaction and ownership history.

Metaverse & Gaming - A Little More...

NFL continues metaverse exploration with persistent Fortnite experience: NFL Zone

The National Football League announced today the launch of NFL Zone, a multifaceted, dynamic metaverse experience built in Fortnite Creative.

https://www.nfl.com/news/nfl-continues-metaverse-exploration-with-persistent-fortnite-experience-nfl-zone

Metaverse in Entertainment Market to Reach $221.7 Billion, Globally, by 2031 at 32.3% CAGR: Allied Market Research

Allied Market Research published a report, titled, "Metaverse in Entertainment Market by Component (Hardware, Software, Service), by Technology (Blockchain, Virtual Reality and Augmented Reality, Mixed Reality, Others), by Application (Film Production, Music Labels, OTT Platforms, Television Broadcasters, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global metaverse in entertainment industry is estimated to generate $13.8 billion in 2021 an

https://finance.yahoo.com/news/metaverse-entertainment-market-reach-221-132300342.html

Tokens.com Launches The UPS Store’s Metaverse Business Center in Partnership with Coffee Digital

Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded compa

https://www.businesswire.com/news/home/20221201005215/en/Tokens.com-Launches-The-UPS-Store%E2%80%99s-Metaverse-Business-Center-in-Partnership-with-Coffee-Digital

Blockchain, Tokens & Defi - A Little More...

CME Group and CF Benchmarks to Launch Three New DeFi Reference Rates and Real-Time Indices on December 19

CME Group, the world's leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch three new DeFi reference rates and real-time indices, which will be calculated and published daily by CF Benchmarks, beginning December 19.

https://finance.yahoo.com/news/cme-group-cf-benchmarks-launch-140000355.html

Crypto trading firm Auros Global misses DeFi payment due to FTX contagion

Auros Global is understood to be suffering from “short-term liquidity” issues as a result of the FTX collapse, causing it to miss its latest DeFi loan repayment.

https://cointelegraph.com/news/crypto-trading-firm-auros-global-misses-defi-payment-due-to-ftx-contagion

Crypto Trading - A Little More...

Solana crashes 55% in November but NFT trades still booming

Solana experienced a torrid November as crypto investors sold off their holdings due to its connection with Sam Bankman-Fried's empire.

https://cryptoslate.com/solana-crashes-55-in-november-but-nft-trades-still-booming/

Cryptocurrency: Both a Payment Method and an Investment Vehicle

Cryptocurrency: Both a Payment Method and an Investment Vehicle

https://in.investing.com/analysis/cryptocurrency-both-a-payment-method-and-an-investment-vehicle-200553342

ESG (Environment, Social & Governance)

Flowcarbon Raises $70M to Tokenize Carbon Credits and Build an On-chain Market

Knowcarbon - May 24, 2022

https://www.flowcarbon.com/knowcarbon/flowcarbon-raises-70m-to-tokenize-carbon-credits-and-build-an-on-chain-market

“There are powerful economic incentives to destroy and degrade critical natural landscapes around the world, but the voluntary carbon market is a brilliant financial mechanism that creates a counterbalancing incentive to reforest, revitalize and protect nature,” said Dana Gibber, CEO of Flowcarbon.

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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.