🗿 Next Era of Social Has Arrived

GM. Didn’t have a Rug Radio x Decrypt Merger or Tate/AJones/Musk Debate on my 2023 Bingo Card. But here we are. Petty drama everywhere.

Without Further Ado. ☕ *knuckle cracks* ☕ Let’s get into it.

Today’s No FOMO is brought to you by… LVCIDIA

Today’s Specials:

No FOMO News 📰 : FIFA Drops World Cup NFTs ⚽ 🏆

No FOMO 🗿: The Next Era of Social Has Arrived 👇

AI Intel 🤖 : Sports Illustrated publisher fires CEO after AI debacle 😰

Max’s Gaming Corner 🎮 : Web3 Gaming Funding Won’t Slow 👏

Testnet Tuesday 🧪 : DeFi’s Last Mile Delivery 🧑‍💻

No FOMO News 📰

• Avalanche's AVAX token rallies despite crypto market downturn (The Block)

• Crypto exchange KuCoin to shut in New York, pay $22 million to settle lawsuit (Reuters)

• Crypto Exchange HTX Hit by $258 Million Outflow After Hack (Bloomberg)

• Google policy update allows ads for US crypto trusts (Cointelegraph)

• US Senator Elizabeth Warren introduces bill to crack down on crypto (Crypto News)

• Crypto media site Decrypt merges with decentralized media firm Rug Radio (Axios)

The Next Era of Social Has Arrived

Alex Jones, Andrew Tate, Elon Musk, and other prominent personalities hopped on X Sunday to talk free speech, globalization, and futurism.

In many ways, this historic gathering of social media pariahs symbolizes a new era of social media determined by self-determination and open discourse.

During the 90-minute conversation, Musk alluded to X’s desire to closely abide by the US Constitution as its compass for company policy and would be reluctant to issue permanent bans on anyone going forward.

Musk also expressed intention to follow the “UN exclusion rule”, whereby any state leaders would be allowed on the platform regardless of their choice of speech.

Do you think X is moving in a good direction?

AI Intel 🤖

• OpenAI COO thinks AI for business is overhyped (TheVerge)

• Elon Musk thinks Tesla has 'the best real-world AI,' but an ex-worker raised concerns about how it's powering the Autopilot feature (yahoo)

• Boston-based Dotmatics helping scientists make better drugs using AI (CBS)

• AI is driving Google’s health care business. Washington doesn’t know what to do about it. (Politico)

• For true AI governance, we need to avoid a single point of failure (FT)

Max’s Gaming Corner 🎮

Our web3 gaming funding update, brought to you by Max Kaufman

Last week was a great week...

💰 QANplatform, a Quantum-Resistant L1 Hybrid Blockchain, Raises $15M Funding Round Led by MBK Holding

💰 Animoca Brands' Mocaverse, Raises $11.88M Funding Round from OKX, Foresight Ventures, Dapper Labs, and more

💰 Shadow, a Crypto Data Platform, Raises $9M in Seed Funding Led by Paradigm

💰 Sindri, a Zero-Knowledge Platform, Raises $5M in Seed Funding Led by CoinFund

💰 Term Structure, a Fixed-Income Protocol Utilizing zkTrue-up, Announced $4.25M Seed Round Led by Cumberland

💰 Poglin, a Web3 IP Platform, Raises $3M in Seed Funding Led by Animoca Brands

💰 Endless Clouds, a Game Dev Studios building Treeverse and Capsule Heroes, Raised $2.5M in Funding from Animoca Brands, Momentum 6 + more

💰 Versatus, an Ethereum Scaling Startup, Raises $2.3M in Seed Funding from NGC Ventures, Republic Crypto, and more

💰 Telegram Messenger TON, a L1 Blockchain, Closed Strategic Funding Round Led by KuCoin Exchange Ventures

💰 CARV, a Web3 Gaming Identity Platform, Closed Strategic Funding Round Led by HashKey Capital

💰 Inspect, an L2 for X, Closed Strategic Funding Round Led by Merit Circle

+ more

Testnet Tuesday 🧪

This week we are highlighting an app simplifying the DeFi world. Meet FortyTwo.Money

FortyTwo promises to be the “Frontend for an Interchain World”. Meaning, the app has a portfolio view giving insights into a user’s interchain holdings and transactions. This view allows users to connect multiple wallets to see cross-chain assets, wallet breakdowns, balances, transaction history, and even claimable airdrops. 

FortyTwo is not just a passive overview tool. Perhaps its most exciting functionality is an interchain yield aggregator promised to be “simple, automated, and optimized”. FortyTwo vaults go a step further by auto-compounding the returns so that users can receive the highest yields, with lower risk. 

I’m sure some of you out there are lucky enough to have timed everything perfectly, but personally I would have a lot more $$ if I had a yield aggregator making my decisions for me. 

Although not yet released, FortyTwo boasts more exciting features like an Interchain NFT Gateway and even a tool to help simplify taxes. Something we’re probably all doing a little imperfectly. (jk IRS jk we only pay too much always). 

FortyTwo supports Cosmos chains (Neutron, Terra, Juno, Osmosis, and Kujira), but promises to expand to Ethereum, Arbitrum, and more after launch. 

Right now, FortyTwo is live on mainnet but in a closed test period. However, they have just announced a waitlist for early access to the full product which you can join below. 

Mining Memes ⛏️

Referral Contest - Win a Free NFT!

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How it works:

One referral = one ticket to win our monthly NFT giveaway.

At the end of the month, we’ll do a raffle and one of our readers will be given a free NFT. The more friends you refer, the better chance you’ll have to win.

If you don’t win, we’ll roll your referral points over from the previous month so your efforts never go to waste.

No catch, no nonsense. Just refer, and win!

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