This Week in Crypto

Euro regulation, CryptoPunks, BTC back over $40k, Consensys, Magic Eden, Chiliz, Updated Eth DCF

March 16, 2022

Issue Summary: Welcome back to Coinstack, your favorite weekly newsletter for institutional crypto investors, where we review the top news and reports in the digital asset ecosystem.

In This Week’s Issue:

  1. This Week in Crypto

    1. 🗞️ Top Weekly Crypto News - European Regulation, CryptoPunks, FTX

    2. 💵 Weekly Fundraises - Consensys $450M, Magic Eden, Metaverse Game Studios

    3. 📊 Key Stats - Ethereum, NFTs, Metaverse

    4. 📝 Report Highlights - Chiliz Sports Fan Tokens (CHZ)

    5. 🎧 Best Crypto Podcasts - Coinstack, Bankless, RealVision

    6. 📈 Top 10 Tokens of the Week - WAVES, RUNE, LUNA

  2. Upcoming HeartRithm Investor Webinar: Crypto Investing for High Net Worth Investors

  3. NFTs: Featured LuvMonsters Collection - Pre-Sale for $5

  4. Coinstack Podcast Episodes

  5. Top 30: A Good Long-Term Crypto Portfolio

  6. Join Our Telegram Group

  7. Who We’re Following on Crypto Twitter

  8. How to Get Started in Crypto Learning

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📺 Upcoming Webinars for Institutional Investors

HeartRithm Managing Partner and Coinstack publisher Ryan Allis is hosting an upcoming 55-minute webinar on crypto investing covering our thoughts on crypto investing in 2022, how to invest in DeFi, which smart contract platforms are growing, and mapping out the crypto hedge fund ecosystem. Register for free here.

🗞️ Crypto News Recap: The Top 5 Stories

Welcome back to This Week in Crypto… everything you need to know in one scannable format. Here are the top 5 stories of the week…

  1. ​​⚡ Europe’s Landmark Crypto Bill Passes Parliamentary Committee With Wide Majority - The EU's Markets in Crypto Assets regulation, or MiCA, has advanced in the European Parliament. (Source)

  2. 😮 BAYC Backer Yuga Labs Buys CryptoPunks and Meebits - After 24 hours of rumors and online speculation, Yuga Labs, the company responsible for the Bored Ape Yacht Club NFT collection, has acquired CryptoPunks and Meebits from the developer Larva Labs. (Source)

  3. 🏧 UK Financial Regulator Seeks to Build Digital Assets Department - The Financial Conduct Authority (FCA), the UK's financial regulatory body, is seeking to build a digital assets department according to a job listing posted on LinkedIn. (Source)

  1. 💰 Ukraine Partners With FTX and Everstake for Crypto Fundraising Website - Ukraine has launched a crypto donations website to raise funds for its ongoing defense against Russia with the help of crypto exchange FTX. (Source)

  1. 🤑 FTX Europe Becomes the First Crypto Exchange Licensed Under Dubai’s Regulatory Framework FTX Europe became the first approved virtual asset exchange to offer complex crypto derivatives dedicated to professional institutional investors within the highly regarded international jurisdiction. (Source)

💬 Tweet of the Week

💵 Weekly Crypto Fundraises & Deals

Here are all the crypto fundraises we heard about this week, ranked by size…

📊 Key Stats of the Week

Here are the most important and interesting stats in crypto this week...

1. Ethereum DCF Updated with Feb 2022 revenues. Implies a fair value of $7,031 per Ether (ETH)

2. Ethereum Is Still Generating $300M in Revenues per Month, 8x Its Nearest Competitor Binance Smart Chain and 18x Avalanche

3. Over 3k Jobs Have Opened in the Crypto Space in the Last Week

4. Ethereum NFT Sales Are Inversely Correlated to Crypto Market

5. Binance, Crypto.com, and Coinbase Lead the Pack With the Most Open Jobs in Crypto

6. In 2021, Virtual World NFT Sales Witnessed Their Largest Growth, Generating Over $320 Million in NFT Sales

📝 Highlights From Crypto Reports

Here are the top highlights from the best crypto research reports this week…

The Crypto Intelligence Report: Chiliz

About the Author: Stratmont Brothers is a European crypto investment fund that invests in meaningful disruptive innovations, with an emphasis on Web 3.0, De-Fi, cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. Their mission is to create a better world for our next generations. They are known for challenging long-standing assumptions, predicting macro trends, and identifying early-stage technologies that will reshape the world.

Short Introduction

Chiliz (CHZ) is a blockchain that allows sports and e-sports fans to have unique experiences with their favorite teams. The Socios.com fan engagement platform is built from the ground up on the Chiliz blockchain infrastructure and uses CHZ as its exclusive on-platform currency. Socios.com allows fans to purchase branded Fan Tokens from some of the biggest and most renowned sports teams in the world including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Galatasaray, Atlético de Madrid, among others. Fan Tokens bought on Socios.com allow users to influence their teams via popular vote and become eligible for engagement-based team rewards and recognition. All Fan Tokens are minted using the Chiliz blockchain and all on-platform voting is executed as a series of smart contracts which run through the Chiliz blockchain.

