# Web3 Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Web3", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Collector Crypt's DAU Is Only 800, Yet It's Already One of Crypto's Most Profitable Projects?

"Collector Crypt: A Highly Profitable Crypto Project with Only 800 Daily Active Users?" Collector Crypt (CARDS) is a crypto project tokenizing physical graded trading cards (primarily Pokémon) on Solana, achieving significant real-world profitability and growth. According to a Maelstrom Fund analysis, it generated approximately $53M in annualized profit in May, with a June run-rate nearing $109M, against a $550M FDV. Its core revenue driver is a digital pack-opening 'Gacha' system. The platform bulk-buys cards at a 5-15% discount. Users can open digital packs and choose to keep cards or sell them back to the platform at a 7-15% discount to market price. Most users sell back common cards, creating an efficient model: users get packs with a ~2% positive expected value, while Collector Crypt captures ~4.5% profit. The project aims to disrupt the inefficient $22.2B GMV (Q1 2026) eBay trading card market, which charges sellers 16-20% in total fees. Collector Crypt offers 2% fees, instant settlement, insured custody, and one-click trading. Beyond Gacha, future revenue streams include secondary market trading fees, infrastructure partnerships, and an eBay "snipe" tool. It holds ~$23M in card inventory and ~$10M in cash, and has already begun token buybacks. With a total supply of 2B tokens, effective circulation post-2027 unlocks is estimated at ~1.3B. Trading primarily on DEXs has so far limited large institutional entry. The project is expanding into sports cards and attracting Web2 users. Maelstrom Fund's price target is $4 by summer's end, positioning Collector Crypt at the forefront of migrating collectibles on-chain.

Foresight News13h ago

Collector Crypt's DAU Is Only 800, Yet It's Already One of Crypto's Most Profitable Projects?

Foresight News13h ago

Mid-Year Review of U.S. Crypto Policy: CLARITY Gains Momentum for a Comeback, Who Will Lead the Second Half?

Mid-Point Review of U.S. Crypto Policy: CLARITY Act Gains Momentum, Who Will Lead the Second Half? The U.S. crypto industry is hopeful for a breakthrough as the Senate advances the CLARITY Act, but securing the necessary 60 votes requires bipartisan compromise. With only about 40 legislative days left, the path is tight. The policy agenda is crowded. Alongside CLARITY, multiple crypto tax proposals spun off from the new PARITY Act seek attachment to larger bills. The Blockchain Regulatory Certainty Act aims to codify developer protections, and key rules under GENUIS remain under negotiation. The CFTC operates with four vacant commissioner seats, creating uncertainty. A major unresolved battle is over which regulator—state authorities, the CFTC, or the SEC—will gain jurisdiction over prediction markets. The sector also faces the impending departure of two key advocates: SEC Commissioner Hester M. Peirce and Senator Cynthia Lummis. Industry leaders provided cautious perspectives. Sara K. Weed doubts CLARITY will pass this Congress, expecting agencies like the SEC to provide guidance instead. Sulolit "Raj" Mukherjee believes targeted crypto tax provisions have a real chance if attached to must-pass year-end legislation. Rashan Colbert highlights the CFTC's recent efforts to build a regulatory framework for the growing prediction markets sector, warning against an overly broad "gambling" classification that could stifle innovation. The second half of the policy year has begun. The window for action is narrow, but opportunities remain. Sustained bipartisan engagement is crucial for achieving substantive results.

Foresight NewsYesterday 09:44

Mid-Year Review of U.S. Crypto Policy: CLARITY Gains Momentum for a Comeback, Who Will Lead the Second Half?

Foresight NewsYesterday 09:44

From Logo to Bo Niu: TRON Further Perfects Its Brand Visual Assets

On June 23rd, TRON completed a significant upgrade to its official mascot, Bo Niu. The revamped character features larger, brighter eyes, more expressive facial details, and a clearer "T" structural motif, while retaining its signature red-and-white color scheme and horned design. This refresh aims to enhance Bo Niu's approachability, emotional range, and versatility for use across social media, community interactions, offline events, and branded merchandise. The redesign focuses on creating a stronger first impression. A more open facial structure with distinct, expressive eyes and the addition of a mouth with a small fang make the character friendlier and more suitable for dynamic content like animations and emojis. Subtle brand elements are integrated, such as stylized cheek lines inspired by "signal" icons, referencing the "wave" in "TRON," and a "T" shape formed by its smile and chest markings. Bo Niu has also been given a more defined personality as "TRON's Chief Luck Officer," with traits like being playful and sweet. This persona provides a more accessible and emotionally resonant entry point to the TRON brand, contrasting with often technical Web3 narratives. This mascot upgrade is part of TRON's ongoing effort to build a comprehensive and extensible visual identity system, following its recent logo refresh. Bo Niu is positioned as a key asset to connect with users, foster community, and convey brand warmth in everyday contexts.

