Edgen Crypto·Nov 06 2025, 03:59
[1] Bitget Daily: Monad plans to release mainnet and native token MON on November 24, US government shutdown may delay crypto market structure legislation to 2026 (https://www.techflowpost.com/article/detail_2 ...)[2] Monad Sets Mainnet Launch and Airdrop for November 24 - Bankless (https://vertexaisearch.cloud.google.com/groun ...)[3] US government shutdown complicates crypto market structure bill's path forward | The Block (https://vertexaisearch.cloud.google.com/groun ...)
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Nov 06 2025, 02:59
City Protocol and Mocaverse Launch $MOCASTR to Tokenize IP and Drive NFT Market Growth
## Executive Summary City Protocol and Mocaverse have officially launched **$MOCASTR**, a tokenized strategy asset, marking a significant development in the financialization of intellectual property (IP) within the Web3 ecosystem. This collaboration aims to establish a self-sustaining financial cycle for high-value IP assets. Following its launch on the **Solana** blockchain on October 29, 2025, the initiative resulted in a 15% increase in the **Mocaverse NFT** floor price within 48 hours and delivered an annualized yield of approximately 20% in its first operational cycle. ## The Event in Detail **Mocaverse**, initially an 8,888 PFP NFT collection, has evolved into a comprehensive ecosystem encompassing **Mocas NFT**, **Moca ID**, and the **Realm Network**, alongside the **Moca** token. With approximately 1.5 million minted Moca IDs, Mocaverse’s mission is to foster interoperability across the Web3 space. **City Protocol** has been at the forefront of "on-chain IP financialization," developing the Digital Asset Treasury (DAT) architecture. Backed by investments from **Jump Crypto**, **Dragonfly**, and **CMT Digital**, City Protocol aims to cultivate a $100 billion IP capital market on the blockchain. The **$MOCASTR** token operates through a strategy-driven treasury mechanism. It implements a 2.5% transaction fee, which is then utilized to fund **NFT** buybacks and resales. This model generates profits for token holders and provides direct cash flow support for the token's value. In its inaugural cycle, the treasury successfully completed the buyback of 40 **Mocaverse NFTs**, directly contributing to the notable increase in the collection's floor price. ## Market Implications This initiative introduces a structural innovation to **NFT** markets, directly addressing the prevalent liquidity challenges faced by digital assets. By enabling **IP** assets to generate continuous value through on-chain financial mechanisms, **$MOCASTR** facilitates a shift from short-term speculation to long-term value accumulation for projects like **Mocaverse**. The model presents a potential new paradigm for **Web3 IP**, moving beyond static speculative assets towards sustainable, revenue-generating economies. The success of **$MOCASTR** could pave the way for broader corporate adoption of similar tokenization strategies for intellectual property. ## Expert Commentary Tyler Durden, Head of **Mocaverse**, has emphasized the project's philosophy, stating, "We believe the project's NFT holders are also its co-founders," highlighting a community-centric approach. The collaboration between **Mocaverse** and **City Protocol** strategically positions **Mocaverse** as the cultural asset and market draw, while **City Protocol** provides the algorithmic engine and capital management infrastructure. Future directions for **City Protocol** include optimizing strategy treasury execution parameters, enhancing cross-IP collaboration capabilities, and increasing on-chain governance participation. ## Broader Context **City Protocol** envisions a comprehensive ecosystem for **IP** growth, encompassing verification, growth engines, and on-chain launchpads, with an ultimate goal of unlocking trillions in value by decentralizing **IP** management. Its AI-driven growth scaling engine, powered by tools such as **City ID**, **Viral City**, and **The Totem Toy City**, is designed to amplify **IP** impact, drive viral distribution, and extend virtual IPs into real-world brands. While the **Web3** space continues to navigate regulatory uncertainties and challenges in protecting **IP** rights on decentralized networks, City Protocol's framework aims to provide a structured and financially viable solution. This is further underscored by **Mocaverse**'s partnership with **SK Planet**, aiming to onboard 28 million KYC'd members to **Web3** by integrating **Mocaverse**'s Realm SDK into **SK Planet**'s digital ecosystem.