Growth Narrative

Before Chiliz, fans of a team could only interact with it by buying tickets to attend games, or merchandise such as jerseys. It was for example not possible for them to have a say in the strategic choices to be made, or any other matter. Buying shares in a sports organization, especially a large one, is completely out of reach for most fans. The Chiliz project was therefore created to address this problem by implementing a system to facilitate interactions between teams and their fans. Using this system, each fan is able to buy, according to his budget, a certain number of tokens related to his favorite team. Then, all the fans are able to have their say in proportion to the number of tokens held. They are, in a way, micro-shareholders.With the arrival of the FIFA World Cup in Qatar at the end of 2022, Chiliz will be more than ever in the spotlight thanks to the partnerships it has already established and those to come by then. The fans will be in a frenzy and will want to support their national team as much as possible. In addition to showing their support for their team by investing in fan tokens, an asset that can potentially increase in value, the fan also gets voting rights and opinion as well as potential rewards from their team.

Apart from this mid-term perspective of the World Cup, Chiliz plays the long-term game by partnering with e-sport teams, whose potential is becoming more and more apparent. Indeed, videogames in general is a larger industry than Film & Music industries combined; and in 2021, the global e-sports market was valued at just over 1.08 billion U.S. dollars, an almost 50 percent increase from the previous year.

Team & Partners

The Chiliz team is composed of more than 250 professionals and is constantly growing. Among the people leading the project we can mention the CEO Alexandre Dreyfus, a serial entrepreneur who has launched multiple businesses across the travel and entertainment industry, like Winamax, the first French Online Poker Room and Sports Betting website. As the COO they have Emma Diskin, an award-winning marketing & communications professional with extensive, senior-level experience in corporate communications, consumer brand publicity, branded and social media marketing across sport, entertainment, media, and gaming. To carry out the project, one of the most important parts is the technological aspect, where we can mention Thibaut Pelletier, the CTO, an engineer with 18 years of experience in IT.

When it comes to partners Chiliz is not left out. With 120+ partners, it is the world’s leading blockchain fintech provider for sports & entertainment. Thanks to its partnerships in Football with LaLiga, the UEFA, and the Serie A, Chiliz is way ahead of the market and the competition. Even for the competitions for which Chiliz does not have an exclusivity contract yet, many partnerships are already in place with the biggest teams, including the PSG for the Ligue 1, or national teams like Italy or Argentina, to name a few. In addition to football, Chiliz has partnerships with dozens of teams in many sports and areas such as basketball, tennis, gaming, motorsport, etc.

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🎧 Top Crypto Podcasts of The Week

Here are the crypto podcasts that are worth listening to this week...

📈 Top Performers This Week

Here are the top 10 performing digital assets this week, out of the top 100 by market cap.

And here are the top 15 performers in the last week from all tokens with a market cap of $20M+.

The Top Performers This Month from the Top 100: Waves is an L1, THORChain is an Exchange token, Terra is an L1, Anchor is a Yield protocol.

🎨 NFTs of the Week: Our Featured Collection

🎨LuvMonster NFTs - Collect Them Now - Pre-Sale Starting at $5

Here are the featured LuvMonster NFT of the week from our official Coinstack featured artist Mrs. Bubble that you can buy at our special pre-sale prices.

These NFTs are individually hand painted and then digitized for some added magic — with special sound added. We now have 292 unique LuvMonster owners — and the community is growing weekly. The long term plans are to build a trading card game and a stuffed animal collection from these LuvMonster designs. Think Beanie Babies for the 2020s!

For early notification on drops, so you can get them daily at the earliest possible pre-sale prices, join the Discord and the Telegram Channel. We will continue to feature these joyous NFTs here in Coinstack, building the community and collector-base each week.

These are on the Polygon network, so there are no gas fees.

Featured NFT This Week - Limited Pre-Sale Available

Here are the new NFTs launching this week. All of these have been hand painted by the artist and then digitized, with sound and motion added.

  • LuvMonster #102 Pappa Cloudicorn - 6 remaining - Pappa Cloudicorn is from Shenzhen, China. He is married to LuvMonster #83 - Mamma Cloudacorn. They met during a hail storm in the middle of a Prince concert in 2001 in Hong Kong. Together they reign and rain over the worlds, bringing lush greenery. His superpower is mending hearts. <3

Additional Coinstack Sponsors

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🎧 Latest Episodes of The Coinstack Podcast

We have a new Coinstack podcast. So far we’re at 20,165 listens and growing!

Here are the episodes we’ve released so far...

You can listen and subscribe on:

We really appreciate you listening and sharing the link with your friends.

📈 Our Top 30: A Long-Term Crypto Portfolio

Each week we include our top 30 list. If we were creating a portfolio from scratch right now that we didn’t want to touch for 5-10 years, we would be sure to include our top 5: ETH, DOT, SOL, AVAX, & FTM. Here’s our current top 30 for a well-rounded long-term crypto portfolio…

To see which exchanges to buy these on, use Coinmarketcap or Coingecko. We recommend using dollar-cost averaging and holding for a 5-10 year time horizon for any crypto investor as prices can fluctuate a lot in the short term.

💬 Join The Coinstack Telegram Community

Join our Telegram Channel here to chat with our community, ask questions, and learn more about the future of money as we move to a decentralized internet and the creation of a new open global monetary system that works for everyone. We now have over 1700 members on our Telegram.

💬 The People We’re Following Closely on Twitter

📚 How To Get Started With Crypto Learning

📰 The Coinstack Newsletter:

Tracking the most important blockchain stories of the 2020s, including a decentralized internet and the creation of a new open global monetary system that works for everyone. As always, published for informational purposes only. Please do your own research. Just our opinions. Not intended as financial advice as we are not financial advisors. We may be long on many of the digital assets we write about as we believe strongly in the sector. Please do your own research. Published and written weekly by Ryan Allis and Mike Gavela.

The information above does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Further, none of the information here is a recommendation to invest in any securities. Past performance is no guarantee of future results. Any historical returns, expected returns or probability projections may not reflect actual future performance. All investments involve risk and may result in loss.

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