📦 Web3 Takes the Las Vegas Strip for CES '23 | Weekly Parcel Delivery

January 06, 2023

The Front Page of the Metaverse 📰

Special Announcements

🎉 New Year, New Us. We're entering 2023 feeling more energized than ever before. Our calendar is stacked with exciting product announcements, deep dives into the state of the industry, and even a new newsletter format (more on that next week). From the Parcel team, we hope you had a safe and joyous holiday season!

What's News?

🛍 Brand New World: CES Edition

This week, the world of tech descended upon Las Vegas for the annual Consumer Electronics Show. For the first time in the show's history, the metaverse and Web3 had a dedicated section at the show, and we've got you covered with the headlines...

🧑‍💻 Accenture: Business and Consumer Interest in the Metaverse Continues to Grow. The global consulting and financial services firm released a report noting that the metaverse as a creator economy and tool to enhance day-to-day tasks is expected to fuel a $1 trillion commerce opportunity by the end of 2025.

🎤 Mastercard Launches Web3 Incubator for Emerging Artists. The financial services powerhouse revealed at CES that they will help five up-and-coming musicians, DJs, and producers build Web3 brands in partnership with Polygon. The Mastercard Artist Accelerator will launch this spring.

📺 Smart TVs Offer a Window into the Metaverse. TV manufacturers like LG and Samsung are ensuring they're not left out of the Web3 party, using CES to reveal upgrades to existing NFT wallet capabilities. In the case of LG, the South Korean company announced new TVs will feature integration with Oorbit, billed as a “doorway to 3D interactive worlds.”

World News

👌 Illuvium Releases Game Three: Zero. Today, gaming studio Illuvium released an alpha version of their newest title, Illuvium: Zero. The alpha is open to the roughly 6,500 holders of Illuvium land NFTs on mobile and PC. A building game where players can develop and manage their "digital industrial complex," Zero joins the studio's two existing games – monster battler Illuvium: Arena and open world Illuvium: Overworld.

🕵️ Animoca Sets Out on a Web3 Fundraising Quest. Animoca Brands co-founder Yat Siu revealed that the company is looking to raise around $1B this quarter for its new investment fund to support blockchain and metaverse startups. Despite challenges presented by a global economic slowdown and FTX scandal that impacted a dozen of Animoca's portfolio firms, Siu revealed on a Twitter Space this week that he remains optimistic that capital and interest in crypto remain.

⚔️ Final Fantasy Creator Doubles Down on Blockchain Games. In a letter outlining 2023 priorities, Square Enix—the company behind legendary video games franchises including Final Fantasy and Kingdom Hearts—reinforced that blockchain gaming will make up a significant part of the company's investment strategy. The company made several notable moves in the space last year, capped by a $52.7M investment into mobile game developer Gumi Games to help develop mobile play-to-earn titles.

📚 Learn The Metaverse

Where will 2023 take gaming, digital assets, hardware, UX, and AI?

🤑 This Week's Top 3 Virtual Land Sales

Fiat value in USD at time of sale. Last updated January 6.

📈 Market Movements

7-day token price change

📌 $ETH +6%

⬆️ $AXS +14% (Axie Infinity)

⬆️ $APE +12% (ApeCoin)

⬆️ $MANA +11% (Decentraland)

⬆️ $IMX +10% (ImmutableX)

⬆️ $SAND +10% (The Sandbox)

⬆️ $WILD +5% (Wilder World)

⬆️ $ILV 0% (Illuvium)

Prices as of January 6.

😃 Want More?

Connect with us on other channels beyond your inbox!👇

🌐 Website

👋 Discord

🐦 Twitter

The above references opinions and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.