Nov 06 2025, 02:45
Opinion Protocol Launches Mainnet on BNB Chain, Attracting Over 100,000 Registrations
## Executive Summary Opinion, a prediction market protocol, has successfully launched its mainnet on the BNB Chain. Backed by YZi Labs, an investment firm with ties to Binance, the platform rapidly acquired over 100,000 registrations within two hours, establishing itself as a significant player in the decentralized event trading sector. ## The Event in Detail Opinion's mainnet has officially commenced operations on the **BNB Chain**, initially inviting a select group of core community members to participate in trading. This selective access includes whitelisted users, alongside the introduction of a comprehensive rebate and points system. The protocol aims to construct a decentralized event trading layer on **BNB**, incorporating AI-driven functionalities. This strategic launch quickly propelled Opinion to become the third-largest prediction market, demonstrating substantial early-stage adoption and market interest. During the week of October 27, 2025, Opinion Labs attracted $748.8 million in notional volume, becoming the only prediction market besides Kalshi and Polymarket to exceed $700 million in weekly trading volume. ## Business Strategy & Market Positioning Opinion Labs, backed by **YZi Labs** and Limitless, positions itself to challenge the duopoly of established prediction market platforms such as **Kalshi** and **Polymarket**. While **Polymarket** excels in liquidity through structured rewards and **Kalshi** leads in regulatory compliance as a licensed event exchange, Opinion Labs distinguishes itself with gamified incentives and community-driven engagement. The platform distributes weekly point pools to participants, rewarding consistent interaction and community activity, which fosters strong early-stage participation and maintains accessible entry barriers for Web3 users. This approach aims to bridge the gap between regulated Web2 platforms and decentralized Web3 ecosystems. ## Broader Market Implications The launch of Opinion on the **BNB Chain** is poised to drive increased activity and attention to the ecosystem, potentially fostering wider adoption of prediction markets and enhancing the value proposition of the **BNB** token. **YZi Labs**, formerly known as Binance Labs, announced a $1 billion Builder Fund on October 8, 2025, to support early-stage founders within the **BNB** ecosystem, with a focus on projects integrating Web3, AI, and biotech. This investment aligns with **BNB Chain**'s broader mission to make AI more accessible, as evidenced by collaborations like WORLD3 and 4AIBSC in creating a decentralized AI marketplace. Opinion's integration into this evolving ecosystem could further stimulate innovation in decentralized event trading. However, the broader Web3 landscape also faces challenges, including widespread contract breaches among projects, with Chainalysis estimating that almost 15 percent of new projects in 2025 have not fulfilled their promised token unlocks. CoinTelegraph reports that only 20 percent of Web3 projects perform independent smart contract audits before launching, exposing investors to risks. ## Expert Commentary Market analysts note that the rapid traction gained by Opinion Labs underscores a growing demand for decentralized prediction markets that combine user engagement with robust underlying technology. The platform's strategy of leveraging gamified incentives to attract and retain users is seen as a key differentiator in a competitive landscape dominated by platforms prioritizing liquidity or regulatory compliance. Its integration within the **BNB** ecosystem, supported by **YZi Labs**' strategic investments, positions it to capitalize on the convergence of Web3 and AI technologies. The success of such platforms, however, remains contingent on maintaining trust, transparency, and addressing the inherent risks associated with smart contract vulnerabilities and unfulfilled project promises prevalent in the broader crypto market.
Nov 06 2025, 01:29
Ripple Secures $500M, Metaplanet Leverages Bitcoin, Amidst HyperLiquid Liquidations
## Executive Summary Ripple Labs completed a **$500 million** funding round, Metaplanet secured a **$100 million** Bitcoin-backed loan, and **HyperLiquid** experienced significant liquidations, underscoring dynamic shifts in the cryptocurrency market. ## The Event in Detail **Ripple's Strategic Capital Infusion** **Ripple**, a crypto payments startup, announced the completion of a **$500 million** funding round, elevating its valuation to **$40 billion**. The investment was led by funds managed by affiliates of **Fortress Investment Group** and **Citadel Securities**, with participation from **Pantera Capital**, **Galaxy Digital**, **Brevan Howard**, and **Marshall Wace**. This capital infusion brings Ripple's total funding to nearly **$800 million** since its inception in 2012. The company aims to accelerate global expansion, enhance product development in areas such as custody, stablecoins, and prime brokerage, and pursue strategic acquisitions, aligning with its vision to become a major financial services provider in the crypto industry. Ripple's **RLUSD** stablecoin has already surpassed a **$1 billion** market capitalization in its first year, supporting institutional blockchain growth. **Metaplanet's Bitcoin-Backed Treasury Expansion** Tokyo-listed **Metaplanet**, a Bitcoin treasury company, secured a **$100 million** Bitcoin-backed loan, drawing from a **$500 million** credit facility established in late October. This financial maneuver utilizes its existing Bitcoin (BTC) holdings as collateral for short-term financing. The funds are earmarked for expanding its **Bitcoin** treasury and executing a **¥75 