Every month we release a newsletter that recaps the most important events and content from the Morningstar Ventures community. Find out what happened this month, and set your reminder for our next Twitter Spaces session this Thursday, the 26th of Jan!
Twitter Spaces:
"Building In The Bear Market"
Don't miss our upcoming discussion with industry experts
Next Thursday, on the 26th of January, we're hosting another Twitter Spaces. This time, we're getting together a panel of experts to discuss what it means to Build In The Bear Market. Joining us will be Jason Ma from Axelar, Derek Yoo from Moonbeam, and Varun Kumar from Hashflow.
Don't forget to set your reminder ➡️ here
Latest Project Review
Learn more about our portfolio projects and what makes them unique
For this month's project review, we are covering a pioneer in the move-to-earn ecosystem, Walken – the first play-to-earn, move-to-earn mobile app that counts people's steps and allows them to earn $WLKN tokens. With a strong focus on gamification, Walken's mission is not only to encourage a healthy lifestyle but contribute to onboarding the next billion users to Web3 by essentially offering an easy-to-use and understandable product that allows people to earn money while, well, you guessed it, walking.
Read the full project review ➡️ here
New Podcast Episodes
Tune into our MSV podcast to hear what founders have to say about their projects
This week our host Szabi, interviewed two projects for our newest episodes of the MSV podcast:
- Emile Dubie - Co-Founder & CEO of XDEFI Wallet, aims to give users access to some of the most exciting chains in crypto to secure one's assets as safely as possible. ➡️ Full Podcast
- Eric Chen - Co-Founder & CEO of Injective, tells us what the future of DeFi will look like and how it will gain more market share. ➡️ Full Podcast
If you have any questions or would like to drop us some suggestions on content you would like featured in future newsletters, please don't hesitate to contact us.
Related Articles
NFT Report: October Edition
The NFT market has felt the effects of “Uptober,” as sales volumes have increased 21% in the last 30 days, resulting in a market cap of $2.18 billion. Blue-chip projects such as the BAYC collection saw an 81.2% increase in volume the last month, similar to Pudgy Penguins, which had a 51.2% increase in volume. The increase in price and volume can be partly attributed to the general price increase of the crypto market, with Bitcoin and Ethereum up 24.7% and 7.26%, respectively, in the past month. Moreover, when Pudgy Penguins started selling physical plush toys in Walmart, one of the most successful retail stores, interest surged, and so did the floor price of the NFT.
NFT Report: September Edition
The NFT market continues to face low sentiment as sales volumes have dropped 29% in the last 30 days, and mainstream media is reporting NFTs as “worthless.” Covered by The Guardian, Cointelegraph, Yahoo, The Hindu Times, and more, a recent study conducted by dappGambl, which analyzed data from NFT Scan and CoinMarketCap, found that 95% of NFT collections, equivalent to 23 million individuals, hold NFTs with no market value – as 69,795 out of 73,257 collections have a market cap of 0 Ether.