The web3 gaming world moves fast. 🚀

Here are 12 updates you may have missed:

August 26, 2024

Welcome to This Week's Edition of The Alchemists Informer!

Weekly Web3 Gaming Update

The web3 gaming world moves fast. 🚀

Here are 12 updates you may have missed:

What To Expect

  • Updates

  • Community Spotlight

  • Opportunity for Creators

  • Job Opportunities

  • Bitcoin Market Analysis

  • Sony Launches Soneium Blockchain: Sony, in collaboration with Startale Labs, has launched Soneium, an Ethereum Layer-2 blockchain aimed at integrating blockchain technology into entertainment, gaming, and finance sectors. The network, which will soon launch on a testnet, utilizes Optimism’s OP Stack to enhance scalability and transaction efficiency.

  • Telegram Founder Arrested: Pavel Durov, founder and CEO of Telegram, was arrested in France on charges related to insufficient moderation on the platform, leading to a significant drop in the value of Toncoin, which fell by up to 18% following the news.

  • "Today the Game" Closed Beta Launch: The closed beta for "Today the Game" is set to launch on August 26, 2024, providing players with early access to test and experience the game's features before its official release.

  • Runiverse Point System Event: Runiverse is launching a special point system event from August 26 to September 7, 2024, designed to engage players with new challenges and rewards, enhancing the overall gaming experience.

  • Project Kyzen Launch: Project Kyzen, developed by Tom Bilyeu, launched on August 22, 2024, featuring a custom Bruce Lee avatar with unique skins and accessories, developed in partnership with the Bruce Lee Family Company to enhance the gaming experience.

  • Nyan Heroes Launches Playtest #3: Nyan Heroes has launched its third pre-alpha playtest, offering early access to Nyan Genesis NFT holders starting August 22, with the full playtest opening on September 4, 2024. This update introduces new classes, a game mode, and a map, alongside an airdrop event distributing 5,000,000 $NYAN tokens.

  • Bright Star Studios Partners with Mantle: Bright Star Studios announced that its MMORPG, Ember Sword, will migrate from Immutable X to the Mantle Network, an Ethereum Layer-2 solution, to enhance player control over in-game assets and simplify onboarding for users.

  • Aethir and Return Entertainment Partnership: Aethir has partnered with Return Entertainment to enhance smart TV gaming by using Aethir's decentralized GPU cloud infrastructure, enabling high-quality, scalable gaming experiences accessible via smart TVs using smartphones as controllers.

  • Tribally to Launch $TRIBAL Token: Tribally is set to launch its $TRIBAL token on September 5, 2024, as part of its efforts to enhance its social-fi platform for gaming, which integrates an economy allowing value transfer among network members.

  • Arbitrum Nova Launches on Dune: Arbitrum Nova, the AnyTrust chain designed for Web3 gaming and social applications, has officially gone live on Dune, enhancing data accessibility and visualization for developers and analysts in the blockchain space.

  • Nexus Interactive Raises $2 Million: Nexus Interactive secured $2 million in an oversubscribed seed funding round led by Animoca Brands and Jump Crypto, aimed at expanding its web3 gaming ecosystem, which includes in-house development, publishing, and AI-powered community growth platforms.

  • Soulbound Raises $4 Million: Soulbound, a web3 social gaming platform, secured $4 million in funding to advance its mission of empowering the creator economy by integrating GameFi and SocialFi elements, with plans to enhance social interactions and expand gaming partnerships.

The Alchemists Community Spotlight

⚡ First Look: Exclusive Opportunity for Creators ⚡

Exclusive Opportunities for Creators. Newsletter subscribers see this first

We have an exclusive opportunity for creators that have at least 3k followers. If you don’t have 3k followers but know someone who does, or if you can recruit someone that does, reply to this newsletter or reach out in The Alchemists Discord (Link below).

The Boss Fighters team is giving partnered guilds leverage for recruiting creators while spreading awareness of their game. For creators with over 3k followers on Twitch, the Boss Fighters team will give the streamer a Legendary Showrunner Contract (equivalent to Legendary Time Warden in Big Time) and they'll provide a pool of 10 random Boss/Fighter nft skins to be given away during the stream. There's also opportunities for posts on X.

Boss Fighters is going through our guild to announce this to help us recruit creators.

If you can recruit a creator that can fulfill these requirements and have them join The Alchemists Discord, rewards may be available to you as well.

If you're interested, we'd love to talk further to give you more details.

