Sharding Weekly: ZAP has launched on Base, creating a new token distribution method

Author: chung

Shard Labs is an organization focused on promoting and accelerating Web3 projects, dedicated to identifying high-quality projects through research and development, and continuously promoting them by crafting compelling narratives. Sharding Capital is the investment arm of Shard Labs.

Welcome to issue 43 of Sharding Weekly, highlighting news, narratives, and primary market fundraising!

Highlights

The Puff Dragons NFT collection has been listed on Element; holders may receive allocations of Cook

You can now earn iBGT on Infrared's testnet

ZAP has launched on Base, introducing a new token distribution mechanism

Unlock creative potential: Heurist ai explains how AI is revolutionizing pixel art game development

You can deposit Pump $pumpBTC into Fuel to earn points and native yield from the Babylon chain

Entanglefi created a simple chart explaining how Gorplescoin’s bridge uses Photon messaging

News

Taiwan's stock market faces its worst drop since 1967, echoing similar turmoil in Japan, which hasn't seen such a decline since 1987

Despite the market crash, BlackRock, Fidelity, Grayscale, and MicroStrategy have not sold their Bitcoin holdings

Capula Management, Europe’s fourth-largest hedge fund, discloses $500 million in spot holdings

Arthur Hayes on elections and Bitcoin: "Trump or Harris, it doesn’t matter"

A white-hat hacker reported a vulnerability in the Ronin Bridge, saving nearly 4,000 ETH

BlackRock files for a spot Ethereum ETF

Donald Trump Jr. says: "We're about to shake up the crypto world with something huge"

Michael Saylor states he personally holds over $1 billion worth of Bitcoin

Ethena Labs adds support for Solana, bringing their synthetic USDe dollar to Solana

Judge rules that XRP trading on crypto exchanges is not a securities offering—Ripple wins partial victory

The U.S. Federal Reserve charges Customers Bank fees related to digital asset activities

Putin signs law legalizing cryptocurrency mining in Russia

Judge approves $12.7 billion settlement between FTX and CFTC, ending 20-month litigation

Sizechad, a promoter within Arbitrum's Ethereum L2 ecosystem, promotes scam token $RTR, reaching a $150M market cap

Regulators delay listing decision for Hashdex Nasdaq Crypto Index ETF

OKX CEO reiterates any account interacting with sanctioned entities will be blocked

Celsius sues Tether demanding repayment of $2.4 billion worth of Bitcoin

The IRS releases an updated draft of Form 1099-DA, which will be used starting in 2025 to report gains from broker transactions.

Maker plans to deprecate WBTC due to changes in Bitgo's custodial role

Gemini joins Coinbase in opposing CFTC’s proposal that could ban prediction markets

Narratives

Revisiting how DeFi and Curve handled the nuclear bomb dropped on the market

Why did the market crash?

Yen carry trade and its consequences

Everything you need to know about oracles

Everything you need to know about RaaS

Token Migration 101

Thoughts on Jump allegedly exiting crypto

New economic models for Dapp tokens: how to generate cash flow

The next big leap in AI?

Why $ETH is still fundamentally overvalued

ZK market map

Chain abstraction market map and ecosystem overview

First BTC L2 shared network ownership: GOATRollup

Polymarket: A successful case study focused on elections

History repeating itself?

Lack of narrative → Create new narratives

Primary Market

GameFi

Cartridge gg - Raises $7.5M in Series A funding led by BITKRAFT VC

0xcurio - Raises $5.7M ($8.7M total) in seed round led by BainCap Crypto and SevenX Ventures

Moonveil Studio raises $3.6M ($9M total) in Series A led by TheSpartan Group

Pentagon GamesXP - Raises $6M in seed funding

DeFi

elmnts raises $2M in Pre-Seed funding

zothdotio raises $4M in strategic round

Solayer Labs receives investment from Binance Labs

VesselFinance raises $10M in seed funding

quantlytica completes $1.09M private sale (total)

Blockchain Infrastructure

Khalani Network raises $2.5M in seed round led by Ethereal VC

DeAgentAI raises $6M in Seed round

buildnexio raises $2.2M in Pre-Seed round led by Lattice Fund

Blockchain Services

Andrena wifi raises $18M in extended Series A led by Dragonfly

UniWorlds io receives investment from Unisat Wallet

Blockscoutcom raises $3M in seed round led by 1kxnetwork

TONX Studio raises $4M in funding co-led by Snzholding and SummerEverest

375ai completes $5M Seed round

Chains

Lyncworld raises $1.5M in Pre-Seed funding

Shard Labs is an organization focused on promoting and accelerating Web3 projects, dedicated to identifying high-quality projects through research and development, and continuously promoting them by crafting compelling narratives. Sharding Capital is the investment arm of Shard Labs.

Shard Labs offers marketing, KOL outreach, project financing, and other services, supporting blockchain startups in a forward-thinking way. Team members come from the Middle East, South Korea, Japan, China, and Europe. With a professional team, deep industry experience, and extensive resources, Shard helps projects stand out in the Web3 space and gain wider recognition among industry professionals.