Fusionist Project Review
Learn more about our portfolio company - Fusionist
We are compiling everything happening within and around Morningstar Ventures for this month's newsletter. Find out what we've been up to this past month in our recent initiatives and portfolio company updates below:
Fusionist Project Review: For this month's review, we are covering one of the most anticipated games in the web3 space - Fusionist. The project recently launched a Sci-Fi AAA game to bridge the gap between web2 and web3 users.
Read the full review ➡️ here
Latest Initiatives
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🚀 Humans.ai Mainnet Launch: On the 29th of May, our portfolio company Humans.ai launched on Mainnet. With the mission to build AI solutions for millions of people and transition web2 AI companies to web3, the project is at the forefront of building the Blockchain of AIs. In our recent Twitter thread, we highlight the importance of the project and why we think they are making significant progress. Read the full thread ➡️ here
🎙Recap - MSV Roundtable: Deep Dive into NFT Utilities: We talked to the founders of Ethernity, bitsCrunch, and YoloYolo to find out how NFTs create and gain value. Listen to the recording or read the recap ➡️ here
🖼 NFT Report - June Edition: Impactful news and developments shaping the NFT and crypto market. We are covering de[ID], Pudgy Penguins, and the upcoming Azuki event in our latest NFT Report. Read more ➡️ here
📝 Founder Stories - Blocklords: For this Founder Stories edition, we talked with David Johansson, Founder & CEO at Metataking Studios and Creator of our portfolio company Blocklords. In the interview, he told us more about how the lack of fun and fair web3 games inspired him to start Blocklords and make its mission to be a game that is something for everyone. Read more ➡️ here
MSV Interview - JamboWeb3 Adoption in Africa
Join our live MSV Interview with Jambo
We are excited to announce that we will be talking to James Zhang, Co-founder and CEO of Jambo, about Web3 Adoption in Africa. Our host Szabi will interview James to see how the progress is going and how Jambo is en route to building Africa's SuperApp.
Set your reminder ➡️ 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.