Before I started this account, I applied for a position in the Web3 department at Adidas.I never received a response, and I don't think that department even exists anymore. Was during the NFT run, different times...Anyway, looking back it was obviously a good thing that it didn't work out, because it forced me to find another path.Good news is that there are many different paths available in crypto, you just gotta find yours ...

Web3 Adoption - Over 170 banks are developing Web3 services [1] - The "Strategic Entry into Web3 for Banks" report by FORMULA by Cointelegraph highlights this trend [1] - The study benchmarks maturity across nine streams, including custody and RWAs (Real World Assets) [1] Industry Leaders - DBS, Citi, Standard Chartered, and JP Morgan are identified as leaders in Web3 adoption among banks [1]

Core Insights - VeChain's treasury has significantly decreased, ending Q2 2025 at $167 million, a 23.5% drop from the previous quarter, reflecting the challenges faced by the project [1][4] - The price of VET has plummeted 92% from its all-time high, indicating substantial market pressure despite some recovery in other cryptocurrencies [1][9] - Adjustments in tokenomics and strategic initiatives are expected to help VeChain regain growth momentum [1][6][10] Financial Overview - The VeChain Foundation's Q2 2025 financial report shows a stark contrast in treasury value, which was $218.5 million at the end of Q1 2025, down from Q4 2024 due to unfavorable market conditions [2][3] - The decline in treasury value is attributed to significant drops in VET (down 48.16%), ETH (down 46.19%), and BTC (down 11.13%) [3] - Despite a market recovery in Q2 with BTC and ETH rising 31.64% and 38.43% respectively, VET's price fell by 4.05% [4] Tokenomics and Strategic Initiatives - VeChain has adjusted its tokenomics, with VTHO tokens now generated exclusively through staking and ecosystem activities to reduce inflationary pressure [6] - The project is expanding VeWorld's Web3 super app to facilitate smoother onboarding for new users into Web3 and NFT services, which is expected to strengthen the foundation for growth [8] - Analysts view Q2 as a transitional period, focusing on regulating supply flows within the dual-token system to create a more sustainable model for VET [10] Market Outlook - On a weekly timeframe, VET shows signs of a positive trend, with potential for a breakout if liquidity support continues [11]

Web3 & AI Intersection - Panel 2 discussed the intersection between AI and Web3 [1] - Speakers included representatives from Tranchess, BankingCircle, Aster_DEX, TrustWallet, chatandbuild, awscloud, Audiera_web3 & OpenAI [1]

The biggest #Web3 opportunity is still HIDDEN 👀💡 ...

Core Insights - Web3 gaming has seen improvements in quality and scale but suffers from poor investor communication, which negatively impacts token performance [1][3] - Animoca Brands is expanding into real-world assets, stablecoins, and has introduced the MoCA Portfolio strategy, indicating a maturing market [2] - The disconnect between strong fundamentals and market perception is highlighted by the recent acquisition interest in GAMEE, Animoca's Web3 gaming subsidiary [5] Investor Relations - Many Web3 gaming companies struggle with basic investor relations, which has adversely affected token valuations [3][7] - Animoca's Sandbox project is noted for effective community engagement, contrasting with the broader industry's shortcomings [3][4] Market Dynamics - AlphaTON Capital plans to acquire a 51% stake in GAMEE, which has over 119 million registered users and 10 billion gameplay sessions, indicating significant market presence [4][6] - The GAMEE token was previously undervalued, with a market cap of $2 to $3 million despite generating annual profits of $1.5 to $3 million, reflecting a shift in investor focus towards themes like AI [6][7] Strategic Developments - The proposed acquisition by AlphaTON includes up to $4 million in open-market token purchases, aiming to strengthen its portfolio [5] - Animoca's new MoCA Portfolio token provides holders with exposure to a wide range of Web3 investments, showcasing the company's strategic direction [7]

Get ready for the most anticipated night of TOKEN2049🌕NEXT STOP: MOON by Trust Wallet & friends.Good vibes. Big energy. All the right people.Who's joining us for a night with some the biggest builders & creators in Web3👀 https://t.co/8grZWRHC0K ...

📍 Live from #TOKEN2049 in Singapore! BitMart Card are on fire 🔥Visit the #BitMart booth & explore the #BitMartCard 💳Trade, Spend, Earn — All in one card!#BitMart #Crypto #Web3 #Blockchain #TOKEN2049Singapore https://t.co/9nXEVeyk82 ...

📍 Live from #TOKEN2049 in Singapore! BitMart Card are on fire 🔥Visit the #BitMart booth & explore the #BitMartCard 💳Trade, Spend, Earn — All in one card!#BitMart #Crypto #Web3 #Blockchain #TOKEN2049Singapore https://t.co/IcZVnvh3SY ...

LIVE from the The Sui Tank 🌊Kevin O’Leary is taking the stage at #SuiFest.Web3 founders - time to sink or swim.Kevin O'Leary aka Mr. Wonderful (@kevinolearytv):Heading to the stage now for The Sui Tank at SuiFest in Singapore, looking for the next great entrepreneur building in crypto. Follow @SuiNetwork for updates! https://t.co/9aWoYwXmSF ...