Web3 gaming and entertainment company Metatheory has raised $24 million

The funding round was led by Andreesen Horowitz, with Pantera Capital, FTX Ventures, Dragonfly Capital, and others participating.

👉 decrypt.co/100580/twitch-co-founder-kevin-lin-24m-web3-gaming-metatheory

TOP-13 BNB CHAIN ECOSYSTEM PJTs BY DAILY NETWORK GROWTH

Network growth - a number of new addresses that transferred a given token for the first time.

Ethereum-based Not Okay Bears NFT project has been launched today

Not Okay Bears is a new Ethereum NFT project that uses reversed artwork from Solana’s Okay Bears project.

👉 decrypt.co/100591/ethereum-okay-bears-nft-knockoff-solana

TOP-11 ERC-20 GAINERS BY 24H TRADING VOLUME

Presenting ERC-20 PJTs with the highest percentage increase of Trading Volume within the last 24H.

BitMEX launches Spot Crypto Exchange

Founded in 2014, BitMEX has never offered spot crypto trading till now. At launch, the exchange supports seven pairs including BTC, ETH, LINK, UNI, MATIC, AXS, APE, USDT.

👉 cointelegraph.com/news/bitmex-launches-spot-crypto-exchange-following-30m-penalty

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 3.0% and added 1.0% in the last 7D
🔹 Bomber Coin $BCOIN grew by 62.3% and led the NFT Gainers Rank
🔹 IDEX $IDEX gained 66.6% and headed the DeFi Gainers Rank

TOP-8 PJTs WITH 24H TRADING VOLUME EXCEEDING THEIR MARKET CAPITALIZATION

The infographic shows the highest level of token liquidity and the huge demand for $RARE, $QI, $ONSTON, $TLM, $IDEX, $SKILL, $BIN, and $CHESS that overcame the current market cap of the tokens

Partisia Blockchain has partnered with NGO red.org and Binance NFT’s to support people’s access to life-saving vaccines

Purchased RED's NFTs will give users guaranteed, early access to Partisia Blockchain's public sale to secure their allocations.

👉 red.partisiablockchain.com/

TOP-11 DEFI PJTs BY UNDERVALUATION INDEX (UI*)

*UI is a Market Cap to 24H Trading Volume ratio. The lower the UI, the more the PJT is undervalued.

Presenting the most undervalued PJTs among DEFI PJTs.

Coinbase expands features for DApps use

This additions will allow Coinbase App users to access Ethereum-based DApps (OpenSea, Uniswap, etc.) directly from the Coinbase App.

👉 coindesk.com/business/2022/05/16/coinbase-expands-features-allowing-some-app-users-to-access-ethereum-based-dapps/

MEME MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the MEME market occurred:
🔹 Market Cap decreased by $5.1B down to 19.7B
🔹 WallStreetBets $WSB gained 36.2% and got 1st place in the Top Weekly Price Gainers.
🔹 Baby Doge $BABYDOGE got 1st place in the Top-5 PJTs by Galaxy Score

TOP-11 METAVERSE PJTs BY RELATIVE INCREASE OF TRADING VOLUME

Relative Increase of Trading Volume is a percentage ratio of 24H Trading Volume to Average Daily Trading Volume within the last 30 days.

Coppola-backed Decentralized Pictures launches Web3 film funding platform

The application is to go live during the Cannes Film Festival on May 20 with a documentary film award. Two winning projects will receive up to $50,000 each in finishing funds, alongside mentorship from the Decentralized Pictures Foundation and The Gotham.

👉 decrypt.co/100622/coppola-backed-decentralized-pictures-launches-web3-film-funding-platform

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on May 18th.

Universal Music Group has signed a deal with LimeWire

The major music label behind Taylor Swift, U2, Kendrick Lamar, and BTS will let artists drop NFTs on the new Web3 version of LimeWire, which announced its own NFT marketplace on Algorand.

👉 decrypt.co/100704/universal-music-group-nfts-limewire-algorand-marketplace

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 1.4% and lost 3.2% in the last 7D
🔹 Niftyx Protocol $SHROOM grew by 31.1% and led the NFT Gainers Rank
🔹 IDEX $IDEX gained 45.4% and headed the DeFi Gainers Rank

Getty Images, the stock photo powerhouse, to launch the first NFTs on Palm through Candy Digital

Getty Images will draw from its collection of over 465 million images, including 135 analog photographs, with a focus on turning never-before-seen archival works into NFTs.

👉 decrypt.co/100681/getty-images-to-launch-first-nfts-on-palm-through-candy-digital

TOP-11 PJTs WITH MARKET CAP FROM $200M TO $250M BY UNDERVALUATION INDEX (UI*)

*UI is a Market Cap to 24H Trading Volume ratio applied to PJTs with a similar Market Cap. The lower the UI, the more the PJT is undervalued.

TOP-13 DEFI GAINERS BY DAILY SOCIAL VOLUME GROWTH

Introducing DeFi PJTs with the highest level of daily social volume increase and positive 7D and 30D social volume tendency, showing increased and stable interest to the PJTs.

Robinhood is launching DeFi wallet

The new wallet will be a standalone application from Robinhood's existing crypto platform and function similarly to other non-custodial wallets like MetaMask.

👉 theblockcrypto.com/linked/147333/robinhood-launches-defi-wallet-to-rival-metamask

TOP-13 METAVERSE PJTs BY EXCHANGE IN/OUTFLOW

Exchange inflow - percentage of tokens are moved from non-exchange to exchange wallets out of a total token flow.
Exchange outflow - percentage of tokens are moved from exchange to non-exchange wallets out of a total token flow.