💼 Web3 Gaming Job Opportunities

  • Aethir: Web3 Gaming Partnerships Manager, Remote Apply

  • PTW: Video Game Tester, Charleston, South Carolina, USA - Apply

  • Sony Interactive Entertainment PlayStation: Game Test Analyst – Live Services / Online Multiplayer, San Diego, CA, USA - Apply

  • Sui Foundation: General Application, Remote - USA - Apply

Websites to Continue Your Job Search

Key Predictions for Bitcoin: A Crucial Week Ahead (Eric Krown Youtube Summary)

As the crypto market braces for another pivotal week, Bitcoin finds itself at a significant crossroads. The upcoming days are crucial, with several key levels and indicators poised to determine the next major move in Bitcoin's price action. Let's delve into the critical factors that will shape Bitcoin's trajectory in the short term.

Weekly and Daily Levels to Watch

Bitcoin recently closed above the median level on the HPDR (Historical Price Distribution Range) for the first time since March/April, marking a positive sign for the bulls. However, the week began with Bitcoin opening below this crucial median level, currently at $65,000. For the bullish sentiment to remain intact, Bitcoin must close this week above $65,000. Failure to do so could signal a shift in momentum, putting the bulls at risk of losing control.

On the daily time frame, the red line at $62,750 is another critical level. A daily close below this level would be a major warning signal, potentially triggering a downward move. A test of this level seems likely, and the outcome will be pivotal in determining whether Bitcoin continues its upward trend or faces a more significant pullback.

Historical Patterns and Probabilities

Analyzing historical data, Mondays have shown a tendency to close positively, with a 65% likelihood of ending the day in the green. However, should Bitcoin close negatively, it would typically shave off about 2.41% from its price. This puts the $62,750 level at the forefront of this week's analysis. If Bitcoin manages to hold above this level, it could pave the way for a bounce back above $66,350, another key resistance point.

On the other hand, failure to maintain these levels could lead to a deeper correction, potentially testing the low $60,000 range before any further upside movement.

Stochastic Momentum and Moving Averages

The weekly stochastic momentum pivot is currently positioned at $67,500. Bitcoin needs to close above this level by the end of the week to maintain positive momentum. Falling short of this mark would not be a death knell but would certainly raise concerns about the sustainability of the current bullish structure.

Moreover, the five-day exponential moving average (EMA) is another important metric to watch. Bitcoin closed above this EMA last week, favoring the bulls. Typically, a trending move above or below this moving average is followed by a retest. For this week, the EMA stands at $62,500. A retest and subsequent bounce from this level would reinforce the bullish outlook, while a failure could lead to a more bearish scenario.

Long-Term Setup and Potential Targets

Looking beyond the immediate term, the confluence of the five-day and weekly setups suggests a larger move could be on the horizon. If Bitcoin manages to maintain closures above the five-day EMA, this could set the stage for a significant rally. A 30% move to the upside would target the $88,000 mark, aligning with the top side of the 382 level on the weekly HPDR.

While this scenario is unlikely to unfold within the week, it is worth keeping an eye on as it indicates potential targets in the weeks to come, provided Bitcoin sustains its bullish posture.

Conclusion

This week is shaping up to be a decisive period for Bitcoin. Key levels at $65,000, $62,750, and $67,500 will determine whether the bulls can maintain their grip or if a deeper correction is on the cards. Historical patterns and momentum indicators provide a mixed outlook, but the overall structure suggests that if Bitcoin can navigate these critical levels, a more substantial rally could be in the making. Traders and investors should remain vigilant, as the next few days will likely set the tone for Bitcoin's direction in the near term.

Not Financial Advice. DYOR

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The Alchemists Guild

Are you passionate about web3 gaming? At The Alchemists, we strive to do good by creating an inclusive and supportive community for gamers, developers, and content creators. We partner with industry names to provide our members with exclusive playtests, opportunities, and the latest updates. Join us to test new games, give feedback, and shape the future of web3 gaming. Here are just a few reasons why joining our guild is the best decision you'll make:

  1. Get in Early: Be a pioneer in our guild. Join us and be a part of our exciting development journey from the ground up.

  2. Ambitious Core Team: Our passionate and accessible core team is always at your fingertips. Have an idea, question, or suggestion? We're here to listen and collaborate.

  3. #1 Boss Fighters Guild: We're not just any guild; we're THE guild for boss fighters. Sharpen your gaming skills alongside the best.

  4. Unlock Your Potential: Whether your passion lies in gaming, AI, tech, entrepreneurship, streaming, or content creation, we're all about ambition. We're here to share our knowledge and help you unleash your full potential.

  5. Expert Guidance: As a new guild, we offer valuable perks like logo creation, content creation tool explanations, and editing tips – both new and experienced.

  6. Streaming Support: Need help with streaming tools like OBS and editing software? We've got you covered. We'll even edit your first few videos if you aspire to become a content creator.

  7. Act Now: While free logos and editing are fantastic perks, they won't last forever. As our guild grows, demand will rise. So, seize the opportunity now and become a part of The Alchemists Guild – where gaming, tech, and ambition meet in perfect harmony. Join us today! 🎮💡

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May your strategies always lead to victory,

Until we meet again in the gaming realm,