Brian Zwerner is an investor and advisor in sports, media, web3, and fitness. He is a founder at Beyond The Game Network.
NYC NFT 2022 Recap
I was up in NYC for the big annual NFT event last week. There were easily 10K+ people running around NYC at the conference and outside parties/events. They expanded the speaker list from around 500 previously to over 1,500 this year, and many of the conference halls were empty throughout the day. Like many conferences I have attended across multiple industries, the action is in one-on-one meetings outside the official event. I didn’t have a conference badge, and I didn’t need one.This year’s ...
NYC NFT 2022 Recap
I was up in NYC for the big annual NFT event last week. There were easily 10K+ people running around NYC at the conference and outside parties/events. They expanded the speaker list from around 500 previously to over 1,500 this year, and many of the conference halls were empty throughout the day. Like many conferences I have attended across multiple industries, the action is in one-on-one meetings outside the official event. I didn’t have a conference badge, and I didn’t need one.This year’s ...
Top Web3 Headlines This Week 6.24.2022
Here are the top web3 stories from this week. Market Update Another Volatile Week in Crypto Markets 📉 Prices found some stability, but the hits keep coming in the Crypto world. Troubled DeFi platform BlockFi had rumors of cash problems, until FTX stepped up and lent them $250MM. Alameda Research, a Crypto trading firm run by FTX’s founder, also provided a $200MM loan to a Crypto broker called Voyager Digital. A big DeFi lending company attempted this week to liquidate a large Solana position...
Top Web3 Headlines This Week 6.24.2022
Here are the top web3 stories from this week. Market Update Another Volatile Week in Crypto Markets 📉 Prices found some stability, but the hits keep coming in the Crypto world. Troubled DeFi platform BlockFi had rumors of cash problems, until FTX stepped up and lent them $250MM. Alameda Research, a Crypto trading firm run by FTX’s founder, also provided a $200MM loan to a Crypto broker called Voyager Digital. A big DeFi lending company attempted this week to liquidate a large Solana position...
Top Web3 Headlines This Week 6.17.2022
Here are the top web3 stories from this week. Market Update Crypto Markets Hit with Liquidation Fears 📉 Coming off the huge losses from Terra/Luna, the Crypto markets are down big again after two new hotspots flared up this week. The week started with news that DeFi lender Celsius was pausing withdrawals. Things got worse midweek when rumors that a large Crypto trading firm called Three Arrows Capital (3AC) was facing a liquidity crisis. The lack of transparency and poor risk disclosures in ...
Top Web3 Headlines This Week 6.17.2022
Here are the top web3 stories from this week. Market Update Crypto Markets Hit with Liquidation Fears 📉 Coming off the huge losses from Terra/Luna, the Crypto markets are down big again after two new hotspots flared up this week. The week started with news that DeFi lender Celsius was pausing withdrawals. Things got worse midweek when rumors that a large Crypto trading firm called Three Arrows Capital (3AC) was facing a liquidity crisis. The lack of transparency and poor risk disclosures in ...
Top Web3 Headlines This Week
Here are the top web3 stories from this week. New Products Illivium Sells $72MM in Virtual Land 🏠 A blockchain game called Illivium sold 20K parcels of virtual land this week for $72MM in proceeds. The game features “players in an alien world capturing and battling creatures, known as Illuvials.” Not my cup of tea, but still a big step forward for the NFT gaming world. This follows the $320MM sale earlier this year by the Bored Ape community for Otherside, their virtual world. I’ve written a...
Top Web3 Headlines This Week
Here are the top web3 stories from this week. New Products Illivium Sells $72MM in Virtual Land 🏠 A blockchain game called Illivium sold 20K parcels of virtual land this week for $72MM in proceeds. The game features “players in an alien world capturing and battling creatures, known as Illuvials.” Not my cup of tea, but still a big step forward for the NFT gaming world. This follows the $320MM sale earlier this year by the Bored Ape community for Otherside, their virtual world. I’ve written a...
Insider Trading in Web3
Back in March, the U.S. Department of Justice (“DoJ”) brought criminal charges against two creators of a failed NFT project for a “rug pull”. A rug pull is where a project makes lots of promises of future benefits to NFT buyers and then they run off with the proceeds of the sale, pulling the rug out from under the buyer community. At that time, I pointed out that the DoJ chose to prosecute this case without calling the alleged nefarious actions securities fraud, which would have opened the qu...
Insider Trading in Web3
Back in March, the U.S. Department of Justice (“DoJ”) brought criminal charges against two creators of a failed NFT project for a “rug pull”. A rug pull is where a project makes lots of promises of future benefits to NFT buyers and then they run off with the proceeds of the sale, pulling the rug out from under the buyer community. At that time, I pointed out that the DoJ chose to prosecute this case without calling the alleged nefarious actions securities fraud, which would have opened the qu...