marsbitYesterday 06:46

From Logo to Bo Niu: TRON Further Perfects Its Brand Visual Assets

marsbitYesterday 06:46

TRON Refreshes the Bull Image, Creating a More Approachable Brand Character

TRON's official mascot "BONiu" (Wave Bull) has received a comprehensive visual upgrade. Retaining its core red-and-white color scheme, horned silhouette, and brand DNA, the refreshed character features larger, brighter eyes, more expressive facial details including a mouth with a small fang, and enhanced emotive capabilities. The redesign aims to strengthen the mascot's亲和力, emotional expressiveness, and adaptability across various scenarios. Key updates include a clearer facial structure for instant recognition, a simplified and more intuitive五官 design, and the integration of subtle brand language. The cheek blushes are now inspired by a "signal" icon, while the smile and chest lines form a stable "T" structure, creating a cohesive超级符号 for the brand. The character has also been equipped with a 12-phoneme lip-sync system to support future动画 and interactive content. Beyond its visual role, BONiu's persona has been enriched. Now titled "TRON's Chief Luck Officer," it carries playful personality tags like "foodie enthusiast" and "full-of-tricks," allowing it to engage with the community in a more approachable and relatable manner. This update provides a lower-barrier, emotionally warm entry point for users amidst the often technical and abstract narratives of Web3. This mascot revamp is part of TRON's ongoing effort to refine its visual asset system, following the earlier logo update. By evolving from a static visual into a dynamic, expressive brand角色, the new BONiu is positioned to become a key asset for connecting with users, building brand记忆, and conveying TRON's personality across社交传播, community互动,线下活动, and merchandise.

链捕手Yesterday 06:30

TRON Refreshes the Bull Image, Creating a More Approachable Brand Character

链捕手Yesterday 06:30

Dialogue with KK, Founder of Hash Global: Do VCs Still Invest in Blockchain Games Now? What Kind of Projects Can Still Get Funding?

**Title: Dialogue with KK, Founder of Hash Global: Do VCs Still Invest in Blockchain Games? What Kind of Projects Can Still Get Funding?** **Summary:** KK, partner at Hash Global, discussed the evolving landscape of Web3 investment and blockchain games in a recent interview. He noted that the industry has moved past its initial hype phase into a more sober "second half," where VCs now prioritize core questions: Is the game actually fun? Does it have real users? Can it generate revenue? Key insights include: * **Web3 Investment Evolution:** The sector is increasingly adopting traditional investment logic, focusing on business models, value capture, and tangible worth over pure narrative. * **Blockchain Game Fundamentals:** The paramount criterion for any game is being genuinely fun and engaging. Web3 elements (like asset issuance and value distribution) should enhance an already solid product, not be a substitute for poor gameplay. Play-to-Earn is seen as a potential final stage, not a starting point. * **Current Investment Thesis:** Hash Global remains active in gaming, favoring projects with low barriers to entry, strong social/competitive elements, and the ability to generate real revenue (e.g., through ads, skins) like traditional Web2 games before scaling. Essential criteria are: 1) A fun core loop understandable without Web3 knowledge, 2) Web3 mechanisms that genuinely improve asset distribution and community participation, and 3) A capable, long-term-focused team with proven product-building experience. * **Team Focus:** The firm concentrates on investing in Chinese teams, leveraging cultural familiarity and judgment. * **Web3 Application Outlook:** Large-scale adoption may be accelerated by AI in areas with significant pain points in distribution (e.g., creator economy) or in "Non-Financial RWA" sectors like entertainment/culture. * **BNB Ecosystem:** Hash Global is bullish on BNB, viewing its ecosystem as significantly undervalued, with real users and global capital access. * **Investor Advice:** In the current bear market, KK expresses respect for new institutional investors entering Web3, as it indicates deep research rather than hype-chasing. A key lesson is managing pace—maintaining optimism tempered with realism to ensure longevity.

marsbit2 days ago 09:16

Dialogue with KK, Founder of Hash Global: Do VCs Still Invest in Blockchain Games Now? What Kind of Projects Can Still Get Funding?

marsbit2 days ago 09:16

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