top of page

Freeze BUSD on aave

Edition #52 - 17 FEB 2023

This proposal suggests freezing the BUSD reserve on the Aave V2 Ethereum market following the announcement by Paxos, the minter of BUSD, to stop minting BUSD from April 2023 and only allow redemption for their underlying value by burning BUSD, leading to a trend towards zero circulating supply over time.

gaming developments

  • ​​Gaming multiverse Dimensionals (developing by Mino Games) raised $15M in a Series B funding round led by Standard Crypto, with participation from Boost VC, Collab+Currency, Earl Grey Capital, and Konvoy Ventures.

  • ​​Web3 game developer Tower Pop for game Omega Royale raised $2.1M in a funding round led by Play Ventures and Agnitio Capital.

  • ​​NFT game Paradise Tycoon raised $1M in a funding round. Shima Capital, Zee Prime Capital, Fomocraft Ventures and FireX Capital are among investors.

metaverses & Adoption

  • Metaverse content delivery system Mawari Network raised $6.5M in a seed funding round led by Blockchange Ventures and Decasonic, with participation from Abies Ventures, Accord Ventures, Anfield, Outlier Ventures, Primal Capital and others.

  • Love in the metaverse? Paris Hilton dropped a new dating metaverse called Parisland. Players will be able to hit on random strangers online, complete quests, and ultimately “choose a partner”.

  • Microsoft has canceled the Industrial Metaverse project after 4 months, about 100 employees laid of.


  • ​​​​​​Decentralized gaming platform Ajuna Network raised $5M in a private funding round led by CMCC Global.

  • Decentralized cryptocurrency exchange C3 raised $6M in a seed funding round led by Two Sigma ventures, with participation from Jane Street, Hudson River Trading, Flow Traders, Jump Crypto, Cumberland DRW, Golden Tree, CMS Holdings, AlphaLab Capital and C² Ventures.

funding rounds


Subscribe to Weekly Essentials

Recent Posts

See All

SEC targets Uniswap

Edition #103 - 14 APR 2024 The Securities and Exchange Commission has been working overtime against crypto. There were 46 enforcement actions against crypto companies in 2023 - an all-time high. SEC

Month of Base

Edition #102 - 05 APR 2024 For Base (Coinbase’s Layer-2) March was a month to remember: Daily transactions jumped from 400K → 1.5M. Weekly active users doubled and hit new all-time highs. gaming deve

BlackRock launches a fund on Ethereum

Edition #101 - 29 MAR 2024 gaming developments ​​​​Our Portfolio company MARS4 will launch a brand new game and token.​​ Content network that rewards users for their time and attention Everyworld clo


Ready Player DAO
bottom of page