billion** (approximately **$500 million**) share repurchase program. Metaplanet reported a substantial holding of **30,823 BTC**, valued at approximately **$3.5 billion** as of October. The company utilized only **3%** of its Bitcoin assets as collateral for the **$100 million** loan, maintaining a conservative loan-to-value ratio. This strategy is part of Metaplanet's broader ambition to increase its **BTC** holdings to **210,000 BTC** by 2027 and aims to enhance the Bitcoin exposure per share for investors. **Solana Company's Share Repurchase Program** **Solana Company (HSDT)** approved a **$100 million** stock buyback plan for its common shares listed on the **Nasdaq**. This open-ended repurchase program allows the company to acquire shares in the open market and through negotiated transactions. The initiative is intended to narrow net asset value (NAV) discounts, support share prices, and maximize **SOL** per share accumulation for investors. The company's shares were trading at **$4.79**, having experienced a decline of more than **70%** over the past month. This action aligns with a growing trend among companies with significant digital asset treasuries to leverage these assets for corporate finance strategies. **HyperLiquid's Major Liquidations** The **HyperLiquid** exchange witnessed significant market volatility, resulting in **$10 billion** in liquidations within a 24-hour period. Six high-leverage contract whales on the platform experienced substantial losses, with an average loss exceeding **$40 million** per individual. Notable examples include James Wynn, who lost a **$21.77 million** principal after reaching a peak profit of **$87 million**, and the "Insider Whale," who lost a **$3 million** principal after a peak profit of **$26 million**. Another trader, AguilaTrades, utilized a **$37.62 million** principal and achieved a peak profit of **$41.7 million**. The "Rolling Long Whale" saw a **$125,000** principal generate a **344x** return, reaching a **$43 million** peak profit before liquidation due to a market reversal. This event was exacerbated by factors such as high leverage, low liquidity, panic selling, and significant slippage, including Bitcoin prices collapsing to **$110,000** with over **5%** slippage on **$1 million** trades. In total, more than **11.6 million** traders were liquidated, and **$19 billion** in positions were lost. **Monad's Anticipated Mainnet Launch** **Monad** is scheduled to launch its Layer 1 blockchain and native token on November 24th at 9 a.m. ET. Founded in 2022, Monad has raised **$225 million** to develop an EVM-compatible network designed to address scalability limitations. It aims for a throughput of up to **10,000 transactions per second (TPS)** with sub-second finality, utilizing optimistic parallel execution and a custom Byzantine Fault Tolerant consensus mechanism. The public network launch and an associated community airdrop are highly anticipated events within the crypto ecosystem. **Other Market Developments** **Stable**, a stablecoin public chain, announced the second phase of its pre-deposit campaign for November 6th, accepting up to **$500 million** in USDC deposits to be converted into new USDT on its network. **Intuition** confirmed that claims for its **TRUST** token airdrop are now open. Furthermore, the "MEET48Best7" Web3 voting event is underway, alongside the upcoming Token Generation Event (TGE) for **Luxxcoin** on November 24th, 2025, and the V1 rollout for **Mutuum Finance** in Q4 2025. ## Market Implications The recent activities highlight a bifurcated market environment: robust institutional and corporate engagement contrasted with significant retail trading risks. **Ripple's** substantial funding and ambitious expansion plans underscore growing institutional confidence in the underlying technology and its potential for broad financial integration. Similarly, **Metaplanet's** and **Solana Company's** strategic use of digital asset treasuries for balance sheet management and shareholder value creation indicates a maturing trend in corporate finance, echoing precedents in corporate Bitcoin treasury management where companies utilize **BTC** as a strategic reserve asset and for capital allocation strategies like share buybacks. Conversely, the widespread liquidations on **HyperLiquid** serve as a stark reminder of the inherent volatility and risks associated with high-leverage trading in cryptocurrency markets. Such events can trigger broader market corrections and affect investor sentiment, particularly for those utilizing substantial leverage. The upcoming launch of **Monad's** mainnet represents continued innovation in Layer 1 blockchain scalability, potentially attracting new decentralized applications and further expanding the Web3 ecosystem by offering high-throughput, EVM-compatible infrastructure. ## Broader Context The confluence of these events paints a picture of a dynamic and evolving digital asset landscape. The increasing adoption of digital assets by publicly traded companies like Metaplanet and Solana Company for treasury management and capital allocation reflects a strategic shift, recognizing **Bitcoin** and other cryptocurrencies as legitimate financial instruments. These strategies aim to enhance shareholder value by increasing per-share exposure to digital assets and managing capital efficiently. Simultaneously, the sustained development of high-performance blockchain networks like **Monad** signifies continuous efforts to overcome technological barriers and expand the utility and accessibility of decentralized technologies. The market, however, remains susceptible to sharp corrections, particularly in highly leveraged segments, necessitating cautious participation despite growing institutional interest.