We are running into a final rush of a key year for the industry with many washouts that most sees as healthy for a young market as it is the digital assets one.
Over the last three days one of the largest global crypto exchanges, FTX, has collapsed, halting client withdrawals and rumoured to have a material shortfall in client funds in the magnitude of $5-$10bn+.
At Algo Capital Millennials Multi Strategy fund, one of the key narratives that guide our investment strategy is Web3 Gaming. With this definition we group those business models and blockchain technologies that, combined, are deeply innovating the gaming industry.
With this newsletter, we aim to provide a framework to understand the evolution of the gaming industry and how the incorporation of blockchain technologies is bound to disrupt the industry.
One of the most anticipated events in the history of the digital asset industry took place on September 15th 2022 – The Ethereum Merge. This is expected to bring about a host of emerging investment narratives for crypto’s second largest asset by market cap and largest smart contract platform. With this letter, we aim to provide key information related to The Ethereum Merge.