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Daily Brief

Betting on Web3 Gaming

gm Bankless Nation, it was a big weekend for crypto gaming, and more was happening today, too.
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Jun 10, 20243 min read
Betting on Web3 Gaming
Published on June 10, 2024
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Sponsor: KrakenSign up for an account and see what crypto can be.

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NEED TO KNOW
ARB Gaming Fund
  1. 🕹️ Arbitrum DAO Approves Massive Gaming Fund. The DAO plans to spend 225M ARB supporting gaming projects on the L2.
    Read more on Bankless.com
  2. 🐰 Friend.tech Plans to Launch Friendchain. Amid rough $FRIEND performance, Friend.tech is planning a migration from Base.
    Read more on Bankless.com
  3. 💰 Uniswap Labs Acquires 'Crypto: The Game' Project. The Survivor-inspired crypto title gets acquired ahead of Season 3.
    Read more on Bankless.com
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TODAY IN MARKETS
Friend.Tech's New Home
Bankless Author: Jack Inabinet

🔵 FRIEND Volatility. The fair-launch token has been sliding down drastically over the past several weeks despite some high-conviction bets from whales. On Friday night, crypto-enabled chatroom friend.tech unveiled that it would be deploying its own blockchain.

Prices as of 5pm ET 24hr 7d
Crypto $2.53T ↘ 0.8% ↘ 1.2%
BTC $69,565 ↘ 0.2% ↗ 0.7%
ETH $3,670 ↘ 0.8% ↘ 2.7%
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TACTIC
Get Started with Wasabi on Blast
Bankless Author: William M. Peaster

One of the hotter apps in the Blast L2 scene right now is Wasabi, a leverage trading protocol for long-tail assets like memecoins and NFTs.

In other words, you can use Wasabi’s perpetual futures, which have no expiry, to long or short tokens that many other derivatives protocols don’t support. The idea? Trade culture, on leverage.

Get the full rundown 👇


FRIEND & SPONSOR: KRAKEN

Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.

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LATEST POD
The End of the Petrodollar

Energy is the base layer of money,” that’s how today's guest Luke Gromen puts it in our latest episode.

The essential learning of today’s show is that you can’t understand money until you understand energy markets. Apart from that, Luke explains why the price of oil is about to force a monetary system change, why the 60/40 portfolio is dead, and much more.

Bankless Citizens get an exclusive Debrief unpacking the conversation 👇

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GO BANKLESS
Don't Miss Another Airdrop!

Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?

Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.