Announcing MSV STUDIO
Our dedicated in-house development, design, strategy, and marketing arm
We are compiling everything happening within and around Morningstar Ventures for this month's newsletter. You can find out what we've been up to this past month in our recent initiatives and portfolio company updates below.
Introducing MSV STUDIO: After saying "no" to many requests, we finally decided to start our consultancy arm - MSV STUDIO. Web3 and Web2 companies can now work with us to grow within the crypto space. If you would like to work together, contact us via our website. We will remain selective on what type of initiatives we support, so submit as many details as possible.
Visit MSV Studio ➡️ here
Read the full announcement ➡️ here
Latest Initiatives
Stay in the loop on all things Morningstar Ventures
🎙️ EGLD Community Points System Launch & Cow Cow Challenge: EGLD Community members can earn points by interacting and posting engaging content on the feed. Every week members can win prizes from projects within the MultiversX ecosystem. Cow Cow is offering multiple prizes for top point earners to kick off.
Learn more: ➡️ here
🖼️ Fusionist & OKX Collaboration: Congratulations to our portfolio company Fusionist on completing a successful collaboration with OKX Wallet. It's always great to see two ambitious projects come together to create more excitement in the ecosystem. The competition is about to end - to find out more check out Fusionist's Twitter: ➡️ here
MSV Roundtable Recap:"6-Month Outlook: What's on the Horizon"
Listen to the recording and find out what is yet to come
We recently hosted another MSV Roundtable with Ran Neuner, Austin King, and Alexei Kulevets, where we discussed what is going on in the market and what we can expect in the upcoming 6 months.
The three key takeaways from our Roundtable guests included:
1. "We are in a raging bull market"
2. "People are starting to understand that crypto is the neutral financial rail that fuels our global economy"
3. "With the increase of rules and regulations, the days of 100x might be over."
Read the full recap or listen to the recording ➡️ here
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.