9) Our CSO @Zcryptokid ft. in @business: “It creates a significant blow. If you don’t have strong liquidity & stable on & off ramps, then it is difficult for capital to flow & it adds friction into a system that is unfortunately going to affect consumers.”
https://t.co/4DqfbPAj3C
Fortunately, SDM is set up with alternative banking relationships. We can help you with on-ramp/off-ramp solutions. Reach out to us at [email protected]
Meanwhile at SDM we're more than happy to take USD deposits, with around-the-clock white glove service and superior execution. Schedule a call with us today!
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Status of crypto & NFT adoption by game studios:
Steam - Banned
Microsoft - Banned
Rockstar Games - Banned
Epic Games (of Fortnite) - Launches Metaverse programming language Verse
@jonahblake@yugalabs What do you see as a fair valuation after the first 450m raise led by @a16z resulted in a $4b valuation?
Additionally, first raise was done in a different market landscape both from a market cap perspective of Yuga assets as well as the VC landscape shifting away from Metaverse
Overall, the state of venture capital in the crypto space is one of cautious optimism, with firms looking to invest in strong teams and innovative projects that have the potential to drive the industry forward.
The state of VC in the crypto space. A 🧵:
The crypto space has seen a surge in venture capital investment in recent years, with many firms now dedicating a significant portion of their portfolios to blockchain and cryptocurrency projects.
Despite the risks, many VCs remain bullish on the long-term potential of the crypto space, citing the ongoing development of the underlying technology and increasing mainstream adoption as reasons for optimism.